Ian Carruthers to Continue Leading IPSASB through 2024

[News]

The International Public Sector Accounting Standards Board (IPSASB) is pleased to announce the re-appointment of its independent Chair, Ian Carruthers, for a third term through 2024.

Mr. Carruthers will continue to lead the Board as it continues to focus on delivering high-quality financial reporting standards for the public sector, inspiring their implementation, and, thereby, strengthening public financial management globally. In the coming four years, he will continue to advance the Board’s ambitious standard-setting agenda while remaining responsive to emerging stakeholders needs and building on the current implementation momentum.  

“There have been few times in history when public sector accountability has been more important than now, as governments worldwide face the huge economic challenges arising from COVID-19,” said Mr. Carruthers. “With many pivotal initiatives on our agenda now and in the next few years, as well as the building implementation momentum globally, I look forward to continuing to lead the IPSASB in serving the public interest, and helping governments to address these challenges effectively and transparently. In doing so, it is a pleasure to work with such a talented Board and staff, and to benefit from the ongoing advice from both IPSASB’s Consultative Advisory Group, and the Public Interest Committee.”

“As the global standard setter for public sector accounting, the IPSASB must continually challenge what it does, and how it delivers timely, relevant and high-quality international standards. Mr. Carruthers’ reappointment assures continuation of the IPSASB’s strong track-record under his leadership,” said James Gunn, Managing Director, Professional Standards.

Mr. Carruthers was initially appointed as IPSASB Chair in 2016. His current term ends in 2021, and his re-appointment is for a final term ending on December 31, 2024.

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.

 

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