UPDATED ON: Thursday, July 16, 2009
Accounting Standards Oversight Council:
Tricia O’Malley, FCA,
Chair, Accounting Standards Board
From The Globe and Mail
Doug Hyndman, Chair of the Accounting Standards Oversight Council is pleased to announce the appointment of Tricia O’Malley as Chair, Accounting Standards Board, effective June 2009.
Tricia O’Malley, FCA, is the former Director of Implementation Activities for the International Accounting Standards Board and a founding member of the International Accounting Standards Board. She previously served as the first full-time Chair of the (AcSB), from 1999 to 2001.
The Accounting Standards Oversight Council (AcSOC) is an independent, volunteer body established by the Canadian Institute of Chartered Accountants that serves the public interest by overseeing and providing input on the activities of the Accounting Standards Board and Public Sector Accounting Board. AcSOC’s responsibilities include appointing AcSOC, AcSB and PSAB members. Reporting to the public and comprised of representatives that include regulators, investors and other users, preparers and auditors of financial reports, AcSOC brings a broad perspective to complex issues facing standard setters in both the private and public sectors.