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 […]
MoU between RIM and AASBB Read More »
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
Survey on adoption of full IFRS Read More »
The Accounting and Auditing Standards Board of Bhutan (AASBB) is the sole authority responsible for providing and facilitating training on the Bhutanese Accounting Standards (BAS). Trainers, both domestic and international, must be authorized by AASBB. This initiative is taken as to enable AASBB to regulate and maintain the quality of BAS training. Companies, financial institutions
This is to inform all Professional Accountants in the Country to provide/update your details. Click here to access the Form.
Professional Accountant’s Information Read More »
Accounting and Auditing Standards Board of Bhutan (AASBB) as public interest organization continues striving in strengthening transparent and reliable information to the public, investors and other stakeholders about company’s financial position and performance by upholding internationally accepted accounting and auditing standards. In order to further strengthen and provide platform to all the companies/firms/individuals in Bhutan
Information to Stakeholders Read More »
Notification on the Implementation of Cash Basis International Public Sector Accounting Standards for the Government Budgetary Agencies with effect from 1st July 2022. Notification on the adoption.
The Accounting and Auditing Standards Board of Bhutan (AASBB) as an authority for setting the accounting and auditing standards in Bhutan has launched the adoption of InternationalStandards on Auditing (ISA) including Quality Control Standard on July 17, 2015 as authoritative auditing standards in Bhutan. These standards shall come into immediate effect. As per the non-exclusive
adoption of International Standards on Auditing Read More »
