Following a recent review, ASIC said that 36 SMSF auditor registrations have been cancelled and conditions have been imposed on a further six SMSF auditors.
Read more at Accountants Daily.
ASIC swoops on auditors over experience requirements
A total of 42 SMSF auditors have now had their registrations either cancelled or had conditions imposed due to their failure in maintaining an appropriate level of audit experience.
