ASBJ and ANC hold joint meeting
27 Feb 2017
On 27 February 2017, the Accounting Standards Board of Japan (ASBJ) and the French standard-setter Autorité des Normes Comptables (ANC) held a joint meeting in Tokyo. The meeting was the first bilateral meeting 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 the implementation of new and forthcoming IFRSs, including insurance contracts, leases and revenue recognition. They also discussed opportunities for cooperation.
For more information about the meeting, see the press release on the ASBJ website.