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Restoring confidence in credit ratings
In November last year, Minister for Superannuation and Corporate Law, Nick Sherry, announced significant reforms to the regulation of credit rating agencies (CRAs) in Australia. This followed a review conducted by the Australian Securities and Investments Comm...
Disclosing your financial position
In the current environment, the market’s attention is very much focused on the financial position of companies. As a director you often need to make difficult judgement calls when finalising accounts and making announcements about the results.
At ASIC, we are very...
Bolstering audit committees
Audit committees are an important element in a corporate governance framework. This importance has been recognised in many jurisdictions across the world, including Australia. The Australian Securities and Investments Commission (ASIC), together with the accounting bodie...