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 the conceptual framework, financial statement presentation and disclosures, impairment of financial assets, and leases.
The next meeting between the FASB and ASBJ is expected to be held in August 2018 in Norwalk. For more information about the meeting, see the press release on the FASB website.