FASB and ASBJ hold biannual meeting

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

31 Mar 2021

On 29-30 March 2021, the FASB and the Accounting Standards Board of Japan (ASBJ) held a joint virtual meeting. The meeting was the 29th in a series of biannual meetings between the two standard-setters.

The two boards informed each other about their respective activities, including the response to the COVID-19 pandemic’s effects, and exchanged views on technical topics in which they both have an interest, including accounting for goodwill, accounting for leases, and rate-regulated activities.

The next meeting between the FASB and ASBJ is expected to be held in the second half of 2021. For more information about the latest meeting, see the press release on the ASBJ website.

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