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The UK Endorsement Board has launched a campaign to recruit additional members for its Investor Advisory Group (IAG).
The group is chaired by a UKEB board member and provides the board with specialist knowledge, information, and advice.
The UKEB is keen to ensure that the group’s membership represents a diverse range of skills, experience, and backgrounds.
As well as this the UKEB has released a draft comment letter regarding the International Sustainability Standards Board’s initial two year working plan.
The UK Government asked the UKEB to consider connectivity between the ISSB Sustainability Disclosure Standards and IASB Accounting Standards.
Feedback on the draft letter can be provided online until midday on 23 July.
Furthermore, the UKEB board has made a tentative decision at its public board meeting today to endorse the amendments to IAS 12 International Tax Reform: Pillar Two Model Rules.
The amendments introduce a temporary exception to the accounting for deferred taxes arising from the Pillar Two model rules, a requirement to disclose that the exception has been applied and further targeted disclosure requirements.
The result of the formal written vote is expected to be published no later than Thursday 20 July.
