Kellas Named Head of International Standard-Setting

John Kellas has been reappointed as the chair of the International Auditing and Assurance Standards Board (IAASB), which is related to the International Federation of Accountants (IFAC). Kellas will enter his second term as head and has served on the IAASB since 2000; before that, he was active in auditing standard-setting in the UK. Kellas was praised by IFAC President Graham Ward for increasing public input in the standard-setting process and building relationships with national standard-setting agencies. Among the goals for the IAASB is development of unified international auditing standards with the intent of having these standards adopted by the European Union.