The UK Endorsement Board (UKEB) has been reappointed to the Accounting Standards Advisory Forum (ASAF) for a further three year term.

ASAF provides a forum where members can constructively contribute towards developing high-quality, globally accepted accounting standards and acts as the main technical advisory body to the International Accounting Standards Board (IASB).

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Membership of ASAF is comprised of 12 national standard setters to ensure there is a broad range of national and regional input on major technical issues related to the IASB’s standard-setting activities.

UKEB chair Pauline Wallace said: “I am delighted that the UKEB will continue to represent UK stakeholders at this important international forum. The UK has been a key player in the development of international accounting standards and I look forward to working closely with my counterparts from around the world in contributing to the IASB’s ongoing work plan.”

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