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Rotation of Auditor Requirements for Registered Organisations
To assist registered organisations and registered auditors understand the legal requirements regarding the rotation of an auditor, the Registered Organisations Commission (ROC) has released a new factsheet.
The Morrison Government has announced that it is providing an immediate $100 million funding injection to more than 300 charities and community organisations to support Australians as a result of the coronavirus economic downturn.
As a result of the ongoing COVID-19 pandemic, ASIC has recently announced that it will extend the deadline for unlisted entities to lodge financial reports under Chapters 2M and 7 of the Corporations Act 2001 (the Act) by one month for balance dates from 31 December 2019 to 31 March 2020.