The Trustees of the IFRS® Foundation responsible for the governance and oversight of the International Accounting Standards Board (Board), have appointed Guy Jones and Goro Kumagai to the IFRS Interpretations Committee.The IFRS Interpretations Committee, the interpretative body of the Board, responds to questions from stakeholders about the application of IFRS Standards by publishing educative Agenda Decisions and, if required, by developing interpretations (called IFRIC Interpretations) or amendments to the Standards.
Guy Jones is a Partner in the Toronto office of EY's Professional Practice Group and a member of EY's Global IFRS Policy Committee. He has three decades of experience in the resolution of accounting and corporate reporting issues, as well as experience with Canadian and US regulatory matters. He is also a Member of the Canadian Accounting Standards Board's IFRS Discussion Group and the Canadian Securities Administrators Financial Reporting Advisory Committee.
Goro Kumagai is a Senior Fellow of the Markets Strategic Intelligence Department at Mizuho Securities Co., and a Visiting Professor of the Graduate School of Management at Kyoto University. Mr Kumagai is currently Vice-Chair of the IFRS Advisory Council, the strategic advisory body to the Board and the Trustees, representing the Securities Analysts Association of Japan, and will step down as a member of the Council upon his appointment to the IFRS Interpretations Committee.
The appointments are for a three-year term (eligible for renewal once), commencing 1 July 2018.