Financial reporting and audit
This section contains information about the financial reporting and auditing requirements under the Corporations Act 2001 (Corporations Act).
ASIC regulates compliance with the financial reporting and auditing requirements for entities subject to the Corporations Act and provides relief from those requirements in certain circumstances. Our active monitoring of entities’ compliance with these requirements contributes directly to market integrity and investor confidence. It seeks to ensure that the financial reports and audit opinions issued are relevant and reliable, and help users make better informed decisions in the marketplace.
The information on financial reporting and audit in these pages is summarised and does not cover all aspects of the reporting and audit requirements under the Corporations Act. You should also refer to relevant legislation, standards, class orders and regulatory guides.
This information does not represent legal or other professional advice. We encourage you to seek your own professional advice to find out how the Corporations Act and other relevant laws may apply to you and your particular circumstances.
Examples in this section are purely for illustration; they are not exhaustive and are not intended to impose or imply particular rules or requirements.
Frequently asked questions
Read our:
- financial reporting and audit FAQs that relate to current matters affecting financial reports and audits
- COVID-19 FAQs on financial reporting and audit matters relating to the impact of the COVID-19 pandemic (these FAQs were last updated on 14 December 2021).
We will update the FAQs as needed, in response to emerging issues and changing circumstances.