Upcoming financial reporting meetings

Refer to the list of Financial Reporting meetings below to find your area of interest.

• Australian Accounting Standards Board

  Next meeting date: 6-7 June 2012

  Last meeting summary: ANT15/2012/ANT16/2012

  The Australian Accounting Standards Board (AASB) is an independent accounting standard-setter responsible for developing and maintaining high-quality financial reporting standards for the Australian economy, and contributing to the development of global financial reporting standards. Its standards are enforceable under the Corporations Act, but it also has standard-setting powers for other sectors of the economy.

  Based in Melbourne, the AASB holds monthly board meetings that are usually attended by an Institute representative. The Board releases agendas before its meetings and highlights after its meetings, both of which can be accessed on its meetings page. This page also includes a list of its meetings for the rest of the year.

• Financial Reporting Council

  Next meeting date: 29 May 2012

  Last meeting summary: ANT 14/2012 (PDF)

  The Financial Reporting Council (FRC) is a statutory body established under the Australian Securities and Investments Commission Act 2001 (ASIC Act). It reports to the Federal Treasurer. Its key role is to oversee the accounting and auditing standard-setting process (via supervision of the AUASB and AASB) and to monitor the effectiveness of auditor independence requirements in Australia.

  The FRC meets roughly five times a year at major cities throughout Australia. Minutes of meetings are available afterwards on its website. An archive of minutes dating back to 1999 is also available.

• International Accounting Standards Board

  Next meeting date: 21-25 April 2012 

  Last meeting summary: IASB (ANT17/12), IFRIC (ANT12/12)

  The International Accounting Standards Board (IASB) is the independent standard-setting body of the IFRS Foundation. This foundation exists to develop and promote the use of international accounting standards, which it does through its standard-setting board, the IASB. The IASB is responsible for developing a single set of high quality, understandable, enforceable and globally-accepted international financial reporting standards (IFRSs). It also approves Interpretations of IFRSs as developed by the IFRS Interpretations Committee (IFRIC).

  The IASB is based in London and normally meets monthly, while the IFRIC Interpretation Committee meets quarterly. Updates from both types of  meetings are available on the IASB website.

  Meeting agendas and agenda papers are generally available prior to the meeting.

• International Public Sector Accounting Standards Board

  Next meeting date: 11-14 June 2012

  Latest meeting summary: ANT 14/2012 (PDF)

  The International Public Sector Accounting Standards Board (IPSASB) is one of the standard-setting boards that form part of the International Federation of Accountants (IFAC). Its role is to develop high-quality accounting standards for use by public sector entities around the world. This forms part of preparing general purpose financial statements, which is a crucial element of IFAC’s broader public sector objectives. Agenda papers, including minutes of the IPSASB meetings, are published on the IPSASB website.