Who we are
The Accounting and Auditing Standards Board of Bhutan (AASBB), established under Ministry of Finance, is responsible for adopting and implementing internationally accepted accounting and auditing standardasda sdfs in Bhutan. Our mission is to enhance financial transparency, accountability and trust in Bhutan’s financial reporting ecosystem by aligning our standards with internationally recognized frameworks such as the International Financial Reporting Standards (IFRS), International Standards on Auditing (ISA) and International Public Sector Accounting Standards (IPSAS).
AASBB Chairman
Dasho Ugen Chewang
Auditor General
Royal Audit Authority
25th May, 2010 – 22nd July, 2015
Mr. Choiten Wangchuk
Director General
Department of Public Accounts, MoF
1st December, 2015 – 1st October, 2016
Mr. Tshering Kezang
Auditor General
Royal Audit Authority
24th November, 2016 – 31st July, 2020
Mr. Tashi, Auditor General
Auditor General
Royal Audit Authority
13th November 2020
organogram
With the growing number of companies and opening of Bhutanese economy to the outside world for trade and investment, the need was felt to have a body to oversee and develop accounting and auditing practices in the country. As such, to spearhead the development of accounting and auditing standards, the Council of Cabinet Ministers during the 69th Session on 30th April 2010 approved the formation of the Accounting and Auditing Standards Board of Bhutan (AASBB) based on the proposal submitted by the Ministry of Finance (MoF).
