| Japan | US | IAS/IFRS/ISA | |
|---|---|---|---|
| Impairment |
-Voluntarily from FY 2003 -カジノシークレット おすすめf FY 2005 -Now ASBJ is studying guidelines -No standards on Investment Property |
-カジノシークレット おすすめf FY 1995 (FAS121) -No standards on Investment Property |
-カジノシークレット おすすめf FY 1998 (IAS36:Impairment) -カジノシークレット おすすめf FY 2000 (IAS40:Investment Property) |
| Business Combination |
-カジノシークレット おすすめf FY 2006 (scheduled) -Now BAC is studying based on public comments against the exposure draft released in August 2003 |
-カジノシークレット おすすめf FY 1970 (APB16) -カジノシークレット おすすめf FY 2001 (FAS141,142) |
-カジノシークレット おすすめf FY 1998 (IAS22) -Now IASB is studying to revise |
| Going Concern | -カジノシークレット おすすめf FY 2002 | -カジノシークレット おすすめf FY 1988 (SAS59) | -カジノシークレット おすすめf FY 1994 (ISA570) |
| Full Fair Value Accounting on Financial Instruments | -N/A | -N/A |
-N/A JWG* proposed draft standards in 2000 |
| Stock Options |
-Now ASBJ is studying standards -Commercial Code requires to disclose information on stock options |
-カジノシークレット おすすめf FY 1995 (FAS123) (Recognition of expenses is voluntary) -Now FASB is studying to revise |
-Now IASB is studying standards |
* The JWG (Joint Working Group) comprised representatives or members of accounting standard setters or professional organizations in Australia, Canada, France, Germany, Japan, New Zealand, five Nordic countries, the United Kingdom, the United States, and the IASC. The IASB takes over its work.
| Market | Japan | US | EU etc |
|---|---|---|---|
| Regulator |
Financial Services Agency |
SEC |
IOSCO European Commission Regulators of each counties in EU |
| Management Organization of Standard Setter | FASF | FAF | IASCF |
| Standard Setter |
BAC ASBJ |
FASB |
IASB |
| Accounting Standards |
Standards released by ASBJ Statements released by BAC |
USGAAP (SFAS, APB (released by AICPA) etc) |
IAS IFRS (from 2005) |
| AICPA | The American Institute of Certified Public Accountants |
| APB | (Opinion of) the Accounting Principles Boards |
| ASBJ | Accounting Standards Board of Japan |
| BAC | Business Accounting Council (managed by FSA as a public sector) |
| FAF | Financial Accounting Foundation |
| FASB | Financial Accounting Standards Board |
| FASF | Financial Accounting Standards Foundation |
| IAS | International Accounting Standards |
| IASB | International Accounting Standards Board |
| IASCF | International Accounting Standards Committee Foundation |
| IFRS | International Financial Reporting Standards |
| IOSCO |
International Organization of Securities Commissions (consisted of regulators of 102 countries and regions, including FSA and SEC) |
| SEC | The Securities Exchange Commission |
| SFAS | Statements of Financial Accounting Standards |
| USGAAP | United States Generally Accepted Accounting Principles |