We are the independent national accounting standard-setter.
We are a key player in the international standard-setting arena.
We are a strong advocate of financial reporting that reflects the economics of business transactions.
Our standard-setting process is open and consultative.
ASC invites public comment on EDs.
ASC issues FRS 115 Revenue for Contracts with Customers and FRS 109 Financial Instruments.
ASC conducted outreach on full convergence with IFRS in Dec 2014.
16 Feb 2015 - We are looking for candidates with an aspiration of shaping developments in accounting standards setting to join the ASC Secretariat as Senior Technical Managers or Technical Managers.
11 Feb 2015 - ASC invites comments on ED/2015/1 Classification of Liabilities (Proposed amendments to IAS 1).
06 Feb 2015 - ASC conducted an outreach session on full convergence with IFRS in December 2014 for Singapore-incorporated companies listed on Singapore Exchange.
22 Jan 2015 - ASC issues Amendments to FRS 110, FRS 112 and FRS 28: Investment Entities: Applying the Consolidation Exception.
22 Jan 2015 - ASC issues Amendments to FRS 1: Disclosure Initiative.
11 Feb 2015 - ED/2015/1 Classification of Liabilities (Proposed amendments to IAS 1), comments by 24 Apr 2015.
22 Dec 2014 - ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7), comments by 6 Mar 2015.