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2012, May 23

Japan Releases Exposure Draft of Accounting Standard for Retirement Benefits

Japan Releases Exposure Draft of Accounting Standard for Retirement Benefits

by CFO Innovation Staff, 22 March 2010
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The Accounting Standards Board of Japan (ASBJ) has today released for public comment the Exposure Draft of Accounting Standard for Retirement Benefits (Exposure Draft of Statement No.39) and the Exposure Draft of Implementation Guidance on Accounting Standard for Retirement Benefits (Exposure Draft of Guidance No.35).

 

The Exposure Drafts propose to replace the following standards and guidelines.

 

  • Accounting Standard for Retirement Benefits (issued by Business Accounting Council in 1998)
  • Partial Amendments to Accounting Standard for Retirement Benefits (ASBJ Statement No.3)
  • Partial Amendments to Accounting Standard for Retirement Benefits (Part2) (ASBJ Statement No.14)
  • Partial Amendments to Accounting Standard for Retirement Benefits (Part3) (ASBJ

Statement No.19)

  • Statement of Opinion on the Establishment of Accounting Standard for Retirement Benefits (issued by Business Accounting Council in 1998)
  • Practical Guideline on Accounting Standards for Retirement Benefits (Interim Report) (issued by Japanese Institute of Certified Public Accountants in 1999)
  • Q&A on Accounting for Retirement Benefits (issued by Japanese Institute of Certified Public Accountants in 2000)

 

The comment deadline is May 31, 2010.

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