Key Contacts

Roberto G. Manabat
AASC Chairman

Enrico E. Baluyut
AASC Secretary

For a complete list of AASC members, click here.


Recent Site Updates

PSA 810 - June 2012

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PSA 710 - June 2012

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AASC Key Contacts - March 2012

About AASC


About AASC | Key Contacts | About ASPC

The Auditing and Assurance Standards Council (AASC) was created in December 2005, under the Philippine Accountancy Act of 2004, by the Professional Regulation Commission upon the recommendation of the Board of Accountancy (BOA). The AASC is tasked to assist the BOA to establish and promulgate auditing standards in the Philippines.

The AASC shall have 18 regular members with a term of three years, renewable for another term, coming from the following:

 
No. of members
Chairman 1
Board of Accountancy 1
Securities and Exchange Commission 1
Bangko Sentral ng Pilipinas 1
Commission on Audit 1
Association of CPAs in Public Practice
1
Philippine Institute of CPAs:  
Public Practice
9
Commerce and Industry
1
Academe/Education
1
Government
1
 

Total

18

The objectives, approach and working procedures in adopting AASC pronouncements are set out in the Preface to Philippine Standards on Quality Control, Auditing, Review, Other Assurance and Related Services.

The AASC replaced the Auditing Standards and Practices Council (ASPC). A brief history of ASPC is also available.