UKEB Publishes its 2024/25 Regulatory Strategy

The UKEB has today published its 2024/25 Regulatory Strategy and Feedback Statement following stakeholder consultation. It sets out year three of UKEB’s three-year strategy.

As always, the workplan for the financial year 2024/25 will focus on those aspects of the IASB agenda that are of highest priority to UK stakeholders. In line with the Board’s ongoing aim to obtain maximum value from its available resources.

UKEB Chair, Pauline Wallace, said:

“As the UK National Standard Setter for international accounting standards, the UKEB continues to fulfil its important role in influencing the development of high-quality IFRS accounting standards suitable for UK adoption.

Our regulatory strategy for this coming year will focus UKEB’s budgeted resources on the key areas that are of greatest importance and impact to our stakeholders.”

For operational reasons, the UKEB’s 2024/25 budget is incorporated within the FRC Plan and Budget.