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Hot Topic Long reads
Australia
1 mins to read

ASIC issues first penalty for an auditor failing to rotate

Rules to promote independence of auditors were introduced 20 years ago.

Dan Purves Fri, 05 Apr 2024

For the first time, the Australian Securities and Investment Commission (ASIC) has issued a penalty against an auditor for an alleged failure to keep independent.

Nicholas Benbow, the director of William Buck Audit in Victoria, paid $20,625 to comply with three infringement notices issued by

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Dan Purves Fri, 05 Apr 2024
Contact the Writer: dpurves@nbr.co.nz
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