The Trustees of the IFRS Foundation have announced the new composition of the Accounting Standards Advisory Forum (ASAF), a technical advisory body to the International Accounting Standards Board (IASB), for the next three years.
ASAF comprises 12 non-voting members, represented by designated individuals, and is chaired by either the Chair or Vice-Chair of the IASB. The composition of ASAF members with immediate effect is:
| Region | Members |
|---|---|
| Africa | Pan African Federation of Accountants |
| Asia-Oceania (including one at large) | Asian-Oceanian Standard-Setters Group Accounting Standards Board of Japan Accounting Regulatory Department, Ministry of Finance PRC (ARD) Korea Accounting Standards Board |
| Europe (including one at large) | European Financial Reporting Advisory Group Autorité des normes comptables UK Endorsement Board Accounting Standards Committee of Germany |
| The Americas | Group of Latin American Accounting Standard Setters Canadian Accounting Standards Board Financial Accounting Standards Board, US |
The ASAF membership criteria can be found in the ASAF Terms of Reference.
ASAF meets four times a year. All meetings are held in public and can be followed live via webcasts on the IFRS Foundation’s website. The first meeting of ASAF with its new composition will take place on 31 March and 1 April 2022.