Structure
The UKEB is a decision-making body governed by its Board. It has a strong commitment to understand the views of UK stakeholders and ensure that the UK's voice is represented internationally via proactive stakeholder engagement.
Oversight of the UKEB's discharge of it statutory functions, which includes its technical decision-making, is the responsibility of the Secretary of State for Business and Trade. The Financial Reporting Council has oversight responsibility for the UKEB's performance of its governance and due process.
In this Section
Board
The UKEB is governed by its Board. It provides strategic leadership and sets the values and culture of the organisation. The Board is responsible for deciding if an international accounting standard will be adopted for use in the UK.
Advisory Groups
The UKEB's Advisory Groups provide advice and input to the Board for consideration in its technical decision-making. Members come from different parts of UKEB's stakeholder community.
Interaction with International Organisations
The UKEB engages with various groups and international forums as part of its commitment to influence the development of high-quality international accounting standards suitable for adoption in the UK.
Operational Support and Oversight
The UKEB works collaboratively with both the Department for Business and Trade and the Financial Reporting Council.