Independent national accounting standard-setter.

We are the independent national accounting standard-setter.

Key player in international standard-setting

We are a key player in the international standard-setting arena. 

Reporting economics of business transactions

We are a strong advocate of financial reporting that reflects the economics of business transactions.

Open and consultative

Our standard-setting process is open and consultative.


  • 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. 


  • 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.




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