"IFRS for Growth Strategy - Corporate Reporting for Long-term Value Creation" was successful
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.