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 reminds Singapore companies listed on SGX of full IFRS convergence in 2018.
ASC issues Q&As on full IFRS convergence to Singapore companies listed on SGX.
The 2017 volume of FRSs and INT FRSs is now available.
ASC issues FRS 116 Leases.
'You get heard if you participate' – ACCA's interview with ASC Deputy Chairman.
21 Feb 2017 - ASC website will be undergoing scheduled maintenance on 12 March 2017 (Sunday) from 0000hrs to 0800hrs and will not be available during this period. We apologise for any inconvenience caused.
13 Jan 2017 - ASC invites comments on ED/2017/1 Annual Improvements to IFRSs (2015-2017 Cycle).
12 Jan 2017 - ASC publishes the 2017 volume of FRSs and INT FRSs and the SFRS for Small Entities that is applicable for annual periods beginning on or after 1 Jan 2017.
28 Dec 2016 - ASC has issued a reminder letter to companies applying FRS on the new major standards on financial instruments, revenue recognition and leases.
23 Dec 2016 - ASC has issued Amendments to FRS 104: Applying FRS 109 Financial Instruments with FRS 104 Insurance Contracts, Amendments to FRS 40: Transfers of Investment Property, Improvements to FRSs (December 2016) and INT FRS 122: Foreign Currency Transactions and Advance Consideration.
13 Jan 2017 - Exposure Draft ED/2017/1 Annual Improvements to IFRSs (2015-2017 Cycle), comments by 3 Mar 2017.