FASB and ASBJ hold biannual meeting

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

12 Oct 2022

On 10-11 October 2022, the FASB and the Accounting Standards Board of Japan (ASBJ) held a joint meeting in Norwalk. The meeting was the 31st in a series of biannual meetings between the two standard setters.

The two boards informed each other about their respective activities and exchanged views on technical topics in which they both have an interest, including accounting for goodwill, accounting for crypto-assets, and the boundary of financial reporting.

The next meeting between the FASB and ASBJ is expected to be held in the first half of 2023. For more information about the latest meeting, see the press release on the ASBJ website.

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