The Albanese Government has appointed Mr Howard Insall SC as the part‑time Chairperson of the Companies Auditors Disciplinary Board (CADB) for a three‑year period.
This appointment follows the retirement of Ms Maria McCrossin who has served on the CADB since August 2013 and was appointed Chairperson in December 2015.
The Government has extended to Ms McCrossin its appreciation for her dedicated service to the CABD, the profession and the financial reporting system.
The CADB is an independent disciplinary body established by Part 11 of the Australian Securities and Investments Commission Act 2001 (ASIC Act).
CADB receives and reviews applications made to it by the Australian Securities and Investments Commission and the Australian Prudential Regulation Authority in respect of registered company auditors under the Corporations Act 2001.
Mr Insall’s appointment recognises his previous experience in the role and his experience in the field of corporations and trust law. He has been involved in a number of the leading cases involving auditors and auditor’s duties, and also some of Australia’s largest commercial disputes. Other areas of practice include insolvency law, property law, and superannuation. He is a Senior Counsel at the New South Wales bar and has over 40 years’ experience.
This appointment will continue to ensure the CADB fosters confidence in auditor conduct and the integrity of our financial reporting system.
