ASBJ adopts IFRS 16 unmodified as JMIS
27 Dec 2018
The Accounting Standards Board of Japan (ASBJ) has issued amendments to ‘Japan’s Modified International Standards (JMIS): Accounting Standards Comprising IFRSs and the ASBJ Modifications'.
The amendments reflect the endorsement process on IFRS 16 and the Standards issued by the IASB between 1 July 2017 and 31 December 2017.
After careful consideration, the ASBJ decided that no ‘deletions or modifications’ should be made for this round of endorsement process, therefore, the amendments made simply reflect the endorsement of the pronouncements.
For more information, see the press release and related documents on the ASBJ website (all documents available in the English language).
