AASBB Mission: To promote high quality financial reporting and auditing standards that are consistent with international best practices through the development and implementation of Bhutanese Accounting Standards (BAS) and Bhutanese Standards on Auditing (BSA).

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Reader Comments on ::   IFRS/IAS implementation lessons learning session
Please put me down as a definite attendee
Posted By: Roy Whittington      Posted on: 2018-05-15 11:57:13
Since this type of discussion meeting is an initiative to support the BAS implementing companies, MoF will bear all the expenses related to the meeting. There will be a brief presentation in the morning followed by discussion. We expect the focal persons to actively participate and come up with various issues confronting the companies in the process of BAS implementation.

Cheers!
Posted By: Sonam Wangdi      Posted on: 2018-05-15 11:57:13
We will be interested in attending
1 No fees are mentioned - will this be free?
2 Rather than covering BAS that will apply from the third phase, can you add more on second phase BAS. Examples are BAS 19 Employee Benefits and BAS 40 Investment Properties
Posted By: Roy Whittington      Posted on: 2018-05-15 11:57:13
Dear all,

The Accounting & Auditing Standards Board of Bhutan Secretariat will be organizing 'discussion and experience sharing session' on the challenges faced by companies in adopting IFRS/IAS. The focus will be on application of IFRIC 12, IFRIC 4, PPE for Hydropower sectors, IFRS 4, IAS 32, IAS 39 for Insurance, IAS 18 for Telecommunication, IAS 41, IAS 17 for Agriculture etc.

The resource person will be Ms. Hiranthi Fonseka, Director, Financial Accounting Advisory Services, Ernst & Young, Srilanka and the venue of the meeting will be at the conference hall of AASBB Secretariat on 5th March 2014 from 9.30 AM to 1.00PM (may go on for whole day depending on the discussion issues).

If there are interested accounts/finance personnel, kindly contact the AASBB Secretariat for registration.
Posted By: Sonam Wangdi      Posted on: 2018-05-15 11:57:13

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