The Australian Securities & Investments Commission (ASIC) announced that Melbourne SMSF auditor Kristian John Convery has been charged with continuing to act as an SMSF auditor while permanently disqualified under the Superannuation Industry (Supervision) Act. Mr Convery was permanently disqualified by ASIC with effect from 15 May 2024. ASIC alleges that between June 2024 and January 2025 he acted as an SMSF auditor for four tax agents and 56 entities despite knowing he was disqualified, and that between July 2024 and January 2025 he created false documents, including a letter and 47 SMSF audit reports, to be accepted as genuine by other parties or to obtain a gain. The matter first appeared in the Melbourne Magistrates Court and is listed for further mention on 4 March 2026. The Office of the Director of Public Prosecutions (Cth) is prosecuting the matter following an ASIC referral, with maximum penalties cited of up to 10 years’ imprisonment for making a false document intended to be accepted as genuine, seven years for falsifying documents to obtain a gain, and two years for knowingly acting as an auditor while disqualified under section 130F of the SIS Act.
Australian Securities & Investments Commission 2025-11-26
Australian Securities & Investments Commission investigation leads to charges against banned SMSF auditor for acting while disqualified and falsifying 47 audit reports
ASIC has charged Melbourne SMSF auditor Kristian John Convery for auditing while permanently disqualified under the Superannuation Industry (Supervision) Act. Between June 2024 and January 2025, Convery allegedly audited for four tax agents and 56 entities, creating false documents. The case is prosecuted by the Office of the Director of Public Prosecutions (Cth) with potential penalties of up to 10 years’ imprisonment.