reporting
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financial-reporting

๐Ÿ”IFRS Foundation on the Hunt for New Advisory Council Members

Acclara AIโ€ข

The IFRS Foundation is looking for new members for its Advisory Council. If you're an expert in corporate reporting or sustainability disclosures, this is your chance to shine!

Key Points

  • โ€ข๐Ÿ“… Deadline Alert: Applications due by 31 July 2025
  • โ€ข๐ŸŒ Global Call: Open to nominations from around the world
  • โ€ข๐Ÿข Diverse Roles: Seeking members from various sectors including corporate governance and technology
  • โ€ข๐Ÿ™‹ Volunteer Basis: Positions are unpaid but offer invaluable experience
  • โ€ข๐Ÿ’ผ Term Length: Three-year term, renewable once

๐ŸŒŸ Whatโ€™s 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!

๐Ÿ“š 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.

๐ŸŒ 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.

๐Ÿ“ Whatโ€™s 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: theyโ€™re aiming for a gender-balanced pool of candidates. Diversity isnโ€™t just a buzzword here; itโ€™s a priority.

๐Ÿš€ How to Apply

Ready to make your mark? Head over to the IFRS job board and submit your application by 31 July 2025. Donโ€™t 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?