This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

Communiqué from latest China-Japan-Korea accounting standard-setters meeting

  • Globe (lt blue) Image

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).

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.