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ASIC disqualifies SMSF auditor

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Your Investment Property | 15 Jul 2015, 06:07 AM Agree 0
A referral from the Australian Taxation Office has resulted in the disqualification of a Sydney-based SMSF auditor
  • Robert Lopez CPA | 15 Jul 2015, 04:27 PM Agree 0
    As an SMSF auditor there is much discussion among more than a few of us in online forums about so-called low cost auditors of choice. We do not think there are too many of them out there but they run very profitable businesses because even though they only charge $300 or so for an audit, they do minimal checking and pretty much ignore the rules. ASIC and the ATO need to weed these people out of the profession, hopefully this latest action is a genuine start.
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