Deloitte comment letter on the IFRS Foundation draft review
Deloitte’s IFRS Global Office has submitted a letter of comment to the IFRS Foundation on its draft review 'IFRS Foundation Constitution—Drafting Review: separating the role of the IASB Chair and the Executive Director.'
We support the IFRS Foundation’s change to separate the role of IASB Chair and the Executive Director and commend them for acting quickly to implement the change recommended by both the Trustees’ Strategy Review Report and the IFRS Foundation Monitoring Board governance review.
The comment letter notes the following:
[W]e support the changes to the IFRS Foundation's Constitution, subject to our proposed changes that aim to reinforce the separation between the IFRS Foundation Executive Director and the IASB Chair.
See our previous articles on:
- IFRS Foundation draft review.
- Trustees' Strategy Review Report and Monitoring Board governance review.
