Yousouf Hansye

MSc in Law and Accounting,  2012
Project Manager,  International Accounting Standards Board (IASB)

Please describe your career path to date

I joined the International Accounting Standards Board (IASB) as a project manager in December 2014. Prior to that I was a Technical Manager at BDO Mauritius where I was responsible to oversee and participate in all important initiatives related to the application of International Financial Reporting Standards (IFRS). Additionally, I acted as Chairman of the Standards Review Panel (SRP), from January to November 2014, which was established by the Financial Reporting Council (FRC) Mauritius to whom the standards setting role has been delegated to.

Tell us about your current job   

As a Project Manager at the IASB, I work on a broad range of initiatives that support the global understanding, consistent application and reputation of IFRS and the IFRS for SMEs. My main duties include developing training materials, participate in presentations at regional and international IFRS conferences and present to delegations from around the world that visit the IASB and at training workshops.

Why did you choose this job?   

I have a profound interest in IFRS and I am experienced in technical financial reporting matters. Consequently, I was interested in getting to the heart of accounting standards setting. Moreover, I am dedicated to the long-term goal of the IASB to develop a single set of high quality, understandable, enforceable and globally accepted financial reporting standards based upon clearly articulated principles and the goal of promoting the adoption and consistent application of IFRS.

What do you like most about your job? Is there anything that you dislike?         

The main attraction of my work is its dynamic and diverse nature. My role is not only an issue of technical accounting; effective written and oral communication skills are equally important to build effective working relationships. I also like the useful insights I have gained into the working practices, such as understanding what issues need to be considered as part of the Education Initiative to support both the global understanding and the reputation of IFRS and IFRS for SMEs. I also enjoy the opportunity to work directly with some amazing people in a flat hierarchy. 

Finally, my job involves a fair amount of travel. As I like travelling and discovering new cultures, I relish this part of my job. I have had the chance to travel to a resort located on the eastern shore of the Dead Sea for an IFRS conference, which was a truly unique experience.

What career plans do you have for the future?                

I would like to remain in the area of financial reporting but I may seek a more senior technical role after working with the IASB for a couple of years. I also intend to pursue further studies, and I may be completing a PhD in Accounting or an Executive MBA but I would prefer part-time studies as it’s more rewarding.

Thinking back, why did you choose your degree subject and why did you choose LSE?  

Financial law and accounting fascinates me and my diverse work experience and academic background provided me a perfect foundation for this course. Also, I was drawn to the challenges I would find at the intersection of regulation and financial law. Moreover, I knew the degree would make me extremely marketable upon graduation. With the rapid and wide-ranging changes in financial markets around the world and in the regulatory environment in which they operate, there is a growing need for professionals with expertise in both finance and financial law. Therefore, I was keen to study for a course that appropriately blends these two components that really swayed my decision to apply.

I chose to study at the LSE because it is the leading social science institution in the world. Both the Law Department and the Accounting Department have an international reputation for teaching and research. At LSE I knew I would have the privilege to be taught by the world’s leading experts in their fields. Furthermore, the School is located in the centre of London.

How has your time at LSE helped you so far in your career?       

Studying in an academically rigorous environment like the LSE has allowed me to acquire knowledge and skills that have helped me in my job as a project manager at the IASB. For example, the module 'AC420- Financial Reporting in Capital Markets' is relevant to my job and has enhanced my ability to relate economic events to financial statements and disclosures.

The long essay of up to 10,000 words, a compulsory part of MSc Law and Accounting degree has been extremely helpful in my career due to the numerous skills I acquired. By completing this high-level research, I have acquired skills such as dissertation writing skills, communication, data gathering and analysis.

What advice would you give to prospective or current LSE students?    

Choosing a University is one of the most important decisions you will have to make, and one that will affect you for the rest of your life. I would recommend potential students to research about the School and the programme they wish to study. If you have a genuine desire to learn and an honest love for the subject coupled with the ability that is required to undertake this type of study there is no reason for you not applying. Studying at the LSE was a unique experience for me, so give it a go!

I would encourage current LSE students to try their best and enjoy their time at the School. Studying at the LSE requires a lot of reading in a relatively short space of time and this can put a student under a great deal of pressure. One piece of advice I would give to anyone studying at the LSE is to handle your readings in an appropriate way and give your study and revision a good deal of planning. The skills you learn in managing your readings and revision will be invaluable to you in later life.

It is the privilege of LSE students to be able to use the LSE Library and current students should ensure that, during their time at LSE, they make use of the excellent facilities within the LSE Library.

Overall, how do you look back on your LSE experience?

Overall, my time at the LSE was both rewarding and stimulating. During my time at the LSE I had various opportunities, both academic and social, to meet many of the academics in the Law Department and Accounting Department. This had enriched my time at the LSE. 

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Yousouf Hansye