New members appointed to accounting standards board

Auditor General Fraser named vice chair of PSAB

By: IE Staff
April 14, 2003 April 14, 2003
10:30

The Auditor General of Canada, a senior director at Finance Canada, a recently retired Nova Scotia MLA, the general manager of the City of Ottawa, and a professor of accounting at the University of Saskatchewan have all been appointed to positions with the Canadian Institute of Chartered Accountants’ Public Sector Accounting Board, the body responsible for setting accounting standards for all levels of government.

Sheila Fraser, the Auditor General of Canada and a PSAB member, has been appointed PSAB Vice Chair for 2003-2004 and Chair for 2004-2005. Daryl Wilson, Auditor General of New Brunswick, continues to serve as Chair for 2003-2004. PSAB also announced the re-appointment of Doug Fisher, Director of Finance for the City of Regina, to the board.

New PSAB members announced today include Peter De Vries, Director, Fiscal Policy, with the federal Department of Finance. De Vries’s division is responsible for the analysis and forecasting of the government’s financial position and preparation of the budget. He was also a member of the PSAB task force that developed the new government reporting model issued this year.

Also joining PSAB is Donald Downe, just retired MLA for Lunenberg West. Downe has held the positions of Deputy Premier and Minister of Finance in his native Nova Scotia, and most recently served on that province’s public accounts committee.

Other new members are:

Nola Buhr, Associate Professor of Accounting at the University of Saskatchewan; and
Kent Kirkpatrick, General Manager with the City of Ottawa.

“The new and re-appointed members to PSAB are an incredibly accomplished and diverse group,” said Wilson. “We very much appreciate the commitment of their time, expertise and experience to public sector accounting, and know they will make a tremendous contribution to standard-setting in the years to come.”

In related news, Richard J. Neville, Deputy Comptroller General of Canada and until March, 2002 the Chair of PSAB, has been named as Canada’s representative to the International Federation of Accountants’ International Public Sector Committee, effective April 1, 2003.