IASB holds meetings with AOSSG and ASBJ
06 Jun 2014
The International Accounting Standards Board (IASB) held a series of meetings in Tokyo with the Asian-Oceanian Standard-Setters Group (AOSSG), the Accounting Standards Board of Japan (ASBJ), and others to discuss recent activities by the IASB.
Specifically, the series of meetings included:
- A public seminar hosted by the ASBJ and attended by over 280 Japanese stakeholders to discuss the new revenue recognition standard and the IASB’s financial instruments project.
- Discussions with AOSSG that focused on technical developments and feedback received on the Post-Implementation Review of IFRS 3 by the Asian-Oceania region.
- A jointly hosted-meeting with the ASBJ which included over 50 Japanese entities using IFRS, to discuss the new revenue recognition standard, the role of the IFRS Interpretations Committee and how the IFRS makes changes.
- Meeting with entities interested in adopting IFRS and those that are currently using IFRS in practice.
For more information, see the press release on the IASB’s website.