Third ASBJ and EFRAG bilateral meeting
18 May, 2017
Representatives of the European Financial Reporting Advisory Group (EFRAG) and the Accounting Standards Board of Japan (ASBJ) held a bilateral meeting in Tokyo on 17 and 18 May 2017. The EFRAG and ASBJ provided updates on their respective projects and exchanged views on the opportunities for cooperation.
EFRAG and ASBJ discussed the following topics:
- Goodwill,
- Rate-regulated activities,
- Negative interest rates,
- Insurance contracts, and
- the IASB’s better communication project.
The next meeting between the EFRAG and ASBJ will be held in Brussels in 2018. A press release is available on the ASBJ website.