Paul Cherry is named as new SAC chair

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03 Dec 2008

The Trustees of the International Accounting Standards Committee Foundation (IASCF) have appointed Paul Cherry as Chairman of the Standards Advisory Council (SAC) for three years beginning on 1 January 2009.

Mr Cherry is the Chairman of the Canadian Accounting Standards Board, from which he will step down at the end of March 2009. Previously, he chaired the Standing Interpretations Committee – the predecessor of IFRIC under the former IASC. He succeeds Professor Nelson Carvalho, whose term as SAC chair expires at the end of this year. The IASCF Trustees are in the final stages of selecting two vice-chairs and the full membership of the SAC, and expect to announce their appointments in the coming weeks. Click for press release (PDF 45k).

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