Latest News
31 October 2025 - The Accounting and Corporate Regulatory Authority (ACRA), with the approval of the Minister for Finance, has appointed Mr Cheung Pui Yuen as the Chairperson-Designate of the Accounting Standards Committee (ASC) from 1 November 2025 to 31 March 2026 and as the Chairperson from 1 April 2026 to 31 March 2027. In addition, Mr Kee Rui Xiong has been appointed as a new ASC member from 1 November 2025 to 31 March 2027. Click here for the announcement.
13 October 2025 - ASC has submitted its comment letter to the IASB on Request for Information: Post-implementation Review of IFRS 16 Leases.
8 September 2025 - An article FRS 119 — Extending the benefits of reduced disclosures to more entities is published to provide insights on the amended FRS 119.
21 August 2025 - IASB issues the Amendments to IFRS 19 Subsidiaries without Public Accountability: Disclosures.
18 August 2025 - ASC issues the third edition of the SFRS for Small Entities.
18 August 2025 - ASC issues the amended FRS 119 Subsidiaries and Small Entities without Public Accountability: Disclosures.
