News Flash (Oct, 2009)

Partial revision of “Interpretive Guidance for Professional Ethics “

October 27,2009

JICPA approved, on September 1, 2009, the revision of Ethics Committee Statement No. 1 "Interpretive Guidance for Professional Ethics." The purpose of this revision is to clarify the interpretation of partner rotation system .

JICPA published “Practical Guidelines on IT Assurance Engagements”

October 27,2009

JICPA published, on September 1, 2009, IT Committee Report No.5 “Practical Guidelines on IT Assurance Engagements (General Guidelines)”. This report includes general matters, such as outline, assumptions and risks that should be noted in performing assurance engagements in accordance with International Standards on Assurance Engagements (ISAE) No. 3000 and Audit and Assurance Practice Committee Research Report No. 20 “Research Report on CPA’s Assurance Engagements.

Comments on the Exposure Draft of "Discount Rate for Employee Benefits"

October 6,2009

On September 30, 2009, the JICPA submitted comments on the Exposure Draft of "Discount Rate for Employee Benefits."
JICPA's comment letter to the IASB can be obtained at:

http://www.hp.jicpa.or.jp/english/news/images/4-11-0-2e-20091006.pdf(PDF · ６P · 25.7KB)

Comments on the Exposure Draft of "Fair Value Measurement"

October 1,2009

On September 28, 2009, the JICPA submitted comments on the Exposure Draft of "Fair Value Measurement".
JICPA's comment letter to the IASB can be obtained at:

http://www.hp.jicpa.or.jp/english/news/images/4-11-0-2e-20090928.pdf(PDF · 8P · 31.7KB)

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