FRC’s executive director appointed to IFRS Advisory Council

News types: Staff/Board Announcements

Published: 2 December 2015

PN 62/15
Melanie McLaren, the Financial Reporting Council’s (FRC) Executive Director of Codes and Standards, has been appointed to the International Financial Reporting Standards (IFRS) Advisory Council, and will take up the post in January.
 
Melanie said:

“I am delighted to be able to contribute a European standard setter perspective to the IFRS Foundation at an important time in the globalisation of corporate reporting.”

 
The IFRS Advisory Council is the formal advisory body to the International Accounting Standards Board (IASB) and the Trustees of the IFRS Foundation. It consists of a wide range of representatives from groups that are affected by, and interested in, the IASB's work. These include investors, financial analysts and other users of financial statements, as well as preparers, academics, auditors, regulators, professional accounting bodies and standard-setters. Forty-three organisations from across the world are represented on the Advisory Council, with 48 individual members.
 
Read the full IFRS Advisory Council press release.

Notes to editors:

The FRC is responsible for promoting high quality corporate governance and reporting to foster investment.  We set the UK Corporate Governance and Stewardship Codes as well as UK standards for accounting, auditing and actuarial work.  We represent UK interests in international standard-setting.  We also monitor and take action to promote the quality of corporate reporting and auditing.  We operate independent disciplinary arrangements for accountants and actuaries; and oversee the regulatory activities of the accountancy and actuarial professional bodies.

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