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Batkhuyag Myagmar

Batkhuyag Myagmar is a professional researcher with more than a decade of successful experience in working in academia as well as in business sector. He specializes in accounting and corporate finance, and regularly attends national and international training sessions on finance, accounting, and economics. Besides working in academia and business, he has actively participated in development of accountancy in Mongolia by taking a role in developing interpretation of certain standards by IFRS and IFAC and translating the standards to Mongolia etc.

He has worked as a deputy director of the Mongolian Institute of Certified Public Accountants (MonICPA) since 2019. At the institution, his main duties are to support the implementation of international standards on financial reporting and auditing, develop methodology in accounting and finance, and conduct relevant research. He also is a member of Ethics working group under the Board of Directors of CAPA.

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Beverley Bahlmann

Country

United States of America

Beverley Bahlmann is a former director at the International Auditing and Assurance Standards Board (2011-2022) working on a variety of projects, including the fraud, going concern, and audits of less complex entities. Previously, Ms. Bahlmann worked for 15 years in a technical and training role in audit firms in Australia, the UK and South Africa. She is a member of the Australian and South African Institutes of Chartered Accountants. 

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Angela Donnelly

Job Title

IAASB Staff Fellow

Angela Donnelly is a Staff Fellow at the IAASB. Prior to that, she was a director in PwC’s National Quality Organization and provided advice on technical accounting issues, including lease accounting, derivative and hedge accounting, and financing transactions. Up until then, she managed and performed financial statement audits, primarily serving Banking and Capital Markets clients.

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IPSASB Achieves Gender Parity for the First Time, Announces New Members and Deputy Chair for 2021

English

Today, the International Public Sector Accounting Standards Board (IPSASB) is proud to announce that it will achieve gender parity in its membership for the first time. With the appointment of three new Board members, the IPSASB will be comprised of nine women and nine men beginning January 1, 2021. Additionally, Ms. Lindy Bodewig of South Africa has been appointed IPSASB Deputy Chair for 2021.

The new appointees to the IPSASB have been selected following a rigorous nominations and interview process involving the IFAC Nominating Committee, IPSASB leadership, IFAC Board, and the Public Interest Committee.

The three new Board members are:

  • Dr. Mari Kobayashi, Japan
  • Counselor Hervé-Adrien Metzger, France
  • Ms. Renée Pichard, Canada

The following four current Board members have been reappointed:

  • Mr. Todd Beardsworth, New Zealand
  • Ms. Neema Kiure-Mssusa, Tanzania
  • Mr. Bernhard Schatz, Austria
  • Mr. Marc Wermuth, Switzerland

“Achieving gender parity is a great milestone that we should all be celebrating,” said IPSASB Chair Ian Carruthers. “The IPSASB relies on diverse perspectives and experiences to develop and deliver high-quality accounting standards that can strengthen public financial management globally. I look forward to working with both our incoming Board members and those members that will be continuing their service with us in 2021.”

The IPSASB also announces today the appointment of Lindy Bodewig as Deputy Chair for 2021. Ms. Bodewig has served on the Board since 2017 and is also a Member of the Accounting Standards Board in South Africa. She currently works in the Office of the Accountant-General at the South African National Treasury.

“Lindy brings a huge depth of expertise to the Board table, through the powerful combination of her day job in government and being a national and international standard setter for the public sector. With many important and challenging projects on our current agenda, I look forward to working alongside Lindy, and the other Board members and IPSASB staff, as we move our challenging and important work program forward,” said Mr. Carruthers. “I also wish to thank Michel Camoin, Do-Jin Jung, and Rod Monette who are completing their terms this year for their steadfast service to the IPSASB. They have all made excellent contributions to our work during their time with the Board, and we are grateful for their dedication and commitment.” 

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 governments of Canada and New Zealand. 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.

 

Going Concern

The IAASB is currently working on a project to revise ISA 570 (Revised), Going Concern. The project is primarily focused on standard-setting actions that are intended to address targeted revisions of ISA 570 (Revised), rather than a comprehensive revision of the standard.

In revising the standard, the IAASB aims to:

Fraud

The IAASB is currently working on a project to revise ISA 240, The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements. In revising this standard, the IAASB aims to: