Standard-setters from Hong Kong and Japan hold joint meeting
06 Jul 2021
Representatives of the Hong Kong Institute of Certified Public Accountants (HKICPA) and of the Accounting Standards Board of Japan (ASBJ) met on 5 July 2021 by video conference. This was the third bilateral meeting between both bodies.
The HKICPA and the ASBJ provided updates on their respective activities and exchanged views on the accounting for goodwill, the accounting for business combinations under common control, and the IASB’s third agenda consultation.
HKICPA and ASBJ plan to continue these meetings.
Please click for the press release on the ASBJ website.