In September 2013, Sven Morich joined the Accounting Standards Committee of Germany (ASCG) as a Technical Director and was promoted to its Executive Director in December 2017. In his role, he is contributing to the ASCG’s objectives of elaborating recommendations on the application of German GAAP, providing advice to the Federal Ministry of Justice on accounting regulations, representing Germany in international standard-setting bodies; and elaborating interpretations of the international accounting standards within the meaning of German Law.
Sven has a background as Head of PricewaterhouseCoopers (PwC) Assurance Capital Markets & Accounting Advisory Services, Berlin Office. He has demonstrated growing experience over 10 years regarding the conversion towards and the implementation and application of IFRS as a member of PwC’s technical expert group until 2013. Sven’s PwC experience is not limited to statutory audits and IFRS quality assurance for listed clients but also covers accounting consultancy services in IFRS conversion projects as well as the implementation of accounting software solutions.
Sven is an expert in accounting and financial reporting and has demonstrated relevant active experience in the past. He is very well experienced in the practical application of and advising on the use of IFRS, more specifically in the energy and utilities sector. He is also capable of developing new thinking on accounting and financial reporting concepts and applications. From his current position at the ASCG, he has a very good understanding of the work of national standard-setting and regulatory bodies with an interest in financial reporting in Germany.
Furthermore, he built up an academic career as a professor at the University of Applied Sciences Europe – UE (Global University Systems) in 2016. He teaches courses in management accounting and financial reporting.
Additionally, he has practical experience with the European constituency from his secondment with EFRAG as a Project Manager from 2006 to 2008.
Sven holds a doctoral degree in business administration from the Technical University of Braunschweig. He is registered as a German public accountant (“Wirtschaftsprüfer”) and tax advisor (“Steuerberater”).