ASIC targets substandard SMSF auditors

The Australian Securities and Investments Commission (ASIC) has taken action against the registration of 13 self-managed superannuation fund (SMSF) auditors.   The regulatory body has disqualified seven auditors, as well as suspending, cancelling or imposing additional conditions on the registration of the others, for reasons including breaches in “auditing and assurance standards, independence requirements, continuing professional […]