Volunteer Opportunity – Accounting Standards Oversight Council 

The Accounting Standards Oversight Council (AcSOC) is looking for new members! 

The Council needs prominent members of the Canadian business and professional community to protect the public interest by overseeing the activities of the private and public sector accounting standard-setting processes.   

About the Council

AcSOC is an independent, volunteer body established by the Chartered Professional Accountants of Canada (previously the CICA) in 2000. The Council serves the public interest by overseeing and providing input into the activities of the Accounting Standards Board (AcSB) and the Public Sector Accounting Board (PSAB). 

Past and present AcSOC members include prominent members of the business, professional and government community, and academia. Current members include regulators, senior lawyers, investors and other users, and preparers and auditors of financial reports. 

We need you

We are looking for candidates with:  

  • experience in financial reporting as it relates to either public companies, private companies, not-for-profit organizations (NFPOs) and government sectors; and 
  • background either as a financial statement preparer, auditor, audit committee member, business or investment adviser, or with another type of user perspective.  

In particular, we are interested in candidates who either:  

  • work in the not-for-profit sector or have significant experience within NFPOs; 
  • have a public policy background;
  • work or are involved in the investment community; or
  • have previous standard-setting experience.

Please note:  

  • It is not necessary for Council members to hold a professional accounting designation. We strive to ensure that a third of the membership does not hold such a designation. 
  • In particular, while not limited to these areas, we encourage applications from individuals based in Eastern Canada. 

What’s in it for you

  • Work with and debate issues of public interest and financial reporting with other prominent members of the Canadian business, professional, and government community.
  • Learn about the role various organizations play to ensure that investors and the public-at-large can rely on and trust the Canadian accounting standard-setting processes. 
  • Understand the processes by which accounting standards are established. 
  • Recognize the challenges involved in setting standards that apply to both large and small entities, and the implications of these challenges on oversight. 
  • Have the opportunity to give back, while gaining in-depth knowledge and experience. 

About the role

  • There are three two-day meetings a year, two of which take place in Toronto and one in another Canadian city.  
  • This is a volunteer position that includes travel and other relevant cost reimbursement. 
  • The working language is English. 

Apply today!

Applications due by Friday, August 30, 2019.