You will require this registration if you intend to operate as a registered auditor of companies and other entities. You may register either as an individual or an audit company.
Please consult the Contact Officer for more information.
A licence defines the need to obtain recognition / certification and registration to undertake a certain business activity.
To be eligible for this registration you must:
- Have the prescribed academic qualifications and have completed a prescribed course in auditing or have other qualifications and experience that ASIC considers equivalent to both these requirements;
- Meet approved competency standards and / or have practical experience in auditing;
- Provide proof of sufficient indemnity insurance;
- Be capable of performing the duties of an auditor; and
- Be a fit and proper person to be registered as an auditor.
Practical experience is work in auditing under the direction of a registered company auditor for a period of:
- At least 3000 hours (4 months) during the five years before submitting your application, including appraising the operations of companies and forming opinions on auditing standards and independence requirements; and
- At least 750 hours 1 (month) spent supervising audits of companies; or
- Practical experience that in the opinion of the ASIC is equivalent to that practical supervisory experience.
Please consult the Contact Officer for more information regarding eligibility requirements.
Ongoing registration until cancelled.
Online application: Individual - $175; Audit company - $316.
Paper application: Individual - $387; Audit company - $633.
Australian Securities and Investments Commission
Corporations Act 2001 (Australian Government)
Corporations Regulations 2001 (Australian Government)
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