Article Posted date 05 October 2023

Reporting Update 23RU-12

New instrument (AI 2023/673) – no change

ASIC has repealed Class Order 13/1050 and replaced it with ASIC Corporations (Financial Reporting by Stapled entities) Instrument 2023/673 (AI 2023/673).

The new instrument provides relief to allow stapled entities in a stapled group to present their respective financial statements together in a single report – for example, in adjacent columns. AI 2023/673 is effective from 23 September 2023.

Download the report

Further details can be found in the PDF version of the Reporting Update.

23RU-12 – Financial reporting by stapled entitles

New instrument – no change

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Julie Locke blog posts
Julie Locke
Director, Department of Professional Practice
KPMG Australia
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