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FASB and ASBJ hold biannual meeting

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

02 Jun 2020

On 1 June, the FASB and the Accounting Standards Board of Japan (ASBJ) held a joint virtual meeting. The meeting was the 27th in a series of biannual meetings between the two standard-setters.

The two boards informed each other about the effects of the COVID-19 pandemic on their respective accounting standards and exchanged views on technical topics in which they both have an interest, including accounting for goodwill and intangibles and financial performance reporting and disclosures.

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

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