our identity

mission

To enhance financial reporting, auditing standards, and professionalism through governance, capacity building and institutional support fostering transparency and economic stability across all sector.

vision

The leading agency in setting internationally recognized accounting and auditing standards ensuring transparency, efficiency and accountability in Bhutan’s financial ecosystem.

Core Values

Public Interest

Committed to serve the public interest.

Respect & Encouragement

Respect and encourage input from stakeholders

Timeliness

Be committed to timeliness in its responses to stakeholders

Objectives

To Adopt Bhutanese Accounting Standards (BAS) in line with International Accounting Standards (IAS)/International Financial Reporting Standards (IFRS).
Review, update and issue Bhutanese Accounting Standards and International Public Sector Accounting Standards.
Adopt and implement International Standards on Auditing (ISA).
Recommend new standards/amendments in BAS, IPSAS and ISA.
Harmonize the statutory and legal framework requirement of BAS and ISA with other relevant legislations