Latest News

7 Jun 2021 - ASC has issued Amendments to SFRS(I) 1-1 and SFRS(I) Practice Statement 2 and Amendments to FRS 1 and FRS Practice Statement 2 on Disclosure of Accounting Policies.
7 Jun 2021 - ASC has issued Amendments to SFRS(I) 1-8 and Amendments to FRS 8 on Definition of Accounting Estimates.
7 May 2021 - ASC has submitted its comment letter to the IASB on Request for Information: Post-implementation Review of IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements and IFRS 12 Disclosure of Interests in Other Entities.
20 Apr 2021 - ASC invites comments on Exposure Draft ED/2021/4 Lack of Exchangeability.
1 Apr 2021 - The Minister for Finance has appointed Mr Lin Qinghui as a new member of ASC from 1 April 2021.

Consultations

20 Apr 2021 - Exposure Draft ED/2021/4 Lack of Exchangeability (Proposed amendments to IAS 21) - comments by 21 June 2021.
31 Mar 2021 - Request for Information: Third Agenda Consultation - comments by 9 July 2021.
30 Mar 2021 - Exposure Draft ED/2021/3 Disclosure Requirements in IFRS Standards—A Pilot Approach (Proposed amendments to IFRS 13 and IAS 19) - comments by 23 July 2021.

7 May 2021 - ASC's comment letter on Request for Information: Post-implementation Review of IFRS 10 Consolidated Financial Statements, IFRS 11 Joint Arrangements and IFRS 12 Disclosure of Interests in Other Entities.
30 Mar 2021 - ASC's comment letter on ED/2020/4 Lease Liability in a Sale and Leaseback (Proposed amendment to IFRS 16).