Four new members have been appointed to the International Financial Reporting Interpretations Committee.The trustees of the International Accounting Standards Committee Foundation, part of the Interational Accouting Standards Board, made the three-year appointments, which will be up in June 2010.
The quartet includes:
- Guido Fladt, a PricewaterhouseCoopers partner based in Germany who is also a member of the Global PwC Corporate Reporting Task Force;
- Bernd Hacker, head of financial instruments accounting policies with Siemens in Germany;
- Darrel Scott, head of FirstRand Banking Group’s finance operations in South Africa; and,
- Andrew Vials, partner-in-charge of KPMG U.K.s Department of Professional Practice, Accounting and Reporting.
All four members, who were identified as individuals involved with the practical implementation and preparation of financial statements, will be eligible for reappointment.The trustees are currently seeking comments on a proposal to expand the interpretations committee from 12 to 14 members, as a way of encouraging broader participation in the interpretations process.
