Euleen Goh re-appointed ASC Chair for second term

Ms Goh will Chair the the Accounting Standards Council from 1 November 2009 to 31 October 2011.

14 other members representing various sake holder groups such as the government, education and accounting were also appointed as Council members.

Formed two years ago, the Council functions to develop financial reporting standards in Singapore as well as facilitate Singapore’s participation in standards-setting on an international platform.

“For the new term, the ASC will continue to work at strengthening Singapore’s financial reporting regime and increasing collaborations with our international counterparts and local stakeholders on emerging financial reporting issues. The new Council’s key focus areas would include Singapore’s convergence with the IFRS, the formulation of reporting standards for Financial Instruments, and the conclusion of the significant work on Charities and Small and Medium Enterprises done by the inaugural Council,” says Ms Goh.

Ms Goh is also currently the Chairman of the Singapore International Foundation.