Japão e o Valor Justo

Segundo o Financial Times (Tokyo offers support for 'fair value' accounting standard, Rachel Sanderson, 8/3/2010), o Japão irá adotar a regra contábil do valor justo para algumas empresas. A decisão foi tomada pelo Japanese Financial Services Agency

The rule values loans and loan-like instruments at cost, and everything else, including complex instruments such as derivatives, at fair value. Accountants consider it a good compromise position in the fair value debate.

The decision by Japan, the world's second-largest capital market after the US, to show support for IFRS, or International Financial Reporting Standards, will go some way to bolster the position of the International Accounting Standards Board and its chairman, Sir David Tweedie, at a difficult time.

European politicians sent shockwaves through the accounting world last year by refusing to sanction an early introduction of IFRS 9 on fair value. Those opposed said that the rule did not go far enough to limit the use of fair value accounting.

Then the US Securities and Exchange Commission last month voted to wait until 2011 to decide whether US companies should adopt the IASB's International Financial Reporting Standards. Experts say that fair value is a sticking point, as US standards setters support a greater use than is advocated in Europe.

Japanese executives, including Atsushi Saito, president and chief executive of the Tokyo Stock Exchange, have voiced frustration at the failure of the US and Europe to come to an agreement on IFRS.

IFRS rules are in use or due to be adopted by more than 110 countries including those of Europe.