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India-Japan Forum 2010

On July 27, 2010, India-Japan Forum 2010 “Issues ahead of Implementation of IFRSs” was held at the international convention room of the Keidanren-kaikan. This joint forum was held to present and share knowledge, experience and challenges in implementing IFRSs in India and Japan, and strengthen mutual cooperation between both countries.

Following the opening remark and keynote speech from Mr. Kouhei Ohtsuka, Senior Vice-Minister of the Cabinet Office, Mr. Shri R. Bandyopadyay, Secretary of the Ministry of the Corporate Affairs of India also presented a keynote speech from the Indian side. In addition to these, other key functionaries from representative organizations relating the IFRSs implementation issues in both countries presented their views on the application of or convergence with the IFRSs. Those representatives included, Mr. Shozo Yamazaki, Chairman and President of the JICPA, Mr. Amarjit Chopra of the Institute of Chartered Accountants of India (ICAI), Mr. Atsushi Saito, President and CEO of the Tokyo Stock Exchange (TSE), Mr. Shri C. B. Bhave, Chairman of the Securities and Exchange Board of India (SEBI), Sir David Tweedie, Chairman of the International Accounting Standards Board (IASB), and Mr. Ikuo Nishikawa, Chairman of the Accounting Standards Board of Japan (ASBJ). The forum was concluded by the active discussions of panelists from both countries moderated by Mr. Toshio Kinoshita, Chief Executive of the JICPA.