NZ Accounting Standards Board Chair appointment

The External Reporting Board (XRB) is delighted to announce the appointment of a new Chair of the New Zealand Accounting Standards Board (NZASB). Carolyn Cordery will take up the position from early 2021.

Carolyn is well known in accounting standard circles, having previously played a key role in the original development of New Zealand’s current suite of financial reporting standards.

XRB Chief Executive, April Mackenzie, welcomes Carolyn’s appointment. “We are very pleased to have someone of Carolyn’s calibre and expertise to lead the NZASB,” she said.

“While Carolyn is known for her expertise and knowledge of the not-for-profit sector, Carolyn also has a broad range of experience across all fields of financial reporting and assurance,” she said.

Carolyn says she is looking forward to taking on the challenge of maintaining the quality of New Zealand accounting standards, while also ensuring they meet future user-needs in this continually evolving environment.

“I am excited to be appointed to this important role to help build and maintain the trust and confidence of external reporting in New Zealand – whether it is from the corporate, public or not-for-profit sectors,” she said.

Carolyn is currently Professor of Charity Accounting and Accountability at Aston Business School in Birmingham, UK.  She holds a position at the School of Accounting and Commercial law at Victoria University of Wellington, where she had also obtained her PhD and had worked since 2005. Carolyn was a NZASB Board member from 2011-2016.

Carolyn has undertaken commissioned research projects, published internationally, and is on the editorial board of several academic journals. She teaches risk management, financial reporting and audit. She is a Fellow of Chartered Accountants Australia and New Zealand and a Fellow of CPA Australia.