The Nominating Committee consists of at least six voting members—two ex-officio members (IFAC’s president and deputy president) and no less than four ordinary members of whom two may be IFAC Board members. Nominating Committee members have to be members of a member dody, and are appointed by the IFAC Council and the Public Interest Oversight Board on the recommendation of the IFAC Board. IFAC’s chief executive officer serves as secretary of the Nominating Committee and has speaking, but not voting, rights.
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The International Auditing and Assurance Standards Board sets high-quality international standards for auditing, assurance, and quality control that strengthen public confidence in the global profession.
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The International Ethics Standards Board for Accountants sets high-quality, internationally appropriate ethics standards for professional accountants, including auditor independence requirements.
The International Public Sector Accounting Standards Board develops standards, guidance, and resources for use by public sector entities around the world for preparation of general purpose financial statements.
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Nominating Committee Members