About the Standards Advisory Council
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The Standards Advisory Council (SAC) is a forum for the International Accounting Standards Board (IASB) to consult a wide range of representatives from user groups, preparers, financial analysts, academics, auditors, regulators and professional accounting bodies that are affected by and interested in the IASB's work.
The Council meets three times a year to advise the IASB on a range of issues, including the IASB’s agenda and work programme.
It also provides advice on single projects with a particular emphasis is on practical application and implementation issues, including matters relating to existing standards that may warrant consideration by the International Financial Reporting Interpretations Committee (IFRIC).
From 2009, the Trustees have decided that nominations to the membership of the SAC will be primarily on the basis of representation of relevant organisations. |
Related documents
- Read the current SAC's Terms of Reference and Operating Procedures.
Download now [PDF]
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Those organisations which are relevant to standard setting of accounting principles will be prioritised. The IASC Foundation has not specified any organisations in advance and encourages all who consider themselves to have an interest to apply.
For reference to the advertisements calling for applications for Membership and Chairmanship of the SAC, visit our Vacancies page.