IFRS Foundation expands Middle Eastern influence

IFRS Foundation expands Middle Eastern influence

IFRS Foundation appoints Abdulrahman Al-Humaid as a trustee with immediate effect

THE BODY RESPONSIBLE for the oversight of the IASB has appointed its first trustee from the Middle Eastern region.

The IFRS Foundation yesterday announced the appointment of Abdulrahman Al-Humaid as a trustee with immediate effect. His appointment will expire on 31 December 2015, renewable once for a further three-year period.

Al-Humaid has more than 30 years leadership experience within various accounting and financial services activities, both within his home jurisdiction of Saudi Arabia as well as in the broader Middle Eastern region, the foundation said.

He chairs the Committee for Adopting International Accounting Standards of the Saudi Organisation of Certified Public Accountants (SOCPA), having served as the chairman of its accounting standards committee from 1996 until 2002.

“Dr Al-Humaid’s appointment reflects growing support for IFRSs across the entire Middle Eastern region. His experience will be of great benefit as we work to ensure that IFRSs can be applied across all regions of the world,” said Robert Glauber, chairman of the trustees’ nominating committee.

Share

Subscribe to get your daily business insights

Resources & Whitepapers

Why Professional Services Firms Should Ditch Folders and Embrace Metadata
Professional Services

Why Professional Services Firms Should Ditch Folders and Embrace Metadata

3y

Why Professional Services Firms Should Ditch Folde...

In the past decade, the professional services industry has transformed significantly. Digital disruptions, increased competition, and changing market ...

View resource
2 Vital keys to Remaining Competitive for Professional Services Firms

2 Vital keys to Remaining Competitive for Professional Services Firms

3y

2 Vital keys to Remaining Competitive for Professi...

In recent months, professional services firms are facing more pressure than ever to deliver value to clients. Often, clients look at the firms own inf...

View resource
Turn Accounts Payable into a value-engine
Accounting Firms

Turn Accounts Payable into a value-engine

3y

Turn Accounts Payable into a value-engine

In a world of instant results and automated workloads, the potential for AP to drive insights and transform results is enormous. But, if you’re still ...

View resource
Digital Links: A guide to MTD in 2021
Making Tax Digital

Digital Links: A guide to MTD in 2021

3y

Digital Links: A guide to MTD in 2021

The first phase of Making Tax Digital (MTD) saw the requirement for the digital submission of the VAT Return using compliant software. That’s now behi...

View resource