Times of change: ASIC update for the accounting profession

A speech by John Price, Commissioner, Australian Securities and Investments Commission at the 2016 Institute of Public Accountants NSW & ACT Conference (Sydney, Australia), 1 December 2016

Good morning, and thank you to the Institute of Public Accountants (IPA) for the opportunity to present to you again today. You may recall that I spoke to you earlier this year at the IPA Public Practice symposium. In my presentation today, I want to update you on many of the same topics that I covered in my previous presentation. There is a lot of work happening in the accountants’ sphere that is of relevance, and hopefully interest, to you.

Today’s presentation will cover:

  • what ASIC is doing to help small business
  • an update on ASIC’s role in self-managed superannuation fund (SMSF) matters – for example, SMSF auditor registration and the regulatory landscape post the 1 July 2016 reforms for any practitioner who provides advice about self-managed super
  • how we work with other regulators, providing an update on our work with the Australian Taxation Office (ATO) and an update to our joint strategic priorities.

Read the full speech (PDF 164KB)

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Last updated: 16/12/2016 09:16