A vacancy currently exists for appointment as a part-time member of the Auditing and Assurance Standards Board (AUASB).

The AUASB is an independent Commonwealth statutory body established under the Australian Securities and Investments Commission Act 2001. Its functions include making auditing and assurance standards for Australia and participating in and contributing to the development of a single set of auditing standards for world-wide use.

The appointment will be for a maximum term of three years, with the possibility of extension. It is expected that the successful applicant will be appointed on or before 1 January 2023.

The appointment 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.

Due to the developments globally with respect to the establishment of the International Sustainability Standards Board and the release of exposure drafts on sustainability reporting, and the corresponding work of the International Auditing and Assurance Standards Board, the FRC is particularly seeking candidates with the experience and expertise to assist in the AUASB's work with respect to assurance on sustainability reporting. Expertise in matters related to sustainability and climate reporting would be highly valuable.

The AUASB typically holds 7-8 days of 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 at www.frc.gov.au or www.auasb.gov.au. Brevity would be appreciated. Further information about the position, the framework for appointment to the AUASB, remuneration and allowances is available at www.auasb.gov.au.

Applications should be addressed to:

The Chair
FRC Nominations Committee
c/- The Treasury, Langton Crescent
Parkes ACT 2600
Attention: Matthew Bowd

Applications may be emailed to FRCSecretariat@treasury.gov.au. The FRC Secretariat will send confirmation of receipt to all applicants.

Applications are sought by Sunday 4 September 2022.

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

Selection criteria: