Press Releases/News Alerts, Press Releases
Oct 12, 2017
IAESB Chair Chris Austin Reappointed
The International Accounting Education Standards Board™ (IAESB™) is pleased to announce the reappointment of its Chair, Chris Austin, CBE, for a one-year renewable term commencing January 1, 2018. As Chair, Mr. Austin will continue to lead the Board’s work developing accountancy education standards and support materials and ensuring the current and next generations of professional accountants around the world are able to fulfill their roles supporting organizations and economies.
“Under Mr. Austin’s leadership, the board developed a new five-year strategy and work plan that lays out new strategic areas of focus on standards development, implementation support, and stakeholder engagement,” said James Gunn, Managing Director, Professional Standard. “Mr. Austin has also helped change how the board accomplishes its goals by empowering tasks forces, emphasizing proactivity, and ensuring use of all IAESB members’ expertise.”
"I am incredibly honored to be reappointed, and to continue to work with some of the best in the industry as together we improve, expand, and shape how the next generation of budding accountants are taught," said Mr. Austin. “The Board is passionate about the important role accountants play in developing high-quality financial and non-financial information. We have designed an ambitious work plan that seeks to advance accountancy education and we look forward to implementing it.”
Mr. Austin is a senior civil servant with more than 30 years of experience. He was recently appointed Head of the UK Taskforce on Hurricane Irma and Maria, UK Department for International Development (DFID). Immediately prior, he was the DIFD Country Director for Afghanistan, based in Kabul, where he managed the UK’s £178 million annual support for economic development. Previous positions include Head of the UK’s Stabilisation Unit, providing policy and operational support to the UK’s responses to conflict and crises, and Director, G8, covering negotiations with G8 partners and engaging with governments, non-governmental organizations, and the private sector on extractives, land governance, and open data. Mr. Austin was appointed CBE in the 2017 New Year Honours.
About the IAESB
The IAESB develops education standards, guidance, and information papers for use by IFAC member organizations under a shared standard-setting process involving the Public Interest Oversight Board, which oversees the activities of the IAESB, and the IAESB Consultative Advisory Group, which provides public interest input into the development of the standards and guidance. The structures and processes that support the operations of the IAESB are facilitated by IFAC.
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 more than 175 members and associates in more than 130 countries and jurisdictions, representing almost 3 million accountants in public practice, education, government service, industry, and commerce.