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388 Copy of financial statements and reports

form – 388

Purpose

Use Form 388 with the annual financial report, directors’ report and auditor’s report on the financial report lodged by public, large proprietary and small proprietary foreign-controlled companies, and registered schemes. ASIC uses Form 388 as the basis for recording a company’s appointed financial report auditor.

Listed companies and listed registered schemes that are relying on ASIC Corporations (Electronic Lodgment of Financial and Sustainability reports) Instrument 2016/181 do not have to use this form. These entities can lodge their annual reports (or documents that form part of their annual reporting) electronically with the relevant market operator without lodging them separately with ASIC.

Documents to be provided

Use Form 388 to lodge the annual financial report, directors’ report and auditor’s report on the financial report with ASIC.

If an entity is also required to prepare a sustainability report for the financial year:

  • for lodgement of a standalone sustainability report and auditor’s report on the sustainability report – use Form 398 Copy of sustainability report and auditor’s report, or
  • for lodgement of an annual report which contains the annual financial report, directors’ report, sustainability report and accompanying auditor’s reports – use both Form 388 and Form 398. The annual report must be included as an attachment and lodged twice using each of these forms.

How to lodge this form

Lodge online

You can complete and lodge the form online in the relevant portal.

Auditor portal  Company officeholder portal  Registered agent portal

Lodge by email or post

If you are unable to lodge online, contact us.

Fees

 

Applicable fees

Form Fee
388A Public company or disclosing entity No fee
388B Registered Scheme No fee
388C supplementary (company) No fee
388D supplementary (registered scheme) No fee
388H Large Proprietary company that is not a disclosing entity No fee
388I Small proprietary company that is controlled by a foreign company No fee
388J Small proprietary company or small public company limited by guarantee that is requested by ASIC to prepare and lodge statements and reports No fee
388K Trust (disclosing entity) {DE1}
388L Tier 2 public company limited by guarantee No fee

Late fees

  • {Late01} for up to one month late.
  • {Late02} for over one month late.

Lodging period

  • Disclosing entities and registered schemes - 3 months after the end of financial year.
  • All other entities required to lodge statements and reports - 4 months after the end of financial year. Small proprietary companies and small public companies limited by guarantee can be directed to report to ASIC under s294 and s294B respectively, the lodgement period will be included in the direction.
  • Reports amended after lodgement with ASIC - 14 days after amendment.

Payment information

Related information

Legislative references

  • Section 294 of the Corporations Act 2001
  • Section 294B of the Corporations Act 2001
  • Section 295 of the Corporations Act 2001
  • Section 298-301 of the Corporations Act 2001
  • Section 307 of the Corporations Act 2001
  • Section 308 of the Corporations Act 2001
  • Section 319 of the Corporations Act 2001
  • Section 321 of the Corporations Act 2001
  • Section 322 of the Corporations Act 2001
  • Regulation 1.0.08 of the Corporations Regulations 2001
  • Regulation 2M.3.01 of the Corporations Regulations 2001
  • Regulation 2M.3.03 of the Corporations Regulations 2001

Related forms

Further information