AOSSG Annual Meeting
The ASC hosted the Tenth Annual Meeting of the Asian-Oceanian Standard-Setters Group (AOSSG) in Singapore on 21–22 November 2018, with the support of the Institute of Singapore Chartered Accountants. The Meeting was attended
by 20 member jurisdictions and representatives of the International Accounting Standards Board (IASB), including its Chair and Vice-Chair.
Ms Indranee Rajah, Minister in Prime Minister’s Office and Second Minister for Finance and Education, graced the Meeting and delivered the keynote address (152 KB) about positioning AOSSG for the future. Mr Kevin Kwok, ASC
Chairman, highlighted the importance of the collective efforts of the IASB, AOSSG and the international community of standard-setting
bodies to maintain the global acceptance and relevance of IFRS Standards. The IASB representatives provided an update on the IASB’s technical projects. The participants exchanged views on specific projects, such as Primary
Financial Statements, Financial Instruments with Characteristics of Equity, and Business Combinations under Common Control. Specific member jurisdictions shared experiences on the implementation of new IFRS Standards as well as
the adoption of, or convergence with, IFRS Standards.
The AOSSG will issue the communique for the Meeting in due course.