The roadmap approved by the Business Accounting Council (BAC: an advisory body to the FSA) in June 2009 indicated that mandatory adoption of IFRS might start in 2015 or 2016, subject to the final decision which was to be made around 2012. Since June 2011, the BAC has been redeliberating about use of IFRS in Japan to reach the consensus of BAC members. The final decision has not yet been made.