FRC: Financial Reporting Council
The FRC is responsible for providing broad oversight of the process for setting accounting and auditing standards as well as monitoring the effectiveness of auditor independence requirements in Australia and giving the Minister reports and advice on these matters.
Upcoming FRC events
- FRC Meeting - Wednesday, 3 March 2010, in Melbourne.
- 2010 Ken Spencer Memorial Lecture - Tuesday, 2 March 2010: Venue – KPMG Lecture Theatre, 147 Collins Street, Melbourne; Time: 6.00 pm for 6.15 pm.
More about the FRC …What's New?
January 2010
- The 2010 Ken Spencer Memorial Lecture - 2 March 2010 in Melbourne
December 2009
- During November 2009, the Group of 100 (G100) has presented a paper 'Less is More' to the IASB outlining principles the G100 believes should be applied by standard-setters when developing disclosure requirements in accounting standards. The paper can be viewed on the G100's website
- Bulletin 2009/08 – The FRC held its final meeting for 2009 in Melbourne on 1 December.
- Media Release 2009/01 – Government and the AASB reducing the reporting burden for Australian entities