ASIC focus areas for 30 June 2025

The focus areas continue to centre on areas requiring significant judgement, including revenue recognition, asset valuation and provisions, as outlined by Kim Heng and Julie Locke.

The Australian Securities and Investments Commission (ASIC) has highlighted its focus areas for 30 June 2025 financial reports as part of its integrated financial reporting and audit surveillance program for FY 2025-26. The integrated program covers both financial reporting and audit quality and for the first time ASIC provided some early signalling in respect of sustainability. ASIC continues to split the areas of focus into two separate components: enduring focus areas: apply to all re...

Sign in below or register now to read the full article

Authors: Kim Heng, Julie Locke

Published Date: 28 May 2025