Japan delays accounting changes - reports

clock

JAPAN - The implementation of new accounting rules that would have forced companies to book pension fund shortfalls as liabilities on their balance sheets is to be postponed, according to reports.

The changes, set out by the Accounting Standards Board of Japan, were due to come into effect this year as the second stage of a shift to value accounting. The move began in 2008 when firms were re...

To continue reading this article...

Join Professional Pensions

  • Unlimited access to real-time news, analysis and opinion from the industry
  • Receive our in-depth monthly magazine in either print or digital format
  • Access our Sustainable Investment Hub covering news and opinion from thought leaders in the ESG space
  • Receive important and breaking news stories selected by the Editors in our daily newsletter
  • Hear from industry experts and other forward-thinking leaders
  • Receive a monthly members-only newsletter with exclusive opinion pieces from leading industry experts and a feature from the magazine in advance of its release date

Join now

 

Already a Professional Pensions
member?

Login

More on Japan

AIJ president arrested in £878m Japanese pension scandal

Four executives of AIJ Investment Advisors have been arrested in an alleged fraud relating to missing pension fund money.

Jonathan Stapleton
clock 20 June 2012 •

Seismic shift in risk appetite sees Japan's managers suffer

Recently released year-end results show assets under management for Japanese asset managers were down 12% in the year ended March 31, as Gavin Blair reports

Gavin Blair
clock 06 September 2011 •

GPIF returns 0.21% in Q2 as assets fall by $33bn

JAPAN - Japan's public pension fund scraped a small return on its investments in the second quarter after its assets fell by $33bn, its latest report shows.

clock 30 August 2011 •
Trustpilot