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Showing 421 - 429 of 429 results for "auditor"

ASIC to review accounting practices of 440 Australian entities

... requirements will be liable for enforcement action. The surveillance program will also result in an increased focus on auditor compliance, ASIC said. "The assurance provided by the audit function is a crucial component for the integrity of the financial ...

HIH liquidators to attempt $1 billion recovery

The liquidators of HIH Insurance are preparing to launch legal action against a range of people linked to the failed insurer in an attempt to recoup more than $1 billion in damages. HIH liquidators Tony McGrath and Alex Macintosh, from accounting firm ...

APRA addresses reporting errors

The Australian Prudential Regulation Authority (APRA) has found an "unacceptable" incidence of errors in the quarterly returns from general insurers, and has asked industry auditors to review the systems and processes used by their clients to report ...

Three charged over FAI reinsurance arrangements

Three former FAI executives appeared in a Sydney court this morning, charged over alleged offences relating to reinsurance arrangements entered into with general Cologne Re Australia Limited in 1998. Fronting the Downing Centre District Court, Timothy ...

Macek appointed FRC chairman: Costello

... not-for-profit sectors. Under CLERP 9 the Government has proposed that the FRC's role be expanded to include oversight of auditor independence, oversight of the setting of auditing standards, monitoring of the disciplinary procedures of the professional ...

ASIC releases results of accounting surveillance

The Australian Securities and Investments Commission (ASIC) has released the second stage results of its accounting surveillance project that begun in July 2002. The project reviewed the audited full-year financial reports of more than 1000 listed companies ...

APRA replaces Strategic Capital trustee as $11 million disappears

... trustee. APRA said these include the failure to keep adequate records, the failure to undertake an audit by an approved auditor and the failure to submit annual financial reports to APRA. In addition APRA also found that the fund had conducted itself ...

ASIC issues updated tip sheet for below-par auditors

... announced that it has issued an updated information sheet to provide guidance for applicants wishing to register as a company auditor. The information sheet, entitled 'how to apply to be registered as an auditor', is designed to assist applicants improve ...

ASIC suspends registration of Sydney-based liquidator

... Investments Commission (ASIC) today announced the suspension of registration of John Greer as both a registered company auditor and registered liquidator for a period of four years as he failed to adequately and properly carry out his duties as the auditor ...