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Press Releases

This page provides links to current IASB and IASC Foundation press releases.

The ASBJ and the IASB hold fourth meeting on joint project towards convergence
29th Sep 2006
On September 28 and 29 in London, the Accounting Standards Board of Japan (ASBJ) and the International Accounting Standards Board (IASB) held their fourth joint meeting towards the final goal of achieving convergence between Japanese GAAP and International Financial Reporting Standards (IFRSs).

IFRIC publishes proposed guidance on customer loyalty programmes
7th Sep 2006
The International Financial Reporting Interpretations Committee (IFRIC) has today released for public comment a draft Interpretation, IFRIC D20 Customer Loyalty Programmes.  

IFRIC publishes proposed guidance on the IAS 19 asset ceiling and minimum funding requirements
24th Aug 2006
The International Financial Reporting Interpretations Committee (IFRIC) has today released for public comment a draft Interpretation, IFRIC D19 IAS 19—The Asset Ceiling: Availability of Economic Benefits and Minimum Funding Requirements.

The ASBJ and the IASB hold third meeting
2nd Mar 2006
On 1 and 2 March 2006 in Tokyo, the Accounting Standards Board of Japan (ASBJ) and the International Accounting Standards Board (IASB) held the third joint meeting towards the final goal of achieving convergence between Japanese GAAP and International Financial Reporting Standards (IFRSs).  Four board members including Professor Shizuki Saito, Chairman, and staff on behalf of the ASBJ and four board members including Sir David Tweedie, Chairman, and staff on behalf of the IASB attended the meeting. more..

Release Ceremony for Chinese Accounting Standards
20th Feb 2006

On the afternoon of February 15, the Ministry of Finance (MOF) held a ceremony to release 39 Chinese Accounting Standards for Business Enterprises and 48 Auditing Standards for Certified Public Accountants, marking the establishment of an accounting standards system for business enterprises and an auditing standards system for certified public accountants that suit the development of the  market economy and convergence with the international practices.


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