’A heck of a rise’: IPA questions revised SMSF auditor fee

’A heck of a rise’: IPA questions revised SMSF auditor fee

Yesterday, the government released draft legislation on the introduction of ASIC fees-for-service, the second phase of the ASIC industry funding model.Under the new fees-for-service regime, fees for activities such as processing a licence application will be revised...
Working for a cause

Working for a cause

Starting a not-for-profit (NFP) organisation often stems from a desire to make an impact in a community on an issue that an individual or group of people believe is not adequately addressed by the government or existing NFPs. Many business owners with charitable...
Two SMSF auditors disqualified by ASIC

Two SMSF auditors disqualified by ASIC

South Australian John Tretola has been disqualified from being an approved SMSF auditor after ASIC found that he had breached independence requirements by auditing his own fund and a fund where he was a trustee. Mr Tretola was also found to have failed to identify and...
Win for tax agents in public stoush with commissioner

Win for tax agents in public stoush with commissioner

At the Institute of Public Accountants (IPA) National Congress on the Gold Coast last year, Mr Jordan said over 900 audits showed tax agents were contributing to Australia’s individual tax gap through “carelessness, miscalculation and simple mistakes”.More recently,...