New and Renewed Appointments at IFRS

The appointments as well as the reappointments for the interpretations committee of IFRS have been announced today. This has been announced by the IASB (international accounting standards board) and the trustees of IFRS.

There has been appointment of Sandra Peters to head the department of constructing policy of financial reporting in hands with United States institute called CFA. Another appointment has been that of John O Grady who is to lead the Ernst and young IFRS in Asia Pacific. Both of them have received 3 year term initially which is subject to be renewed only one.

The vacancies for appointments will now come up in June of 2012 when the second tenure is completed by Sara York as well as Ruth Kenny. There would also be end of first tenure and start of the second renewed one in June 2012 for Laurence Rivat as well as Kazuo Yuasa.

The head of the trustee committee said that both the new appointments are prestigious names in the world of finance and so are those who have served in the committee and are retiring and the ones who are going to start their second tenure of three years.

The newly appointed member of the committee Sandra Peters who will serve as a financial head is going to head an international team which will analyse as well as develop policies concerning important financial reporting, across the globe issues of auditing and accounting. Before becoming the head of financial reporting policy she held the position of vice president in Met life. She has a degree in MBA which she got from the Indiana University.

The second fresh appointment has been that of John O Grady who is leading the Ernst and young in Asia pacific that includes city of Melbourne in Australia and Hong Kong in China. He also holds the position of senior partner of Ernst and young’s group for professional practice in Asia Pacific from when it started in the year of 2010 in month of July. He has graduated from the Dublin University College. Apart from that he has also been part of the charted accountant’s institutes both in Australia as well as Ireland.