Preparers of financial reports

Financial reporting for companies, registered schemes and disclosing entities in Australia is governed by the Corporations Act 2001 (Corporations Act).

Financial reports which have been prepared in accordance with the law help maintain and promote confidence and integrity in Australia’s capital markets.

ASIC runs a financial reporting surveillance program with the aim of improving the quality of financial reporting. We regularly review the annual and interim financial reports of selected listed companies and other significant public interest entities to monitor compliance with the Corporations Act and Australian Accounting Standards. We also review financial reports based on complaints, other intelligence and through our audit inspection program.

What's new

See latest financial reporting releases

Financial reporting requirements

Applicable legislation, professional standards and regulatory guides

Directors and financial reporting

Explains the financial reporting responsibilities of a director

Frequently asked questions about financial reporting

Common questions asked by preparers of financial reports

Relief from financial reporting requirements

Overview of relief and conditions for relief to be granted

Financial reporting surveillance program

Overview of ASIC's surveillance program

Digital financial reports

Simplified business-to-government reporting

Financial reporting and audit overview

What's new

More releases on financial reporting and audit

Last updated: 20/10/2014 12:00