Shah, BSBA’96, joins accounting Foundation

  • August 9, 2017
  • By WashU Olin Business School
  • 2 minute read

The IFRS® Foundation has appointed Nili Shah, Olin BSBA’96, as Executive Technical Director. She will lead the technical staff that support the International Accounting Standards Board (Board) and be responsible for the coordination and delivery of all technical activities in line with priorities set out by the Board.

Nili Shah, Olin BSBA’96Ms. Shah has nearly two decades’ experience with IFRS Standards. As Deputy Chief Accountant of the Division of Corporation Finance of the US Securities and Exchange Commission (SEC), she addressed technical accounting issues arising from the Division’s review of the approximately 500 SEC registrants that file financial statements prepared using IFRS Standards.

She has also provided feedback on the Board’s technical consultations and supported the SEC staff’s discussions on IFRS Standards within the International Organization of Securities Commission’s (IOSCO) accounting technical committee. [1] Before joining the SEC, she served in the private sector, assisting European companies in their preparations to adopt IFRS Standards.

Ms. Shah has led multiple cross-organisational teams to improve disclosures, identify emerging technical issues and develop policies to promote consistency and compliance. She also oversaw the technical accounting training programme for around 200 staff and was responsible for the Division of Corporation Finance’s preparation for adoption of the new revenue Standard.

Ms. Shah worked for PwC in the UK and the US from 1996 to 2004. She has a Bachelor of Science in business administration from Washington University and is a Certified Public Accountant (CPA) and a CFA® charterholder.

Hans Hoogervorst, Chairman of the Board, said: “Nili has been deeply involved in accounting standard-setting for almost two decades. She brings a wealth of relevant technical and organisational experience to the IFRS Foundation and will play a key role in delivering the Board’s work plan.”

Commenting on her appointment, Nili Shah, said: “I look forward to working with the Board members, the staff and the wider standard-setting community to help deliver on the Foundation’s mission.”

Ms. Shah will start her new role in October 2017.

Source: News Release from IFRS

Thanks to Christine Botosan for sharing this news with the Olin Blog.

[1] Committee on Issuer Accounting, Audit and Disclosure (Committee 1)

The IFRS Foundation is a not-for-profit, public interest organisation established to develop a single set of high-quality, understandable, enforceable and globally accepted accounting standards—IFRS Standards—and to promote and facilitate adoption of the standards.

IFRS Standards are set by the IFRS Foundation’s standard-setting body, the International Accounting Standards Board.

Find out more about the structure of the IFRS Foundation and our consultative bodies.

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