IFAC seeks ethics, public sector board nominees
20 Feb 2006
The International Federation of Accountants (IFAC) is seeking nominations for a public member for the International Ethics Standards Board for Accountants and for a public member for the International Public Sector Accounting Standards Board.
Both are independent standard-setting boards within IFAC. Individuals, organisations, accountancy firms, and IFAC member and regional accountancy bodies may submit nominations by 15 April 2006.
- The International Ethics Standards Board for Accountants (IESBA) for Accountants develops ethical standards and other pronouncements for professional accountants around the world. The IFAC Code of Ethics for Professional Accountants and Interpretations apply to all professional accountants, including those in public practice, business, education, and the public sector.
- The International Public Sector Accounting Standards Board (IPSASB) develops accounting standards for use by governments and other public sector entities around the world in preparing general purpose financial statements.