AICD Advocacy

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Emergency continuous disclosure relief - what directors need to know

23 September 2020 | Sally Linwood GAICD

The Government has announced temporary amendments to the Corporations Act to provide that companies and officers will only be liable for continuous disclosure breaches if there has been knowledge, rec...

Release of ALRC final report on Australia’s corporate criminal responsibility regime

2 September 2020

The Attorney-General has tabled the Australian Law Reform Commission (ALRC) final report on Australia’s corporate criminal responsibility regime. The AICD welcomes the ALRC’s comprehensive repor...

ASIC releases urgent reporting update in response to Victorian COVID-19 restrictions

12 August 2020

The Australian Securities and Investments Commission (ASIC) has updated their FAQS on the implications of COVID-19 for financial reporting and audit to provide guidance on the impact of restrictions i...

NSW toughens WHS laws in line with Boland Review

23 July 2020

Amendments to the Work Health and Safety Act 2011 (Act) were recently passed by the NSW Parliament enacting a package of changes to NSW WHS laws.

Impacts of COVID-19 on annual report disclosures: A guide for directors, preparers and auditors

10 July 2020

The AICD along with professional accounting bodies, Chartered Accountants Australia & New Zealand and CPA Australia, have jointly written a new guide covering the unique proble...

Governance impact of COVID-19: An NFP perspective

16 June 2020 | Christie McGrath

Our member survey shows that directors of NFPs are experiencing distinct pressures through COVID-19 and has underlined the need for support tailored to the sector. At the top of the list, NFP director...

The governance impact of COVID-19: AICD member survey

11 June 2020

The COVID-19 crisis has had a profound impact on the Australian economy and society. See how the AICD’s members have responded and what policies they would like to see to support recovery.

COVID-19: Government eases continuous disclosure rules for six months

26 May 2020

The Federal Government is easing continuous disclosure rules for six months to help listed entities deal with the uncertainty cause by COVID-19.

Litigation funders to be subject to greater regulatory oversight

22 May 2020

The Federal Government has announced that litigation funders will need to hold a financial services licence and comply with the managed investment scheme regulatory regime.

COVID-19: Accounting bodies publish important guidance on Going Concern

22 May 2020 | David McElrea

The Australian Accounting Standards Board (AASB) and the Auditing and Assurance Board (AUASB) have published a joint guidance on assessing going concern and solvency declarations entitled “The I...

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