Stephanie Fox has been named as Technical Director for the International Public Sector Accounting Standards Board (IPSASB) on August 31, 2006, Fox, who will be based in Toronto, Canada, will assume the position on September 1, 2006. Fox takes over from Paul Sutcliffe who is retiring as a full-time Technical Director. Moreover, Mr. Sutcliffe will continue to work for the IPSASB on specific projects senior advisor on a part time basis.
Fox has extensive experience in public sector accounting standard setting and in working with all levels of government, in addition to having worked with public accounting firms. Recently she served as a Senior Reviewer for the Canadian Public Accountability Board. She also participated on the steering committee for the IPSASB’s project on non-exchange revenue.
The Chief Executive of the International Federation of Accountants (IFAC) Ian Ball stated “Fox’s technical expertise and strong communications and leadership skills will be of great assistance to the IPSASB…she will play a key role in improving the quality of financial reporting and financial management of public sector entities.”
The IPSASB, as an independent standard-setting board of the International Federation of Accountants (IFAC), focuses on the accounting and financial reporting needs of national, regional, and local governments. The primary goal of the IPSASB is to achieve convergence in financial reporting between different governments, with the private sector, and between financial reporting and economic statistics.
IFAC is the worldwide organization for the accountancy profession dedicated to serve the public interest by strengthening the profession and contributing to the development of strong international economies.
For more information please visit the following website: www.ifac.org