Communiqué from latest China-Japan-Korea accounting standard setters meeting
18 Oct 2021
A communiqué has been issued from a meeting of the standard setters from China, Japan and the Republic of Korea held by video conference on 13 October 2021.
In addition to representatives from the three countries' standard-setting bodies, observers from the IASB and guests from Hong Kong and Macao attended the meeting.
The three countries presented and shared experiences and views on the following accounting topics:
- Independent Supplementary Temporary Standards (e.g., Covid-19-related amendments to IFRS 16)
- Business Combinations under Common Control
- Intangible assets, with a focus on crypto-assets
Please click for the full communiqué (link to KASB website).
