Thank you very much for your kind cooperation to IFRS implementation project in Nikkiso.
We send the IFRS PKG files to you as we announced in June.
The files are as follows;
- IFRS PKG(Draft)
- Nikkiso Group Chart of Accounts(Financial Position)Draft
Please understand the IFRS PKG is likely to be changed in future because it has been reviewed by us and our auditor.
This time, information we have requested is only related to the opening statement of financial position (Opening BS) required under IFRS disclosure. Information related to PL is needed in fiscal 2016, the preparations are expected to be started in / after July 2016.
In IFRS PKG, you have more reporting contents than JGAAP PKG, and some are more complex to answer. In addition, your company's financial statements have to be reported on the basis of attached IFRS chart of accounts.
Therefore, you need to understand what must be adjusted in your report in advance and prepare for it. To do so, please confirm the IFRS PKG and reply to the questionnaires in the " Manual of Opening BS_PKG " sheet of IFRS PKG (Draft) by the end of November, with reference manual sheet included in the same file.
If you have any questions or concerns about how to respond, please do not hesitate to contact us. Please send your " IFRS PKG (Draft) " to the address below.
E-mail: nks.accounting@nikkiso.co.jp
If communication of e-mail is not efficient, we would like to have a discussion via television conferences.
Coming tasks in IFRS project of Nikkiso will be as follows.
- Consultation and determination of IFRS PKG’s work policy (Opening BS only); until 2015 end of December
- IFRS PKG (Opening BS only) official version release and work; March-April 2016
- IFRS PKG draft release (full version, including the PL) and preparation; in / after July 2016.