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IFRS Foundation announces new appointments to its interpretations committee

THE TRUSTEES of the IFRS Foundation, responsible for the governance and oversight of the International Accounting Standards Board (IASB), have appointed a brace of new members to the body’s interpretations committee and reappointed a pair of current members for a second term.

Jongsoo Han, a board member of the Korea Accounting Standards Board (KASB) and vice president of the Korea Accounting Association, together with Robert Uhl, a US-based partner and national director of Accounting Standards and Communications at Deloitte in the US, have both been appointed for a three-year term, kicking off on 1 July 2015.

John O’Grady, an EY assurance partner at in the Asia-Pacific region, and Sandra Peters, head of financial reporting policy at the CFA Institute in the US, have both been reappointed to serve a second three-year term on the interpretations committee, also starting in July 2015.

Sheila Fraser, chair of the trustee nominating committee, said: “The IFRS Interpretations Committee plays an important role in the maintenance of the International Financial Reporting Standards (IFRS), encouraging consistent application of the standards and providing authoritative guidance where required.

“We are pleased that Jongsoo and Robert have accepted their appointments to the Interpretations Committee and that John and Sandra have agreed to serve a second term.”

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