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IFRS Adoption Mission to India and Singapore

March 30, 2010

From February 8 to 11, 2010, Mr. Noriaki Shimazaki, Chairman of the Sub-committee on Accounting of the Nippon Keidanren (Japan Business Federation), Mr. Atsu Kato, The Accounting Standard Board of Japan (ASBJ) full-time Board member and Mr. Toshio Kinoshita, Chief Executive of JICPA, visited India and Singapore to meet with representatives of India and Singapore's accounting profession and government ministries, including the Minister of State for Corporate Affairs of India. This was as part of participating in the mission to both countries led by the IFRS Council being the private sector promotion council to address Japanese roadmap towards IFRS implementation. This fact finding mission, comprised of members from the Nippon Keidanren, the ASBJ and the JICPA, involved interactive discussions, and building partnership in terms of IFRS adoption.

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