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

ASBJ releases Exposure Drafts of Proposed Amendments to several Accounting Standards, following the issuance of the Accounting Standard for Accounting Changes and Error Corrections

The Accounting Standards Board of Japan (ASBJ) has today released for public comment the following Exposure Drafts:

  • Amendments to ASBJ Statement No.12　Accounting Standard for Quarterly Financial Reporting (Exposure Draft of Statement, No.41)
  • Amendments to ASBJ Statement No.17　Accounting Standard for Disclosures about Segments of an Enterprise and Related information (Exposure Draft of Statement, No.42)
  • Amendments to ASBJ Guidance No.14 Guidance on Accounting Standard for Quarterly Financial Reporting (Exposure Draft of Guidance, No.37).

These Exposure Drafts propose amendments to the existing standards to adjust them to the Accounting Standard for Accounting Changes and Error Corrections (ASBJ Statement No.24) issued in December 2009, mainly with regard to the treatments for retrospective application in quarterly financial reporting and segment reporting.

The comment deadline is May 31, 2010.

The document is available in Japanese only.