Heads Up — ASIC’s focus areas for June year ends

Published on: 11 Jul 2013

The Australian Securities and Investments Commission (ASIC) has released its findings from its review of 31 December 2012 financial reports and announced its areas of focus for 30 June 2013.

ASIC have continued to highlight the importance of reporting performance, including addressing the impact of new accounting standard requirements and focus on asset values in light of the current economic climate. Directors should focus on disclosures of useful and meaningful information for investors and other users.

This Accounting alert (Heads up) from Deloitte (Australia) provides an overview of these developments.


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