CA(SA) to lead global IFRS Interpretations Committee

Bruce has contributed immensely to the accounting profession throughout his career and notably to the standard-setting processes locally and globally. He previously served as a member of the IFRS Interpretations Committee before becoming a member of the International Accounting Standards Board (IASB) during 2020. Bruce will continue with his role as a member of the IASB while serving as chair of the IFRS Interpretations Committee.

The IFRS Interpretations Committee works closely with the IASB to support the consistent application of IFRS Accounting Standards by responding to application questions that arise in practice. It responds by publishing agenda decisions that often contain explanatory materials or by considering possible changes to the requirements. The IFRS Interpretations Committee comprises 14 experts from around the world.

South Africa was one of the first few countries globally to adopt IFRS and Bruce was instrumental in supporting and assisting companies locally and globally in navigating the application IFRS framework. With this exposure, he brings a wealth of knowledge to the IFRS Interpretations Committee to enable him to steer the Committee in the right direction.

SAICA is appreciative of the support that Bruce he continues to provide as an active SAICA member.

More information on Bruce Mackenzie’s appointment can be found at www.ifrs.org.

About SAICA

The South African Institute of Chartered Accountants (SAICA), South Africa’s pre-eminent accountancy body, is widely recognised as one of the world’s leading accounting institutes. The Institute provides a wide range of support services to more than 50 000 members and associates who are chartered accountants (CAs[SA]), as well as associate general accountants (AGAs[SA]) and accounting technicians (ATs[SA]), who hold positions as CEOs, MDs, board directors, business owners, chief financial officers, auditors and leaders in every sphere of commerce and industry, and who play a significant role in the nation’s highly dynamic business sector and economic development.

Chartered Accountants are highly valued for their versatile skill set and creative lateral thinking, that's why all of the top 100 Global Brands employ Chartered Accountants.

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