Mark Allison Elected to Lead IFAC's International Accounting Education Standards Board

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    Dec 22, 2008
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    Mark Allison Elected to Lead IFAC's International Accounting Education Standards Board

    The International Federation of Accountants (IFAC) has appointed Prof. Mark Allison, MA, CA, as Chair of the International Accounting Education Standards Board (IAESB), an independent standard-setting board under the auspices of IFAC. Mr. Allison's appointment, which has been approved by the Public Interest Oversight Board (PIOB), is for a three-year term, beginning January 1, 2009. The PIOB oversees the IAESB's activities to ensure that they are properly responsive to the public interest.

    As Chair of the IAESB, Mr. Allison will lead the IAESB's continuing efforts to develop high quality International Education Standards (IESs) and guidance and promote their convergence globally.

    "Mark Allison brings a significant depth of international accountancy education experience to his new role as IAESB Chair," says IFAC CEO Ian Ball. "He will be the driving force behind delivering IAESB's 2010-2012 Strategic and Operational Plan, which focuses on developing good practice guidance in accountancy education and identifying and communicating the public interest value of IAESB's work."

    "It's a great honor to lead the IAESB for the next three years," Mark Allison said of his appointment, "At a time when a great deal of public attention is focused on financial stability, the role of accountants in rebuilding confidence is crucial. The work of the IAESB is important in ensuring that professional accountants have the right training and development to deliver the transparency and quality of financial information that investors and the public expect."

    Mr. Allison will combine his role as IAESB Chair with his current position as Executive Director, Education and International at The Institute of Chartered Accountants of Scotland. He also serves as a visiting professor at Robert Gordon University, Scotland. He has more than 20-years of experience participating in accountancy education projects globally with organizations such as the European Union, the World Bank, and the United Nations Conference on Trade and Development (UNCTAD).

    About the IAESB and IFAC
    The IAESB (, an independent standard-setting board within IFAC, develops standards and guidance on prequalification education, training, and continuing professional education and development for all members of the accountancy profession.

    IFAC ( is the global organization for the accountancy profession, dedicated to serving the public interest by strengthening the profession and contributing to the development of strong international economies. IFAC is comprised of 158 members and associates in 122 countries and jurisdictions, representing more than 2.5 million accountants in public practice, education, government service, industry and commerce. The organization, through its independent standard-setting boards, sets international ethics, auditing and assurance, education, and public sector accounting standards. IFAC also issues guidance to encourage high quality performance by professional accountants in business.


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