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The AOSSG is a group of accounting standard-setters in the Asian-Oceanian region. It was formed in 2009 and currently comprises 28 accounting standard-setters from the Asian-Oceanian region. The Group provides a forum to share experiences on adoption of International Financial Reporting Standards (IFRS) and contribute to the development of high-quality global accounting standards. The AOSSG aims to […]

The Gelephu Mindfulness City Authority (GMCA) and, Accounting and Auditing Standards Board of Bhutan (AASBB) have entered into a Memorandum of Understanding (MOU) to advance collaborative and cooperative efforts in the area of accounting and auditing standards. This Memorandum of Understanding marks a significant milestone in aligning Bhutan’s accounting standards with international best practices. Under the MOU, AASBB will assist

The Memorandum of Understanding (MoU) between the Accounting and Auditing Standards Board of Bhutan (AASBB) and the Royal Institute of Management (RIM) was signed on 19th September 2025 by the Chairman of AASBB and the Director General of RIM. This MoU marks a significant step towards enhancing accounting profession in the Country through a collaborative framework. Under this partnership, RIM will

The Diamond Strategy “An important thing for the people to understand is that we are pursuing “One Country, Two Systems” by establishing the GMC as a Special Administrative Region (SAR). However, we do not intend to maintain the “two systems” forever. Ultimately, they must converge into “One Country, One System.” The innovations emerging from the