As you prepare for the 30 June 2023 reporting season, it is important to keep in mind the position of the regulators and their areas of focus, as this helps to inform you of the higher risk areas that will require your attention in preparing your financial reports this year-end.  Not only has ASIC released their focus areas media release for 30 June 2023 year-ends, but over the last 12 months, both ASIC and the ACNC have been active in their enforcement activities which require careful consideration.