FASB and ASBJ hold biannual meeting
19 Jan 2017
On 18 and 19 January 2017, the FASB and the Accounting Standards Board of Japan (ASBJ) met in Tokyo. The meeting was the 21st in a series of biannual meetings between the two standard-setters.
In addition to giving updates on their respective standard-setting activities at the meeting, the two boards exchanged views on technical topics in which they both have an interest, including performance reporting, goodwill and intangible assets, and negative interest rates.
The next meeting between the FASB and ASBJ is expected to be held in the second half of 2017 in Norwalk. For more information about the meeting, see the press release on the ASBJ website.