IFAC appoints new board member

Link: 500 UK companies struggling with IFRS

Tilley, who is chief executive at CIMA and used to work for Hambros and KPMG, will be helping the IFAC in its mission to set international standards of ethics, auditing and assurance and public sector accounting.

Professor Roland Kaye, president of CIMA, said the organisation was ‘delighted’ with Tilley’s appointment, which comes at a crucial time.

From the beginning of next year, new international financial reporting standards come into force, and Kaye said Tilley would ‘well positioned to maintain the UK’s share of voice’.

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