The Assistant Minister to the Treasurer, the Hon Alex Hawke MP, is pleased to announce the appointments of the part-time Chair and part-time Members of the Financial Reporting Council (FRC).
The FRC is responsible for overseeing the effectiveness of the financial reporting framework in Australia. Its key functions include the oversight of the accounting and auditing standard 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 matters.
The following Chair and Members were appointed:
- Mr William Edge as the part-time Chair of the FRC until 28 July 2019;
- Mesdames Judith Downes, Jackie Callaway and Noelle Kelleher each as a
part-time Member of the FRC for a three-year period from 29 April 2016; and
- Dr Stein Helgeby as a part-time Member of the FRC for a three-year period from 29 April 2016.
These appointments continue the high level of skills and experience available to the FRC.