๐ Whatโs the Buzz?
The IFRS Foundation, known for setting top-tier global financial reporting standards, is on the lookout for new members for its Advisory Council. This body isn't just for show โ it plays a strategic role in guiding the Foundation's two key boards: the IASB and the ISSB. If your term ends on 31 December 2025, or if you're itching to dive into international corporate reporting, now's your chance!
๐ About the IFRS Foundation
Founded in 2001, the IFRS Foundation is all about creating high-quality, understandable, and globally accepted standards for financial reporting. These standards, known as IFRS Standards, are set by the IASB and ISSB. The Trustees, who oversee these boards, ensure a rigorous and transparent process. Think of them as the guardians of financial reporting excellence.
๐ Meet the Advisory Council
The Advisory Council is like the United Nations of corporate reporting. With 52 members from various backgrounds โ from auditors to investors and academics โ this council meets twice a year in London. And yes, these meetings are open to the public. Members are expected to participate actively, and while the role is unpaid, the experience and influence are priceless.
๐ Whatโs Needed?
The Trustees are looking for nominations from organizations with a keen interest in corporate reporting. Whether you're from a global conglomerate or a tech-savvy SME, your expertise could be invaluable. The focus is on sustainability disclosures, corporate governance, and more. And here's a pro tip: theyโre aiming for a gender-balanced pool of candidates. Diversity isnโt just a buzzword here; itโs a priority.
๐ How to Apply
Ready to make your mark? Head over to the IFRS job board and submit your application by 31 July 2025. Donโt forget to include a covering letter, any letters of support, and your CV. Address it all to Ken Robinson, Chair of the IFRS Foundation Nominating Committee. And remember, late applications might still get a look, so better late than never, right?