Sarah Vogler, state political editor, The Courier-Mail March 18, 2019 12:00am Subscriber only
ACCOUNTANTS who provide inaccurate information to the regulator to help keep struggling builders afloat are in the sights of the Queensland Building and Construction Commission.
QBCC Commissioner Brett Bassett has put accountants on notice as the commission enforces new minimum financial requirement laws brought in by the Queensland Government in January.
“Accountants need to be aware that if their client enters financial difficulty, we will also be looking closely at their own activities,” Mr Bassett said.
“If accountants are knowingly or unknowingly providing incorrect information, we have forensic accountants and experienced investigators who will uncover any attempt to do so, and the QBCC will be taking action.
And on this note, we have been telling them for a long time that some accountants associated with the worst builder liquidations are complicit in the massive losses suffered by subbies.
The proof of this will be made public soon.
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