04 Mar 2024

MGI Worldwide member appointed to PIOB inaugural Stakeholder Advisory Council

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A big congratulations to Hina Usmani of Ilyas Saeed, Pakistan, on her appointment to the newly formed Stakeholder Advisory Council (SAC) established by PIOB.

The Public Interest Oversight Board (PIOB) has established the first Stakeholder Advisory Council (SAC) to the International Ethics Standards Board for Accountants (IESBA) and the International Auditing and Assurance Standards Board (IAASB), collectively the Standard-Setting Boards (SSBs).

The SAC will provide valuable strategic advice from a multi-stakeholder perspective to the IESBA and the IAASB on their strategies, work plan priorities and projects, and will be an important contributor to assisting the SSBs in being responsive to the public interest. The establishment of the SAC is a further milestone in implementing the Monitoring Group (MG) Recommendations to achieve an independent and inclusive multi-stakeholder standard-setting system that is responsive to the public interest in the development of timely, high-quality audit, assurance, ethics and independence standards that respond to an accelerated pace of change.

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Hina comments: "It is an absolute honour to be part of this newly formed Stakeholder Advisory Council (SAC) for providing strategic advice to International Ethics Standards Board for Accountants (IESBA) and International Auditing and Assurance Standards Board (IAASB) under the leadership of Alan Johnson CMG.  It offers immense opportunity of enhancing knowledge within a 30-member Council from around the world and sharing insights at this prestigious forum."

See the SAC composition HERE. The SAC will hold its first meeting on April 29-30, 2024.

The PIOB

The Public Interest Oversight Board (PIOB) is the global independent oversight body that seeks to improve the quality and public interest focus of the international audit and assurance, and ethics standards formulated by the International Standard Setting Boards.

For more information on:
The SAC please visit the SAC website
The PIOB please visit the PIOB website

To find out more, contact Hina at Ilyas Saeed & Co.

 

MGI Worldwide, is a top 20 ranked global accounting network and association with over 8,000 professionals, accountants and tax experts in some 400 locations in almost 100 countries around the world.