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IFRS Foundation seeks Trustee applications

  • IFRS Foundation (blue) Image

29 Mar 2021

The IFRS Foundation announces that it is seeking two applications for the role of Trustee.

The IFRS Foun­da­tion is seeking two Trustees: one from the Americas and one from the Asia-Oceania. Trustees’ re­spon­si­bil­i­ties include oversight of the organisation in the public interest, its strategic direction, ap­point­ments to the Board, the IFRS In­ter­pre­ta­tions Committee and the IFRS Advisory Council, and ensuring the financing of the organisation and approving its budget. The role de­scrip­tion notes:

Qualified candidates should have top-level experience in an organisation with an interest in accounting standards. They should demonstrate a firm commitment to serving the public interest, to the work of the Foundation and to the Board as a high quality global standard-setter. They should be financially knowledgeable and be able to meet the time commitment, which includes, but is not limited to, at least three three-day meetings each year. Trustees should have an understanding of, and be sensitive to, the challenges associated with the adoption and application of high-quality global accounting standards developed for use in the world’s capital markets as well as to relevant current issues such as the impact of new technologies on corporate reporting, the development of non-financial reporting and changes in investors' and markets' demands. Trustees are aware of the increasing focus on sustainability reporting by major companies and would welcome applications from candidates with a knowledge and interest in sustainability reporting.

Please click to access the press release on the IASB website.

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