brief overview
The Accounting and Auditing Standards Board of Bhutan (AASBB) is governed by a Board, led by the Chairperson, who is appointed by the Minister of Finance along with the other Board members. The Board elects a Vice-Chairperson from among its members.
board members
Dasho Tashi
Chairman
Head, Audit and Corruption Investigation Bureau,
Gelephu Mindfulness City
Mr. Norbu Dendup
Vice-Chairman
Director, Department of Treasury and Accounts, MoF
Mr. Ugyen Namgyal
Member
Director, Corporate Services Department, DGPC
Mr. Karma Yeshey
Member
Registrar, Office of Corporate Regulatory Authority of Bhutan
Mr. Phuntsho Namgay
Member
Specialist, Deptt. of Financial Regulations & Supervision, RMA
Mr. Chandra B. Chhetri
Member
Secretary General, Bhutan Chamber of Commerce & Industry
Mr. SherAb Dorji
Member
Lecturer, Gedu College of Business Studies, RUB
Mr. Nima
Member
Deputy Chief Auditor, Compliance and Outsourced Audit Division, RAA
Ms. Kinzang Wangmo
Member Secretary
General Secretary, AASBB Secretariat
mandates
- Adopt and issue Accounting and Auditing Standards consistent with International Accounting Standards (IAS), International Financial Reporting Standards (IFRS), International Public Sector Accounting Standards (IPSAS) and International Standards on Auditing.
- Appoint Technical Working Committee to perform detailed research or other works related to Accounting & Auditing Standards.
- Ensure that the standards setting process is appropriate and responsive to the public interest.
- Hold public consultations to discuss on the proposed standards.
- Establish procedure for reviewing the comments received from various quarters within a reasonable period on the documents published for comments.
- Represent Bhutan in the international events in the areas of Accounting and Auditing Standards.
- Prepare a strategy to put AASBB on a self-sustaining basis and enhance the institutional capacity.