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    International Accounting Standards Board—Call for members from Asia Oceania - London, United Kingdom - The Economist

    The Economist
    The Economist London, United Kingdom

    Found in: Talent UK C2 - 4 hours ago

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    Description

    Who we are
    The IFRS Foundation (Foundation) is a not-for-profit organisation created in 2001 to develop—in the public interest—high-quality, understandable, enforceable and globally accepted standards for general purpose financial reporting, and to promote and facilitate their adoption. The standards—IFRS Accounting Standards and IFRS Sustainability Disclosure Standards—are collectively referred to as IFRS Standards. They are set by the Foundation's two independent standard-setting bodies, the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB), using a rigorous, inclusive and transparent due process. The IFRS Foundation Trustees oversee the two boards and are accountable to a Monitoring Board of public authorities.

    The IASB and ISSB work in close cooperation to ensure their Standards complement each other to provide investors with transparent and reliable information about a company's financial position and performance, as well as information about sustainability factors that could create or erode its enterprise value in the short, medium and long term.

    The IASB comprises 14 members, all of whom are engaged in the IASB's technical accounting standard-setting work. In line with the Foundation's Constitution, members of the IASB are a professionally and geographically diverse group of experts with experience in financial accounting and its reporting, gained from backgrounds including as preparers and users of financial statements, regulators, auditors and academics.

    Full details of the IASB—as well as the Foundation's structure, activities and key personnel—can be found here.

    What we are looking for
    The Trustees are seeking candidates with substantial senior experience to fill two vacancies arising in the IASB in 2025 from Asia Oceania.

    These are senior, high-profile, full-time roles with global impact.

    Role responsibilities

  • Work with the IASB —engage with fellow IASB members as part of a collegial standard-setting board, contributing to the development and maintenance of IFRS Accounting Standards.
  • Work with the IASB's technical staff —liaise closely with members of the technical staff, providing advice, guidance and thought leadership, suggesting creative solutions to resolve issues and help to advance projects on a range of complex financial reporting issues.
  • Work with external stakeholders —engage with a wide variety of external stakeholders to assist in the development and application of high-quality IFRS Accounting Standards that meet the financial markets' needs and to promote IFRS Accounting Standards as the globally accepted financial accounting language.
  • Work with the ISSB —engage with the ISSB so that the two boards develop Standards that are compatible and avoid inconsistencies and conflicts.

    • Role requirements
    Membership of the IASB requires:

  • a strong understanding of, and interest in, financial accounting and reporting and the broader global economic environment in which the IASB operates;
  • intellectual rigor and balanced judgement;
  • extensive stakeholder engagement, demonstrating sensitivity, responsiveness and ability to influence;
  • independence; and
  • a commitment to serving the public interest.

    • Additional abilities required include:

  • excellent strategic and analytical thinking skills combined with a pragmatic mindset and strong project management skills;
  • the ability to work as a team player with personal impact with a range of individuals from across the globe;
  • strong oral and written communication skills, with the ability to represent the IASB effectively and to listen, consider and debate with others.

    • Members of the IASB are appointed for a term of five years. Consideration will be given to a second term. Second terms are usually for a further three years and a maximum of five.

    The full role specification can be found here.

    For further details, please visit .

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