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Form FS71. Description. Auditors Report for AFS Licensee. Purpose. Lodged with FS70.
Form FS70. Description. Australian financial services licensee profit and loss statement and balance sheet. Purpose. AFS licensees are required to lodge an FS70 (profit and loss statement and balance sheet) and FS71 (audit report) or FS76 (annual compliance certificate) for each financial year.
The FS71 is essentially a review of your FS70 performed by an auditor. This form is completed by an independent auditor but must be lodged by you, the AFS licensee.
On 1 July 2022, ASIC updated Form FS70 Australian financial services licensee profit and loss statement and balance sheet to give effect to the new financial reporting requirements applying from 1 July 2021. The key developments are: Requiring all AFS licensees to prepare general purpose financial statements (GPFS)
You can lodge your annual accounts and audit report online via our Licensees portal. You should complete, sign and retain your signed original form FS70 , FS71 and/or FS76 for your records. The licensee downloads and prints out copies of the forms FS70 and FS71. The FS76 can only be completed online.
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You can lodge your annual accounts and audit report online via our Licensees portal. You should complete, sign and retain your signed original form FS70 , FS71 and/or FS76 for your records. The licensee downloads and prints out copies of the forms FS70 and FS71. The FS76 can only be completed online.
The FS71 is essentially a review of your FS70 performed by an auditor. This form is completed by an independent auditor but must be lodged by you, the AFS licensee.
Issued 6 July 2022. This guide sets out the financial requirements you must meet as the holder of an Australian financial services (AFS) licence. The requirements vary depending on the financial products and services you offer.
You can lodge your annual accounts and audit report online via our Licensees portal. You should complete, sign and retain your signed original form FS70 , FS71 and/or FS76 for your records. The licensee downloads and prints out copies of the forms FS70 and FS71. The FS76 can only be completed online.
You can lodge your annual accounts and audit report online via our Licensees portal. You should complete, sign and retain your signed original form FS70 , FS71 and/or FS76 for your records. The licensee downloads and prints out copies of the forms FS70 and FS71. The FS76 can only be completed online.

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