ASIC has issued a “final warning” to 185 approved SMSF auditors who have yet to lodge their outstanding annual statements.
ASIC says that their registrations as SMSF auditors will be cancelled if the annual statements are not lodged and registration fees paid by the 22nd of July 2016.
“As part of its compliance program, ASIC contacted SMSF auditors who had not lodged their annual statements. ASIC sent emails and letters and telephoned the auditors using the current contact details provided by them. While most of the auditors responded by lodging their outstanding annual statements and paying their lodgement fees, 185 auditors are still yet to comply,” said a statement by ASIC.