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Showing 391 - 400 of 437 results for "Auditor"

New guide to short and sweet PDS

... a long list of every conceivable risk," he said. The proactive step from ASIC comes just weeks after a report from the Auditor General's department criticised the regulator for mishandling the FSR regime. The move also follows wider criticism of the ...

Secured creditors called on for help in Westpoint bungle

... invested in Westpoint to recover their monies. He said that one of the options they are looking at is to sue KPMG, the auditor which gave the property group a clean bill of health just over a year ago. "If we do not act now then we will get whatever ...

Daily economic update

The Department of Employment and Workplace Relations (DEWR) reported a 2.9 per cent fall in its skilled vacancies index in January, led by a 3.6 per cent decline in openings for trades. Automotive trades posted the biggest decline (9.2 per cent) in ...

ASIC too soft on AFSL applicants: Aud Gen

... properly inspecting applications from a number of financial planners, dealers and insurance brokers, according to a new Auditor-General report. The report by the national Auditor-General, Ian McPhee, suggests that ASIC needs to tighten the reigns further ...

AIOFP forms Westpoint Recovery Fund

... investors and so qualify for high commissions, while the planners themselves have started blaming the group's directors and auditor KPMG for misrepresenting the company's financial health. Meanwhile the Financial Planning Association (FPA) released a ...

Companies make smooth IFRS transition: ASIC

Australian companies have made a smooth transition to the Australian equivalent to IFRS, according to an ASIC review into the implementation of the new reporting standards. Jeffrey Lucy, chairman of ASIC, released ASIC's findings. "Transition to AIFRS ...

Saint to solve the SMSF investment strategy nightmare

... offer the 'Risk Measurement Report' on a fee-for-service basis. It is aimed squarely at trustees, their accountant or auditor to provide the risk documentation required by law, at a fraction of the time it normally takes to do so. At June, official APRA ...

ASIC chairman talks about governance and er, bullfrogs

In his keynote speech at a legal conference in Melbourne yesterday, ASIC chairman Jeff Lucy drew on a bullfrogs analogy to talk about financial fraud and corporate governance. Lucy said the recent spate of corporate collapses in the country such as ...

Four star rating for MIR Absolute Return Fund

... simulation of the manager's hedge fund track record by a program code regardless of the code's approval through an external auditor. Furthermore S&P does not favour the term 'absolute' in the fund's name as "all investments are arguably relative to factor ...

ATO calls on SMSF trustees to get it right

... respect of any breaches reported in the current year. This is not correct, as evidenced by our audit activity in response to auditor reports. The moratorium on compliance action is only in respect of cases where the trustees have not yet prepared the ...