ASBJ and FASB hold convergence discussions
10 Nov 2006
The Accounting Standards Board of Japan and the US Financial Accounting Standards Board held the second meeting on global convergence of standards.
"Both Boards believe that these discussions are useful in promoting mutual understanding that will contribute to subsequent deliberations at their respective Boards and to their respective convergence projects with the IASB." A list of issues discussed is in the ASBJ Press Release (PDF 56k).