IPSASB Welcomes Two New Members and Extends Chair for a Final Year
The International Public Sector Accounting Standards Board (IPSASB), developer of IPSAS®, international accrual-based accounting standards for the public sector, announced its new and reappointed Board members and Deputy Chair for 2024, as well as the extension of its Chair through 2025.
The new IPSASB appointees have been selected following a rigorous nominations and interview process involving the IFAC Nominating Committee and IPSASB leadership, overseen by the Public Interest Committee and approved by the IFAC Board. The 2024 Board will continue to be a diverse, woman-majority group, with exceptional public sector accounting experience from around the world.
The new Board members are:
- Angela Ryan, New Zealand
- Yacouba Traoré, Burkina Faso
The following three current Board members have been reappointed:
- Hervé-Adrien Metzger, France
- Mari Kobayashi, Japan
- Renée Pichard, Canada
In addition, Scott Showalter of the USA has been reappointed as IPSASB Deputy Chair for 2024.
“For the third year in 2024, the IPSASB will be a board comprising a majority of women,” said IPSASB Chair Ian Carruthers. “Diversity of Board membership is essential to ensure the delivery of high-quality standards that can strengthen public financial management globally. The appointment of a Board member from Francophone Africa will be critical to bringing this regional perspective directly into our work for the first time.”
The tenure of the IPSASB’s independent Chair, Ian Carruthers, has been extended for a final year through 2025.
This allows Mr. Carruthers to continue to lead the Board in its important work addressing accrual-based financial reporting issues in the public sector, at the same time as it advances into the new space for the Board in developing public sector sustainability standards. Under his leadership, the IPSASB will continue to advance its ambitious standard-setting agenda and stay on the front-foot in expanding its global impact.
About the IPSASB
The International Public Sector Accounting Standards Board (IPSASB) works to strengthen public financial management globally through developing and maintaining accrual-based International Public Sector Accounting Standards® (IPSAS®) and other high-quality financial reporting guidance for use by governments and other public sector entities. It also raises awareness of IPSAS and the benefits of accrual adoption. The Board receives support from the Asian Development Bank, the Chartered Professional Accountants of Canada, the New Zealand External Reporting Board, and the government of Canada. The structures and processes that support the operations of the IPSASB are facilitated by the International Federation of Accountants (IFAC). For copyright, trademark, and permissions information, please go to permissions or contact permissions@ifac.org.
About the Public Interest Committee
The governance and standard-setting activities of the IPSASB are overseen by the Public Interest Committee (PIC), to ensure that they follow due process and reflect the public interest. The PIC is comprised of individuals with expertise in public sector or financial reporting, and professional engagement in organizations that have an interest in promoting high-quality and internationally comparable financial information.