The Accounting Standards Oversight Council selects interim Chair

July 21, 2022

The Accounting Standards Oversight Council selects interim Chair The Accounting Standards Oversight Council (AcSOC) is pleased to announce that current Vice-Chair, Armand Capisciolto, FCPA, FCA, will serve as AcSB's interim Chair from September 1, 2022 to December 31, 2022.

He takes over from current Chair Linda Mezon-Hutter, FCPA, FCA, CPA (MI), CGMA who joins the International Accounting Standards Board (IASB) as member in September 2022.

Armand will be taking on this role while continuing as National Accounting Standards Partner at BDO Canada, LLP.

Armand has extensive knowledge and experience with the Canadian financial reporting frameworks, servicing private and public companies, not-for-profit organizations, pension plans, and public sector entities. Armand has been on the AcSB Board since November 2009 and was appointed Vice Chair in April 2019. He is a past Chair of the AcSB's Private Enterprise Advisory Committee and a past member of the AcSB's IFRS Discussion Group and the Public Sector Accounting Board's Public Sector Accounting Discussion Group.

The search for a permanent AcSB Chair is ongoing, with a permanent Chair expected to be appointed by the fall.

Current Vice-Chair, Armand Capisciolto, FCPA, FCA, will serve as AcSB's interim Chair.

Current Chair, Linda F. Mezon-Hutter, FCPA, FCA, CPA (MI), CGMA, will be joining the International Accounting Standards Board (IASB), effective September 2022.

About AcSOC

The Accounting Standards Oversight Council (AcSOC) is an independent, volunteer body established in 2000 to serve the public interest by overseeing and providing input into the activities of the Accounting Standards Board (AcSB). In 2003, AcSOC started overseeing and providing input into the activities of the Public Sector Accounting Board (PSAB).

About BDO

BDO Canada LLP is a leading provider of professional services to clients of all sizes in virtually all business sectors. Our team delivers a comprehensive range of assurance, accounting, tax, and advisory services, complemented by deep industry knowledge gained from over 100 years of working within local communities. With more than 1,700 offices in 167 countries, our global BDO network positions us to provide consistent cross-border services to clients with global needs.

BDO Canada LLP, a Canadian limited liability partnership, is a member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO member Firms. For more information, visit: www.bdo.ca.


This press release was originally published by the Accounting Standards Oversight Council (AcSOC).

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