UNSW Business School’s Professor Roger Simnett has been appointed the Chair of the Australian Auditing and Assurance Standards Board (AUASB) and a part time member of the Financial Reporting Council (FRC).
“I am looking forward to the challenge of returning to a significant public interest role, which can shape direction for our economy, and also provides me with the opportunity to play a significant role on the world stage” said Professor Simnett.
“I will chair an eleven member board and also lead a technical and support staff in the delivery of key objectives, which are to: develop and maintain high-quality auditing and assurance standards for all sectors of the Australian economy; and contribute through leadership and expertise to the development of international auditing standards.”
The AUASB sets the auditing and assurance standards which reinforce the credibility of auditing and assurance processes for end users of financial information. The FRC is responsible for overseeing the effectiveness of the financial reporting framework in Australia, including the oversight and membership (other than the Chair) of the AUASB.
Professor Simnett is currently Scientia Professor of Auditing and Macquarie Group Foundation Professor at the University of New South Wales. Along with being a Fellow of the Academy of the Social Sciences in Australia, Roger Simnett has 35 years’ experience in the auditing industry and has been significantly involved over the past 20 years in international committees and advisory panels relating to auditing.
He is still expected to play a significant part at UNSW Australia Business School. “I will continue to play a role on some committees at University level, important I believe in this time of change. We are currently exploring how I can best contribute to the vision and direction of the Business School, and as a Professor in the School of Accounting. I will also explore how I can best help the Centre for Social Impact achieve its mission within the Business School,” explained Roger Simnett.
He is recognised as a leading academic in auditing and his work has appeared in the leading academic and professional journals, including The Accounting Review, Accounting, Organizations and Society, Auditing: A Journal of Practice and Theory, Abacus, Behavioural Research in Auditing and Contemporary Accounting Research.
The three day a week government position will commence in April 2017.
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