IFRS Perspectives - Q1 2017

Historically, Japanese Foreign Private Issuers (FPIs) have used US GAAP or JGAAP with a reconciliation to US GAAP. However, over the years IFRS has slowly but surely gained momentum in Japan.

To properly plan an effective transition, we offer ten factors for success plus five key things to consider.

The current/noncurrent classification of debt is important to investors because it changes a company’s working capital and liquidity portrayal.