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ASBJ and FASB continue discussions

  • FASB (US Financial Accounting Standards Board) Image
  • Japan Image

Mar 08, 2013

The fourteenth meeting between representatives of the Accounting Standards Board of Japan (ASBJ) and the FASB was held in Norwalk, Connecticut, on March 4 and 5, 2013. At the meeting, the boards discussed updates on their respective standard-setting activities and exchanged views on the IASB's activities, especially about the conceptual framework, which both boards believe is essential to the development of high-quality, global accounting standards.

The FASB and the ASBJ also discussed the following projects that the FASB and the IASB are currently deliberating:

The ASBJ and FASB will continue to meet, and another meeting is scheduled for the second half of 2013. Click for press release (link to the ASBJ's Web site).

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