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2018-11-01 Announcement of Amended Practical Report No. 18, “Necessary Handling of Accounting for Foreign Subsidiaries in Preparation of Consolidated Financial Statements,” etc
The 392rd Corporate Accounting Standards Committee meeting held on September 12, 2018, approved the publication of the following business response report.

(1) Revised Business Response Report No. 18 “Present Handling of Accounting for Foreign Subsidiaries in Preparation of Consolidated Financial Statements”
(2) Revised Practical Response Report No. 24 “Current Handling of Accounting for Equity-Method Affiliates”
https://www.asb.or.jp/jp/accounting_standards/practical_solution/y2018/2018-0914.html

2018-05-01 Publication of Corporate Accounting Standard No. 29 “Accounting Standard for Revenue Recognition”, etc
The 381st Corporate Accounting Standards Committee meeting held on March 26, 2018 approved the publication of the following corporate accounting standards and applicable guidelines.

(1) Corporate Accounting Standard No. 29 “Accounting Standard for Revenue Recognition”
(2) Guidance No. 30 “Accounting Standard Application Guidelines for Revenue Recognition”
https://www.asb.or.jp/jp/accounting_standards/accounting_standards/y2018/2018-0330.html

2018-05-01 About publication of revised “Guidelines on Accounting for SMEs”
The “SME Accounting Guidance Review Committee,” which was established mainly by four associations of the Japan Certified Public Accountants Association, the Japan Tax Accountants Association, the Japan Chamber of Commerce and Industry, and the Corporate Accounting Standards Committee, Was reviewed and approved for publication by the Committee on March 12.
https://www.asb.or.jp/jp/accounting_standards/misc/misc_others/2018-0320.html

2018-04-02 Announcement of Business Response Report No. 38 “Necessary Handling of Accounting for Virtual Currency in the Fund Settlement Act”
At the 380th Corporate Accounting Standards Committee meeting held on March 9, 2018, the publication of the “Current Handling of Accounting for Virtual Currency in the Funds Settlement Act” was approved.
https://www.asb.or.jp/jp/accounting_standards/practical_solution/y2018/2018-0314.html

2018-03-02 Announcement of Corporate Accounting Standard No. 28 “Partial Amendments to“ Accounting Standard for Tax Effect Accounting ””
The 378th Corporate Accounting Standards Committee meeting held on February 9, 2018, approved the publication of the following corporate accounting standards and guidelines for applying corporate accounting standards.

(1) Corporate Accounting Standard No. 28 “Partial Amendments to“ Accounting Standard for Tax Effect Accounting ””
(2) Business Accounting Standards Guidance No. 28 “Guidance on Accounting Standards for Tax Effect Accounting”
(3) Revised Corporate Accounting Standard Application Guidelines No. 26 “Application Guidelines for Recoverability of Deferred Tax Assets”
(4) Business Accounting Standards Guidance No. 29 “Guidelines for Tax Effect Accounting in Interim Financial Statements”
https://www.asb.or.jp/jp/accounting_standards/accounting_standards/y2018/2018-0216.html

2018-03-02 Announcement of Business Response Report No. 36 “Handling of Transactions that Grant Paid Stock Acquisition Rights with Vesting Conditions to Employees,” etc
At the 376th Corporate Accounting Standards Committee meeting held on January 11, 2018, the publication of the following business response report, etc. was approved.

(1) Business Response Report No. 36 “Handling of Transactions that Grant Paid Stock Acquisition Rights with Vesting Conditions to Employees, etc.”
(2) Revised Guidance No. 17 “Accounting for compound financial instruments that may increase paid-in capital”
https://www.asb.or.jp/jp/accounting_standards/practical_solution/y2018/2018-0112.html

2017-12-01 Announcement of the revised “International Standards (Accounting Standards Comprising International Accounting Standards and Modified Accounting Standards by the Corporate Accounting Standards Committee)”
The Corporate Accounting Standards Committee conducted endorsement procedures mainly for IFRS 15 “Revenue from Contracts with Customers”. At the 371st Corporate Accounting Standards Committee held on October 26, 2017, , The publication of the revised amendment “Amended International Standards (Accounting Standards Comprising International Accounting Standards and Modified Accounting Standards by the Corporate Accounting Standards Committee)” was approved.
https://www.asb.or.jp/jp/accounting_standards/jmis/y2017/2017-1031.html

2017-08-01 Announcement of “Summary of responses to comments received on opinion solicitation documents related to post-application review planning”
At the 362th Corporate Accounting Standards Committee meeting held on June 16, 2017, the publication of the title “Summary of Responses to Comments Submitted for Opinion Recruitment Documents Related to Post-Application Review Planning” was approved.
https://www.asb.or.jp/jp/accounting_standards/misc/misc_others/2017-0622.html

2017-06-01 Announcement of Practical Response Report No. 35 “Practical Handling of Accounting for the Right of Operation in Public Facilities Management Business”
In 2011, the “Law Concerning the Promotion of Public Facilities etc. Utilizing Private Funds” (Act No. 117 of 1999) was revised and a public facilities management right system was newly introduced. In response, the Corporate Accounting Standards Committee has deliberated for the purpose of clarifying the practical handling of the accounting treatment of the operating right holders in public facilities management business. In April 2017, At the 359th Corporate Accounting Standards Committee meeting held on the 28th, the publication of the title “Practical Handling of Accounting for the Right of Ownership in Public Facilities Management Business” was approved.
https://www.asb.or.jp/jp/accounting_standards/practical_solution/y2017/2017-0502.html

2017-06-01 Announcement of the revised “International Standards (Accounting Standards Comprising International Accounting Standards and Modified Accounting Standards by the Corporate Accounting Standards Committee)”
The Corporate Accounting Standards Committee has endorsed procedures for accounting standards issued by the IASB from January 1, 2014 to September 30, 2016 that will be effective by December 31, 2017. At the 358th Corporate Accounting Standards Committee meeting held on April 10, 2017, the revised amendment “Amended International Standards (consisting of international accounting standards and revised accounting standards by the Corporate Accounting Standards Committee) Publication of “Accounting Standard” was approved.
https://www.asb.or.jp/jp/accounting_standards/jmis/y2017/2017-0411.html

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