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Showing 1 - 10 of 1355 results for "Audit"

Private credit under fire again, widespread failings persist

KARREN VERGARA  |  TUESDAY, 10 NOV 2026
Private credit funds continue to lag in improving poor disclosure, distribution and conflict-management practices since ASIC handed down its scathing inaugural report into the opaque sector 12 months ago. A new ASIC investigation finds complex, multi-layered ...

Perpetual awards OTC reporting mandate

MATTHEW WAI  |  MONDAY, 9 NOV 2026
Perpetual Corporate Trust has selected a service provider to provide independent reconciliation and oversight of over-the-counter (OTC) derivative reporting across funds for which it acts as trustee and responsible entity (RE). Fund Recs offers automated ...

Audit quality continues to fall short: ASIC

RIDDHIMA TALWANI  |  FRIDAY, 30 OCT 2026
The corporate regulator has called for improvements in audit quality and financial reporting after its latest surveillance found companies, including superannuation funds, are still not getting the fundamentals right. Report 842 ASIC's oversight of ...

FSCP slaps prohibition order on adviser

VINNY VUCAGO  |  MONDAY, 26 OCT 2026
A New South Wales financial adviser has been barred from re-registering as a relevant provider for two and a half years after the Financial Services and Credit Panel (FSCP) found serious and prolonged failures in client reviews, fee arrangements and ...

Former super ombudsman joins HESTA

MICHELLE BALTAZAR  |  THURSDAY, 22 OCT 2026
... said HESTA board chair Nicola Roxon. Other external advisers to HESTA board committees include Alan Morrison to the finance audit and compliance committee, and Susanne Dahn and Susan Darroch to the investment committee.

Regulating for culture

RIDDHIMA TALWANI  |  TUESDAY, 20 OCT 2026
... the parliamentary inquiry into KPMG in August, Macquarie chair Glenn Stevens was asked whether he had ever questioned his audit committee chair about her contact with the firm during the investment giant's audit tender. "I have not put that question ...

ASX turns up heat on Clime Capital following KPMG scrutiny

KARREN VERGARA  |  TUESDAY, 20 OCT 2026
... the unit trusts, whose net assets were deemed to be valued at $36,205,754 at the end of June 30. "The insufficiency of the audit evidence also relates to these unlisted unit trusts comprising $27,900,000 as at 30 June 2025," KPMG said. "Further, the ...

ASIC flags gaps in super fund valuations

VINNY VUCAGO  |  WEDNESDAY, 14 OCT 2026
... testing of valuation methods and assumptions. In its report, Accounting for your super: Super fund financial reporting and audit 2025-26, ASIC said some trustees relied heavily on external fund managers for valuations, limiting their ability to challenge ...

FAAA says super trustees should stump up for CSLR

RIDDHIMA TALWANI  |  THURSDAY, 8 OCT 2026
The Financial Advice Association Australia (FAAA) has called on Treasury to cut the Compensation Scheme of Last Resort (CSLR) special levy on the advice sector to zero and for superannuation trustees to stump up for the scheme. Treasury recently commenced ...

Macquarie completes audit review

ELIZA BAVIN  |  WEDNESDAY, 7 OCT 2026
The Macquarie Group and Macquarie Bank boards have completed a review of Macquarie's 2025 audit tender process, in the wake of the KPMG whistleblower scandal. The review, led by board governance and compliance committee chair Rebecca McGrath, considered ...
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