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 hosted the Asia-Oceania IFRS Conference on 29 and 30 May 2014.
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.
16 Jan 2015 - The collection of FRSs and INT FRSs that is required to be applied for annual periods beginning on 1 January 2015, is now available.
22 Dec 2014 - ASC invites comments on ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7).
11 Dec 2014 - ASC issues SFRS for Small Entities Q&A No. 5 Fallback to FRS 109 Financial Instruments.
22 Dec 2014 - ED/2014/6 Disclosure Initiative (Proposed amendments to IAS 7), comments by 6 Mar 2015.
27 Nov 2014 - ED/2014/5 Classification and Measurement of Share-based Payment Transactions (Proposed amendments to IFRS 2), comments by 6 Feb 2015.