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 various exposure drafts.
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.
'You get heard if you participate' - ACCA's interview with ASC Deputy Chairman...
08 Apr 2015 - ASC, in partnership with the Nanyang Business School at Nanyang Technological University, will be hosting the NTU-ASC Contemporary Issues in Accounting Conference 2015 on Financial Instruments, Revenue and Consolidation on 22 May 2015 at Marriott Hotel.
01 Apr 2015 - ASC has submitted its comment letter to the IASB on ED/2014/6 Disclosure Initiative (Proposed Amendments to IAS 7).
18 Mar 2015 - ASC has submitted its comment letter on ED/2014/5 Classification and Measurement of Share-based Payment Transactions.
05 Mar 2015 - 'You get heard if you participate' - ACCA’s interview with ASC Deputy Chairman, published in ACCA’s Accounting and Business Magazine Jan 2015 issue.
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 - ED/2015/1 Classification of Liabilities (Proposed amendments to IAS 1), comments by 24 Apr 2015.