The Nominating Committee is comprised of the chair and no less than six members who represent different regions of the world.
The Nominating Committee follows an open and transparent process to select the most suitable candidates for the available positions on the independent standard-setting boards and IFAC Board and Committees. In so doing, it endeavours to balance the nominee’s abilities and professional qualifications with the representational needs of the boards and committees. The Nominating Committee also seeks a broad regional and professional representation, as well as representation from countries with different levels of economic development, as well as gender balance.
Each year, the Nominating Committee issues two Calls for nominations—the call to announce positions on the Independent Standard-Setting Boards and the call to announce positions on IFAC Board and Committees. Nominations for the IFAC Board and committees may be submitted by IFAC member bodies.
Vacancies on the independent standard-setting boards are open for nominations by all stakeholders, including professional accountancy and international organizations, governmental agencies, firms, and the public. Travel support is available to qualified candidates from developing nations, self-nominees, and public members.
The volunteer members of the independent standard-setting boards and IFAC 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).