This is the standard-setting body that
replaces the Accounting Standards Council
(ASC) and is tasked to develop and issue
standards which will represent generally
accepted accounting principles in the
Philippines:
a. Accounting Standards Board.
b. Financial Reporting Standards
Committee.
c. Financial Reporting Standards
Council.
d. Auditing and Assurance Standards
Council.
replaces the Accounting Standards Council
(ASC) and is tasked to develop and issue
standards which will represent generally
accepted accounting principles in the
Philippines:
a. Accounting Standards Board.
b. Financial Reporting Standards
Committee.
c. Financial Reporting Standards
Council.
d. Auditing and Assurance Standards
Council.