Amaro Gomes appointed to the IASB

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30 Apr 2009

Amaro Luiz de Oliveira Gomes has been appointed to a five-year term as a full-time member of the International Accounting Standards Board (IASB) starting 1 July 2009. Mr Gomes is currently Head of Financial System Regulation Department of the Central Bank of Brazil.

In that capacity, Mr Gomes has played a leading role in the adoption of International Financial Reporting Standards in Brazil. All listed companies and all banks (including domestic owned and foreign owned, listed and unlisted banks) will have to prepare and publish consolidated financial statements in full compliance with IFRSs starting with years ending 31 December 2010. At the Central Bank of Brazil, Mr Gomes has been responsible for drafting regulatory proposals on such matters as Basel II implementation, money laundering, accounting and auditing, microfinance, and prudential requirements. Since 2004, he has served on the Accounting Task Force of the Basel Committee on Banking Supervision. Before joining the Central Bank, Mr Gomes was an auditor with one of the international audit firms. He is co-author of a book Accounting for Financial Institutions. Click for Press Release (PDF 99k). Click for a complete History of Members of the IASB.


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