Latest News

  • 15 January 2024 - ASC has published the collections of SFRS(I)s and FRSs that are required to be applied for annual reporting period beginning on 1 January 2024.

  • 15 January 2024 - With effect from 15 January 2024, Mr Sanjay Nanwani has assumed the position as the Registrar of the Registry of Societies, MHA, and is appointed to the ASC.

  • 5 December 2023 - ASC has submitted its comment letter to the IASB on AI/ED/2023/1 Annual Improvements to IFRS Accounting Standards—Volume 11.

  • 30 November 2023 - Accounting Standards Committee (ASC) invites comments on Exposure Draft ED/2023/5 Financial Instruments with Characteristics of Equity (Proposed amendments to IAS 32, IFRS 7 and IAS 1).

  • 31 October 2023 - The Accounting and Corporate Regulatory Authority, with the approval of the Minister for Finance, has appointed the Chairman and members of the Accounting Standards Committee. These appointments will take effect from 1 November 2023. Click here for the announcement.

  • 26 October 2023 - Accounting Standards Committee has submitted its comment letter to the IASB on Request for Information: Post-implementation Review of IFRS 15 Revenue from Contracts with Customers. 

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