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| JOINT FASB/IASB PROJECTS |
| Conceptual Framework Project |
| Preliminary Views, Conceptual Framework for Financial Reporting: Objective of Financial Reporting and Qualitative Characteristics of Decision-Useful Financial Reporting Information (issued 7/6/06) [Download] |
11/3/06 |
Redeliberations |
| Invitation to Comment, Selected Issues Relating to Assets and Liabilities with Uncertainties (issued 9/30/05) [Download] |
1/3/06 |
Comments will be considered in the measurement phase of the project |
| Standards Projects |
Invitation to Comment, Reducing Complexity in Reporting Financial Instruments
(Including IASB Discussion Paper, Reducing Complexity in Reporting Financial Instruments) (issued 03/28/08) [Download] |
9/19/08 |
Out for Comment |
| Preliminary Views, Financial Instruments with Characteristics of Equity (issued 11/30/07) [Download] |
5/30/08 |
Out for Comment |
| Proposed Statement, Earnings per Share—an amendment of FASB Statement No. 128 (issued 9/30/05) [Download] |
11/30/05 |
Redeliberations |
| FASB PROJECTS |
| Proposed Statement, Accounting for Financial Guarantee Insurance Contracts—an interpretation of FASB Statement No. 60 (issued 04/18/07) [Download] |
6/18/07 |
Redeliberations |
| Proposed Statement, Not-for-Profit Organizations: Mergers and Acquisitions (issued 10/9/06) [Download] |
1/29/07 |
Redeliberations |
| Proposed Statement, Not-for-Profit Organizations: Goodwill and Other Intangible Assets Acquired in a Merger or Acquisition—an amendment of FASB Statement No. 142 (issued 10/9/06) [Download] |
1/29/07 |
Redeliberations |
| Proposed Statement, Accounting for Transfers of Financial Assets—an amendment of FASB Statement No. 140 (issued 8/11/05) [Download] |
10/10/05 |
Redeliberations |
Proposed Statement, The Hierarchy of
Generally Accepted Accounting Principles1 (issued 4/28/05) [Download] |
6/27/05 |
A final FASB Statement will be issued concurrently with related AICPA and PCAOB documents. A near-final FASB Statement is posted to the FASB website. |
| Proposed Statement, Consolidated Financial Statements: Purpose and Policy (issued 2/23/99)
Front Matter through Appendix A
[Download]
Appendix B and C
[Download] |
|
Some issues were addressed in FIN 46(R). Other issues will be addressed in the joint FASB/IASB consolidations research project after related issues are addressed in the joint FASB/IASB conceptual framework project. |
New—Proposed FSP ARB 43-a—Amendment
of the Inventory Provisions of Chapter 4 of
ARB No. 43 (issued 05/01/08) [Download] |
6/16/08 |
Out for Comment |
|
Proposed FSP FAS 132(R)-a—Employers’ Disclosures about Postretirement Benefit Plan Assets (issued 03/18/08) [Download] |
5/02/08 |
Redeliberations |
|
Proposed FSP FAS 117-a—Endowments of Not-for-Profit Organizations: Net Asset Classification of Funds Subject to an Enacted Version of the Uniform Prudent Management of Institutional Funds Act, and Enhanced Disclosures (issued 02/22/08) [Download] |
4/18/08 |
Redeliberations |
|
Proposed FSP FAS 157-c—Measuring Liabilities under FASB Statement No. 157 (issued 01/18/08) [Download] |
2/18/08 |
Redeliberations |
|
Proposed FSP SOP 94-3-a and AAG HCO-a—Omnibus Changes to Consolidation and Equity Method Guidance for Not-for-Profit Organizations (issued 09/27/07) [Download] |
11/30/07 |
Redeliberations |
|
Proposed FSP APB 14-a—Accounting for Convertible Debt Instruments That May Be Settled in Cash upon Conversion (Including Partial Cash Settlement) (issued 08/31/07) [Download] |
10/15/07 |
Redeliberations |
|
Proposed FSP FAS 154-a—Considering the Effects of Prior-Year Misstatements When Quantifying Misstatements in Current-Year Financial Statements (issued 03/13/07) [Download] |
|
The Board decided not to issue a final FSP at this time and removed this item from its agenda. |
|
Proposed FSP FAS 128-a—Computational Guidance for Computing Diluted EPS under the Two-Class Method (issued 01/26/07) [Download] |
|
The Board agreed to codify the guidance in the proposed FSP into Statement 128 through its agenda project on Earnings per Share, rather than that guidance being issued in the form of a final FSP. |
| Proposed FSP FAS 144-c—Classifying and Accounting for a Depreciable Asset as Held-for-Sale When an Equity Method Investment Is Obtained (issued 10/26/06) [Download] |
|
The Board decided not to finalize the proposed FSP. |
| Proposed FSP EITF 03-6-a—Determining Whether Instruments Granted in Share-Based Payment Transactions Are Participating Securities (issued 10/20/06) [Download] |
12/19/06 |
Redeliberations |
| Proposed EITF Consensus, EITF Issue No. 07-5, "Determining Whether an Instrument (or Embedded Feature) Is Indexed to an Entity's Own Stock" (issued 04/01/08) [Download] |
05/5/08 |
Out for Comment |
| Proposed EITF Consensus, EITF Issue No. 08-3, "Accounting by Lessees for Nonrefundable Maintenance Deposits" (issued 04/01/08) [Download] |
05/5/08 |
Out for Comment |
| Proposed EITF Consensus, EITF Issue No. 08-4, "Transition Guidance for Conforming Changes to Issue No. 98-5" (issued 04/01/08) [Download] |
05/5/08 |
Out for Comment |
Proposed Statement 133 Implementation
Issue No. C21, Whether Options (Including Embedded Conversion Options) Are Indexed to both an Entity’s Own Stock and Currency Exchange Rates (issued 04/19/07) [Download] |
5/24/07 |
The Board deferred making a decision on confirming its tentative conclusions in proposed Issue C21 and asked that it be subsumed into EITF Issue No. 07-5, "Determining Whether an Instrument (or Embedded Feature) is Indexed to an Entity's Own Stock." Discussion of that EITF issue is expected to continue at the March 12, 2008 EITF meeting. |
| Proposed Statement 133 Implementation Issue No. H17, Foreign Currency Hedges: Hedging Functional-Currency- Equivalent Proceeds to Be Received from a Forecasted Foreign-Currency-Denominated Debt Issuance (issued 12/28/06) |
|
The Board decided not to issue a final Implementation Issue and removed this project from its agenda. The Board will consider at a future date whether to address the application of cash flow hedging and other issues within a broader derivatives project. |
| Proposed Statement 133 Implementation Issue No. F9, Hedging a Portion of a Portfolio of Fixed-Rate Loans (issued 1/01) [Download] |
2/23/01 |
Open |
| Proposed Statement 133 Implementation Issue No. B12, Beneficial Interests Issued by Qualifying Special-Purpose Entities (issued 10/99) [Download] |
7/1/02 |
Open; revised 6/16/06 |
Invitation to Comment, An FASB Agenda Proposal: Accounting for Insurance Contracts
by Insurers and Policyholders, Including the IASB Discussion Paper, Preliminary Views on Insurance Contracts (issued 08/02/07) [Download] [267 pages] |
11/16/07 |
Insurance Forum to discuss comments received on Invitation to Comment and other topics planned for Spring 2008. Agenda decision planned for third quarter 2008. |
| Invitation to Comment, Bifurcation of Insurance and Reinsurance Contracts for Financial Reporting (issued 5/26/06) [Download] |
8/24/06 |
The Board decided to focus on issues other than bifurcation in the insurance and reinsurance risk transfer project. |
