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Showing 41 - 50 of 428 results for "Auditor"

ASIC blasts managed funds' poor compliance plans

KARREN VERGARA  |  MONDAY, 2 JUN 2025
... audits," ASIC said. "Auditors play a critical assurance role in the regulatory framework protecting fund investors, and auditor reporting obligations are a key aspect of their role. ASIC relies on annual compliance plan audit reports, lodged with us ...

Greenwashing remains an enforcement priority: ASIC

MICHELLE BALTAZAR  |  THURSDAY, 29 MAY 2025
The country's financial services regulator unveils its 'capacity building' plans as sustainability reporting becomes a mandatory requirement for small to large Australian businesses - but it was its passing update on greenwashing as an enforcement ...

Collectables market reaches $17bn: Report

KARREN VERGARA  |  MONDAY, 14 APR 2025
... passed. "If anybody's lucky enough to get into those quirky areas, the first thing they should be doing is asking their auditor what they would require at the end of each year in order to audit their fund," he said. Meanwhile, digital platform for ...

Court approves Caddick SMSF class action settlement

KARREN VERGARA  |  WEDNESDAY, 2 APR 2025
The Federal Court has approved the settlement amount of $3.54 million for Melissa Caddick victims who brought a class action against auditors that failed to detect fraudulent activities in their SMSFs. Michael Chapman, a director at Mackay Chapman ...

SMSF Association names annual award winners

MATTHEW WAI  |  FRIDAY, 21 FEB 2025
... SMSF audit manager from Aquila Super, was recognised for achieving the highest examination score for the SMSF Specialist Auditor accreditation program. SMSFA chief executive Peter Burgess said its members are highly regarded across the industry, and ...

ASIC proposes further breach reporting relief

ANDREW MCKEAN  |  WEDNESDAY, 19 FEB 2025
... members, which found that each minor breach reported to ASIC costs $3800 in documentation, senior executive time, and auditor reviews - highlighting the "significant need for streamlining the reporting system" to cut disproportionate regulation which ...

Victorian SMSF auditor fails to overturn disqualification

MATTHEW WAI  |  THURSDAY, 30 JAN 2025
A Victorian-based self-managed superannuation fund (SMSF) auditor will remain disqualified after he failed to overturn ASIC's initial verdict. ASIC originally disqualified Nazrul Islam, of Clayton South in Victoria, from being an approved SMSF auditor ...

Auditors tighten fist on greenwashing

ROSE MARY PETRASS  |  TUESDAY, 28 JAN 2025
The global ethics watchdog has issued fresh directives on judging green claims, with the minutiae still in flux in Australia as mandatory reporting begins for large entities and financial firms. Part of a broad crackdown on greenwashing and ESG-related ...

ART beefs up analytics team

ELIZABETH FRY  |  THURSDAY, 12 DEC 2024
... Chartered, PGIM, and Westpac. The incoming risk chief started his career with Ernst & Young, where he qualified as an auditor and a chartered accountant. ART chief executive David Anderson said the appointment was a great outcome for the fund. "In an ...

Settlement reached in Caddick class action

ELIZA BAVIN  |  MONDAY, 9 DEC 2024
... Ponzi scheme that is quite a remarkable result and a credit to the receivers." The class action argued that at least one auditor should have noticed a discrepancy from the time Caddick started her operation in 2012 to 2020 when she disappeared. One client ...