September

ASBJ (Accounting Standards Board of Japan) Image
FASB (US Financial Accounting Standards Board) (lt blue) Image

FASB and ASBJ hold biannual meeting

02 Sep 2019

On 29 and 30 August, the FASB and the Accounting Standards Board of Japan (ASBJ) met in Norwalk. The meeting was the 26th 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 accounting for goodwill and intangibles, reference rate reform, accounting for leases, and financial performance reporting and disclosures.

The next meeting between the FASB and ASBJ is expected to be held in the first quarter of 2020 in Tokyo. For more information about the latest meeting, see the press release on the ASBJ website.

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