The IFRS Foundation has just shuffled its Advisory Council, bringing in fresh faces and reappointing key players. This strategic move aims to enhance global corporate reporting standards.
Key Points
•🌍 Global Representation: The council now includes members from over 50 organizations worldwide.
•🗓️ New Appointments: Several new organizations and representatives have been added to the council.
•🔄 Reappointments: Key players have been reappointed to continue their strategic advice roles.
•📊 Focus Areas: The council will focus on both IASB and ISSB standards.
•🏢 Strategic Advice: The council provides critical advice to IFRS Trustees and boards.
🌐 A Global Melting Pot
The IFRS Advisory Council is now a melting pot of over 50 organizations from around the globe. These members come with diverse functional and geographical backgrounds, ensuring a well-rounded perspective on international corporate reporting.
🆕 New Faces, New Ideas
This shake-up includes several newly appointed organizations and their representatives. These fresh faces are expected to bring innovative ideas to the table, enhancing the council's strategic advice to the Trustees, IASB, and ISSB.
🔄 Old Guards Reappointed
While new members are joining, some key players have been reappointed. Their continued presence ensures stability and continuity in the council's strategic advisory role.
🎯 Focus on Standards
The council's primary focus remains on providing strategic advice on both the International Accounting Standards Board (IASB) and the International Sustainability Standards Board (ISSB) standards. This dual focus aims to elevate global corporate reporting standards to new heights.
