IFRS Foundation Trustees chair discusses new role and upcoming priorities
Oct 18, 2018
On October 18, 2018, the International Accounting Standards Board (the Board) released an interview with Erkki Liikanen, Chair of the IFRS Foundation Trustees, where he provided his thoughts on his new role, financial reporting in the global economy, and his priorities for the Trustees.
Mr. Liikanen noted that financial reporting works best when standards and practices across jurisdictions are the same to maintain consistency and that the use of IFRS Standards have helped achieve this. In addition, he stated that his priorities for the Trustees are to look at core functions and strategies.
Review the interview on the Board’s website.