BEIS announces UK Endorsement Board’s first permanent Chair
News types: Generic Announcement
Published: 31 August 2022
BEIS has announced the appointment of Pauline Wallace as the UKEB’s first permanent Chair.
Pauline has been performing the role as an interim appointment since September 2020, during which time she appointed UKEB’s inaugural Board and steered the organisation through its initial set-up and adoption of its first major international accounting standard (IFRS 17 ‘Insurance Contracts’).
The UKEB Chair, Pauline Wallace, said:
The UKEB Chair, Pauline Wallace, said:
“It has been my privilege to serve as the UKEB’s interim Chair and to lead it through a successful inaugural year. As permanent Chair I look forward to working with the Board and all of our stakeholders to continue to build upon the solid foundations that we put in place in 2021/22.
I am proud of what we achieved in our first year and confident that the UKEB will continue to maintain the UK’s position as a thought leader and key influencer of international financial reporting.”
Read the full BEIS announcement.
About the UKEB
The UK Endorsement Board (UKEB) influences and adopts new or amended international accounting standards, issued by the International Accounting Standards Board (IASB), for use by UK companies. The UKEB consults publicly with stakeholders that have an interest in financial reporting in the UK so that it can develop and represent evidence-based UK views with the aim of acting as the UK’s voice on IFRS financial reporting.