Vacancies: Member, International Financial Reporting Interpretations Committee
19 February 2010
The Trustees of the International Accounting Standards Committee (IASC) Foundation invite applications from suitable candidates to fill up to four vacancies on the International Financial Reporting Interpretations Committee (IFRIC).
The IFRIC is the interpretative body of the International Accounting Standards Board (IASB) and, with the new appointments, will consist of fourteen voting members under the non-voting chairmanship of IASB member Robert Garnett. The role of the IFRIC is to interpret the application of International Financial Reporting Standards (IFRSs) to ensure consistent accounting practices throughout the world and to provide timely guidance on financial reporting issues not specifically addressed in IFRSs, within the context of the IASB’s Framework.
In making these appointments, the Trustees will place special emphasis on a candidate’s ability to identify and address issues concerning the practical application of IFRSs.
The Trustees will appoint up to four members to the IFRIC to serve for a term that will expire on 30 June 2013. The Trustees have indicated that they will give consideration to three IFRIC members who remain eligible and are available for reappointment. Newly appointed members would be eligible for reappointment. Members are expected to attend about six two-day meetings each year held in London. Membership is unpaid, but the IASC Foundation meets members’ expenses of travel on IFRIC business.
The closing date for this vacancy was 12 March 2010 and applications are no longer being accepted.