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