IFRS Foundation publishes new appointments to its interpretations committee

Audit International, the leading specialists in Internal and External Audit Recruitment across Europe, the US and Asia have learned that the board members of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), have appointed a brace of new members to the body’s interpretations committee and reappointed a pair of current members for a second term.

The vice president of the Korea Accounting Association and board member of the Korea Accounting Standards Board (KASB) Jongsoo Han, together with Robert Uhl, a US-based partner and national director of Accounting Standards and Communications at Deloitte in the US, have both been appointed for a three-year term, kicking off on 1 July 2015.

Sandra Peters, head of financial reporting policy at the CFA Institute in the US and John O’Grady, EY assurance partner at in the Asia-Pacific region, have both been reappointed to serve a second three-year term on the interpretations committee, also starting in July 2015.

Recently, the chair of the trustee nominating committee, declared regarding this fact: “The IFRS Interpretations Committee plays an important role in the maintenance of the International Financial Reporting Standards (IFRS), encouraging consistent application of the standards and providing authoritative guidance where required. She also added: “We are pleased that Jongsoo and Robert have accepted their appointments to the Interpretations Committee and that John and Sandra have agreed to serve a second term.”

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