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Stephen Smith

Name
Stephen Smith
ID
100258508
ABN
–
Registration date
April 30, 2014
Status
Registered
Address
Jamboree Heights, 4074, QLD

Capacities

Firm name
L.A. BUSINESS SERVICES PTY. LTD.
Appointment type
Employee of Audit Firm
Date commenced
April 4, 2016

Conditions

ID Date Condition Details
1-10596526009 April 30, 2014 Compliance with competency standards The approved SMSF auditor must comply with any competency standards published by ASIC under section 128Q of the SIS Act.
1-10596526007 April 30, 2014 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.
1-10596526005 April 30, 2014 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.
1-10596526003 April 30, 2014 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.
1-10596526001 April 30, 2014 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.
1-10596519999 April 30, 2014 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.
1-10596519997 April 30, 2014 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.

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