Press Releases/News Alerts, Press Releases
Dec 11, 2017
New York, New York
New Chair Joins International Accounting Education Standards Board Advisory Group
Professor Ray Johnson has been elected Chair of the International Accounting Education Standards Board™ (IAESB™) Consultative Advisory Group (CAG) for a three-year term beginning January 1, 2018. Prof. Johnson is currently a member of the IAESB CAG, where he has served since 2016, as well as from 2012 to 2014.
As chair, Prof. Johnson will lead the IAESB CAG—an independent body comprising stakeholders with an interest in international accounting education—in providing strategic and technical advice in the public interest to the IAESB. Prof. Johnson will play a key role in ensuring that the CAG’s views are heard and considered in the IAESB’s execution of its strategy and work plan.
“As a CAG member, Prof. Johnson played an important role in clarifying proficiency levels for professional accountants’ initial professional development, which are key components of the revised International Education Standards,” said IAESB Chair Chris Austin. “The IAESB has benefited greatly from outgoing CAG Chair Keith Bowman’s leadership, and I thank him deeply for his steadfast commitment to the public interest. We are grateful to have Prof. Johnson as another strong leader at the helm of the CAG.”
Prof. Johnson is currently a Director at Large of the US National Association of State Boards of Accountancy (NASBA) and Chair of the NASBA Education Committee (2015-2018). Prof. Johnson, a Certified Public Accountant, has been extensively involved in accounting and auditing education for more than 40 years, including teaching at universities in Australia, the UK, and the US and sitting on or chairing dozens of accounting education committees and boards.
“I believe strongly in the importance of a high-quality accounting education as the foundation for all professional accountants. It is where professional accountants build their foundation in ethics, professional judgement, and professional skepticism, among other key elements,” said Professor Johnson. “I am honored to lead the IAESB CAG and the key role it plays in developing strong professional standards for accounting education that are fit for the future.”
The IAESB CAG is an integral part of the IAESB’s standards development process and plays an important role advising the board on fulfilling its public interest remit. The CAG is an independent body currently consisting of 15 member organizations—including regulators, academic associations, academics, and professional organizations with an interest in international accounting education. It provides advice on technical and public interest matters pertaining to the development of the IAESB’s International Education Standards and support materials.
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.