Thursday 19 September 2024

Meeting Date
Thursday 19th of September 2024
Meeting Time
09:30 – 16:00
Meeting Location
Level 16, 530 Collins Street, Melbourne VIC 3000, Australia
Meeting Details

Members of the public are advised that members of the Financial Reporting Council (FRC) will attend the meeting in person or via a Microsoft Teams videoconference. Members of the public may attend the meeting via Microsoft Teams although public attendance is via registration only. Members of the public should register their interest in attending the public sessions no later than 24 hours in advance of the meeting by emailing secretariat@frc.gov.au detailing:

  • Name
  • Affiliation
  • Contact details

Registered attendees will be emailed Microsoft Teams meeting details by 16 September 2024.

Download the meeting pack [PDF 1.1MB]

Item

Report by

Time

PUBLIC SESSION

1. Introduction

   09:30
  1. Acknowledgement of country
  2. Attendees and apologies
  3. Declarations of interest
  4. New FRC appointments
 Chair  

2. Matters for noting/action

   09:35
  1. Minutes of previous meeting – 25 June 2024
  2. Action items
 Chair
Chair/Secretariat		  

3. Environmental scan

   09:45
  1. Member reflections
  2. Stakeholder reports
 All
Secretariat		  

4. Oversight of Australian Standards (Accounting and Auditing) per ASIC Act s 225(1) to (2A)

   10:15
  1. Australian Accounting Standards Board
    1. Financial reporting update
    2. Sustainability reporting update
  2. Auditing and Assurance Standards Board
    1. Financial auditing and assurance update
    2. Sustainability assurance update
 Keith Kendall


Doug Niven		  

Morning tea

   11:00

5. Monitoring and influencing international developments per ASIC Act s 225(2)(e) to (2)(f) and s 225(2A)(f) to (2A)(g)

   11:15
  1. XRB Update
  2. International developments (including recent media releases)
 April Mackenzie
FRC		  

6. Public Sector Advisory Group per ASIC Act s 225(2)(g), (2)(h)(i) and s 225(2A)(g) and (2A)(h)(i)

 Amy Fox 11:45

7. Professional development pathways

 Andrew Conway
Prof Philomena Leung  
(Institute of Public Accountants)		 12:00

Lunch

   12:30

8. Other business

   13:30
  1. Nominations Committee [per s 225(2)(a) and s 225(2A)(a)]
  2. Correspondence received and sent
  3. Key action items summary
 Rachel Grimes
Chair
Secretariat		  

9. Next meeting

Chair 13:45
4 December 2024 – Sydney    

PRIVATE SESSION

10. Matters for private session

   13:55

Meeting close

   16:00
tag
Notices of Meeting