Abbreviations
The following abbreviations are used throughout this report:
AASB Australian Accounting Standards Board
ASIC Australian Securities and Investments Commission
ASIC Act Australian Securities and Investments Commission Act 2001
ASX Australian Stock Exchange
CAC Act Commonwealth Authorities and Companies Act 1997
CPAA CPA Australia (formerly the Australian Society of Certified Practising Accountants)
FRC Financial Reporting Council
G4+1 National accounting standard setting bodies of Australia, Canada, New Zealand, the United States and the United Kingdom (with an observer from the IASC). The G4+1 was disbanded in January 2001.
IASB International Accounting Standards Board
IASC International Accounting Standards Committee
ICAA The Institute of Chartered Accountants in Australia
IFAC PSC International Federation of Accountants Public Sector Committee
IOSCO International Organisation of Securities Commissions
PSASB Former Public Sector Accounting Standards Board
SAC Standards Advisory Council (of the IASB)
UIG Urgent Issues Group
Contact officer
The contact officer for this Annual Report is the FRC's Secretary, Mr Michael Kooymans, who may be contacted at:
Post: The Treasury
Langton Crescent
PARKES ACT 2600
Telephone: (02) 6263 3984
Facsimile: (02) 6263 2770
E-mail: mkooymans@treasury.gov.au