Financial Reporting Council

C/- Markets Secretariat, Treasury Building, Langton Crescent, Parkes ACT 2600
(02) 6263 3144
(02) 6263 3390

The Financial Reporting Council (FRC) is the peak body responsible for overseeing the effectiveness of the financial reporting framework in Australia.
Its key functions include the oversight of the accounting and auditing standards 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 FRC monitors the development of international accounting and auditing standards, works to further the development of a single set of accounting and auditing standards for world-wide use and promotes the adoption of these standards.
It is a statutory body under Part 12 of the Australian Securities and Investments Commission Act 2001.


  • Deputy Chair

    Mr Bill Edge

    Institute of Chartered Accountants in Australia
  • Member

    Dr Stein Helgeby

    Deputy Secretary, Financial Management Group, Department of Finance and Deregulation, Canberra ACT
  • Ms Merran Kelsall

    Chairman, Auditing and Assurance Standards Board, Melbourne Vic
  • Mr Kevin Lewis

    Chief Compliance Officer, ASX Operations Pty Ltd, Sydney NSW
  • Mr Graeme Mitchell

    Chair of the New Zealand External Reporting Board
  • Mr David Nicol

    Under-Treasurer of the ACT and Chair of the Heads of Treasuries Accounting and Reporting Advisory Committee
  • Ms Kris Peach

    Chair and CEO, Australian Accounting and Standards Board
  • Secretary to the Financial Reporting Council

    Markets Secretariat

    Markets Secretariat, Department of the Treasury
  • For validation reasons - please ignore

Last Reviewed: 10 December 2015.  Report an error

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