Australian Government, Financial Reporting Council

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Appendix D

Attendance at meetings

Financial Reporting Council

The FRC met five times during 2006-07. Members’ attendance is shown in the table:

Attendance at Financial Reporting Council meetings

* In the case of one meeting, the Member was present for less than half the meeting.

FRC Nominations Committee

The FRC Nominations Committee held three formal meetings in 2006-07, in addition to conducting interviews of candidates for the AASB and AUASB. Members’ attendance is shown in the table below:

Attendance at FRC Nominations Committee meetings

* Mr Prior retired from the FRC during September 2006. Mr Zimmermann was appointed Chairman of the Committee in September 2006.

FRC Finance Committee
AASB Audit Committee
AUASB Audit Committee

The Finance Committee and the two Audit Committees held five combined meetings during 2006-07. Members’ attendance is shown in the table below:

Attendance at FRC Finance Committee, AASB Audit Committee and AUASB Audit Committee meetings

* Mr McGregor retired from the FRC during September 2006. Mr Brook was appointed Chairman of the Committee in September 2006.

Audit Independence Committee

The Audit Independence Committee formally met nine times during 2006-07. Members’ attendance is shown in the table below:

Attendance at Audit Independence Committee meetings

Australian Accounting Standards Board

The AASB met 10 times during 2006-2007 for a total of 19 meeting days. Members’ attendance is shown in the table below:

Attendance at Australian Accounting Standards Board meetings

* Professor Leo was granted leave of absence from July to December 2007. Mr Palmer was granted leave of absence from July to November 2007.

Auditing and Assurance Standards Board

The AUASB met 11 times during the financial year for a total of 15 meeting days. Members’ attendance is shown in the table below:

Attendance at Auditing and Assurance Standards Board meetings

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Miscellaneous