A global search has begun for highly qualified individuals to fill seven volunteer openings, including one of more vacancies for public members[1], on the International Ethics Standards Board for Accountants (IESBA) for an initial term of service of up to 3 years, commencing January 1, 2022.
The IESBA is an independent standard-setting board that develops, in the public interest, high-quality ethical standards and other pronouncements for professional accountants worldwide.
The nominations process, with public interest oversight, aims to select the most suitable candidates for the available positions. Transition to a multi-stakeholder model in line with the Monitoring Group reforms[2] will be taken into consideration during the selection process.
All stakeholders, including the general public, are invited to apply or nominate candidates. The Nominating Committee is interested in candidates from a wide range of relevant backgrounds, in the private or public sector, including:
- preparers of financial statements;
- users of audited financial statements or assurance reports (including institutional investors, investor representatives and analysts, audit committee members, and those charged with corporate governance);
- academics;
- auditors and assurance providers;
- regulators;
- national standard setters; and
- policy makers.
Candidates should ideally have experience with issues relating to ethics and independence, and sufficient familiarity with the matters considered by the IESBA to be able to contribute effectively to the board’s standard-setting and outreach work. English proficiency (both written and oral) is essential.
Nominations of highly qualified candidates from all regions are encouraged, with a particular emphasis from the Australia–Oceania, Africa–Middle East, and Latin America–Caribbean regions. Striving for gender parity remains an area of focus, and nominations of female candidates are strongly encouraged.
Financial support to cover travel costs for attending board meetings is available for qualifying individuals and public members who do not have a nominating organization.
For more information and to learn how to submit an application before the February 15, 2021 deadline, please review the Call for Nominations for IESBA in 2022, also available in Arabic, French, and Spanish.
About the IESBA
The International Ethics Standards Board for Accountants (IESBA) is an independent global standard-setting board. The IESBA’s mission is to serve the public interest by setting ethics standards, including auditor independence requirements, which seek to raise the bar for ethical conduct and practice for all professional accountants through a robust, globally operable International Code of Ethics for Professional Accountants (including International Independence Standards) (the Code).
[1] At least three positions on the IESBA are designated for public members. Public members are required to bring a broad public interest perspective and nominations of non-accountants are strongly encouraged for these positions.
[2] As outlined in the Monitoring Group’s paper, Strengthening the International Audit and Ethics Standard-Setting System, it is envisioned that the IESBA’s proposed composition will become effective in 2024 after a three-year transition and implementation period.