UK-adopted International Accounting Standards available
The website of the UK Endorsement Board (UKEB) has been launched. It is accessible here
The UKEB’s purpose is to influence, endorse and adopt new or amended international accounting standards issued by the International Accounting Standards Board for use by UK companies. The UKEB is therefore responsible for developing and maintaining the “UK-adopted international accounting standards” which must be applied by UK companies preparing accounts under international accounting standards for accounting periods commencing on or after 1 January 2021.
The full wording of all UK-adopted international accounting standards (and SIC/IFRIC interpretations etc) is available on the website These are currently identical to EU-adopted international standards as they stood at 31 December 2020.
The UKEB’s newsletters and alerts can be subscribed to by emailing contact@endorsement-board.uk with SUBSCRIBE in the subject.
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