The Structure of this Conceptual Framework
While there are a variety of ways to structure a conceptual framework in general,
this Conceptual Framework follows the structure of other conceptual frameworks that have
been developed by major accounting standard setting bodies outside Japan.
This is because these frameworks are well known in Japan
and the ASBJ believes that following their structure would facilitate the understanding of
this Framework and is expected to function more effectively.
In doing so, as noted above, the ASBJ believes that this Discussion Paper
would facilitate communications with standard setting bodies outside Japan.