The Notice of the Call for Nominations for the IFAC Board and Committees in 2016 was issued today along with the companion guide, Developing a Nominations Strategy. The Notice of the Call sets out the upcoming opportunities for membership on the Board of the International Federation of Accountants^® (IFAC^®), the global organization for the accountancy profession with more than 175 members and associates in 130 countries, and its Compliance Advisory Panel, Professional Accountancy Organization Development Committee, Professional Accountants in Business Committee, Small and Medium Practices Committee, and Nominating Committee.

For 2016, there are 31 vacancies on the Board and committees, including the chair of the Compliance Advisory Panel. All vacancies on the Board and committees are open for nominations by IFAC members.

The Nominating Committee encourages all IFAC members to review the Notice of the Call, including the detailed information regarding open vacancies, composition targets, specific membership qualifications, and requirements for the Board and each committee. It also offers strategic guidance in selecting candidates, including identifying the most qualified nominee for each available position.

The official Call for Nominations will be issued on January 15, 2015, and nominations may be submitted from January 15 to March 15, 2014. The Notice of the Call is issued in advance of the Call for Nominations to allow sufficient time for stakeholders to prepare for the next nominations cycle.

The Nominating Committee follows an open and transparent process in selecting the best candidates for the available positions while also striving to achieve gender, regional, and professional balance. For more information about the Nominating Committee, its due process, or guidance in selecting the best candidate, please visit the Nominating Committee web page.

About IFAC
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. Founded in 1977, it is comprised of over 175 members and associates in 130 countries and jurisdictions, representing approximately 2.5 million accountants in public practice, education, government service, industry, and commerce.

The report provides a summary of the Ethics Board’s 2013 achievements and includes developments on key projects and initiatives that have continued to progress throughout 2014. In particular, it highlights the board’s extensive efforts in reaching out to stakeholders, and the developments of the board that centered on building public trust in both the profession and the IESBA’s Code of Ethics for Professional Accountants (the Code).

The International Ethics Standards Board for Accountants^® (IESBA^®, the Ethics Board) today released its 2013 Annual Report, Reinforcing Trust in the Profession.

The report provides a summary of the Ethics Board’s 2013 achievements and includes developments on key projects and initiatives that have continued to progress throughout 2014. In particular, it highlights the board’s extensive efforts in reaching out to stakeholders, and the developments of the board that centered on building public trust in both the profession and the IESBA’s Code of Ethics for Professional Accountants (the Code).

The 2013 Annual Report pays tribute to the board’s late chair Jörgen Holmquist and includes a number of key messages that he had expressly wished to convey prior to his passing in March 2014, including the importance of maintaining the board’s focus on setting principles-based standards that are globally operable.

“Ethics is the foundation on which public trust in the accounting profession is built. For this reason, the ethics standards in the Code play a critical role in supporting professional accountants globally in fulfillment of their responsibility to act in the public interest,” said Wui San Kwok, interim IESBA chair. “The board, under Jörgen’s leadership, made significant strides in 2013 in advancing its technical agenda to ensure that the Code remains a set of high-quality, globally accepted ethics standards, and in forging broader and deeper relationships with its constituencies through its outreach program. The board is committed to continuing this momentum, including promoting the Code and its widespread adoption.”

The Annual Report includes a report from Kristian Koktvedgaard, the chair of the IESBA’s Consultative Advisory Group (CAG), which outlines the technical and strategic input the CAG provided to the Ethics Board on its work program initiatives during the year.

To access and download the 2013 IESBA Annual Report, visit www.ethicsboard.org.

About the IESBA
The IESBA develops ethics standards and other pronouncements for professional accountants worldwide under a shared standard-setting process involving the Public Interest Oversight Board, which oversees the activities of the IESBA, and the IESBA Consultative Advisory Group, which provides public interest input into the development of the standards and other pronouncements. The structures and processes that support the operations of the IESBA are facilitated by IFAC. Please visit www.ethicsboard.org for more information, and follow us on Twitter @Ethics_Board.

About IFAC^®
IFAC is the global organization for the accountancy profession dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of over 175 members and associates in 130 countries and jurisdictions, representing approximately 2.5 million accountants in public practice, education, government service, industry, and commerce.

IFAC Deputy Director Kelly Anerud moderated and served as a panelist in a session entitled "Translating International Standards and Guidance: Best Practices and Tools to Achieve Quality Translations" on November 12, 2014, at the World Congress of Accountants 2014, in Rome, Italy.

The session also included presentations by Mariarita Cafulli, head of the Consiglio Nazionale dei Dottori Commercialisti e degli Esperti Contabli Translation Department, Javier Quintana, secretary of the Ibero-American Cooperation Framework (IberAm Project) and CEO of the Instituto de Censores Jurados de Cuentas de España, and Hilde Blomme, deputy CEO of the Federation of European Accountants (FEE).