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Showing 41 - 50 of 69 results for "SMSF auditors"

SMSF auditor busted self-auditing

JAMIE WILLIAMSON  |  THURSDAY, 29 JUN 2017
... a member. He was also found to have breached audit documentation requirements of Australian auditing standards. "SMSF auditors play a fundamental role in promoting confidence in the SMSF sector so it is crucial that they adhere to ethical and professional ...

Collaboration call for SMSF auditing

DARREN SNYDER  |  WEDNESDAY, 14 JUN 2017
... age" of super audits. Evolv executive director Ron Phipps-Ellis said the firm's role is not to compete with other SMSF auditors. "The market is large, and our SMSF audit industry is disparate," Phipps-Ellis said. "Mergers and acquisitions of SMSF audit ...

SMSF auditor's appeal upheld

DARREN SNYDER  |  TUESDAY, 15 NOV 2016
... were ever intended to be disruptive or to intentionally mislead the regulator," he said. "I understand that the SMSF auditors role is an important one and should be conducted with the utmost honesty and integrity. Those auditors who do not take their ...

Self-auditing SMSF auditor caught in ASIC breach

JAMIE WILLIAMSON  |  THURSDAY, 27 OCT 2016
... of the Act." ASIC commissioner John Price said the regulator will continue to take action where the behavior of SMSF auditors is inadequate. "SMSF auditors play a fundamental role in promoting confidence in the SMSF sector so it is crucial that they ...

ASIC drops proceedings against two former directors

KERRIE SYDEE  |  THURSDAY, 22 SEP 2016
... Commissioner John Price said: "To safeguard the SMSF sector, ASIC will continue to use its power to disqualify approved SMSF auditors that don't perform their role adequately and meet professional standards."

ASIC cancels 133 SMSF auditor registrations

KERRIE SYDEE  |  TUESDAY, 23 AUG 2016
... failed to lodge their annual statements. The cancellation follows a final warning issued on 28 July to 185 approved SMSF auditors which had outstanding annual statements. ASIC said it had alerted auditors on a number of occasions that their registration ...

ASIC threatens SMSF auditors with cancellation

MARK SMITH  |  WEDNESDAY, 29 JUN 2016
Nearly 200 SMSF auditors will have their registrations cancelled if they do not lodge outstanding annual statement and fees by 22 July. While most of the 811 auditors ASIC contacted by email, letter and telephone with outstanding fees and documents ...

July 1 will end the "amateur" SMSF era

ALEX BURKE  |  MONDAY, 21 MAR 2016
New entry and licensing requirements for SMSF auditors and accountants from July 1 will likely result in many funds being wound up, according to industry consultant John Wiseman. Wiseman noted that, as at December 2015, SMSFs represented 30% of the ...

Regulators coordinating efforts to protect super

MARK SMITH  |  THURSDAY, 18 FEB 2016
... added that most of ASIC's efforts in the SMSF sector were currently centred on raising standards. A recent focus on SMSF auditors had unearthed some 400 people practicing without the appropriate qualifications or experience.

Third SMSF auditor banned

DARREN SNYDER  |  THURSDAY, 3 DEC 2015
... ASIC Commissioner John Price said auditors are important gatekeepers who play a crucial role in the SMSF sector. "SMSF auditors must maintain high standards or ASIC will hold them to account," Price said. SMSF trustees and members can check whether their ...