EFRAG calls for candidates for its Technical Expert Group (TEG)

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04 Jul 2012

The European Financial Reporting Advisory Group (EFRAG) has called for applications for candidates for its Technical Expert Group (EFRAG TEG), in light of the present mandate period for six of the twelve members of the EFRAG TEG expiring on 31 March 2013.

The EFRAG Nominating Committee believes it is important that there is a continuous inflow of new members to EFRAG TEG, whilst respecting continuity of existing and experienced members. This means that not all current members, who are eligible for reappointment, may expect to be reappointed despite their satisfactory contribution to EFRAG TEG.

The EFRAG effectively operates through the EFRAG TEG, which makes its decisions independently of the EFRAG Supervisory Board and all other interests.  It assists the European Commission in the endorsement of International Financial Reporting Standards (IFRS), as issued by the International Accounting Standards Board (IASB) by providing advice on the technical quality of IFRS.

EFRAG is looking for candidates from a wide range of backgrounds and geographical origins and welcomes all applications.  The selection process will consider technical competence, background, experience and geographical spread.

EFRAG is calling for candidates to submit their applications by 1 October 2012.  Click for more information (link to EFRAG website).

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