ASAF membership for 2022-2024

On 15 February 2022, the Trustees of the IFRS Foundation announced the membership of the Accounting Standards Advisory Forum (ASAF) for the next three years (2022-2024)

Keywords: Mazars, Thailand, IFRS, ASAF, IASB

23 April 2022

(press release available here).

Readers will be aware that ASAF is an advisory board whose remit is to improve communication between the IASB and the major national and regional standard-setters.

ASAF holds public meetings four times a year, which can be watched live on the IFRS Foundation website. The first ASAF meeting with the new membership structure will take place on 31 March and 1 April 2022.

The 12 members of the group represent different geographical areas, as follows:

  • Africa: one representative (the Pan African Federation of Accountants (PAFA));
  • Asia-Oceania: four representatives (the Asian-Oceanian Standard-Setters Group (AOSSG), the Accounting Standards Board of Japan (ASBJ), the Accounting Regulatory Department of the Chinese Ministry of Finance (ARD), and the Korea Accounting Standards Board (KASB));
  • Europe: four representatives (the European Financial Reporting Advisory Group (EFRAG), the Autorité des Normes Comptables (ANC) representing France, the UK Endorsement Board (UKEB) and the Accounting Standards Committee of Germany (ASCG or DRSC));
  • The Americas: three representatives (the Group of Latin American Accounting Standard Setters (GLASS), the Canadian Accounting Standards Board (AcSB) and the Financial Accounting Standards Board (FASB) representing the US).