Representatives of the ASBJ and the FASB agreed that their ongoing discussions are useful in promoting mutual understanding on the significant items to be improved with the IASB that will contribute to subsequent deliberations at the FASB and the ASBJ and to the future development of high-quality accounting standards. The ASBJ and the FASB agreed that they would continue to exchange views on issues faced and potential future concerns...
Leslie F. Seidman, Chairman of the FASB, stated, “Our ongoing dialogue with the ASBJ has led to a deeper appreciation of the issues that both the U.S. and Japan face in working toward our common goal of developing high-quality, comparable accounting standards. Our discussions this week were very informative and will help us achieve that goal.”
Read more about the points of focus discussed at the ASBJ-FASB joint meeting in the organizations' press releases linked above.
FEI Japan Chapter Launches With Roundtable on Feb. 22: Featured Speakers Bolash, Danaher and Taub
As previously reported in this blog, FEI is launching a new international chapter, FEI Japan, later this month.
The Feb. 22 inaugural event, sponsored by FEI and Keidanren, is a Technical Roundtable on IFRS and How it Relates to the U.S. and Japan.
Featured speakers at the FEI Japan event include Christopher Bolash, Partner, Advisory Services, Ernst & Young, LLP, Mitch Danaher, Deputy Comptroller, General Electric Company, and Scott Taub, Managing Director, Financial Reporting Advisors, and former deputy Chief Accountant of the U.S. Securities & Exchange Commission.
Questions about FEI Japan Chapter should be directed to Nancy Ehlers, Manager Professional Development, at FEI firstname.lastname@example.org (973) 765.1049.