Nama : Ihsan Dwi Gunawan

NPM : 022116099
Semester : 6 B- Konsen
International Accounting Standards Boards (IASB)
About
The International Accounting Standards Boards (IASB) is an independent, private-sector body that
develops and approves International Financial Reporting Standards (IFRS). The IASB operates under the
oversight of the IFRS foundation. The IASB was formed in 2001 to replace the Interantional Accounting
Standards Committee (IASC). A full history of the IASB and the IASC going back to 1973 is available on the
IASB website.
Members
The IASB originally had 14 f ull-time Board members, each with one vote. They are selected as a group of
experts with a mix of experience of standard-setting, preparing and using accounts, market/f inancial
regulation and academic work as well as f rom diverse geographical backgrounds. At their January 2009
meeting, the Trustees of the Foundation concluded the f irst part of the second Constitution Review,
announcing the creation of a Monitoring Board and the expansion of the IASB to 16 members and giving
more consideration to the geographical composition of the IASB. Af ter the Trustees’ Review of Structure
and Ef f ectiveness in 2015, the number of members were in 2016 again set to 14 members.
As of December 2018, the members included:"Members of the IASB" IFRS Foundation, 2018.
1. Hans Hoogervorst (Chair), Netherlands, f ormer Minister of Health, Minister of Finance
2. Sue Lloyd (Vice-chair)
3. Nick Anderson, UK, Janus Henderson Investor
4. Martin Edelmann, Germany, former Group Reporting at Deutsche Bank AG
5. Françoise Flores, France
6. Amaro Luiz de Oliveira Gomes, Brazil
7. Gary Kabureck, US
8. Jianqiao Lu, China
9. Takatsugu Ochi, Japan
10. Darrel Scott, South Af rica
11. Tom Scott, Canada
12. Chungwoo Suh, Korea Republic
13. Ann Tarca, Australia
 14. Mary Tokar, US
Former IASB members include James J. Leisenring, Robert P. Garnett, Mary Barth, David Tweedie, Gilbert
Gélard, Warren McGregor, and Tatsumi Yamada.
The IASB’s role
Under the IFRS Foundation Constitution, the IASB has complete responsibility for all technical matters of
the IFRS Foundation including :
• full discretion in developing and pursuing its technical agenda, subject to certain consultation
requirements with the Trustees and the public
• the preparation and issuing of IFRSs (other than Interpretations) and exposure drafts, following
the due process stipulated in the Constitution
• the approval and issuing of Interpretations developed by the IFRS Interpretations Committee
Formation of working groups
Under the IFRS Foundation Constitution, the IASB will normally form working groups or other types of
specialist advisory groups to give advice on major projects. Before setting up a working group, the IASB
advertises for nominations and applications. The composition of a working group reflects the diversity
and breadth of interest involved in a particular area. The IFRS Foundation Trustees' Procedures Committee
reviews the proposed composition of each group to ensure that there is a satisfactory balance of
perspectives. An IASB member serves as chairman.
Role of working groups
• In the early phases of a project, working groups help identify issues, alternative approaches, and
priorities.
• As a project moves through deliberations, the Board asks working groups to advise on key issues,
especially as those issues may raise implementation questions.
• After the Board has issued a discussion document and an exposure draft, advisory groups help
the Board to understand and analyse the comments received.
• The role of a working group is advisory. Working groups are not asked to reach consensus views
or to make recommendations as a group