Recruitment

Australian Accounting Standards Board

One vacancy currently exists for appointment as a part-time member of the Australian Accounting Standards Board (AASB).  In addition, there is a possibility of appointing an extra at large member, should there be an outstanding candidate not meeting the specific vacancy.

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 2020.

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.

Expertise in financial instruments, external reporting (eg. remuneration, management commentary, service performance reporting), valuation of non-financial assets, digitalization and/or artificial intelligence would be valuable.  The FRC is seeking to appoint one individual currently a preparer or providing accounting and/or auditing and/or consulting services to the public sector, preferably to local government, universities or small to medium departments and agencies. The possible at large member might have strategic, political, legal, valuation, or emerging issue skills that would assist the AASB consider issues likely to become important in the near future, or be a director or user of corporate, public sector or charity external reporting.

The AASB typically holds six, two day, meetings a year, plus occasional meetings on a needs basis. In addition out of session work to finalize minor issues is also expected. 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.aasb.gov.au. Brevity would be appreciated. Further information about the position, the framework for appointment to the AASB, remuneration and allowances is available at the AASB website.

Applications should be addressed to:

The Chairman
FRC Nominations Committee
c/- The Treasury, Langton Crescent
Parkes ACT 2600
ATTENTION: Anita Cuming

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

Applications are sought by Monday 23 September 2019.

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


Selection criteria:

  • AASB Member - Selection Criteria [DOCX 60KB]

 
Auditing and Assurance Standards Board

One vacancy currently exists for appointment as a part-time member of the Auditing and Assurance Standards Board (AUASB). In addition, there is a possibility of appointing an extra at large member, should there be an outstanding candidate not meeting the specific vacancy.

The AUASB is an independent Commonwealth statutory body established under the Australian Securities and Investments Commission Act 2001. Its functions include formulating 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 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 2020.

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 is seeking to appoint an individual working as a non-executive director of a large corporate or as a preparer of financial reports. Ideally this member would also have experience on an audit committee and have strong corporate governance skills.

The possible ‘at large’ member will have knowledge and ability to contribute to any of the strategic or emerging issues outlined in the AUASB’s Strategy and Corporate plan, including being a current practicing auditor from a Small and Medium Audit Practice.

The AUASB typically holds 7-8 days of meetings (for 2019 this will consist of 3 one-day and 2 two-day meetings), plus occasional meetings on a needs basis. In addition, out of session work to finalize minor issues is also expected.

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 the AUASB website.

Applications should be addressed to:

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

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

Applications are sought by Monday 23 September 2019.

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


Selection criteria: