IFRS Digital Reporting Workshop, Tokyo

March 5, 2018

In conjunction with Nomura Research Institute, ACGA is supporting the 13th IFRS Digital Reporting Workshop in Tokyo, Japan on Monday, March 5, 2018. 

 

Mr. Takatsugu Ochi, Board Member, International Accounting Standards Board (IASB), London, is the keynote speaker and he will discuss the new "IASB paper on Disaggregation & Aggregation of Accounts".

 

This issue touches upon an area of concern to ACGA in recent years, namely the low level of disclosure around operating expenses in some company accounts in the region. We believe the relevant IFRS standard is not always being interpreted in the spirit intended and that some issuers are aggregating disparate expenses under broad categories that should be separated, with limited narrative as to what the numbers mean. Part of the discussion will focus on the evolving issue of materiality in the context of financial reporting.

The event takes place between 18.30 and 20.00 at 29/F, Otemachi Financial City Grand Cube, Tokyo.