Projects
Conceptual Framework—Joint Project of the IASB and FASB
*Board Meeting Materials and Minutes
The Board meeting minutes are provided for the information and convenience of constituents who want to follow the Board’s deliberations. All of the conclusions reported are tentative and may be changed at future Board meetings. Decisions become final only after a formal written ballot to issue a final Statement, Interpretation, or FSP.
View Board meeting materials by year: [2009] [2008] [2007] [2006] [2005] [2004]
View other public meeting materials by year: [2007] [2006] [2005] [2004]
| 2009 Meeting Materials/Observer Notes | ||
| *Phase C: Discussion of the Draft Measurement Chapter of the Conceptual Framework | ||
| Phase A: Objective and Qualitative Characteristics (Drafting the Chapters) Phase A: Redeliberations on the Objective of Financial Reporting Phase C: Choosing Between a Current Measure and a Non-Current Measure Phase D: Redeliberations of the Issues Raised during the Comment Period (Part 2) Phase D: Redeliberations of the Issues Raised during the Comment Period (Part 3) Phases A & D: The Primary User Group, Entity Perspective and Parent Company Approach |
April 2, 2009* *Only Phases A and D were discussed at the April 2, 2009 FASB meeting |
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| Phase A: Redeliberations of the Issues Raised during the Comment Period Phase C: Narrowing the Set of Measurement Bases Phase D: Redeliberations of the Issues Raised during the Comment Period |
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| 2008 Meeting Materials/Observer Notes | ||
| Phase C: New Approach Forward | ||
| Phase B: Definition of an Asset and of a Liability | ||
| Phase B: Definition of a Liability | ||
| Phase B: Distinguishing a Liability from a Business Risk and Stand Ready Obligations | ||
| Implications of the Entity Perspective Phase A: Objective and Qualitative Characteristics Phase D: Reporting Entity |
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| Phase A and Phase D: Issues Arising During Drafting of Phase A ED and Phase D DP/PV | ||
| 2004 Meeting Materials/Observer Notes | ||
| Conceptual Framework—Joint Meeting | ||
Other Public Meeting Materials
| 2007 | Meeting of: | Materials |
| February 27 | SAC | Conceptual Framework (Paper 4) Phase B: Elements—Definition of an Asset (Paper 4A) |
| January/February | Measurement Roundtables | Roundtable Materials Roundtable Audio Webcasts |
| 2005 | Meeting of: | Materials |
| December 1 | FASAC | Attachment B—Invitation to Comment, Selected Issues Relating to Assets and Liabilities with Uncertainties |
| September 26-27 | WSS | Conceptual Framework Conceptual Framework: Process for Assessing Qualitative Characteristics Cases for breakout groups on Conceptual Framework—Qualitative Characteristics |
| September 22 | FASAC | Attachment E—Understandability and Materiality, pages 34-44 |
| June 22 | SBAC | Attachment D—Objectives: User Needs, Decision-Usefulness, and Stewardship and Accountability, pages 18–30 |
| June 21 | FASAC | Attachment F—Neutrality and Faithful Representation |
| April 20 | WSS | Project Plan (Paper 4) |
| March 22 | FASAC | Attachment D—Objectives and User Needs |
| February | SAC | Conceptual Frameworks (Paper 4) |