Financial Reporting Council
The FRC held three regular meetings during 2010-11. Members' attendance is shown in the table:
| Members | Number of meetings | ||
|---|---|---|---|
| Eligible to attend | Attended | Apologies | |
| J Lucy AM (Chairman to 10/3/11) | 2 | 2 | 0 |
| L Wood (Chairman from 11/3/11) | 1 | 1 | 0 |
| B Brook | 3 | 3 | 0 |
| D Challen | 1 | 1 | 0 |
| M Coleman | 3 | 2 | 1 |
| M Coughlin | 3 | 3 | 0 |
| M Dwyer | 3 | 3 | 0 |
| J Gethin Jones | 3 | 0 | 3 |
| G Hehir | 1 | 1 | 0 |
| S Helgeby | 3 | 3 | 0 |
| N Kelleher | 3 | 3 | 0 |
| M Kelsall | 1(a) | 0(a) | 1 |
| V Kolesnikoff | 1 | 1 | 0 |
| I Laughlin | 3 | 3 | 0 |
| K Lewis | 1(b) | 1(b) | 0 |
| E Mayne | 0 | 0 | 0 |
| J Murphy | 3 | 3 | 0 |
| K Simpkins | 3 | 3 | 0 |
| J Stanhope | 3 | 1 | 2 |
| K Stevenson | 3 | 2 | 1 |
| J West AM | 3 | 3 | 0 |
| S Wilson | 2 | 2 | 0 |
| K Zimmermann | 3 | 2 | 1 |
a. Prior to her reappointment to the FRC on 14 March 2011, Ms Kelsall attended two meetings as an observer.
b. Prior to his appointment to the FRC on 14 March 2011, Mr Lewis attended two meetings as an observer.
FRC Nominations Committee
The FRC Nominations Committee held three formal meetings in 2010-11. Members' attendance is shown in the table below:
| Members | Number of meetings | ||
|---|---|---|---|
| Eligible to attend | Attended | Apologies | |
| K Zimmermann (Chairman to December 2010) | 3 | 3 | 0 |
| J West AM (Chairman from January 2011) | 3 | 3 | 0 |
| D Challen | 1 | 1 | 0 |
| M Coughlin | 3 | 3 | 0 |
| M Kelsall | 3 | 3 | 0 |
| J Lucy AM | 2 | 1 | 1 |
| E Mayne | 1 | 0 | 1 |
| K Stevenson | 3 | 3 | 0 |
| L Wood | 1 | 0 | 1 |
FRC Task Forces
As outlined in section 2 of this report, the FRC has established five Task Forces to progress a range of priority projects. Information about meetings of these Task Forces and the attendance of Task Force members at these meetings appears below. A telephone meeting of Task Force chairmen was held on 22 June 2011, as a result of the cancellation of the scheduled FRC meeting due to flight restrictions announced the day before. FRC members who participated in this meeting were: Lynn Wood (FRC Chairman), Bruce Brook, Michael Coleman, Kevin Lewis, Jim Murphy and John Stanhope. Grant Hehir was unable to participate in the meeting, but was represented by Steve Mitsas.
Audit Quality Task Force
This Task Force held no formal meetings in 2010-11. FRC Members of the Task Force are: Michael Coleman (Chairman), Noelle Kelleher, Merran Kelsall, Vas Kolesnikoff and Mark Coughlin.
Board Education Task Force
This Task Force held one formal meeting in 2010-11. FRC Members' attendance is shown in the table below:
| Members | Number of meetings | ||
|---|---|---|---|
| Eligible to attend | Attended | Apologies | |
| K Lewis (Chairman) | 1 | 1 | 0 |
| I Laughlin | 1 | 1 | 0 |
| K Zimmermann | 1 | 1 | 0 |
Integrated Reporting Task Force
This Task Force held one formal meeting in 2010-11. FRC Members' attendance is shown in the table below:
| Members | Number of meetings | ||
|---|---|---|---|
| Eligible to attend | Attended | Apologies | |
| J Stanhope (Chairman) | 1 | 1 | 0 |
| M Kelsall | 1 | 1 | 0 |
| K Simpkins | 1 | 1 | 0 |
| K Stevenson | 1 | 1 | 0 |
| J West AM | 1 | 1 | 0 |
Public Sector Task Force
This Task Force held two formal meetings in 2010-11. FRC Members' attendance is shown in the table below:
| Members | Number of meetings | ||
|---|---|---|---|
| Eligible to attend | Attended | Apologies | |
| G Hehir (Chairman) | 2 | 0 | 2(a) |
| S Helgeby | 2 | 2 | 0 |
| K Simpkins | 2 | 2 | 0 |
| K Stevenson | 2 | 2 | 0 |
| R Williams (NSW Government) | 2 | 1 | 1 |
a. Mr Hehir was represented at both meetings by Mr Steve Mitsas.
Reducing Complexity Task Force
This Task Force held one formal meeting in 2010-11. FRC Members' attendance is shown in the table below:
| Members | Number of meetings | ||
|---|---|---|---|
| Eligible to attend | Attended | Apologies | |
| B Brook (Chairman) | 1 | 1 | 0 |
| M Coleman | 1 | 0 | 1 |
| M Dwyer | 1 | 1 | 0 |
| K Stevenson | 1 | 1 | 0 |