Thursday 26 March 2026

Meeting Date
Thursday 26th of March 2026
Meeting Time
11:30 – 16:30
Meeting Location
Sydney, NSW
Meeting Details

Financial Reporting Council (FRC) members will attend this meeting in person or via Microsoft Teams. Members of the public may attend the public session of the meeting on Teams by registering their interest at least 24 hours before the meeting. Please email secretariat@frc.gov.au with your:

  • Name
  • Affiliation
  • Contact details

Download the meeting agenda [PDF 226 KB]
Download the meeting agenda [DOCX 148 KB]

ItemReport byTime
Morning tea 11:00
PRIVATE SESSION
Matters for private session 11:30 – 12:30
PUBLIC SESSION
1. Introduction 13:00
  1. Acknowledgement of country
  2. Attendees and apologies
  3. Declarations of interest
Chair 
2. Environmental scan 13:05
  1. Members reflections
All 
3. Monitoring and influencing international developments
per ASIC Act s 225(2)(e) to (2)(f) and s 225(2A)(f) to (2A)(g)		 13:15
  1. XRB update
  2. International and regulatory developments 
XRB Chair
All		 
Lunch 13:30
4. Update on integrity in the accounting and audit profession
including member Q&A		CA ANZ14:20
5. Oversight of Australian Standards (Accounting and Auditing)
per ASIC Act s 225(1) to (2A)		 15:00
  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 Chair


AUASB Chair		 
6. Public Sector Advisory Group update
per ASIC Act s 225(2)(g), (2)(h)(i) and s 225(2A)(g), (2A)(h)(i)		PSAG Chair15:45
7. Auditor Review Working Group updateChair16:00
8. Other business  16:15
  1. International funding 
  2. Correspondence received and sent
  3. Key action items summary
Chair
Secretariat		 
Next meeting: 3 June 2026 – SydneyChair16:30
Meeting close 16:30
tag
Notices of Meeting