ASBJ Releases the Exposure Drafts on the-Practical Guidelines Transferred from the JICPA（Transferred Guidance）

The Accounting Standards Board of Japan (ASBJ) has today released for the public comment the following Exposure Drafts:

• Exposure Draft of Application of Transferred Guidance
• Exposure Draft of the Accounting and Presentation of Loan Participations（Exposure Draft of Transferred Guidance, No.1）
• Exposure Draft of Practical Guidelines on the Accounting for Foreign Currency Transactions（Exposure Draft of Transferred Guidance, No.2）
• Exposure Draft of Practical Guidelines on the Accounting for Lease Transactions in Consolidated Financial Statements（Exposure Draft of Transferred Guidance, No.3）
• Exposure Draft of Practical Guidelines on the Procedures to Consolidate Equity Accounts in Consolidated Financial Statements（Exposure Draft of Transferred Guidance, No.4）
• Exposure Draft of Practical Guidelines on the Procedures to Consolidate Equity Accounts for Indirect Shareholdings in Consolidated Financial Statements（Exposure Draft of Transferred Guidance, No.5）
• Exposure Draft of Practical Guidelines on the Preparation of Cash Flow Statements in Consolidated Financial Statements（Exposure Draft of Transferred Guidance, No.6）
• Exposure Draft of Practical Guidelines on the Preparation of the Equity Method of Accounting（Exposure Draft of Transferred Guidance, No.7）
• Exposure Draft of Practical Guidelines on the Accounting for Research and Development Costs and Software（Exposure Draft of Transferred Guidance, No.8）
• Exposure Draft of Practical Guidelines on the Accounting for Financial Instruments（Exposure Draft of Transferred Guidance, No.9）
• Exposure Draft of Practical Guidelines on the Accounting by Transferors for the Securitization of Real Estate Using Special-Purpose Companies（Exposure Draft of Transferred Guidance, No.10）
• Exposure Draft of Q&A on the Accounting for Research and Development Costs and Software（Exposure Draft of Transferred Guidance, No.11）
• Exposure Draft of Q&A on the Accounting for Financial Instruments（Exposure Draft of Transferred Guidance, No.12）
• Exposure Draft of Q&A on the Accounting by Transferors for the Securitization of Real Estate Using Special-Purpose Companies（Exposure Draft of Transferred Guidance, No.13）
• Exposure Draft of Q&A on the Accounting for Land Revaluation Differences（Exposure Draft of Transferred Guidance, No.14）

The comment deadline is June 3, 2024.

The documents are available in Japanese only.