UPDATED ON: Thursday, September 14, 2000
Canadian Institute of Chartered Accountants; Accounting Standards Oversight Council:
Thomas Allen; Michael Kirby,
Chair; Vice Chair
From The Globe and Mail
Thomas Allen, QC
Michael Kirby, PC
Robert E. Lord, FCA, Chair of the Canadian Institute of Chartered Accountants (CICA) is pleased to announce the appointments of Thomas Allen as Chair and Michael Kirby as Vice Chair of the newly established Accounting Standards Oversight Council.
Thomas Allen, QC, is a senior partner at Ogilvy Renault Barristers & Solicitors, and the Honourable Michael Kirby, PC, is a member of the Senate of Canada. The Council was established to serve the public interest by overseeing and providing input to the activities of the Accounting Standards Board. The Board is responsible for establishing standards of accounting and reporting by Canadian companies and not-for-profit organizations. The Council will support the setting of accounting standards domestically and contribute to the development of internationally accepted standards. The Council will also provide opportunities for the public to comment on all aspects of accounting standard setting and will report to the public annually on the performance of the Accounting Standards Board.
Members of the Council are: Kerry Adams, FCA, Managing Director, KD Adams & Associates; Mary Best, CA, Partner, PricewaterhouseCoopers LLP; Efrim Boritz, PhD, FCA, Ernst & Young Professor of Accounting, University of Waterloo; Tullio Cedraschi, MBA, President & CEO, CN Investment Division; Tom Connell, MSc, Managing Director, Canadian Ratings, Standard & Poor's; Rob Darling, BA, Senior VP, Securities, Investors Group Inc.; Denis Desautels, FCA, Auditor General of Canada; Paul Goodyear, CMA, Assistant Financial Secretary, The Salvation Army; Glenn Hynes, CA, Executive VP, Strategic Planning, Sobeys Inc.; Tom Kierans, MBA, Chairman, Canadian Institute for Advanced Research; Gilles LaramÉe, CA, Executive VP, Finance, SNC-LAVALIN Group Inc.; William Lovatt, CFA, CGA, Senior VP & CFO, Great West Life Assurance Co.; Massood Oroomchi, BSc, Financial Executive Consultant; John Palmer, FCA, Superintendent of Financial Institutions; Ken Shields, CFA, Chairman & CEO, Goepel McDermid Inc.; Barbara Stymiest, FCA, President & CEO, The Toronto Stock Exchange; Axel Thesberg, FCA, Canadian Managing Partner, Assurance Centre and Professional Practice, KPMG LLP; Pat Walters, PhD, CFA, VP, Advocacy, Association for Investment Management and Research. Observer: Doug Hyndman, MBA, Chair, The Canadian Securities Administrators.