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Showing 421 - 430 of 1306 results for "Audit"

Perth Mint to review audit processes

KANIKA SOOD  |  MONDAY, 15 JUN 2020
The Perth Mint says it will initiate an independent third-party review of its audit process after an AFR investigation raised concerns about conflicts in how it sources gold. The Western-Australian government owned Perth Mint allegedly buys up to $200 ...

FSU calls for NAB staff to audit pay

ALLY SELBY  |  MONDAY, 15 JUN 2020
The Finance Sector Union of Australia has called on NAB staffers to audit their own pay, as the bank kicks off an investigation into staff underpayments. It comes after NAB announced last week it would be launching an independent investigation into ...

ATO warns against SMSF property development

ELIZA BAVIN  |  WEDNESDAY, 10 JUN 2020
The Australian Taxation Office has shared its concerns about a growing number of SMSFs purchasing and investing in the development of real property. The ATO said it strongly encourages SMSF trustees who may be considering property development to seek ...

ASIC cancels two AFSLs

ELIZA BAVIN  |  MONDAY, 1 JUN 2020
... its failure to meet its licensee obligations. ASIC said Australian Golden Securities has failed to lodge its financial and audit reports, and address its failure to maintain adequate competence and capacity to provide the financial services covered by ...

ASIC takes action on two AFSLs

ELIZA BAVIN  |  FRIDAY, 29 MAY 2020
ASIC has cancelled the ASFLs of two NSW-based financial service providers. Sydney-based financial services provider Squareknot's licence cancellation took effect on 6 May 2020. ASIC said the licence was cancelled after it found that Squareknot did not ...

Super fund to remediate members

KANIKA SOOD  |  WEDNESDAY, 27 MAY 2020
An industry superannuation fund is remediating some members after identifying performance discrepancies in its cash and Australian bonds holdings. REI Super said the average estimated credit is less than $60 per member, and the effect of remediation ...

TPB cracks down on 74 tax practitioners

ELIZABETH MCARTHUR  |  TUESDAY, 26 MAY 2020
... SMSFs must be audited annually by an approved SMSF auditor before a return can be lodged. SAN misuse may indicate that the audit itself was not conducted properly or that the SMSF trustee is trying to cover up actions that are not compliant with the ...

APRA urged to probe industry funds

KANIKA SOOD  |  TUESDAY, 26 MAY 2020
... can fulfil the purpose of its inquiry," Wilson wrote. "In the meantime, I encourage APRA to complete an investigation and audit of the exposure of industry fund investments in their related party funds to ensure there is a proper diversification of risk ...

ASIC revokes AFSL suspension, cancels another

ELIZA BAVIN  |  TUESDAY, 19 MAY 2020
ASIC has cancelled the AFSL of a financial services provider and revoked its suspension of a separate AFSL. The regulator revoked the ASFL of NSW-based Tailormade Financial Strategies, effective 9 April 2020. ASIC said it cancelled the AFSL because ...

South Australian wealth firms merge

KANIKA SOOD  |  WEDNESDAY, 13 MAY 2020
An Adelaide wealth advisory and accounting practice has acquired a private wealth firm that was named the Financial Planning Association of Australia's Professional Practice of the Year in 2018. Perks is expanding its Perks Private Wealth business after ...