ASBJ issues the Practical Solution on the Tentative Treatment of Accounting for and Disclosures of Certain Electronic Means of Payments under the Payment Services Act, etc.

The Accounting Standards Board of Japan (ASBJ) has today issued the following Practical Solution and revised accounting standards:

• The Practical Solution No. 45, the Tentative Treatment of Accounting for and Disclosures of Certain Electronic Means of Payments under the Payment Services Act.
• ASBJ Statement No. 32, Partial Amendments to the Accounting Standard for Preparing Consolidated Statements of Cash Flows.

The documents are available in Japanese only.

About the Practical Solution on the Tentative Treatment of Accounting for and Disclosures of Certain Electronic Means of Payments under the Payment Services Act