IASB IFRS Early Adoption in Japan

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http://www.iasb.org/News/Press+Releases/IASB+welcomes+decision+by+Japanese+FSA+to+permit+domestic+use+of+IFRSs+for+current+financial+year.htm

The International Accounting Standards Board (IASB) welcomes the recent regulatory changes announced by the Japan Financial Services Agency (FSA) on 11 December 2009. The changes establish an operational framework for the voluntary application of International Financial Reporting Standards (IFRSs) in Japan, starting from the fiscal year ending on or after 31 March 2010 and represent an important step towards the adoption of IFRSs in Japan.

http://www.iasb.org/Current+Projects/IASB+Projects/IASB+Work+Plan.htm

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