Registered Company Auditor (RCA) registration + CPD (RG 260)
RCAs must maintain ASIC registration + 120 hours CPD over 3 years.
Who must comply
Registered Company Auditors.
What triggers it
Registration as an RCA.
When due
Continuous; CPD measured on rolling 3-year basis.
Evidence required
ASIC registration; CPD log; PI insurance certificate; quality control documentation.
Max penalty
Cancellation of registration; civil + criminal penalties for misconduct (s 1289)
Summary
Sections 1280-1287 of the Corporations Act and ASIC RG 260 govern Registered Company Auditor obligations. Initial registration requires prescribed competency; ongoing registration requires 120 hours CPD over a rolling 3-year period (including specific topics), PI insurance, and adherence to APES 110 + auditing standards (ASA).
Enforced by
Source legislation
Topics
Source: https://asic.gov.au/regulatory-resources/financial-reporting-and-audit/auditors/. Rules Mate is not a law firm. Always verify against the live regulator source before acting.