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Upcoming Webinar: A Future Model to Advance International Accountancy Education

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On December 19, 2018, IFAC will host a one-hour webinar on a future model for advancing international accountancy education in the public interest. The webinar will preview planning to date and provide an outline of the model prior to approval and implementation in 2019.

This model is aimed at ensuring the global accountancy profession addresses the challenges stemming from a rapidly changing environment by harnessing a comprehensive and integrated approach.

To include as many interested parties as possible, the webinar will be available at two times (registration required):

  • December 19, 2018, 0800 EST
  • December 19, 2018, 1800 EST

The transition from the current structure to a future model was announced by IFAC and the International Accounting Education Standards Board in August 2018, followed by the creation of the International Accountancy Education Transition Advisory Group to advise on the model’s development and transition plans.

Candidates Sought to Serve on Audit and Ethics Independent Standard-Setting Boards

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The Call for Nominations for 2020 volunteer opportunities to serve on the independent international audit and ethics standard-setting boards is now open.

There are five volunteer openings on the International Auditing and Assurance Standards Board (IAASB) and six volunteer opportunities on the International Ethics Standards Board for Accountants (IESBA), including public member positions.  

High-quality international standards that underpin the global accountancy profession are developed by independent standard-setting boards comprised of dedicated volunteers committed to the public interest.

Nominations for these volunteer positions are open to all stakeholders, including institutional investors and analysts, audit committee members, corporate governance professionals, academics, regulators, policy makers, standard setters as well as individuals from governmental agencies, accountancy firms and the general public. Nominations of non-accountants for the public member vacancies are strongly encouraged. Travel support is available to public members, self-nominees and qualified candidates from developing nations.

Candidates should have strong knowledge of the subject matters considered by a particular board and be fluent in English. While selection for a board is based on objective review of qualifications and experience, the nominations process is focused on encouraging a diverse pool of candidates. Nominations of highly qualified candidates from Africa, Middle East, Latin America, Caribbean and Asia are strongly encouraged. Nominations of female candidates from all regions are particularly welcome.

Nominations can be submitted through the Nominations Database before February 15, 2019. For more details regarding available positions and membership requirements, please see the Call.

The nominations process, with public interest oversight, aims to select the most suitable candidates for the available positions, while also aiming to achieve gender, regional and professional balance.

 

About the IAASB
The IAASB develops auditing and assurance standards and guidance for use by all professional accountants under a shared standard-setting process involving the Public Interest Oversight Board, which oversees the activities of the IAASB, and the IAASB Consultative Advisory Group, which provides public interest input into the development of the standards and guidance. The structures and processes that support the operations of the IAASB 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 IESBA
The IESBA is an independent standard-setting board that develops and issues, in the public interest, high-quality ethical standards and other pronouncements for professional accountants worldwide. Through its activities, the IESBA develops the Code of Ethics for Professional Accountants, which establishes ethical requirements for professional accountants. The structures and processes that support the operations of the IESBA are facilitated by IFAC. Please visit http://www.ethicsboard.org for more information, and follow us on Twitter @Ethics_Board.

Call for Nominations for the IAASB and IESBA Membership in 2020

This Call for Nominations for the IAASB and IESBA Membership in 2020 is issued to key stakeholders and interested parties to invite their nominations for volunteer service on the independent international audit and ethics standard-setting boards.

Volunteers are central to the effective functioning of our global standard setting boards, through active participation in meetings, task forces and outreach activities.

IAASB
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Kim Wallin

Job Title

IFAC Board Technical Advisor for Lisa Padmore

Country

United States of America

Kim Wallin is currently in private practice at her CPA firm, D.K. Wallin Ltd. In 2006 she was elected to be the Controller for the State of Nevada where she served two terms. During that time, she still maintained her practice. As Controller she was a leader in working to improve financial reporting, transparency and accountability in the public sector.

In 2013 she received the National Association of State Auditors, Comptrollers and Treasurers President's Award for her work in improving disclosure of financial information for investors in municipal bonds. Also in 2013, she was given the Excellence in Government Award by the Association of Government Accountants for her advocacy of improved government accountability, for the use of technology to improve government performance and for clear, concise reporting to the public.

As chair of the Institute of Management Accountants’ Strategic Planning Committee, and then as Chair of IMA's Global Board of Directors, Ms. Wallin led the early development of a comprehensive global strategy which resulted in IMA's current global footprint of more than 117,000 members in 130 countries. As an IMA global board member, she continues to be involved in IMA's global strategy and planning for the role of accountants in the future.

Ms. Wallin was recently appointed as a Commissioner on the Nevada Commission on Ethics. She has most recently served on a Congressional Commission as a Commissioner on the Evidence-Based Policy Making Commission.

Ms. Wallin is a lifetime member of IMA and NASACT. She is also a member of the American Institute of CPA and the Nevada Society of CPAs. Ms. Wallin is a graduate of the University of Nevada, Las Vegas with a degree in Business Administration with a major in accounting.