The Committee has ceased. The FRC currently monitors public sector financial reporting and audit matters through its Public Sector Advisory Group.

In January 2013 the FRC made a submission, based on work undertaken by the Committee, to Monitoring Group Roundtable on the governance of public sector accounting standards.

In July 2012 the Committee assisted the FRC make a submission to the Public Consultation on the Monitoring Group Review and Public Interest Oversight Board Work Program.

In June 2011 the Committee assisted the FRC make a submission to the International Federation of Accountants (IFAC) Consultation Paper "Proposals for the Oversight of the International Public Sector Accounting Standards Board (IPSASB)".

The Committee has also produced a series of papers designed to promote Australia's high quality system of public sector financial reporting, and high quality public sector financial reporting in general: