The Accounting Standards Endorsement Board (ASEB) is the UK body responsible for endorsing and adopting International Financial Reporting Standards (IFRS) for use by UK companies post-Brexit. Operating under the oversight of the Department for Business and Trade, the ASEB evaluates new and amended standards issued by the International Accounting Standards Board (IASB) to ensure they are suitable for UK adoption, taking into account public good considerations, costs, and benefits.

Coverage includes announcements of newly endorsed standards, consultations on proposed amendments, and guidance on implementation timelines. Reporting also examines the ASEB’s role in maintaining the UK’s high-quality financial reporting framework, its interaction with the Financial Reporting Council (FRC), and the implications of endorsement decisions for listed companies, large private entities, and groups using IFRS.