Regulatory Guide 230 Disclosing non-IFRS financial information

The Australian Securities and Investments Commission (ASIC) released Regulatory Guide 230 Disclosing non-IFRS financial information (the guide) in December 2011 which is a guide for directors and preparers of financial information on presenting non-IFRS financial information.

ASIC acknowledges that in some cases non-IFRS financial information can be useful for investors and other users, but also recognises that such information can be misleading. Hence RG 230 provides guidance on when it is and is not appropriate to use non-IFRS financial information in: