Heartwarming Ifrs Monitoring Board

The IFRS Foundation Monitoring Board has released a consultative report on its review of the IFRS Foundations Governance.

Ifrs monitoring board. 3353113 and is registered as an overseas company in England and Wales reg no. The Monitoring Board was created in January 2009 with the aim of providing a formal link between the Trustees and public authorities in order to enhance the public accountability of the IFRS Foundation. The ASC would like to seek comments from the public stakeholders and any interested parties on the consultative report.

The Monitoring Boards main responsibilities are to ensure that the Trustees continue to discharge their duties as defined by the IFRS Foundation Constitution as well as approving the appointment or reappointment of Trustees. The Monitoring Board was created in 2009 with the aim of overseeing the IFRS Foundation whose Trustees in turn exercise oversight over the IASB International Accounting Standards Board. Board Member of the Capital Markets Board of Turkey Marcelo Barbosa.

It is envisaged that the Monitoring Board will meet the Trustees at least once a year or more often if appropriate. Commenting on the appointment Erkki Liikanen Chair of the IFRS Foundation Trustees said. The Monitoring Board comprising five public authorities predominantly from the developed markets agreed at its inception to reconsider its membership in the short term to ensure it reflected ongoing acceptance of IFRSs and developments in global capital markets.

The IFRS Foundation Monitoring Board is also pleased to announce the re-appointment of Mr. We are delighted to announce the appointment of Andreas Barckow as IASB Chair. About the IFRS Foundation Monitoring Board.

The International Financial Reporting Standards Foundation is a not-for-profit corporation incorporated in the State of Delaware United States of America with the Delaware Division of Companies file no. Servais was appointed as Monitoring Board Chair in February 2017. The Monitoring Board ensures the proper functioning of the International Financial Reporting Standards Foundation the IFRS Foundation.

The IASB as the international accounting standards-setting body draws up the international accounting standards that must be applied for example by more than 7000 listed companies in Europe. Any changes to the constitution will be subject to a public consultation with a 90-day comment period. The Monitoring Boards main responsibilities are to ensure that the Trustees continue to discharge their duties as defined by the IFRS Foundation Constitution as well as approving the appointment or.