Members
The IASB has 14 Board members (12 are full time members and 2 are part time) each with one vote. They are selected as a group of experts with a mix of experience of standard-setting, preparing and using accounts, and academic work. At their January 2009 meeting the Trustees of the Foundation concluded the first part of the second Constitution Review, announcing the creation of a Monitoring Board and the expansion of the IASB to 16 members and giving more consideration to the geographical composition of the IASB.
The IFRS Interpretations Committee has 14 members. Its brief is to provide timely guidance on issues that arise in practice.
A unanimous vote is not necessary in order for the publication of a Standard, exposure draft, or final "IFRIC" Interpretation. The Board's 2008 Due Process manual stated that approval by nine of the members is required.
The members (as of July 2011) are:
- Hans Hoogervorst (Chairman), Netherlands, former Minister of Health, Minister of Finance
- Ian Mackintosh (Vice-chairman), New Zealand, former Coopers & Lybrand, Chief Accountant Australian Securities and Investments Commission
- Stephen Cooper, UK, UBS Investment Research
- Phillipe Danjou, France, former Arthur Andersen, AMF (Financial Markets Authority of France)
- Jan Engström, Sweden, former Volvo Group
- Patrick Finnegan, USA, formerly of the CFA Institute
- Amaro Luiz de Oliveira Gomes
- Prabhakar Kalavacherla (‘PK’) (was an audit partner at KPMG LLP in the San Francisco office )
- Dr Elke König (Germany)
- Patricia McConnell, USA, formerly of Bear Stearns
- Takatsugu Ochi (Japan)
- Paul Pacter (US)
- Darrel Scott (South Africa)
- John T. Smith, USA, former Deloitte, FASB
- Zhang Wei-Guo, China, former Professor in Shanghai, China Acc. Standards Committee
Former IASB members include James J. Leisenring, Robert P. Garnett, Mary Barth, David Tweedie, Gilbert Gélard, Warren McGregor, and Tatsumi Yamada.
Read more about this topic: International Accounting Standards Board
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