ASIC announces financial reporting and audit focus areas for FY 2025-26

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ASIC has published its financial reporting and audit focus areas for the 2025-26 financial year and highlighted the progress of its ongoing financial reporting and audit surveillance programs. ‘These surveillance

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ASIC issues sustainability reporting regulatory guide

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ASIC has published a regulatory guide on sustainability reporting following an extensive public consultation with stakeholders. Regulatory Guide 280 Sustainability reporting (RG 280) provides guidance for entities that are required to prepare

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ASIC seeks feedback on proposed guidance on sustainability reporting regime

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ASIC has released a draft regulatory guide on the sustainability reporting regime for consultation with stakeholders. From 1 January 2025, many large Australian businesses and financial institutions will need to

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ASIC releases FY 2023–24 financial reporting and audit report and launches auditor independence surveillance

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ASIC has released findings from its financial reporting and audit surveillance for the 12 months to 30 June 2024, and announced a proactive surveillance focused on auditors’ compliance with independence

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ESG ratings often mislead consumers, greenwashing clampdown has further to go

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ASIC’s recent report on its interventions against greenwashing misconduct for the 2023–2024 period (REP 791)[1] understates the need for improvement on ESG ratings, which often mislead consumers regarding the measurement

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New Commissioners commence at ASIC

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ASIC Chair Joe Longo has welcomed the commencement of new Commissioners Simone Constant and Alan Kirkland, who began their five-year terms yesterday. In August the Treasurer announced the appointment of

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