
New ASIC levies for accounting professionals cop backlash
ASIC’s release of indicative levies as part of its industry funding model, which is up to $2500 annually in some cases, has had industry pushback as costs to liquidators and auditors are expected to be passed on to clients.

Late last week, the corporate regulator published indicative levies based on its budgeted regulatory costs outlined in ASIC’s draft Cost Recovery Implementation Statement (CRIS).
Read the full article on Accountants Daily.