David Abbott

Name
David Abbott
ID
100262780
ABN
Registration date
Feb. 25, 2016
Status
Registered
Address
Ballarat Central, 3350, VIC

Capacities

Appointment type
Individual Auditor
Date commenced
Feb. 25, 2016

Conditions

ID Date Condition Details
1-19836730512 Feb. 25, 2016 Compliance with competency standards The approved SMSF auditor must comply with any competency standards published by ASIC under section 128Q of the SIS Act.
1-19836730511 Feb. 25, 2016 Compliance with auditing and assurance standards The approved SMSF auditor must document, maintain and comply with auditing and assurance standards made by the Auditing and Assurance Standards Board under section 227B of the Australian Securities and Investments Commission Act 2001 that are applicable to the duties of an SMSF Auditor.
1-19836730480 Feb. 25, 2016 Auditor independence requirements The approved SMSF auditor must comply with auditor independence requirements produced by the Accounting Professional and Ethical Standards Board Limited set out in the APES 110 Code of Ethics for Professional Accountants.
1-19836730479 Feb. 25, 2016 Continuing professional development requirements The approved SMSF auditor must complete at least 120 hours of continuing professional development (CPD) training every three years, which must include 30 hours of training on superannuation of which at least 8 hours of training is about auditing of SMSFs. The approved SMSF auditor must keep a written record of their participation in CPD activities, which must be kept for at least three years after the end of the calendar year in which the activity took place.
1-19836730478 Feb. 25, 2016 Professional indemnity insurance requirements The approved SMSF auditor must at all times maintain a professional indemnity insurance policy which either: i) complies with the level set under a limitation of liability scheme provided by a professional organisation; or ii) has a minimum insured amount of $500,000 together with adequate policy terms covering civil liability claims in respect of SMSF audits.
1-19836730477 Feb. 25, 2016 Compliance with auditing standards The approved SMSF auditor must document, maintain and comply with auditing standards made by the Auditing and Assurance Standards Board under section 336 of the Corporations Act 2001 that are applicable to the duties of an SMSF Auditor.
1-19836730476 Feb. 25, 2016 Notifications to ASIC The approved SMSF auditor must notify ASIC of any change in those matters which are required to be notified under section 128H of the SIS Act.

Location