Friday 11 September 2026

Meeting Date
Friday 11th of September 2026
Meeting Time
09:30 – 16:00
Meeting Location
Sydney NSW
Meeting Details

Members and guests of the Financial Reporting Council (FRC) may attend the meeting in person or through Microsoft Teams. Members of the public may attend the meeting through Microsoft Teams by registration only. Members of the public should register their interest in attending the public sessions at least 24 hours before the meeting by emailing secretariat@frc.gov.au detailing their:

  • name
  • affiliation
  • contact details.

Please note, FRC meetings may be recorded. This is a short notice meeting.

Download the agenda [PDF 340 KB]
Download the agenda [DOCX 142 KB]

ItemReport byStart time
  1. Introduction and acknowledgement of country
    1. Attendees and apologies
    2. Declarations of interests
    3. Action items
Chair09:30
10 min
  1. Environmental scan
    1. Member reflections
    2. Regulatory and policy developments

For noting/discussion – members to share their views and raise matters of relevance to corporate reporting during this session.

Members09:40
30 min
  1. Oversight of Australian accounting, auditing and sustainability standards per ASIC Act s 225(1) to (2A)

For noting/discussion – standing update from AASB and AUASB representatives on recent developments and work of the boards in standard‑setting, including on sustainability matters.

  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 auditing and assurance update
AASB and AUASB10:10
1 hr
Morning tea 11:10
20 min
  1. Nominations Committee update per ASIC Act s 225(2)(a) and s 225(2A)(a)

For noting – public update on the FRC Nominations Committee following recent structural changes, and an outline of broad appointments matters.

Nominations Committee Chair11:30
20 min
  1. Monitoring and influencing international developments per ASIC Act s 225(1A) and s 225(2C)(f)
  1. XRB Update, with guest, Wendy Venter, CEO

For noting/discussion – update from the New Zealand External Reporting Board on ongoing and future work across the oversight board (XRB) and the technical standard‑setting boards for accounting, auditing and assurance, and sustainability.

  1. International developments

For noting/discussion – members to discuss recent international developments in standard‑setting.

XRB

Members

11:50
30 min
  1. Public sector issues per ASIC Act s 225(1A)

For noting/discussion – members to receive a briefing from the AASB Public Sector Lead, introducing standard‑setting issues impacting the public sector, the Tasmanian Auditor General, Martin Thompson, will provide an update from the Australasian Council of Auditors‑General (ACAG).

AASB Staff

Tasmanian Auditor General

12:20
40 min
Lunch / public session close 13:00
45 min
tag
Notices of Meeting