close
Share with your friends

13RU-002 Operating and financial review disclosures in directors' report

13RU-002 Operating and financial review disclosures

This Reporting Update overviews ASIC’s Regulatory Guide 247 on the preparation of a financial review by listed entities under s299A of the Corps Act.

1000

Also on home.kpmg

Key insights

  • ASIC has issued final guidance on preparing operating and financial reviews by listed entities.
  • Principles based guidance to improve the effectiveness of OFRs.
  • Guidance on how to apply the unreasonable prejudice exemption from disclosing strategies and prospects.
  • ASIC does not expect OFRs to contain same level of information as a prospectus.
  • Applies for 30 June 2013.

 

©2021 KPMG, an Australian partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are trademarks used under license by the independent member firms of the KPMG global organisation.

Liability limited by a scheme approved under Professional Standards Legislation.


For more detail about the structure of the KPMG global organisation please visit https://home.kpmg/governance.

Connect with us

 

Want to do business with KPMG?

 

loading image Request for proposal