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Australian Securities & Investments CommissionElectronic LodgementDocument No. 7EBX90761 Lodgement date/time: 31102022 14:13:48 Reference Id: 173063520Form 388 Corporations Act 2001 294, 295, 298300,

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How to fill out asic corporations extended reporting

01

Log in to the ASIC Connect website using your credentials

02

Select the 'Lodgments & Notifications' tab

03

Choose 'Submit a form'

04

Select the form '316 - Notification of change to details'

05

Fill out the required fields regarding the extended reporting for your corporation

06

Review the information entered for accuracy

07

Submit the form electronically and make the necessary payment

Who needs asic corporations extended reporting?

01

Corporations registered with ASIC that are required to provide extended reporting as per the regulations

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What is ASIC corporations extended reporting?

ASIC corporations extended reporting refers to an additional reporting requirement imposed by the Australian Securities and Investments Commission (ASIC) that mandates certain companies to disclose more detailed financial and operational information beyond standard reporting.

Who is required to file ASIC corporations extended reporting?

Typically, large proprietary companies and public companies are required to file ASIC corporations extended reporting, particularly if they meet specific financial thresholds or are subject to certain regulations.

How to fill out ASIC corporations extended reporting?

To fill out ASIC corporations extended reporting, organizations must gather relevant financial data, complete the required forms accurately, ensure all necessary disclosures are included, and submit the report electronically through the ASIC website.

What is the purpose of ASIC corporations extended reporting?

The purpose of ASIC corporations extended reporting is to enhance transparency and accountability of companies, providing stakeholders with more comprehensive insights into the company's financial health and business operations.

What information must be reported on ASIC corporations extended reporting?

Information that must be reported includes detailed financial statements, cash flow statements, directors' reports, auditor's reports, and any other disclosures required under Australian corporate law.

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