Financial Reporting Council

The FRC held four meetings during 2012-13. Members' attendance is shown in the table below:

Members Number of meetings
Eligible to attend Attended Apologies
L Wood (Chairman) 4 4  
M Coleman (Deputy Chairman) 4 4  
R Barker 3 3  
R Burrows 3 3  
M Coughlin 4 3 1
A Fleming 4 4  
B Gibson 3 2 1
G Hehir 4 3 1
S Helgeby 4 3 1
N Kelleher 4 4  
M Kelsall 4 4  
V Kolesnikoff* 2 3  
I Laughlin 4 4  
K Lewis 4 4  
J Murphy 4 3 1
J Price* 0 2  
I Purchas 4 4  
K Simpkins 4 4  
K Stevenson 4 3 1
J West AM 4 3 1

*Attended meeting/meetings as an invitee

During 2012-13 a number of changes were made to the structure of the committees and taskforces and to their membership. In order to avoid undue complexity, the following sections report on membership of the committees and taskforces as at 30 June 2013. The FRC appreciates that members made a large contribution to the FRC through the Committees and taskforces and, in particular for members who moved committees and taskforces, that this contribution is not fully reflected by the following tables.

FRC Nominations Committee

The FRC Nominations Committee held three formal meetings in 2012-13, and held interviews on four days. Members of the Committee as at 30 June 2013 are: Jan West AM (Chairman), Mark Coughlin, Andrew Fleming, Stein Helgeby, Merran Kelsall, Kevin Stevenson and Lynn Wood. The Secretary is Marcus McKillop. These members' attendance is shown in the table below:

Members Number of meetings
Eligible to attend Attended Apologies
J West AM (Chairman) 7 7  
M Coughlin 7 5 2
A Fleming 0 0  
S Helgeby 0 0  
M Kelsall 7 5 2
K Stevenson 7 4 3
L Wood 7 4 3
Secretary: M McKillop 7 7  

FRC Audit Quality Committee

The Audit Quality Committee held five formal meetings in 2012-13 (including some as the Audit Quality Taskforce). Members of the Committee as at 30 June 2013 are: Michael Coleman (Chairman), Roger Burrows, Mark Coughlin, John Price, Merran Kelsall, Ian Laughlin and Lee White (non-FRC member). The Secretary is Erin Flynn. These members' attendance is shown in the table below:

Members Number of meetings
Eligible to attend Attended Apologies
M Coleman (Chairman) 5 5  
R Burrows 3 2 1
M Coughlin 5 5  
J Price 0 0  
M Kelsall 5 5  
I Laughlin 3 3  
Mr Lee White (non-FRC member) ICAA 5 2 3
Secretary E Flynn 5 5  

Public Sector Committee

The Public Sector Committee held one formal meeting in 2012-13 (as the Public Sector Taskforce). Members of the Committee as at 30 June 2013 are: Grant Hehir (Chairman), Ross Barker, Stein Helgeby, Kevin Simpkins, Kevin Stevenson and Robert Williams (non-FRC member). The Secretary is Bruce Donald. These members' attendance is shown in the following table:

Members Number of meetings
Eligible to attend Attended Apologies
G Hehir (Chairman) 1 1  
R Barker 0 0  
S Helgeby 1 1  
K Simpkins 1 1  
K Stevenson 1 1  
Mr Robert Williams (non-FRC member) — NSW Treasury 1 1  
Secretary B Donald 1 1  

Strategic Plan Committee

The Strategic Plan Committee held two formal meetings in 2012-13. Members of the Committee as at 30 June 2013 are: Lynn Wood (Chairman), Michael Coleman, Merran Kelsall, Ian Laughlin, Kevin Lewis and Kevin Stevenson. The Secretary was Bruce Paine. These members' attendance is shown in the table below:

Members Number of meetings
Eligible to attend Attended Apologies
L Wood (Chairman) 2 2  
M Coleman 2 2  
M Kelsall 2 2  
I Laughlin 2 2  
K Lewis 2 1 1
K Stevenson 2 2  
Secretary B Paine 2 2  

Integrated Reporting Taskforce

This Taskforce held four formal meetings in 2012-13. Members of the Committee as at 30 June 2013 are: Roger Burrows (Chairman), Andrew Fleming, Noelle Kelleher, Merran Kelsall, Kevin Lewis, Kevin Simpkins, Kevin Stevenson, Jan West AM, John Stanhope (non-FRC member) and Judith Fox (non-FRC member). The Secretary for most of 2012-13 was Jane Cheung. These members' attendance is shown in the following table:

Members Number of meetings
Eligible to attend Attended Apologies
R Burrows (Chairman) 1 1  
A Fleming 2 2  
N Kelleher 2 2  
M Kelsall 4 2 2
K Lewis 2 2*  
K Simpkins 4 3 1
K Stevenson 3 3  
J West AM 4 2** 2
Mr John Stanhope (non‑FRC member) — BRLF 4 3 1
Ms Judith Fox (non‑FRC member) — Chartered Secretaries Australia (CSA) 1 1 0
Secretary: B Donald 0 0  

* Chaired one meeting of the taskforce

** Chaired two meetings of the taskforce

Financial Report Taskforce

This Taskforce held two formal meetings in 2012-13. Members of the Committee as at 30 June 2013 are: Ross Barker (Chairman), Andrew Fleming, Merran Kelsall, Ian Laughlin, Ian Purchas, Kevin Stevenson, Kevin Neville (non‑FRC member) and Susan Pascoe (non-FRC member). The Secretary for most of 2012-13 was Jane Cheung. These members' attendance is shown in the table below:

Members Number of meetings
Eligible to attend Attended Apologies
R Barker (Chairman) 2 2  
A Fleming 2 0 2
M Kelsall 2 2  
I Laughlin 2 2  
I Purchas 2 2  
K Stevenson 2 2  
Mr Kevin Neville (non‑FRC member) — Moore Stephens 2 2  
Ms Susan Pascoe (non‑FRC member) — ACNC 2 2  
Secretary: B Donald 0 0  

Managing Complexity Taskforce

This Taskforce held one formal meeting in 2012-13, at which it was agreed the work of the taskforce was concluded. Attendance is shown in the following table:

Members Number of meetings
Eligible to attend Attended Apologies
M Coleman (Chairman) 1 1  
K Stevenson 1 1  
Ms Tanya Branwhite (non‑FRC member) Macquarie Bank 1 1  
Ms Judith Downes (non‑FRC member) IFRS Advisory Council 1 0 1
Secretary: J Cheung 1 1  

Board Education Taskforce

This Taskforce held one formal meeting in 2012-13 at which it was agreed that the work of the taskforce was concluded. Attendance is shown in the table below:

Members Number of meetings
Eligible to attend Attended Apologies
K Lewis (Chairman) 1 1  
A Fleming 1 1  
I Laughlin 1 1  
I Purchas 1 1  
Secretary: G Tenneti (ASX) 1 1