The Financial Reporting Council (FRC) today announced appointments as members of the Australian Accounting Standards Board (AASB) and the Auditing and Assurance Standards Board (AUASB). Appointments to the AASB for 2014 include:

• Ms Regina Fikkers, Accounting Consulting Services Leader, PricewaterhouseCoopers;
• Mr Steve Mitsas, Director, Financial Reporting, Victorian Department of Treasury and Finance;
• Ms Taryn Rulton, Chief Financial Officer, Ambulance Victoria;
• Mr Marc Smit, Head of Accounting Policy, National Australia Bank; and
• Professor Ann Tarca, Head of Discipline, Accounting and Finance, The University of Western Australia.

Appointments to the AUASB for 2014 include:

• Mr Neil Cherry, Chair, New Zealand Auditing and Assurance Standards Board (NZAuASB) (re-appointment);
• Mr John Gavens, Partner, Audit and Assurance, Crowe Horwath (re-appointment);
• Ms Robin Low, non-executive director; and
• Caithlin McCabe, Partner, National Quality and Risk, Deloitte Touche Tohmatsu.

All appointments are on a part-time basis commencing from 1 January 2014 or 1 July 2014 with terms between 18 months and 3 years.

Media inquiries:

Name:

Bruce Donald

Title:

FRC Secretary

Tel:

+61 2 6263 3144

Email:

frcsecretary@treasury.gov.au

About the FRC

The Financial Reporting Council (FRC) is the peak body responsible for overseeing the effectiveness of the financial reporting framework in Australia. Its key functions include the oversight of the accounting and auditing standards setting processes for the public and private sectors, providing strategic advice in relation to the quality of audits conducted by Australian auditors, and advising the Minister on these and related matters to the extent that they affect the financial reporting framework in Australia. The FRC monitors the development of international accounting and auditing standards, works to promote the development of a single set of accounting and auditing standards for worldwide use and promotes the adoption of these standards. It is a statutory body under Part 12 of the Australian Securities and Investments Commission Act 2001.