What's New (Oct, 2015)

October 14,2015

JICPA hosted a technical forum on the introduction of a new revenue recognition standard and lessons learned from the European experience on IFRS reporting with speakers from ICAEW and AICPA on October 5 and 6, 2015. Speakers from ICAEW and AICPA also met with JICPA management and members of technical committees and a study group on IFRS, and discussed the issues related to IFRS reporting and current situations in each country.

Speakers:

・Mr. Dan Noll(Director, AICPA)

・Mr. Richard Paul(Hospitality Leader on Revenue Recognition Working Group, AICPA)

・Dr. Nigel Sleigh-Johnson(Leader on Financial Reporting Faculty, ICAEW)

・Mr. Philip Barden(Financial Reporting Committee Member, ICAEW)

October 7,2015

On September 18, 2015, the 36th JICPA Annual Conference was held in Okinawa, with a main theme “Contributing to a Society – Revising the missions and responsibilities of CPAs.”

The total of 10 concurrent sessions were held, including the ones on the expanding the CPAs involvement in financial management of public and not-for-profit sectors, widening the area of services for CPAs particularly in assurance, and attracting more talents to the accounting profession.

Experts from the fields of business revitalization as well as corporate finance for business value creation also offered interesting perspectives on the current issues in each field.

The conference was attended by over 800 JICPA members and individuals from related fields.