Japan updates list of 'designated' IFRSs
25 Feb 2016
The Financial Services Agency (FSA) of Japan has announced that additional IFRSs issued in 2015 were designated for use by companies voluntarily applying IFRSs in Japan.
Newly designated IFRSs include:
- Effective date of IFRS 15 (September 2015).
- Effective date of amendments to IFRS 10 and IAS 28 (December 2015).
For more information, see the press release (in Japanese only) on the FSA website.
In addition, the Japan Exchange Group has provided an updated list of Japanese public companies have committed to use IFRSs. The number now exceed 100 companies.
For more information, see the press release on the JPX website.