ASBJ issues Revised Accounting Standard for Current Income Taxes, etc.

The Accounting Standards Board of Japan (ASBJ) today issued the following revised accounting standards and revised implementation guidance:

• ASBJ Statement No. 27(revised 2022), Accounting Standard for Current Income Taxes.
• ASBJ Statement No. 25(revised 2022), Accounting Standard for Presentation of Comprehensive Income.
• ASBJ Guidance No. 28(revised 2022), Guidance on Accounting Standard for Tax Effect Accounting.

The documents are available in Japanese only.