ASBJ issues Accounting Standard for Business Divestitures and Implementation Guidance on Accounting Standard for Business Combinations and Accounting Standard for Business Divestitures

The Accounting Standards Board of Japan (ASBJ) has today issued an Accounting Standard – ASBJ Statement No. 7 Accounting Standard for Business Divestitures and the related Implementation Guidance – ASBJ Guidance No. 10 Guidance on Accounting Standard for Business Combinations and Accounting Standard for Business Divestitures.
The document is available in Japanese.

The summary of the Statement and the Guidance is available here in English.