Japanese proposals to permit wider voluntary IFRS adoption

This item was filled under Uncategorized

The Financial Services Agency of Japan (FSA) has released proposals to amend applicable ordinances to allow the wider voluntary application of International Financial Reporting Standards (IFRS) in consolidated financial statements by Japanese companies. The proposals would implement earlier policy recommendations from Japan’s Business Accounting Council (BAC) to ease the eligibility criteria for voluntary IFRS adoption in Japan.

You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.