Accounting Standards Committee

Views Updated: Dec 15, 2025

Key Facts

Abbreviation
ASC
Pronunciation
/əˈkaʊnɪŋ ˈstændərdz kəˈmɪti/
Category
Business
Related Field
Accounting

Examples in Context

  1. To solve the above problems are identified, compare and learn from the advanced experience of foreign countries, mainly from the United States Financial Accounting Committee and the International Accounting Standards Committee(ASC) of the advanced research results.
  2. Since 2003, the Professional Committee of Accounting Theory, which is subordinate to the Accounting Standards Committee(ASC) of the Chinese Ministry of Finance, has begun to research into the development of the Conceptual Frameworks for Financial Accounting.
  3. Further, accounting standards should be developed through a due process with more participation of both the accounting profession and the academia and the key role of MOF's Accounting Standards Committee(ASC) should be activated.

Other meanings of ASC

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