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World Accounting Report


One piece of good news to start the new year is that Jean-Paul Gauzès, who was the subject of an interview in the previous edition of WAR, has been awarded the order of Officier de la Légion d’Honneur, in recognition of his accomplishments as an MEP and as President of the EFRAG Board; our congratulations to Mr Gauzès. The new year also marks the end of an era at EFRAG as Stig Enevoldson has retired from the Board. Mr Enevoldsen is well known to anyone who has been involved with IFRS in Europe, as he has been contributing to the work of EFRAG since 2001. As EFRAG Chairman between 2004 and 2010, he was the public face of the organisation and contributed hugely to its success. Another familiar name in Brussels is that of Olivier Guersent, former Head of the cabinet office of Michel Barnier, when he served as Commissioner for Internal Market and Services. Mr Guersent subsequently became Director General of Directorate General for Financial Services, Financial Stability and Capital Markets Union (DG FISMA) which counts the endorsement of IFRS, non-financial reporting and audit within its remit. The European Commission announced in December that he will now take the helm as Director General of DG Comp [Competition]. His successor at DG FISMA has not yet been announced but will certainly have a challenge if they are to match Mr Gusersent’s knowledge of and interest in corporate reporting.

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