Sami Alshorafa is the Deputy for Supervision, Capital Market Authority Saudi Arabia, where he is based. He leads the supervision of listed entities' financial statements, auditors, and governance as well as compliance of collective investment schemes. He has also worked as an audit partner at two of the big four audit firms.
Mr. Alshorafa: “Being part of the IAASB constitutes an excellent opportunity for accountants and specialists from different backgrounds and different geographical jurisdictions to come together with one main objective in mind, which is serving the public interest of the capital markets by cooperating in the development of high-quality auditing standards.”
Hernán Casinelli is the Chair of the Accounting and Assurance Standards Board of Argentina, where he is based. He has held positions as a member of the International Accounting Standards Board’s SME Implementation Group and the IAASB's ISA for LCEs’ Reference Group.
Mr. Casinelli: “I look forward to working in the public interest to develop standards that enhance confidence in corporate reporting. I am certainly joining the IAASB at an exciting and challenging time.”
Vishal Doshi is a Council member of the Institute of Chartered Accountants of India. He is also the Vice Chair of ICAI’s Auditing and Assurance Standards Board and a partner in K C Mehta & Co LLP, in India, where he is based.
Mr. Doshi: “The IAASB plays a very important role in global standards setting and I am looking forward to contributing towards the IAASB' s objectives to meet stakeholders’ expectations and serve public interest.”
Robert Koethner is the retired Vice President, Chief Accounting Officer, Mercedes-Benz Group AG, a role he held for more than 20 years. During his career, he worked closely with audit firms as well as governance bodies, including supervisory boards and audit committees, on an international scale. He is based in Germany.
Mr. Koethner: “As a former Chief Accounting Officer for a publicly listed and globally operating company I am looking forward to share my experience from a preparers side with my fellow board members to deliver international high-quality auditing standards.”
Chrystelle Richard is Associate Professor in Accounting, ESSEC Business School, and is based in France. Dr. Richard teaches financial accounting and sustainable reporting in bachelor, master, and executive programs. Her primary research interests focus on firms' oversight and new forms of economic governance, including public-private partnerships and financial industry regulation.
Dr. Richard: “I feel very privileged to serve the IAASB at such an exciting time. The challenges of sustainability as well as technological developments present the IAASB with an ambitious and demanding agenda in 2024 and beyond. I am deeply honored to provide my academic expertise to the IAASB, and I am fully committed to serve it with the highest sense of the public interest.”
The IAASB is also pleased to share that two members were re-appointed by the PIOB for terms that also began on January 1, 2024:
Edo Kienhuis is PwC’s Global Standards Leader and a partner in the Audit and Assurance practice in Amsterdam, where he is a member of the National Office Methodology team and serves as an engagement quality review partner on several listed entities; and
Wendy Stevens is the National Practice Leader for Quality & Risk Management (QRM) at Mazars in the US, the Mazars Group International Quality Management leader, and a member of the Mazars Group QRM Board.
The PIOB’s Invitation for Application for IAASB members for terms of service beginning in January 2025 is open until February 9, 2024. The IAASB encourages qualified candidates to apply.
Recent years have seen a significant shift in demand for relevant sustainability-related disclosure, reporting, and assurance and the accountancy profession is working to prepare current and future professionals to meet these stakeholder demands. The literature review identifies the new and existing competencies required of professional accountants to provide these services; educational strategies to develop them; and the challenges the accountancy education community will face. The literature review also informed IFAC’s decision to make sustainability-related revisions to the International Education Standards and will contribute to the forthcoming proposed revisions, expected in Q2 2024.
In addition to the literature review, IFAC will host a joint webinar with the International Association for Accounting Education & Research (IAAER) on February 7, 8:00 AM to 9:30 AM EST, featuring a discussion with the review’s lead author. Register for the webinar here.
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 180 members and associates in more than 135 jurisdictions, representing millions of professional accountants in public practice, education, government service, industry, and commerce.
Join IFAC and the International Association for Accounting Education and Research (IAAER) for a webinar on IFAC’s recently published literature review of competencies, educational strategies, and challenges for sustainability reporting and assurance. We will be joined by Erica Neuman, author of the literature review, who will share its key findings.
