UPDATED ON: Thursday, July 16, 2009
Accounting Standards Oversight Council:
John Wiersema, FCA,
Chair, Public Sector Accounting Board
From The Globe and Mail
Doug Hyndman, Chair of the Accounting Standards Oversight Council is pleased to announce the appointment of John Wiersema as Chair, Public Sector Accounting Board (PSAB) effective April 1, 2009.
John Wiersema, FCA, is currently the Deputy Auditor General of Canada and served as Public Sector Accounting Board’s volunteer Vice-Chair in 2008. Prior to that, he was a Board member for 3 years and has sat on numerous task forces.
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.