To keep in step with the pace of the IAASB’s issuance of its pronouncements, the AASC reviews IAASB’s proposed pronouncements as soon as these are released for comment. AASC issues its corresponding exposure drafts after its review of the IAASB’s proposed pronouncements. AASC exposure drafts are placed on the website and widely distributed for public comment.
The status of adoption provides information on the status of adoption by the AASC of specific final or proposed IAASB pronouncements.
The IFAC Guides and accompanying Philippine Preface to the Guide, prepared by the AASC, are available here on the AASC website.