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Accounting Standards Review Board Appointments

Commerce Minister Paul Swain has announced one re-appointment and two new appointments to the Accounting Standards Review Board.

The Accounting Standards Review Board is the sole approval body for financial reporting standards in New Zealand. The Chairman of the Board is John Hagen.

The member re-appointed is:

Dr Ian Ball
Ian Ball is the leading specialist in the field of public sector accounting; an area in which New Zealand is considered a world leader. Ian is Professor of Accounting and Public Policy at Victoria University. His consulting and research interests include governmental financial management and reform processes in a range of countries. Ian is also the Principal of Public Sector Performance (NZ) Ltd. His company specialises in the design and implementation of public sector management systems and in the provision of customised public sector management training. He is in the first year of a three-year term on the newly formed Standards Advisory Council of the International Accounting Standards Board.

Ian’s warrant is for two years, however he has just been appointed as Chief Executive of the International Federation of Accountants and will now surrender his warrant in June 2002.

“I wish Ian well in his new role and hope that we see him back in public roles in New Zealand in the future,” Paul Swain said.

The two new members of the Panel appointed for five-year terms are:

Ms Liz Hickey
Liz Hickey is a chartered accountant with 25 years experience. She is a consultant who specialises in advising on complex accounting, reporting and disclosure issues including accounting for financial arrangements and financial instruments. Prior to this Liz was a partner at Ernst & Young advising large corporates. In her capacity as Chair of the Financial Reporting Standards Board, a position she held for six years, Liz represented New Zealand in international accounting standard setting forums. Ms Hickey is member of the Securities Commission and is on the Board of Governors of Radio New Zealand.

Professor Fawzi Laswad
Fawzi Laswad is the professor of accounting at Lincoln University, lecturing in financial reporting at the undergraduate and postgraduate programmes. He is a member of a number of standard-setting working parties of the Institute of Chartered Accountants of New Zealand, the academic committee and the admissions board of the Institute, and the academic board of Advanced Business Education Limited (Professional Accounting School). Fawzi is also president and member of the executive of the Accounting Association of Australia and New Zealand. He has wide research interests with a focus on financial reporting. He is currently involved in research into how the Internet is challenging and affecting traditional financial reporting formats.

Ends

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