The Corporate Accounting Committee (CAC) is a standing committee of the SAAJ composed of 14 members, most of whom are financial statement users including equity and credit analysts and portfolio managers while a few are academicians and public accountants. The CAC actively 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.

In 2010, the CAC submitted 15 comment letters to domestic and global accounting standard setters and regulators, including 7 letters to the IASB and 1 to the FASB. In June, the SAAJ conducted a comprehensive opinion survey of its members on accounting standards. The survey results were first publicized by Executive Vice President of the SAAJ in his speech at the IFRS Conference held in Tokyo in July. The English translation of the survey was published in October. Following is the list of recent CAC opinion letters and SAAJ survey results available in English. (Last updated: December 2010)

• Comments on Request for Views on “Agenda Consultation 2011” (30 November 2011)
• Comments on the Report of the Trustees’ Strategy Review(25 July 2011)
• Comments on Consultative Report on “The Review of the IFRS Foundation’s Governance” (8 April 2011)
• Comments on Supplement to Exposure Draft “Financial Instruments : Impairment”(1 April 2011)
• Comments on Exposure Draft “Hedge Accounting”(9 March 2011)
• Comments in Response to Paper for Public Consultation,“Status of Trustees’ Strategy Review” (18 February 2011)
• Comments in Response to Request for Views on “Effective Dates and Transition Methods” (31 January 2011)
• Comments on Exposure Draft “Leases”(15 December 2010)
• Comments on Exposure Draft “Revenue from Contracts with Customers”(22 October 2010)
• Survey on Accounting Standards (October 2010)
• Comments on Exposure Draft “Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities”(30 September 2010)
• Comments on Exposure Draft “Presentation of Items of Other Comprehensive Income”(30 September 2010)
• Comments on Exposure Draft “Defined Benefit Plans”(3 September 2010)
• Comments on Exposure Draft “Fair Value Option for Financial Liabilities”(16 July 2010)
• Comments on Exposure Draft “Financial Instruments：Amortized Cost and Impairment”(30 June 2010)
• Comments on Exposure Draft “Measurement of Liabilities in IAS 37” (12 May 2010)
• 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)
• Comments on IOSCO Technical Committee Members' 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)