Accounting Standards Board of Japan
Financial Accounting Standards Foundation
Sustainability Standards Board of Japan

ASBJ revises Accounting Standard for Presentation of Comprehensive Income and related Accounting Standard and Guidance

The Accounting Standards Board of Japan (ASBJ) has been deliberating whether to apply Accounting Standard for Presentation of Comprehensive Income to non-consolidated financial statements.

ASBJ has today issued the following revised pronouncements.

  • Revised Accounting Standard for Presentation of Comprehensive Income (ASBJ Statement No.25)
  • Revised Accounting Standard for Quarterly Financial Reporting (ASBJ Statement No.12)
  • Revised Guidance on Accounting Standard for Quarterly Financial Reporting (ASBJ Guidance No. 14)

The revised pronouncements provide that Accounting Standard for Presentation of Comprehensive Income will not be applied in non-consolidated financial statements for the time being.

The documents are available in Japanese only.