World Accounting Report
Japan proposes amendments to IFRS 9 in its modified standards
The Accounting Standards Board of Japan (ASBJ) has now reviewed IFRS issued in 2013 and is proposing that IFRS 9 as issued in 2013 should be amended to recycle hedging gains and losses from OCI to profit or loss. It proposes to adopt IFRIC 21 on levies without change.