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New AUASB Board Member Announced by FRC

The AUASB is pleased to advise that The Financial Reporting Council (FRC) has this week announced the appointment of a new member of the Auditing and Assurance Standards Board (AUASB).

Mr Andrew Porter, Chief Financial Officer of the Australian Foundation Investment Company, has been appointed to the AUASB, commencing from 1 July 2020 and his tenure will expire on 31 December 2022.

Andrew is an experienced CFO in the financial services industry and is currently CFO of the Australian Foundation Investment Company Limited (AFIC), Australia’s largest listed investment company.  He is also the immediate past Chair of the Group of 100, the body that represents Australia's leading finance professionals, and as part of that role has chaired the ASIC Accounting and Auditing Standing Committee.

Andrew brings a wealth of experience to the AUASB, particularly bringing the perspective of a financial report preparer.

Please join us in welcoming Andrew to the AUASB Board.