ASBJ and OIC hold joint meeting
19 Apr 2018
On 18 April 2018, the Accounting Standards Board of Japan (ASBJ) and the Italian standard-setter Organismo Italiano di Contabilità (OIC) held a joint meeting in Rome. The meeting was the second 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 EFRAG Discussion Paper Equity Instruments - Impairment and Recycling and IFRS implementation issues including revenue recognition, leases, financial instruments and insurance contracts. They also discussed other projects in which they both have an interest including separate finacial statements and virtual currencies.
For more information about the meeting, see the press release on the ASBJ website.
