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Showing 51 - 60 of 72 results for "SMSF auditors"

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 ...

ASIC bans another SMSF auditor

ALEX BURKE  |  WEDNESDAY, 2 DEC 2015
... by the regulator to be not a fit and proper person to be an approved SMSF auditor. "It is critical that approved SMSF auditors perform their role adequately and meet professional standards to promote confidence in the SMSF sector," said ASIC commissioner ...

SMSF auditor disqualified

MARK SMITH  |  MONDAY, 30 NOV 2015
... Price said as the SMSF sector continues to grow in popularity with Australian investors it is critical that approved SMSF auditors perform their role adequately and meet professional standards. "ASIC will continue to follow up matters referred by the ...

ASIC bans auditor and adviser

ALEX BURKE  |  WEDNESDAY, 15 JUL 2015
... funds. "As the SMSF sector continues to grow in popularity with Australian investors, it is critical that approved SMSF auditors perform their role adequately," said ASIC commissioner John Price. "ASIC will continue to work with the ATO in acting to ...

Trillion dollar super industry attractive to organised criminals

DARREN SNYDER  |  MONDAY, 1 JUN 2015
... service under the Anti-Money Laundering and Counter Terrorism Financing Act 2006 ; and establishing a register of SMSF auditors has all helped to reduce organised crime in the space. Australian Crime Commission chief executive, Chris Dawson, said organised ...

ASIC acts on 440 SMSF auditors

LAURA MILLAN  |  THURSDAY, 18 DEC 2014
... registration cancelled by the Australian Securities and Investments Commission (ASIC). ASIC has also disqualified two SMSF auditors whose application for registration had overstated the number of SMSF audit reports issued by them in the preceding 12 ...

BGL partners with Auditflow

JAMES FERNYHOUGH  |  FRIDAY, 12 SEP 2014
... data from the cloud-based Simple Fund 360 into Auditflow, "significantly reducing the amount of time it will take SMSF auditors to complete their work." The integration follows that of Auditflow and BGL's desktop software. BGL managing director Ron Lesh ...

SMSFs get off lightly in FSI interim report

JAMES FERNYHOUGH  |  WEDNESDAY, 16 JUL 2014
... commissioner Greg Tanzer today gave a speech on the regulation of SMSF service providers. He singled out the need for SMSF auditors to be specialised. He also said ASIC was clamping down on misleading SMSF advertising, including on social media. He said ...