ASIC boots third auditor in August

Free currency trading books The corporate regulator has disqualified a NSW man from being an approved SMSF auditor for breaching fundamental audit requirements.

trading autopzionibinarie ASIC announced yesterday that it had disqualified Chiu Man from being an approved SMSF auditor following investigations after being referred by the ATO under section 128P of the Superannuation Industry (Supervision) Act 1993 (the SIS Act).

Swing tradingbinary tradingtrading futuresforex trading The corporate regulator found that Mr Man had not complied with audit evidence requirements of Australian auditing standards, and had not appropriately responded to inquiries from the ATO and ASIC. opzioni binarie pregi e difetti Mr Man’s disqualification is the third such ban for SMSF auditors in August as ASIC and the ATO continues its focus on auditors ever since SMSF auditors were required to be registered since July 2013. “SMSF auditors play a fundamental role in promoting confidence in the SMSF sector so it is crucial that they adhere to ethical and professional standards,” ASIC commissioner John Price said. “ASIC will continue to take action where the conduct of SMSF auditors is inadequate.”

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