What's New (Sep, 2015)
Ms. Yael Almog, Executive Director of IFRS Foundation, visits JICPA
September 24,2015
On September 9, 2015, Ms. Yael Almog, Executive Director of IFRS Foundation, visited JICPA.
On this occasion of the visit, Mr. Kimitaka Mori, Chairman and President of JICPA, and representatives from relating committees on IFRS met with Ms. Almog, and had a discussion on the request for views on trustees’review of structure and
effectiveness published by IFRS Foundation in July.
Mr. Hugh Shields, Executive Technical Director of IASB, visits JICPA.
September 24,2015
On September 9, 2015, Mr. Hugh Shields, Executive Technical Director of IASB, visited JICPA.
On this occasion of the visit, representatives from relating committees on IFRS met with Mr. Shields, and had a discussion on the 2015 agenda consultation published by IASB in August.
JICPA hosts a joint seminar on Framework-based understanding of IFRS.
September 24,2015
On September 3, 2015, JICPA and IFRS Foundation hosted a second joint seminar on Framework-based understanding of IFRS.
In the first half of the seminar, Mr. Michael Wells, IASB IFRS Education Initiative Director, spoke about the importance of understanding IFRS with a focus on the purpose of financial reporting as regulated in the Conceptual Framework.
In the second half of the seminar, Mr. Takatsugu Ochi, IASB member, and Mr. Tatsumi Yamada, former IASB member, presented concepts and issues related to the implementation of IFRS 9 Financial Instruments and IFRS 15 Revenue from Contracts with Customers.
"IFRS for Growth Strategy - Corporate Reporting for Long-term Value Creation" was successful
September 24,2015
On September 9, 2015, JICPA co-sponsored a conference entitled “IFRS for Growth Strategy – Corporate Reporting for Long-term Value Creation” to discuss the future of corporate reporting in the age of globalization.
Mr. Kiyoshi Odawara, a member of the House of Representatives and a secretary general of the Liberal Democratic Party’s sub-committee on corporate accounting, opened the conference with a speech on the future of accounting standards, followed by keynote remarks by Mr. Tokio Morita, Deputy director-General of the Planning and Coordination Bureau of the Financial Services Agency and Mr. Hugh Shields, Executive Technical Director of the International Accounting Standards Board.
Heated discussion over the use of IFRS for enhancing further growth followed after the opening remarks, with panelists including Mr. Kimitaka Mori, Chairman and President of JICPA, Mr. Koichiro Miyahara, President of Tokyo Stock Exchange, Inc., Mr. Yoshiaki Nishimura, President and CEO of Sumitomo Riko Company Limited, and Mr. Masao Yanaga, Professor of Tsukuba University.
Seminar Invitation to GAA members - IESBA and IAASB
September 18,2015
JICPA will host seminars on “Introducing the IESBA’s recent activities and the JICPA’s undertakings” featuring Dr. Stavros Thomadakis, Chair of IESBA and “Enhancing Audit Quality” featuring Prof.Arnold Schilder, Chair of IAASB, on October 7, 2015.
Part1
◇Seminar on IESBA activities featuring IESBA Chair
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Date |
October 7 13:30 – 15:10 (at JICPA headquarters) |
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Main theme |
Introducing the IESBA’s recent activities and the JICPA’s undertakings |
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Speakers |
・Dr. Stavros Thomadakis (IESBA Chair) ・Mr. Atsushi Kato (IESBA Board Member) ・Mr. Mineo Kanbayashi (Executive Board member of JICPA) |
Part2
◇Seminar on IAASB activities featuring IAASB Chair
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Date |
October 7 15:30 – 17:30 (at JICPA headquarters) |
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Main theme |
Enhancing Audit Quality |
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1．Introduction -IAASB’s recent activities related to enhancing audit quality and audit transparency (focus on audit report) -JICPA’s recent activities (Revision of ASCS260, issuance of audit quality framework) 2．Panel Discussion -Topic : KAM, Assessment of audit quality , AQIs, and other related topics -Panelists: ・Prof. Arnold Schilder（IAASB Chair） ・Mr. James Gunn (IFAC Managing Director , Professional Standards) ・Representatives from users, preparers, academia, and TCWG ・Coordinator：Ms. Sayaka Sumida (Executive Board member of JICPA and IAASB Board Member) |
For those interested members of institutes in GAA, please contact JICPA secretariat at international@sec.jicpa.or.jp by September 28, 2015.
Seminar Invitation to GAA members - "the introduction of a new revenue recognition standard and lessons learned from the European experience on IFRS reporting"
September 17,2015
JICPA will host a seminar on the introduction of a new revenue recognition standard and lessons learned from the European experience on IFRS reporting with speakers from the American Institute of Certified Public Accountants (AICPA) and the Institute of Chartered Accountants in England and Wales (ICAEW), on October 6, 2015, from 14:00 to 15:30 at JICPA headquarters.
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Date |
October 6 14:00 – 15:30 (at JICPA headquarters) |
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Main theme |
-Responding to the introduction of a new revenue recognition standard -Lessons learned from European experience on IFRS reporting |
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Speakers |
・Mr. Dan Noll （Director, AICPA ） ・Mr. Richard Paul（Hospitality Leader on Revenue Recognition Working Group, AICPA） ・Dr. Nigel Sleigh-Johnson (Leader, Financial Reporting Faculty, ICAEW） ・Mr. Philip Barden(Financial Reporting Committee Member, ICAEW） |
For those interested members of institutes in GAA, please contact JICPA secretariat at international@sec.jicpa.or.jp by September 28, 2015.
For details of the GAA, please visit: http://globalaccountingalliance.com/
IPSASB chairman visits JICPA
September 16,2015
On August 27, 2015, JICPA held a meeting with Prof. Dr. Andreas Bergmann, chairman of the International Public Sector Accounting Standards Board (IPSASB), who visited Japan for outreach activities.
On this occasion of the visit, Prof. Dr. Bergmann delivered a special lecture, entitled “IPSASB’s latest trend and effect on Japan" on August 27.
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