Disqualified SMSF Auditors

ASIC takes action against three SMSF auditors

ASIC has taken action against three SMSF auditors, disqualifying two and imposing additional conditions on one. ASIC announced that it has disqualified two people from being registered SMSF auditors. Darryl Iseppi, of Queensland, was disqualified for “significant auditor independence breaches and deficiencies in auditing the acquisition of shares, borrowings, valuation… Read More »ASIC takes action against three SMSF auditors

Two Queensland SMSF auditors disqualified by ASIC

ASIC has disqualified two Queensland-based SMSF auditors for breaching the independence requirements. The regulator announced that it had disqualified John Gilliland and Douglas Coghlan, both of Queensland, from being approved SMSF auditors. ASIC said they separately breached the auditor independence requirements by auditing their own SMSFs, the SMSF of an… Read More »Two Queensland SMSF auditors disqualified by ASIC

Sixth SMSF auditor disqualified in 2018 for independence breaches

ASIC has disqualified yet another SMSF auditor for breaching the independence requirements. ASIC announced that it had disqualified Keith Mar, of NSW, from being an approved SMSF auditor. The regulator said it found Mr Mar had breached the independence requirements in APES 110 Code of Ethics for Professional Accountants by auditing… Read More »Sixth SMSF auditor disqualified in 2018 for independence breaches

ASIC cancels 117 SMSF auditor registrations, disqualifies another auditor

The registrations of 117 approved SMSF auditors have been cancelled, for failing to lodge their annual statements, ASIC has announced. In November 2017 ASIC sent a final warning to 404 SMSF auditors with outstanding annual statements, with 287 of these auditors lodging their annual statements. ASIC sent notice of cancellation… Read More »ASIC cancels 117 SMSF auditor registrations, disqualifies another auditor

Two more SMSF auditors disqualified for independence breaches

ASIC has disqualified two more SMSF auditors for breaching the auditor independence requirements. ASIC announced that it has disqualified John Tretola of South Australia and Robert Newham of the ACT from being approved SMSF auditors. These disqualifications were announced on the same day but appear unconnected. The regulator said John Tretola was disqualified… Read More »Two more SMSF auditors disqualified for independence breaches

Independence breaches lead to another SMSF auditor disqualification

Breaches of independence requirements has led to another SMSF auditor being disqualified by ASIC. ASIC announced that it has disqualified Lindsay Malcolm Wells of Victoria from being an approved SMSF auditor. “ASIC found that Mr Wells had breached the auditor independence requirements of APES 110 Code of Ethics for Professional Accountants… Read More »Independence breaches lead to another SMSF auditor disqualification