Darrel Scott became a member of the International Accounting Standards Board (Board) in October 2010, having previously been a member of the IFRS Interpretations Committee and a member of what is now called the IFRS Advisory Council. He was reappointed to the Board to serve a second term in 2015.
Prior to joining the Board, Mr Scott was chief financial officer of FirstRand Banking Group, one of the largest financial institutions in South Africa. He was responsible for both financial reporting under IFRS Standards and regulatory reporting under the Basel II Accords.
He is chairman of the Board’s SME Implementation Group.
Mr Scott studied accounting at the University of the Witwatersrand, South Africa.