The global search for an exceptional individual to lead the International Auditing and Assurance Standards Board (IAASB) is in its final weeks with all applications from qualified candidates due by January 31, 2019.
The Chair leads the IAASB’s strategic direction and development of high-quality international audit standards, as well as facilitates the consultative processes that underpin the board’s credibility and activities. The Chair develops and maintains effective relationships with international oversight authorities and regulatory bodies, national standard setters, investor and preparer communities, the audit practitioner community and other key stakeholders.
The successful candidate has significant, senior-level experience and is well recognized within professional and regulatory communities. He or she has effective leadership, diplomacy, communication and strategic skills; demonstrated professional competency; and a strong commitment to the IAASB’s public interest mission. He or she also understands the significant travel commitment involved.
The IAASB Chair is appointed for a renewable three-year term, commencing May 1, 2019. A complete job description, along with application instructions, is available on the IAASB website. Applications are due January 31, 2019.
This global search is being conducted by the Interim Nominating Committee, which was formed in February 2018 to conduct the process for the next IAASB Chair. The search has recently restarted after the designated appointee decided not to assume the post for personal reasons. More information on the Committee is available online.
Citizens across G20 countries are concerned about transparency, complexity and inequity in tax systems. However, they are also aware of the international tax landscape and understand the need for trade-offs in tax policy. In tackling these issues, people say they trust and want to hear more from experts and professionals, but have grown skeptical of politicians and the media.
Listen to Rich Sharko, IAASB Board member and the Chair of the ISA 540 (Revised) Implementation Working Group, as he explains the public interest issues addressed by International Standard on Auditing 540 (Revised), Auditing Accounting Estimates and Related Disclosures. This 10 minute presentation also contains useful information to help stakeholders understand the changes to the standard and the planned activities of the ISA 540 (Revised) Implementation Working Group.
These slide decks have been prepared by the IAASB’s ISA 540 (Revised) Implementation Working Group to assist IAASB members, national standard setters, auditors, regulators and others to promote awareness of