Communiqué from latest China-Japan-Korea accounting standard-setters meeting
11 Nov 2019
A communiqué has been issued from a meeting of the standard-setters from China, Japan and the Republic of Korea held in Tokyo on 1 November 2019.
Representatives were present from the Accounting Regulatory Department of the Chinese Ministry of Finance, the Accounting Standards Board of Japan (ASBJ), the Korea Accounting Standards Board (KASB), and the IASB, together with guests from Hong Kong and Macao.
At this meeting, the delegates from the three countries provided updates on the recent developments of accounting standards in their respective jurisdictions and had in-depth discussions on revenue recognition, primary financial statements, and leases.
Please click for the full communiqué (link to ASBJ website).
