Mr. Robert H. Herz, former Chairman of FASB, visits JICPA
From December 4 to 5, 2014, Mr. Robert H. Herz, a former Chairman of Financial Accounting Standards Board (FASB) and also a former Board Member of the International Accounting Standards Board (IASB) visited JICPA.
Series of interviews were conducted with Mr. Herz, including the ones with Mr. Kimitaka Mori, Chairman and President of JICPA and other JICPA representatives, in regards to the future of corporate reporting such as disclosure of non-financial information and integrated reporting, overall international activities, and the recent movements of IFRS in US.
Mr. Herz also delivered a seminar to JICPA members, entitled “International Convergence and IFRS in the US,” which was followed by a discussion with Mr. Tatsumi Yamada, a former Board Member of IASB and Head of IFRS in KPMG’s Asia Pacific region.
On the evening of December 5, meeting with JICPA associate members was also arranged to communicate with Japanese young accounting professionals about the importance of having international experiences and the values of advancing a career as CPAs.
