Notice of Open Meetings

All Meetings will be held at the FASB Office in Norwalk, CT unless otherwise noted.

Board Meeting Handouts


2012
Scheduled Meetings
Thursday,
May 10		 Liaison Meeting with the FASB’s Small Business Advisory Committee (SBAC), including a Joint Liaison Session with the FASB's Private Company Financial Reporting Committee (PCFRC), 9:00 a.m. – 3:00 p.m. EDT
(This meeting will be available by audio webcast.)

The Board will meet with the SBAC to discuss the following topics:
  1. Leases
  2. Nonpublic entities
  3. FASB projects on investment companies and nonpublic entity fair value measurement disclosures
  4. Agenda prioritization, emerging trends, and simplification projects.
The SBAC will hear a report from the chairman of the FASB on other Board activities. The SBAC also will hear reports from the FAF president and from representatives of the Office of the Chief Auditor of the Public Company Accounting Oversight Board, and the PCFRC. The PCFRC also will listen to the reports and will join the SBAC and the Board in discussing the first two topics.

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Thursday,
May 10		 Meeting of the FASB's Private Company Financial Reporting Committee, 1:15 p.m. – 5:15 p.m. EDT
(An audio recording of this roundtable meeting will be made available shortly after the meeting on the FASB website.)

The PCFRC will meet to discuss the following topics:
  1. Variable interest entity guidance
  2. Joint and several liability
  3. Nonpublic entity fair value measurement disclosures
  4. Decision-making framework for private companies
  5. Leases
  6. Agenda prioritization, emerging trends, and simplification projects.
Register to observe meeting in person
 
Friday,
May 11		 Meeting of the FASB's Private Company Financial Reporting Committee, including a Liaison Session with the Board, 8:30 a.m. – 11:15 a.m. EDT
(This meeting will be available by audio webcast.)

The PCFRC will resume its meeting from the previous day and will meet with the Board from 9:00 a.m. – 11:00 a.m.to discuss topics of mutual interest including the following:
  1. General update
  2. Variable interest entities
  3. Definition of a nonpublic entity
  4. Decision-making framework for private companies
  5. Leases
  6. Nonpublic entity fair value measurement disclosures
  7. Joint and several liability
  8. Agenda prioritization, emerging trends, and simplification projects.
Register to observe meeting in person
 
Monday,
May 14
 		 FASB Education Session, 3:00 p.m. EDT
(This meeting will be video webcast.)

The Board will discuss its research project to develop a decision-making framework for private companies.

(No decisions are made at education sessions.)

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Tuesday,
May 15
 		 FASB Education Session, 8:30 a.m. EDT
(This meeting will be video webcast.)

The Board will discuss the following projects:
  1. Technical corrections
  2. Transfers and servicing: repurchase agreements and similar transactions.
(No decisions are made at education sessions.)

Register to observe meeting in person
 
Wednesday,
May 16
 		 FASB Education Session, 7:30 a.m. EDT
(This meeting will be video webcast.)

The Board will discuss the following projects:
  1. Investment companies
  2. Accounting for financial instruments: classification and measurement
  3. Not-for-profit financial reporting: financial statements (This topic will begin at 10:00 a.m.)
  4. Insurance contracts.
(No decisions are made at education sessions.)

Register to observe meeting in person
 
2012
Tentatively Scheduled Meetings
 

The following is a list of open meetings tentatively scheduled through May 2012. Observers will be able to register for these meetings after the meetings have been formally announced (usually 1 week before the meetings or 30 days before if it is a Roundtable Meeting).
May 21 Joint FASB/IASB Board Meeting
May 22 Joint FASB/IASB Board Meeting
May 24 Joint FASB/IASB Board Meeting
May 25 FASB Education Session
May 30 FASB Board Meeting
May 30 FASB Education Session
Additional Details