COVID-19 | Reporting deadlines further extended for listed and unlisted entitiesMay 14, 2020
For entities with 30 June balance dates, in response to the challenges being, or to be, encountered by entities in meeting their financial reporting obligations due to the Coronavirus, the Australian Securities and Investments Commission (ASIC) has granted further lodgement relief – and this time, listed entities are included. ASIC has also updated its ‘no action’ position regarding Annual General Meetings (AGM).
What additional lodgement relief has been granted?
As announced by ASIC on 13 May 2020, listed and unlisted entities with balance dates up to and including 7 July 2020 that report under Chapters 2M and 7 of the Corporations Act, will have an additional one month to lodge their financial reports. This is on the premise that the statutory reporting deadline has not yet passed at the time the relevant instrument of relief is registered on the Federal Register of Legislation.
Unlisted entities with balance dates from 31 December 2019 to 7 July 2020 can take advantage of the one-month extension to lodge their financial reports, provided their normal reporting due date has not yet passed. For example, an unlisted entity with a 30 June 2020 year end would normally have to lodge its financial report, director’s report and audit report by 31 October 2020, however the new deadline is now 30 November 2020.
Listed entities with balance dates from 21 February 2020 to 7 July 2020 will have an extra month to lodge full year and half-year financial reports. Important to note is that the ASX lodgement deadline for the Appendix 4E remains unchanged (i.e. 31 August 2020 for 30 June 2020 year ends). This means that if the entity does not have audited accounts by that date, unaudited accounts will need to be lodged with the Appendix 4E.
please read the folloeing re the dates etc >>>>Reporting deadlines further extended for listed and unlisted entities
Subscribe to our newsletter
Related News
- 2022-23 Federal Budget summary March 30, 2022
- HLB Mann Judd’s Autumn 2022 Financial Times March 10, 2022
- Business leaders’ confidence bounces back, as they look to innovate at speed February 01, 2022
- IPO Watch Australia Report January 28, 2022
- who got JobKeeper payments December 07, 2021
- The Bottom Line Issue 11 by HLB Mann Judd November 01, 2021
- ASIC releases guidance on crypto-asset related investment products October 29, 2021
- third edition of NEXT from KWM October 21, 2021
- Using blockchain for sustainability and green finance October 21, 2021
- ASIC releases 2020–21 Annual Report October 15, 2021
- HLB’s quarterly newsletter September 13, 2021
- ASIC enforcement update January to June 2021 September 09, 2021
- HLB Mann Judd Client Alert – Spring 2021 August 31, 2021
- Modernisation of document execution and meetings and continuous disclosure reform August 13, 2021
- High Court offers clarity around casuals August 05, 2021
- FAR is here – what does it mean for insurers and insurance? August 04, 2021
- IPO watch mid year report July 21, 2021
- Intergenerational Report (IGR) July 01, 2021
- ASIC review of 31 December 2020 financial reports June 16, 2021
- 21-129MR ASIC highlights focus areas for 30 June 2021 financial reports under COVID-19 conditions date of release 10/6/2021 June 10, 2021
- HLB’s quarterly newsletter June 08, 2021
- 2021-2022 Federal Budget May 12, 2021
- Climate change risk disclosures and governance of the ASX50 in 2020 May 11, 2021
- ASIC quarterly update January to March 2021 May 06, 2021
- Firms offering debt management services require credit licence to operate May 05, 2021
- New SME Recovery Loan Scheme March 12, 2021
- Federal Government releases guidance to help businesses and employees better understand their rights and responsibilities in relation to the COVID-19 vaccination in the workplace March 02, 2021
- 2021 IPO Watch Report January 29, 2021
- ASIC highlights focus areas for 31 December 2020 financial reports under COVID-19 conditions December 15, 2020
- ASIC to further extend financial reporting deadlines for listed and unlisted entities and amends ‘no action’ position for AGMs November 11, 2020
- Federal Budget Report 2020-21 October 07, 2020
- Protection for bankruptcy extended September 09, 2020
- ASIC provides relief for companies planning an initial public offering August 27, 2020
- JobKeeper changes to be aware of from 3 August 2020 August 17, 2020
- IPO Watch Mid-Year Report July 24, 2020
- PCP extends platform company eligibility July 22, 2020
- PCP share facilitation company Sharetech now open for business July 22, 2020
- How to deal with COVID-19 in the reporting season July 13, 2020
- financial reporting news and insights June 30, 2020
- End of Year Tax Planning Guide – 2019/20 June 02, 2020
- COVID-19 | Reporting deadlines further extended for listed and unlisted entities May 14, 2020
- COVID-19: Signing contracts electronically just got easier for companies May 06, 2020
- ASIC reports on corporate finance regulation – July to December 2019 April 20, 2020
- JobKeeper Payment has now been legislated by Parliament April 14, 2020
- ASIC to provide additional time for unlisted entity financial reports April 09, 2020
- Coronavirus stimulus package to include jobkeeper payments March 31, 2020
- New ASIC guidelines for upcoming AGMs and financial reporting requirements in light of COVID-19 March 25, 2020
- Initial public offers: Relief for voluntary escrow arrangements and preprospectus communications February 24, 2020
- Financial Services Royal Commission Draft Legislation February 04, 2020
- 2020 IPO Watch Report January 30, 2020
- The execution challenge for a new decade January 21, 2020
- Australian Government delays implementation of Open Banking after facing practical issues with the new Consumer Data Right January 13, 2020
- ASIC reports on corporate insolvencies 2018–19 December 19, 2019
- ASIC Financial reporting focuses for 31 December 2019 December 06, 2019
- ASIC releases report on mining and exploration initial public offers December 05, 2019
- Final ASX listing rules reforms – summary of key changes November 12, 2019
- tokenized securities are the next big megatrend of the blockchain revolution November 06, 2019
- CDR privacy safeguards: OAIC guidance released November 06, 2019
- Financial Services Council releases guide to help stop elder financial abuse October 31, 2019
- Final ASX listing rules reforms October 11, 2019
- ATO celebrates 20-year milestone of regulating self-managed superannuation funds October 10, 2019
- ASIC reports on corporate finance regulation – January to June 2019 September 23, 2019
- Does your SMSF investment strategy meet diversification requirements?’ September 19, 2019
- ASIC’s Corporate Plan 2019-2023 August 28, 2019
- Government announces Hayne Royal Commission implementation timetable August 26, 2019
- Countdown to AGM August 20, 2019
- ASIC enforcement update January to June 2019 August 18, 2019
- ASIC Warns On Insider Trading In Small Cap Miners August 03, 2019
- APRA proposes stronger rules on remuneration August 01, 2019
- AASB 16 Leases – get it right as it may have a large impact on your financial reporting July 19, 2019
- FATF releases 2019 guidance on virtual assets: 9 key points and global changes July 18, 2019
- Major financial reporting changes and other focuses June 17, 2019
- ASIC issues guidance to licensees to protect against share sale fraud June 16, 2019
- ASIC consults on proposals to maintain investor protections by restricting retail offers of ‘stub-equity’ in control transactions June 04, 2019
- ASIC releases market integrity report May 31, 2019
- ASIC updates information for businesses on ICOs and crypto-assets May 30, 2019
- Succession Planning May 14, 2019
- Large proprietary company thresholds increased April 16, 2019
- Australia passes new laws regulating streaming of abhorrent violent material by ISPs and other content providers April 15, 2019
- Federal Budget Review April 03, 2019
- ‘Mind the gap’ – consumers confusing different types of financial advice March 28, 2019
- Accounting and Financial Reporting Standards update March 27, 2019
- ATO & Council of Financial Regulators report on SMSF borrowing arrangements March 22, 2019
- fourth edition of ASX Corporate Governance Council’s Principles and Recommendations officially released. February 27, 2019
- ASIC consults on updating its responsible lending guidance February 14, 2019
- Final report of the Royal Commission into Misconduct in the Banking, Superannuation and Financial Services Industry February 02, 2019
- ASIC reports on 2018 annual general meeting season January 31, 2019
- new mandatory wording requirements for service providers under the Australian Consumer Law January 30, 2019
- Protecting your PPSR Registration from Expiry January 30, 2019
- Findings from 30 June 2018 financial reports January 25, 2019
- Western Australia expands its duty base December 18, 2018
- Australian startup and young technology company funding report 2017/18 December 01, 2018
- proposed changes to the ASX Listing Rules December 01, 2018
- Plans to reduce the financial reporting burden for Australian proprietary companies. November 27, 2018
- The SEC reiterates its position on the issuance, trading and investment in digital assets November 23, 2018
- Three companies combining with a common vision of providing coordinated solutions for unlisted companies November 20, 2018