The Nominating Committee makes recommendations to the IFAC Board, Council, and Public Interest Oversight Board (PIOB), as appropriate, regarding the composition of the independent standard-setting boards—the International Auditing and Assurance Standards Board, International Accounting Education Standards Board, International Ethics Standards Board for Accountants, and International Public Sector Accounting Standards Board—and the IFAC Board and committees.
The Nominating Committee is guided by the principle of selecting the best person for the position. In so doing, it endeavors to balance the nominee’s abilities and professional qualifications with a desire for representational diversity on the boards and committees. The Nominating Committee also seeks a broad geographical and professional representation as well as representation from countries with different levels of economic development.
Each year, the Nominating Committee issues a call for nominations. Beginning in 2014, the Nominating Committee will issue two calls—Call for Nominations for the Independent Standard-Setting Boards and Call for Nominations for the IFAC Board and Committees.
Nominations for the independent standard-setting boards may be submitted by all stakeholders, including international organizations, governmental agencies, self-nominations by the general public, as well as IFAC member bodies and the Forum of Firms.
Nominations for the IFAC Board and committees may be submitted by IFAC member bodies.
The volunteer members of the boards and committees are central to their effective functioning. Volunteers contribute mainly through active participation in meetings, task forces, and working groups, and are committed to acting in the public interest (see Expectations for Volunteers for more information)