What's New (Oct, 2007)

JICPA has participated in a project aimed at improving accounting and auditing in Mongolia, since 2005. The project is run by the Japan International Cooperation Agency (JICA). JICPA accepted ten trainees from Mongolia for ten days from September 3^rd through 14^th, 2007. They mostly studied the accounting and auditing system in Japan, including auditing standards and CPE. This year they have participated in audit practices training for three days, and a computer-assisted audit for one day.

This project was completed this year. We expect that this three years of training will benefit the Mongolian Institute of CPAs.

JICPA hosted the 17^th Conference of the Confederation of Asian and Pacific Accountants (CAPA Osaka Conference) on October 3rd through 5th, 2007, at the Osaka International Convention Center as the main venue. The 28^th JICPA Annual Conference was jointly held during the same period.

Over 500 people from CAPA member bodies, including about 200 delegates from China and about the same number from Korea, attended the conferences. We also welcomed participants from non-member jurisdictions such as Iran and Russia. Including participants from Japan, about two thousand people attended.

The main theme of the conferences was "How professional accountants can develop the Asian economy." At the opening ceremony on October 4^th, JICPA was honored to welcome the Japanese Imperial Family. The special lecture was provided by Mr. Kunio Nakamura, chairman of the board of Matsushita Electric Industrial Co., Ltd. The main theme was discussed by the presidents of each of the professional bodies of Japan, China, Korea and India, including the president of IFAC, during the panel discussion. Fifteen concurrent sessions were held over two days, and the conferences closed successfully on October 5^th.

  

The International Relations Committee completed the translation of JICPA's Code of Ethics, which was amended in December 2006.

More information about the revision of the Code of Ethics and the translated document are available at http://www.hp.jicpa.or.jp/english/accounting/ethics/index.html