Second ASBJ and EFRAG bilateral meeting
29 Jun, 2015
Representatives of the European Financial Reporting Advisory Group (EFRAG) and the Accounting Standards Board of Japan (ASBJ) held a bilateral meeting in Brussels on 22 and 23 June 2015. The EFRAG and ASBJ provided updates on their respective projects and exchanged views on the development of accounting standards.
EFRAG and ASBJ discussed the following topics:
In addition, the ASBJ and EFRAG discussed how they can work together more effectively on research activities including the topic of impairment and amortisation of goodwill on which both parties and the Organismo Italiano di Contabilità (OIC) have been working together.
The next meeting between the EFRAG and ASBJ will be held in Tokyo in 2016.
A press release is available on the EFRAG website.