- Comments on “Proposals for Enhanced Public Accountability” (30 November 2009)
- Comments on Exposure Draft "Financial Instruments: Classification and Measurement" (4 September 2009)
- Comments on Discussion Paper “Credit Risk in Liability Measurement” (31 August 2009)
- Comments on Exposure Draft “Derecognition” (31 July 2009)
- Comments on Discussion Paper “Preliminary Views on Revenue Recognition in Contracts with Customers”
(19 June 2009) - Comments on “Request for Views” (20 April 2009)
- Comments on “Financial Statement Presentation” (13 April 2009)
- Pro-cyclicality of Accounting Standards and Banking Provisions (Comment Letter to SEC, 9 January 2009)
- Comment on IOSCO Technical Committee Members'f Initiatives Relating to Restrictions on Short Sales (24 December 2008)
- Survey of Analyst Opinions Regarding the Credit Crisis and Accounting Standards (Press Release, December 2008)
Activities of CAC in Fiscal 2007
The Corporate Accounting Committee(CAC) follows the developments of corporate accounting rules and regulations in order to present opinions from the viewpoint of securities analysts who are the main users of financial statements. The Committee held 4 meetings during fiscal 2007, and submitted the following comments to the Accounting Standards Board of Japan (ASBJ).
September 3, 2007
"Exposure Draft of Proposed Amendments to Accounting Standard for Financial Instruments"
September 26, 2007
"Issue Paper on Accounting Changes and Error Corrections"
October 19, 2007
"Exposure Draft of Accounting Standard for Disclosures about Segments"
February 4, 2008
"Issue Paper on Accounting for Business Combinations"
The Committee also held 2 meetings with ASBJ staffs to exchange views on impairments and ASBJ's plan for convergence of accounting standards. In June and November, an Executive Vice President of SAAJ attended meetings between the Analysts Representative Group and the International Accounting Standard Board (IASB) in London, and expressed views based upon the Committee's activities. In February 2008, he participated in the Japan Securities Summit Conference held in London by joint sponsorship of the Japan Securities Dealers Association and the International Capital Market Association, and delivered a speech on Japanese accounting standards as viewed by securities analysts.
