Board Activities
EXPOSURE DOCUMENTS
The full text of the exposure documents listed below can be downloaded by their corresponding links.
Copyright Notice for FASB Pronouncements Listed Below
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Joint FASB/IASB Projects (Updated: March 19, 2009)
FASB Projects (Updated: June 24, 2009)
| DOCUMENT | COMMENT DEADLINE | STATUS |
| JOINT FASB/IASB PROJECTS | ||
| Conceptual Framework Project | ||
| Exposure Draft, Conceptual Framework for Financial Reporting: The Objective of Financial Reporting and Qualitative Characteristics and Constraints of Decision-Useful Financial Reporting Information (issued 5/29/08) [Download] | 9/29/08 | Redeliberations |
| Preliminary Views, Conceptual Framework for Financial Reporting: The Reporting Entity (issued 5/29/08) [Download] | 9/29/08 | Redeliberations |
| Standards Projects | ||
| Discussion Paper, Leases: Preliminary Views (issued 03/19/09) [Download] | 7/17/09 | Out for Comment |
| Discussion Paper, Preliminary Views on Revenue Recognition in Contracts with Customers (issued 12/19/08) [Download] | 6/19/09 | Out for Comment |
| Discussion Paper, Preliminary Views on Financial Statement Presentation (issued 10/16/08) [Download] | 4/14/09 | Redeliberations |
| Proposed Statement (Revised), Earnings per Share—an amendment of FASB Statement No. 128 (issued 8/07/08) [Download] | 12/05/08 | Redeliberations |
| Preliminary Views, Financial Instruments with Characteristics of Equity (issued 11/30/07) [Download] | 5/30/08 | Deliberations |
| 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 |
| FASB PROJECTS | ||
| New—Proposed Statement, Disclosures about the Credit Quality of Financing Receivables and the Allowance for Credit Losses (issued 6/24/09) [Download] |
8/24/09 | Out for Comment |
| Proposed Statement, Rescission of FASB Technical Bulletin No. 01-1, Nullification of EITF Topics No. D-33 and No. D-67, Amendments, and Technical Corrections (issued 03/16/09) [Download] | 05/15/09 | Out for Comment |
| Proposed Statement, Going Concern (issued 10/09/08) [Download] | 12/08/08 | Redeliberations |
| Proposed Statement, Accounting for Transfers of Financial Assets—an amendment of FASB Statement No. 140 (issued 9/15/08) [Download] (Appendix C—Amendments to Other Authoritative Literature in the proposed Statement, Accounting for Transfers of Financial Assets, was posted to the website September 19, 2008) [Download] |
11/14/08 | Redeliberations |
| Proposed Statement, Amendments to FASB Interpretation No. 46(R) (issued 9/15/08) [Download] | 11/14/08 | Redeliberations |
| Proposed Statement, Accounting for Hedging Activities—an amendment of FASB Statement No. 133 (issued 6/6/08) [Download] | 8/15/08 | Redeliberations |
| Proposed Statement, Disclosure of Certain Loss Contingencies—an amendment of FASB Statements No. 5 and 141(R) (issued 6/5/08) [Download] | 8/8/08 | Redeliberations |
| Proposed Statement, Consolidated Financial Statements: Purpose and Policy (issued 2/23/99)
Front Matter through Appendix A |
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. | |
| Proposed FSP FAS 157-g, Estimating the Fair Value of Investments in Investment Companies That Have Calculated Net Asset Value per Share in Accordance with the AICPA Audit and Accounting Guide, Investment Companies (issued 6/08/09) [Download] |
7/08/09 | Out for Comment |
| Proposed FSP FIN 48-d, Application Guidance for Pass-through Entities and Tax-Exempt Not-for-Profit Entities and Disclosure Modifications for Nonpublic Entities (issued 5/18/09) [Download] |
6/17/09 | Out for Comment |
| Proposed FSP FAS 157-f, Measuring Liabilities under FASB Statement No. 157 (issued 5/01/09) [Download] |
6/01/09 | Out for Comment |
| Proposed FSP FAS 144-d, Amending the Criteria for Reporting a Discontinued Operation ( issued 9/25/08) [Download] |
1/23/09 | Redeliberations |
| Proposed FSP FAS 157-c— Measuring Liabilities under FASB Statement No. 157 (issued 01/18/08) [Download] |
2/18/08 | Updated—The Board decided at the 2/25/09 Board meeting to reexpose this proposed FSP for an additional 30-day period. |
| Proposed Statement 133 Implementation Issue No. C22, Exception Related to Embedded Credit Derivatives (issued 1/14/09) [Download] | 2/13/09 | Redeliberations |
| Proposed Statement 133 Implementation Issue No. H17, 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 |
| Draft Abstract, EITF Issue No. 08-9, "Milestone Method of Revenue Recognition" (issued 04/07/09) [Download] | 5/05/09 | Out for Comment |
| Draft Abstract, EITF Issue No. 09-1, "Accounting for Own-Share Lending Arrangements in Contemplation of Convertible Debt Issuance" (issued 04/07/09) [Download ] | 5/05/09 | Out for Comment |