Japan’s Business Accounting Council continues discussions on IFRS
Posted by mostafa on 13 June, 2013
No comments yet
This item was filled under Uncategorized
Japan’s Business Accounting Council (BAC) met on 12 June 2013 to continue its deliberations about the use of International Financial Reporting Standards (IFRSs) in Japan. Although it was previously suggested that this meeting would be the final one to conclude this round of debates, the BAC continued discussions around further details of three specific initiatives to further promote use of IFRSs in Japan. As such, no decisions as to its report were made during the meeting.