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Communiqué from latest China-Japan-Korea accounting standard-setters meeting

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22 Jan 2016

A communiqué has been issued from a meeting of the standard-setters from China, Japan and the Republic of Korea held in Seoul on 23 November 2015.

Representatives were present from the China Accounting Standard Committee (CASC), Accounting Standards Board of Japan (ASBJ), Korea Accounting Standards Board (KASB), and the International Accounting Standards Board (IASB), together with guests from Hong Kong and Macao and a number of other delegates.

The meeting saw an update on activities during 2015, a special session on the Korean traditional bookkeeping method, and technical sessions on pollutant pricing mechanisms, the Conceptual Framework, and effect analyses for IFRSs.

The next meeting will be held in Japan in October 2016.

Please click for the full communiqué (link to ASBJ website).

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