September 30, 2016 BY Valentina Kirilova

ASIC remakes instruments that affect financial reporting

Following public consultation, ASIC has remade three legislative instruments that affect financial reporting by companies. The relief is set out in the following new legislative instruments: ASIC Corporations (Audit Relief) Instrument 2016/784 (replaces Class Order 98/1417) ASIC Corporations (Wholly owned Companies) Instrument 2016/785 (replaces Class Order 98/1418) ASIC Corporations (Qualified Accountant) Instrument 2016/786 (replaces Class…

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