(Sections updated on the date above are indicated with an asterisk *)

PROJECT OBJECTIVE

This research project will explore the accounting for and disclosure of commodities.
 

CONTACT INFORMATION*

Jeffrey Gabello
Supervising Project Manager
jjgabello@fasb.org

Mike Chmelar
Practice Fellow
mchmelar@fasb.org

Nathan Brown
Postgraduate Technical Assistant
nbrown@fasb.org

Sonja Kuranz
Postgraduate Technical Assistant
skuranz@fasb.org

(Sections updated on the date above are indicated with an asterisk *)

PROJECT OBJECTIVE

This research project will solicit feedback on whether the requirements in IAS 20, Accounting for Government Grants and Disclosure of Government Assistance, should be incorporated into GAAP. View full project details here.
 

CONTACT INFORMATION

Elizabeth Gagnon
Supervising Project Manager
eagagnon@fasb.org

(Sections updated on the date above are indicated with an asterisk *)

PROJECT OBJECTIVE

This research project will explore whether a single consolidation model could be developed for business entities. This research project does not include reconsideration of the consolidation guidance in Topic 958, Not-for-profit Entities.

CONTACT INFORMATION

Chris Roberge
Senior Project Manager
ceroberge@fasb.org

Chris Bohdan
Project Manager
cbohdan@fasb.org

Ashley Tisckos
Project Manager
atisckos@fasb.org

(Sections updated on the date above are indicated with an asterisk *)

PROJECT OBJECTIVE

This research project will consider potential refinements to the scope of Topic 815, Derivatives and Hedging, including certain aspects of the definition of a derivative and derivative scope exceptions, and the application to certain arrangements (such as research and development funding arrangements and financial instruments with environmental, social, and governance-linked features). This research project will also consider whether to address related areas such as the bifurcation criteria for an embedded derivative and the accounting for derivative contract modifications.
 

CONTACT INFORMATION*

Kenjiro Matsuo
Project Manager
kmatsuo@fasb.org

Adriana Yepes
Supervising Project Manager
ayepes@fasb.org

Chase Hodges
Practice Fellow
chodges@fasb.org

Rosemarie Sangiuolo
Senior Project Advisor
rsangiuolo@fasb.org

Luke Kennedy
Postgraduate Technical Assistant
lkennedy@fasb.org

Jay Henley
Postgraduate Technical Assistant
jhenley@fasb.org

(Sections updated on the date above are indicated with an asterisk *)

PROJECT OBJECTIVE

This research project will explore standardizing the definitions of financial key performance indicators and will (1) be informed by the progress of the Disaggregation—Income Statement Expenses project and (2) consider interactions with the regulatory framework.

CONTACT INFORMATION

Hillary Salo
Technical Director
hsalo@fasb.org

(Sections updated on the date above are indicated with an asterisk *)

PROJECT OBJECTIVE

This research project will explore improvements to the statement of cash flows to provide additional decision-useful information for investors and other allocators of capital.

On June 29, 2022, the Board discussed the pre-agenda research performed to date, including stakeholder feedback received on the statement of cash flows and related disclosures in response to the June 2021 Invitation to Comment, Agenda Consultation, and other user feedback.

The Board provided suggestions on, and observations about, the focus and prioritization of continued research efforts on (1) disaggregation of certain cash flow line items (specifically working capital and amortization/depreciation), (2) developing certain supplementary direct cash flow method disclosures, and (3) certain Codification improvements to Topic 230, Statement of Cash Flows.

A link to the meeting minutes can be found here.

To view Board meetings and handouts from the past 90 days, click here.
 

CONTACT INFORMATION*

Jeff Gabello
Supervising Project Manager
jjgabello@fasb.org

Richard Gabriel
Assistant Project Manager
rgabriel@fasb.org

Connor Shea
Postgraduate Technical Assistant
cshea@fasb.org

Nathan Clark
Postgraduate Technical Assistant
nclark@fasb.org