KPMG establishes new International Standards Group

KPMG International has set up a new International Standards Group, based in London, to support its goal of achieving global consistency in the application of International Financial Reporting Standards (IFRS) and International Standards on Auditing (ISAs). Mary Tokar is the new Head of the KPMG International Financial Reporting Group (IFRG). Previously she was a partner in the department of professional practice in KPMG’s US member firm. Sylvia Smith is a seconded partner from KPMG in Canada, previously based in Toronto. As Head of KPMG’s International Standards on Auditing (ISAs) Group since 2001, she will now operate the ISA Group out of London as part of the International Standards Group.