One vacancy currently exists for appointment as a part‑time member of the Australian Accounting Standards Board (AASB).

The AASB is an independent Commonwealth entity established under the Australian Securities and Investments Commission Act 2001. Its functions include developing, issuing and maintaining accounting standards for Australia and participating in and contributing to the development of a single set of international accounting standards.

The appointments will be for a maximum term of 3 years with the possibility of extension. It is expected that the successful applicant/s will be appointed from 1 January 2024.

The appointments will be made by the Financial Reporting Council (FRC). The FRC is the peak body responsible for overseeing the effectiveness of the financial reporting framework in Australia.

The FRC welcomes all applications but particularly encourages the application of candidates with user experience and with experience at large firms.

Expertise in financial instruments, external reporting (eg remuneration, management commentary, service performance reporting), valuation of non‑financial assets and digital and analytical practices would be valuable.

The AASB typically holds 6, 2 day, meetings a year, plus occasional meetings on a needs basis. Out of session work to finalise minor issues, involvement in Project Advisory Panels and attendance at related meetings is also expected.

A secretariat, located in Melbourne, provides the Board with technical and administrative support.

Applications should comprise a current CV and address the selection criteria. The selection criteria are available below or on the Australian Accounting Standards Board website. Brevity would be appreciated. Further information about the position, the framework for appointment to the AASB, remuneration and allowances is available on the Australian Accounting Standards Board website

Applications should be addressed to:

The Chair
FRC Nominations Committee
c/- The Treasury, Langton Crescent
Parkes ACT 2600

Applications may be emailed to secretariat@frc.gov.au. A confirmation of application received will be sent to all applicants.

Applications are sought by 5 pm, 23 October 2023.

Should you wish to discuss further details of these positions, please contact the Chair of the FRC Nominations Committee or FRC Secretariat via email: secretariat@frc.gov.au


Selection criteria