regulation in Japan; Institutional background; Achieving the convergence of IFRS and Japanese GAAP (2001-2006); Voluntary … adoption of IFRS (2007-2011); Increasing the voluntary application of IFRS (2011-); Summary; 3 Interplay between Japan …

"Little has been published on accounting standards in Japan and how they have developed. The purpose of this study is … to construct a historical narrative of the interplay between accounting standards in Japan and theories of regulation …. The authors demonstrate that delegation of the authority for accounting standard setting to the private sector in Japan is …