Minutes of UKEB Private Meeting 27 April 2023

PRESENT:

1. Administrative Matters

Welcome and apologies for absence

1. Apologies were noted from Kathryn Cearns and Edward Knapp.

Declaration of interests

1. There were no declarations of interest.

Minutes of the last meeting

1. The Board approved the minutes of the meeting held on 23 March 2023 for publication.

Action Log

1. The Board noted the log of actions arising from previous meetings.

UKEB Forward Agenda

1. The Board considered the Forward Agenda.

Transparency Register for Web Publication

1. The Board approved the Transparency Register for publication, subject to additional declarations.

Gifts & Hospitality Register

1. The Board approved the Gifts & Hospitality Register for publication.

2. Education Session - PIR of IFRS 15

1. The Board received an education session on the IASB's Post-implementation Review (PIR) of IFRS 15 Revenue from Contracts with Customers.

3. Education Session - IFRS 9 Amendments to Classification and Measurement

1. The Board received an education session on the IASB exposure draft Amendments to the Classification and Measurement of Financial Instruments.

4. Operational Update

1. The Board received an update on UKEB operational matters.

5. Technical Director's Updates

1. The Board approved the UKEB's work plan for publication on the website, subject to minor amendments.
2. The Board received a number of other updates from the Technical Director related to its work plan.

6. Other Board Member Updates

1. There were no updates to note.

7. Any other business

1. There was no other business discussed.

The meeting ended at 17:40 hrs.