IASB appoints new members of its interpretations committee

Tom Ravlic

The International Accounting Standards Board now has three new members of its interpretations committee that come from India, Switzerland, and Canada.

Andre Beeson is the top accounting policy executive based in Switzerland with Nestle SA but he also is involved in working groups on accounting and reporting.

Two groups he is currently involved in are the Swissholdings’ Working Group on Accounting and Reporting and BusinessEurope’s Accounting Harmonisation Working Group and Sounding Board.

Canada is represented by Deloitte partner Karen Higgins, and she – much like the new chairman of the International Accounting Standards Board – has an interest in her audit and assurance role in financial instruments and the financial services sector.

Higgins was a former vice-chair of the Canadian Accounting Standards Board and she is also involved in the policy setting bodies on international accounting standards in Deloitte in Canada and globally.

Vijay Kumar is another appointment to the committee hailing from a corporate background but this time from the information and communications technology sector.

Kumar is the chief financial officer at Sify Technologies, a council member of the Indian Chartered Accountants of India. He is the chair of the accounting standards board in India as well as being a representative on the IFRS advisory council and the IASB’s implementation group for its small to medium enterprises standard.

The IASB is also on the hunt for a new head of publishing and that person has the task of working out how to effectively get the word out to the world about what the accounting standards mean for the many jurisdictions that take the work of the London-based accounting standard sausage machine as a part of their own legislative or professional framework.