Technical Plan and Project Updates

The FASB provides the following schedule to help its constituents monitor the progress of and plan for their involvement in the Board’s standard setting activities. The schedule provides a current estimate of the publication dates of due process documents expected to be issued in the next 6 quarters; that is, Discussion Documents (Ds), Preliminary Views (PVs), Exposure Drafts (Es) and Final Documents (Fs). It also indicates the comment periods that will close in the next 6 quarters (C) and any roundtable discussions planned during that time period (R). Lastly, it provides the estimated completion date of each project. The FASB undertakes its work following established due process procedures which include extensive consultation with interested parties before reaching conclusions. Therefore, all of the information of this schedule is subject to change depending on input received throughout a project’s development.

The Board recognizes that the work plan anticipates the completion of many projects in the 2010 and 2011 timeframe.  The Board will consider staggering effective dates of those standards to ensure the orderly transition to any new requirements.

Also provided on the schedule are links to staff prepared summaries of Board decisions that are provided for information purposes only. The decisions are tentative and do not change current accounting. Official positions of the FASB are determined only after extensive due process and deliberations.

Download the FASB Technical Plan as of July 1, 2008.

Updates to the table after July 1, 2008 will appear in italics.