The board of the International Federation of Accountants has approved the re-appointment of John Kellas as chairman of the International Auditing and Assurance Standards Board.Kellas has served on the independent standards-setting board since October 2000, and has been chairman since January 2004. The position became full time in October 2004. Kellas had been a member of the U.K. Auditing Practices Board from 1991 to 2002, and was a partner in KPMG's London office until his retirement in 2004. At KPMG, he headed the Department of Professional Practice.
"[Kellas'] leadership has been invaluable over the past three years as he has worked to increase public-interest input to the IAASB's standard-setting process, enhance the transparency of that process, and build relationships with national standard-setters," said IFAC president Graham Ward, in a statement.
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