Friday, June 20, 2014

The new index aimed also promote the introduction duolingo of IFRS in (JPX Nikkei index 400), the a


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Important point
Japan economic recovery headquarters of the Liberal Democratic Party, announced the recommendations to the growth strategy "playing Japan Vision". Major proposals on accounting standards are as follows. Reaffirming the commitment to develop "international standards, high-quality single", the government, should begin as soon as possible the concrete work towards the determination of the time schedule and the pros and cons of mandatory adoption of IFRS. Review the all measures towards IFRS arbitrary application of approximately duolingo 300 companies in the end of 2016, as well as put into action, the government should address creating an environment actively. To monitor the introduction of IFRS trend status of the company that hired the Nikkei index JPX 400, JPX is, evaluation should be made of the approach to the company, of measures to promote further. For listed companies, JPX is, should be encouraged that the basic concept on the application of IFRS, will be explained to investors. Conduct a survey of the benefits due transition to IFRS and how to overcome challenges to the transition to IFRS at the time of IFRS any affiliate, and published "IFRS application report (tentative name)" as the FSA, do the boost of companies looking to migrate should. Order to facilitate the transition to IFRS as the accounting standards of Japan, not a failure of M & A activity, and to improve the ease of use of IFRS, which should duolingo resolve issues early. Summary
Liberal Democratic Party (hereinafter, "Liberal Democratic Party") May 23, Japan economic recovery headquarters was published "Japan duolingo Play Vision" (hereinafter referred to as vision) and to be a recommendation to the growth strategy of the Abe administration is established in June . In the vision, seven items have been proposed to growth strategy, as a component of "financial drastic reform for Japanese play" One, to promote the development of human resources and companies to prevent the Galapagos of Japan, world-class for, "Internationalization accounting duolingo standards, corporate, unified international standards of the rule" has been proposed.
The new index aimed also promote the introduction duolingo of IFRS in (JPX Nikkei index 400), the adoption of IFRS was the "Additional fields", but is not a requirement. To monitor the introduction of IFRS trend status of the company that hired in the index stocks, If you do not see enough progress of IFRS adoption, and outreach to the company, vision, further promote, such as to increase the added point percentage I have suggested that evaluation should be made of the fence. Creating "IFRS application report (tentative name)" of promoting and description of views on IFRS for listed companies
For listed companies, vision, encourage by Tokyo Stock Exchange listing rules that about, is described to investors (study status, etc. If you are or are considering the application of IFRS, you are considering) the basic idea on the application of IFRS I have proposed that. In addition, to the Financial Services Agency, (including the application scheduled company) any affiliate of IFRS, how they overcame challenges to transition to IFRS at the time, whether there was like What are the benefits of migration, the like of, it is proposed to conduct the surveys, interviews, and published "IFRS application report (tentative name)" as, that it should make a boost of companies looking to migrate.
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