Zelik Wloszczowski

Name
Zelik Wloszczowski
ID
100038962
ABN
Registration date
April 18, 2013
Status
Registered
Address
Armadale, 3143, VIC

Capacities

Firm name
Zelik Wloszczowski & Co.
Appointment type
Member (Partner) of Audit firm
Date commenced
April 18, 2013

Conditions

ID Date Condition Details
1-47624180578 April 18, 2013 Professional indemnity insurance requirements 2. The approved SMSF auditor must at all times maintain a professional indemnity insurance policy which either: (a) complies with the level set under a limitation of liability scheme provided by a professional organisation; or (b) has a minimum insured amount of $500,000 together with adequate policy terms covering civil liability claims in respect of SMSF audits.
1-47624180577 April 18, 2013 Notifications to ASIC 1. 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.
1-47624180576 April 18, 2013 Continuing professional development requirements 3. 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. 4. 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.
1-47624180575 April 18, 2013 Compliance with competency standards 5. The approved SMSF auditor must comply with any competency standards published by ASIC under section 128Q of the SIS Act.
1-47624180574 April 18, 2013 Compliance with auditing standards 8. 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.
1-47624180573 April 18, 2013 Compliance with auditing and assurance standards 7. 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.
1-47624180572 April 18, 2013 Auditor independence requirements 6. 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.
1-47624180571 Feb. 22, 2022 Additional training 11. Within 12 months of this condition being imposed, the approved SMSF auditor must successfully complete a course of study in relation to ethics (of least seven hours duration), including auditor independence requirements, provided by Chartered Accountants Australia and New Zealand or CPA Australia or a provider otherwise agreed by ASIC. 12. Within one month after completing the course the approved SMSF auditor must provide to ASIC documentation evidencing the successful completion of the course, its duration, syllabus and provider.
1-47624180570 Feb. 22, 2022 Independence threat review 10. The approved SMSF auditor must: (a) conduct and document an independence threat review of all audit engagements performed within the 12 month period from when this condition is imposed. As part of the review, for each engagement the approved SMSF auditor must determine whether any of the scenarios included in part 8 of the APESB Independence Guide (Fifth Edition, May 2020) are applicable and if so whether appropriate safeguards have been put in place. The auditor is to provide ASIC a report on the review no later than 13 months from the date this condition is imposed. The report must confirm that the auditor has performed the required review and include details of the results. The details of the results are to include the audits reviewed (the name and Australian Business Number of the funds and the relevant financial years), which scenarios applied, and the safeguards adopted. (b) provide a declaration to ASIC about whether they have complied with the APES 110 independence requirements for all SMSF audit engagements performed within 24 months of this condition being imposed. The declaration must be provided to ASIC no later than 25 months from the date this condition is imposed.
1-47624180569 Feb. 22, 2022 Audit restriction 9. The approved SMSF auditor must not audit a SMSF where a member or trustee of that fund has audited or been engaged to audit a SMSF that the approved SMSF auditor is a member or trustee of.
1-47624180568 Feb. 22, 2022 Notification of conditions to professional body 13. Within one month of these conditions being imposed, the approved SMSF auditor must: (a) provide a copy of the letter formally imposing the conditions to their professional accounting association for consideration in any future compliance monitoring activity in relation to the auditor, such as practice reviews; and (b) provide evidence to ASIC that the letter has been provided to the professional accounting association.

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