|
The Accounting Standards Oversight Council (AcSOC) is pleased to announce the following appointments and reappointments to the AcSOC. - Appointed as AcSOC Chair for a two-year term ending March 31, 2012:
- Denis Desautels, OC, FCA, Corporate Director and former Auditor General of Canada
- Appointed as AcSOC Vice-Chair for a three-year term ending March 31, 2013:
- Kevin Nye, MBA, Senior Vice President, Enterprise Risk Policy & Portfolio Management, Royal Bank of Canada
- New members appointed for three-year terms ending on March 31, 2013:
- Marcel Lauziére, President and CEO, Imagine Canada
- Renaud Lachance, FCA, Auditor General, Quebec
- Richard Neville, FCA, recently retired Vice-President and CFO, Royal Canadian Mint
- Ken Jesudian, CFA, Vice President & Director of Research, Burgundy Asset Management
- Peter Jewett, LLB, Chair of Torys’ Corporate and Capital Markets Practice
- Stephen Belanger, FCA, Partner, Belanger Clarke Follett & McGettigan
- Reappointed for three-year terms ending on March 31, 2013:
- Mark Mettrick, CFA, Managing Director and Head of the Canadian Corporate Ratings Group, Standard & Poor’s, Toronto
- Louis Morisset, LLB, Superintendent, Securities Markets, Québec Autorité des marchés financiers
- Ron Smith, FCA, Corporate Director
The AcSOC is an independent body that oversees the activities of the Accounting Standards Board (AcSB) and Public Sector Accounting Board (PSAB). AcSOC Announces New AcSB Members AcSOC recently approved the following appointments and reappointment to the Accounting Standards Board. - Appointed for three-year terms ending on March 31, 2013:
- Adam Sheparski, CA, Vice President, Financial Reporting and Standards, Sobey’s Inc.
- Anthony Scilipoti, CA, CPA, Executive Vice President, Veritas Investment Research Corporation
- Reappointed for a two-year term ending on March 31, 2012:
- Linda Mezon, CA, CPA, Chief Accountant, Royal Bank of Canada
The AcSB establishes standards and guidance for financial reporting by all Canadian entities outside the public sector and contributes to the development of internationally accepted financial reporting standards. AcSOC Announces New PSAB Members AcSOC recently approved the following appointments to the Public Sector Accounting Board. - Appointed for three-year terms ending on March 31, 2013:
- Byron Rafuse, CMA, Controller of the Province of Nova Scotia
- James Ralston, CA, PhD, Comptroller General of Canada
- Tim Wiles, CA, Deputy Minister, Finance and Enterprise, Government of Alberta
- Cam Weldon, CA, Deputy City Manager and Chief Financial Officer, City of Toronto
The PSAB establishes financial accounting and reporting standards for use by federal, provincial, territorial and local governments. The AcSB and the PSAB are each accountable to AcSOC, an independent body established in September 2000 by the Canadian Institute of Chartered Accountants to oversee their activities. Reporting to the public and consisting of up to 25 prominent business and government leaders, AcSOC brings a broad perspective to complex issues facing standard setters in both the private and public sectors. AcSOC supports the AcSB and the PSAB in setting accounting standards in Canada and in contributing to the development of internationally accepted accounting standards. AcSOC's responsibilities include appointing AcSB and PSAB members and providing input on strategic priorities. AcSOC members, many of whom represent particular constituencies, include regulators, investors and other users, preparers and auditors of financial reports.
|