Tentative Board Decisions

Tentative Board decisions are provided for those interested in following the Board’s deliberations. All of the reported decisions are tentative and may be changed at future Board meetings.

Wednesday, November 17, 2021 FASB Board Meeting

Identifiable intangible assets and subsequent accounting for goodwill. The Board discussed the staff’s research and analysis on the elements of an estimated goodwill amortization model. Specifically, the discussion involved an overall amortization period estimation principle, a possible list of factors, providing a cap and floor on the amortization period, and the reassessment of an estimated goodwill amortization period. The Board made no decisions.