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Showing 1 - 10 of 372 results for "Auditor"

Half of super funds to close in coming decade: Mercer

JAMIE WILLIAMSON  |  FRIDAY, 15 MAR 2024
The total number of superannuation funds in Australia will halve over the next decade, says Mercer. In its inaugural Shaping Super report, Mercer predicts the number of super funds in Australia will decline by another 30% over the next five years and ...

ATO refers SMSF auditors to ASIC

JAMIE WILLIAMSON  |  THURSDAY, 14 MAR 2024
... that the financial statements for SMSF clients were prepared by the same firm that also conducted the audit, breaching auditor independence requirements. As a result, ASIC imposed conditions on the registration of 13 SMSF auditors and accepted voluntary ...

ASIC vigilant on bad SMSF advice

KARREN VERGARA  |  WEDNESDAY, 21 FEB 2024
... 4341 registered SMSF auditors. As a result of referrals from the ATO's compliance program and other identified SMSF auditor conduct concerns, ASIC has deregistered 14 SMSF auditors and imposed conditions on 17 others so far in the 2024 financial ...

SMSF scammers charged with criminal offences

KARREN VERGARA  |  WEDNESDAY, 7 FEB 2024
... registration. Murphy requested that his disqualification be reviewed by ASIC. ASIC imposed additional conditions on the SMSF auditor registration of Timothy Davidson and Kylie Wilson. Finally, ASIC has cancelled the SMSF auditor registrations of Vincenzo ...

SMSFA prepares delegates for major super tax reform

KARREN VERGARA  |  MONDAY, 5 FEB 2024
The SMSF Association is urging the wealth management sector to embrace learning opportunities at this year's National Conference, particularly as major reforms such as the $3 million superannuation tax changes loom. The SMSFA will host its flagship ...

UniSuper appoints chief risk officer

JAMIE WILLIAMSON  |  THURSDAY, 1 FEB 2024
The $124 billion super fund will welcome a new chief risk officer this month, making the jump from Cbus. Wade Martin will join UniSuper in the role on February 21. He is currently chief risk officer at Cbus, a role he's held since August 2019. Martin ...

Caddick SMSF clients should recoup all funds: Lawyer

KARREN VERGARA  |  FRIDAY, 15 DEC 2023
... Another example is that the GST line in those statements often didn't add up." The class action argues that at least one auditor should have at least noticed a discrepancy from the time Caddick started her operation in 2012 to 2020 when she disappeared. ...

'Significant deficiencies' lead APRA to act against NGS Super

JAMIE WILLIAMSON  |  FRIDAY, 8 DEC 2023
... APRA said the decision to implement the additional conditions follow an internal report prepared by NGS's internal auditor in August 2022 and an independent review undertaken in April of this year at APRA's request following the attack. "The ...

New Zealand sovereign wealth fund appoints acting chief

ANDREW MCKEAN  |  MONDAY, 4 DEC 2023
... earlier this year and will exit on December 8. Steed joined the Guardians in July 2021, after serving as chief internal auditor at ASB Bank. She has 25 years' experience in financial services and banking, holding key executive roles in finance and general ...

'Should have known better': AAT tells auditor

JAMIE WILLIAMSON  |  FRIDAY, 1 DEC 2023
A former auditor who was busted for auditing her own husband's SMSF has seen her disqualification upheld by the Administrative Appeals Tribunal (AAT). In August 2022, Janette Townshend was found to have breached independence requirements by auditing ...
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