Private Company Council (PCC)

Topics

Business Combination Projects

 
Project Meeting Date Meeting Materials
Business Combinations 12/11/2014 Meeting Recap—12/11/14
Minutes—12/11/14
Presentation
Goodwill and other Certain Identifiable Intangible Assets 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
Presentation
12/11/2018 Meeting Recap—12/11/18
Minutes—12/11/18
Paper
PCC Issue No. 13-01, Accounting for Identifiable Intangible Assets in a Business Combination 12/23/2014 FASB In Focus
ASU 2014-18
9/16/2014 Meeting Recap—09/16/14
Minutes—09/16/14
Issue Summary No. 1,
Supplement No. 6

Issue Summary No. 1,
Supplement No. 7

Issue Summary No. 1,
Supplement No. 8

PCC Decision Overview
7/15/2014 Meeting Recap—07/15/14
Minutes—07/15/14
Issue Summary No. 1,
Supplement No. 5

PCC Decision Overview
4/29/2014 Meeting Recap—04/29/14
Minutes—04/29/14
Issue Summary No. 1,
Supplement No. 4

PCC Decision Overview
1/28/2014 Meeting Recap—01/28/14
Minutes—01/28/14
Issue Summary No. 1,
Supplement No. 3

PCC Decision Overview
11/12/2013 Meeting Recap—11/12/13
Minutes—11/12/13
No Additional Materials
9/30/2013 No Meeting Recap
Minutes—9/30/13
Issue Summary No. 1,
Supplement No. 1

Issue Summary No. 1,
Supplement No. 2 (Common Issues)

PCC Decision Overview
8/23/2013 Comment Letters
7/1/2013 Exposure Document
FASB In Focus
5/7/2013 PCC Decision Overview
PCC Issue Summary No. 1
2/12/2013 Agenda Report—02/12/13
Minutes—02/12/2013
No Additional Materials
PCC Issue No. 13-01B, Accounting for Goodwill 1/16/2014 FASB In Focus
ASU 2014-02
9/30/2013 PCC Decision Overview
Issue Summary No. 1,Supplement No. 1
Issue Summary No. 1,Supplement No. 2 (Common Issues)
8/23/2013 Comment Letters
7/1/2013 Exposure Document
FASB In Focus
5/7/2013 Issue Summary No. 1
PCC Decision Overview
No Meeting Recap
No Meeting Minutes
2/12/2013 Agenda Report
 

Consolidation/Variable Interest Entity (VIE) Projects

 
Project Meeting Date Meeting Materials
Accounting for Variable Interest Entities 2/12/2013 Agenda Report—02/12/13
Minutes—02/12/2013
No Additional Materials
PCC Issue No. 13-02
Applying Variable Interest Entity Guidance to Common Control Leasing Agreements
12/4/2015 Meeting Recap—12/04/15
Minutes—12/04/15
Paper
3/20/2014 FASB In Focus
ASU 2014-07
1/28/2014 Meeting Recap—01/28/14
Minutes—01/28/14
Issue Summary No. 1,
Supplement 2
11/12/2013 Meeting Recap—11/12/13
Minutes—11/12/13
Issue Summary 1,
Supplement 1

Decision Overview
10/14/2013 Comment Letters
8/22/2013 FASB in Focus
Exposure Document
7/16/2013 PCC Decision Overview
Minutes—07/15/13
Issue Summary No. 1 (Revised)
5/7/2013 No Meeting Recap
No Meeting Minutes
PCC Issue No. 1
2/12/2013 Agenda Report
Consolidations 4/20/2018 Meeting Recap—04/20/18
Minutes—04/20/18
No Additional Materials
7/11/2017 Meeting Recap—07/11/17
Minutes—07/11/17
Presentation
4/4/2017 No Meeting Recap
Minutes—04/04/17
Presentation
12/13/2016 Meeting Recap—12/13/16
Minutes—12/13/16
Paper
Roundtable Overview
9/30/2016 Meeting Recap—09/30/16
Minutes—09/30/16
Paper
Consolidation Targeted Improvements to Related Party Guidance for Variable Interest Entities 10/9/2018 Meeting Recap—10/09/2018
Minutes—10/09/2018
No Additional Materials
PCC Agenda Decision No. 15-02, Applying Variable Interest Entity Guidance to Entities under Common Control 4/12/2016 PCC Decision Overview
12/4/2015 PCC Decision Overview
11/20/2015 Agenda Request—11/20/15
 

Defintion Projects

 
Project Meeting Date Meeting Materials
Definition of a Business 7/21/2015 Meeting Recap—07/21/15
Minutes—07/21/15
Presentation
12/11/2014 Meeting Recap—12/11/14
Minutes—12/11/14
Presentation
Definition of a Nonpublic Entity 9/30/2013 No Meeting Recap
Minutes—9/30/13
No Additional Materials
7/15/2013 No Meeting Recap
Minutes—07/15/13
No Additional Materials
 
PCC Issue No. 14-01, Definition of a Public Business Entity
(Phase II)
12/13/2016 Meeting Recap—12/13/16
Minutes—12/13/16
Paper
2/13/2015 Meeting Recap—02/13/15
Minutes—02/13/15
Issue Summary No. 1,
Supplement No. 1

Decision Overview
12/11/2014 Issue Summary No. 1
4/29/2014 Agenda Report—4/29/2014
 

Disclosure Projects

 
Project Meeting Date Meeting Materials
Disclosures by Business Entities about Government Assistance 4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
No Additional Materials
12/11/2018 Meeting Recap—12/11/18
Minutes—12/11/18
Presentation
7/19/2016 Meeting Recap—07/19/16
Minutes—07/19/16
Presentation
4/12/2016 Meeting Recap—04/12/16
Minutes—04/12/16
Presentation
7/21/2015 Meeting Recap—07/21/15
Minutes—07/21/15
Presentation
5/5/2015 Meeting Recap—05/05/15
Minutes—05/05/15
Presentation
7/15/2013 No Meeting Recap
Minutes—07/15/13
No Additional Materials
Disclosure Framework 4/4/2017 No Meeting Recap
Minutes—04/04/17
Presentation
9/25/2015 Meeting Recap—09/25/15
Minutes—09/25/15
Presentation
7/21/2015 Meeting Recap—07/21/15
Minutes—07/21/15
Presentation
5/5/2015 Meeting Recap—05/05/15
Minutes—05/05/15
Presentation
7/15/2013 No Meeting Recap
Minutes—07/15/13
No Additional Materials
Disclosure Framework—Income Taxes 4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
Presentation
10/9/2018 Meeting Recap—10/09/2018
Minutes—10/09/2018
Paper
12/4/2015 Meeting Recap—12/04/15
Minutes—12/04/15
Presentation
Disclosure Framework—Income Taxes, Inventory, Pensions, and Fair Value 4/12/2016 Meeting Recap—04/12/16
Minutes—04/12/16
Presentation
Disclosure Improvements in Response to the SEC’s Release on Disclosure Update and Simplification 4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
Presentation
Research Project—Consideration of Certain Public Company Disclosures for Codification 12/11/2018 Meeting Recap—12/11/18
Minutes—12/11/18
Paper
 

Effective Date and Transition Guidance

 
Project Meeting Date Meeting Materials
Effective Date Philosophy 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
Presentation
PCC Issue No. 15-01, Effective Date and Transition Guidance 12/4/2015 ASU 2016-03
PCC Decision Overview
11/23/2015 Issue Summary No. 3
7/21/2015 PCC Decision Overview
Issue Summary No. 2
4/24/2015 Issue Summary No. 1
 

Emerging Issues Task Force (EITF) Projects

 
Project Meeting Date Meeting Materials
EITF Issue No. 12-F, Pushdown Accounting 7/15/2014 Meeting Recap—07/15/14
Minutes—07/15/14
No Additional Materials
EITF Issue No. 16-A, Restricted Cash 4/12/2016 Meeting Recap—04/12/16
Minutes—04/12/16
Presentation
EITF Issue No. 18-A, Recognition Under Topic 805 for an Assumed Liability in a Revenue Contract 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
No Additional Materials
EITF Issue No. 19-A, Financial Instruments—Clarifying the Interactions between Topic 321 and Topic 323 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
No Additional Materials
EITF Issue No. 19-B, Revenue Recognition—Contract Modifications of Licenses of Intellectual Property 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
No Additional Materials
 

Financial Instruments Projects

 
Project Meeting Date Meeting Materials
Accounting for Interest Rate Swaps 2/12/2013 Agenda Report—02/12/13
Minutes—02/12/13
No Additional Materials
Accounting for Financial Instruments 7/15/2013 No Meeting Recap
Minutes—07/15/13
No Additional Materials
Accounting for Financial Instruments—Classification and Measurement and Impairment 12/11/2014 Meeting Recap—12/11/14
Minutes—12/11/14
Presentation
Accounting for Financial Instruments—Disclosures 2/13/2015 Meeting Recap—02/13/15
Minutes—02/13/15
Presentation
Accounting for Financial Instruments—Hedge Accounting 4/4/2017 No Meeting Recap
Minutes—04/04/17
Presentation
12/13/2016 Meeting Recap—12/13/16
Minutes—12/13/16
Paper
Accounting for Financial Instruments—Impairment 12/11/2014 Meeting Recap—12/11/14
Minutes—12/11/14
Presentation
Current Expected Credit Losses (CECL) 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
Presentation
PCC Issue No. 13-03A, Accounting for Certain Receive-Variable, Pay-Fixed Interest Rate Swaps- Simplified Hedge Accounting Approach 1/16/2014 FASB In Focus
ASU 2014-03
9/30/2013 PCC Decision Overview
Issue Summary No. 1,
Supplement No. 1
8/23/2013 Comment Letters
7/1/2013 Exposure Document
FASB In Focus
5/7/2013 Issue Summary No. 1
PCC Decision Overview
2/12/2013 Agenda Report
PCC Issue No. 13-03B, Accounting for Certain Receive-Variable, Pay- Fixed Interest Rate Swaps- Combined Instruments Approach 1/28/2014 Meeting Recap—01/28/14
Minutes—01/28/14
Issue Summary No. 1,
Supplement No. 2

PCC Decision Overview
9/30/2013 PCC Decision Overview
Issue Summary No. 1,
Supplement No. 1
8/23/2013 Comment Letters
7/1/2013 Exposure Document
FASB In Focus
5/7/2013 No Meeting Recap
No Meeting Minutes
Issue Summary No. 1
PCC Decision Overview
2/12/2013 Agenda Report—02/12/13
Minutes—02/12/13
No Additional Materials
 

Financial Performance Projects

 
Project Meeting Date Meeting Materials
Financial Performance Reporting 7/19/2016 Meeting Recap—07/19/16
Minutes—07/19/16
Presentation
Financial Performance Reporting—Disaggregation of Performance Information 4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
Presentation
12/8/2017 Meeting Recap—12/08/17
Minutes—12/08/17
Paper
 

Lease Projects

 
Project Meeting Date Meeting Materials
Leases 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
No Additional Materials
7/21/2015 Meeting Recap—07/21/15
Minutes—07/21/15
No Additional Materials
9/16/2014 Meeting Recap—09/16/14
Minutes—09/16/14
No Additional Materials
4/29/2014 Meeting Recap—04/29/14
Minutes—04/29/14
No Additional Materials
11/12/2013 Meeting Recap—11/12/13
Minutes—11/12/13
Paper
9/30/2013 No Meeting Recap
Minutes—9/30/13
No Additional Materials
7/15/2013 No Meeting Recap
Minutes—07/15/13
No Additional Materials
Lessor Narrow-Scope Improvements 4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
Presentation
10/9/2018 Meeting Recap—10/09/2018
Minutes—10/09/2018
No Additional Materials
 

Liabilities and Equity Projects

 
Project Meeting Date Meeting Materials
Distinguishing Liabilities from Equity 4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
Presentation
12/11/2018 Meeting Recap—12/11/18
Minutes—12/11/18
No Additional Materials
10/9/2018 Meeting Recap—10/09/2018
Minutes—10/09/2018
Presentation
9/30/2016 Meeting Recap—09/30/16
Minutes—09/30/16
No Additional Materials
Liabilities and Equity 7/19/2016 Meeting Recap—07/19/16
Minutes—07/19/16
Presentation
Liabilities and Equity—Short-Term Improvements 12/11/2014 Meeting Recap—12/11/14
Minutes—12/11/14
Presentation
Liabilities and Equity: Down Rounds 7/11/2017 Meeting Recap—07/11/17
Minutes—07/11/17
Presentation
4/4/2017 No Meeting Recap
Minutes—04/04/17
Paper
Appendix A
Appendix B
9/25/2015 Meeting Recap—09/25/15
Minutes—09/25/15
Presentation
Liabilities and Equity: Targeted Improvements 9/30/2016 Meeting Recap—09/30/16
Minutes—09/30/16
Paper
Appendix A
Appendix B
Appendix C
Appendix D
 

Share-Based Compensation Projects

 
Project Meeting Date Meeting Materials
PCC Issue No. 18-01, Practical Expedient to Measure Grant-Date Fair Value of Equity-Classified Share-Based Awards 6/24/2019 Meeting Recap—06/24/2019
Minutes—06/24/2019
Presentation
4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
Paper
12/11/2018 Technical Agenda
Agenda Report—12/11/18
Stock-Based Compensation 10/9/2018 Meeting Recap—10/09/18
Minutes—10/09/18
No Additional Materials
6/26/2018 Meeting Recap—6/26/18
Minutes—6/26/18
No Additional Materials
4/20/2018 Meeting Recap—4/20/18
Minutes—4/20/18
No Additional Materials
5/5/2015 Meeting Recap—05/05/18
Minutes—05/5/15
Presentation
2/13/2015 Meeting Recap—02/13/15
Minutes—02/13/15
Presentation
12/11/2014 Meeting Recap—12/11/14
Minutes—12/11/14
Presentation
9/16/2014 Meeting Recap—9/16/14
Minutes—9/16/14
Nonemployee Share-Based Payment Accounting Improvements 7/11/2017 Meeting Recap—07/11/17
Minutes—07/11/17
No Additional Materials
4/12/2016 Meeting Recap—04/12/16
Minutes—04/12/16
Presentation
 

Statement of Cash Flows Projects

 
Project Meeting Date Meeting Materials
Statement of Cash Flows 7/21/2015 Meeting Recap—07/21/15
Minutes—07/21/15
Presentation
Statement of Cash Flows: Classification of Certain Cash Receipts and Cash Payments 9/25/2015 Meeting Recap—09/25/15
Minutes—09/25/15
Presentation
 

Other Projects

 
Project Meeting Date Meeting Materials
Accounting for Uncertain Tax Positions 2/12/2013 Agenda Report—02/12/13
Minutes—02/12/2013
No Additional Materials
Balance Sheet Classification of Debt 4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
Paper
9/19/2017 Meeting Recap—09/19/17
Minutes—09/19/17
Presentation
7/11/2017 Meeting Recap—07/11/17
Minutes—07/11/17
Paper
Presentation
9/30/2016 Meeting Recap—09/30/16
Minutes—09/30/16
Paper
7/19/2016 Meeting Recap—07/19/16
Minutes—07/19/16
Presentation
7/21/2015 Meeting Recap—07/21/15
Minutes—07/21/15
No Additional Materials
5/5/2015 Meeting Recap—05/05/15
Minutes—05/05/15
Presentation
Cloud Computing 6/26/2018 Meeting Recap—06/26/18
Minutes—06/26/18
Paper
4/20/2018 Meeting Recap—04/20/18
Minutes—04/20/18
Paper
12/8/2017 Meeting Recap—12/08/17
Minutes—12/08/17
Paper
9/19/2017 Meeting Recap—09/19/17
Minutes—09/19/17
Paper
Appendix A—EITF
7/11/2017 Meeting Recap—07/11/17
Minutes—07/11/17
Paper
4/4/2017 No Meeting Recap
Minutes—04/04/17
Paper
Collaborative Arrangements 4/20/2018 Meeting Recap—04/20/18
Minutes—04/20/18
No Additional Materials
Debt Issuance Costs 2/13/2015 Meeting Recap—02/13/15
Minutes—02/13/15
Presentation
Development Stage Entities 9/30/2013 No Meeting Recap
Minutes—9/30/13
No Additional Materials
Going Concern 4/29/2014 Meeting Recap—04/29/14
Minutes—04/29/14
No Additional Materials
12/6/2012 No Meeting Recap
Minutes—12/06/12
No Additional Materials
Improving the Equity Method of Accounting 4/12/2016 Meeting Recap—04/12/16
Minutes—04/12/16
Presentation
Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Benefit Cost 12/4/2015 Meeting Recap—12/04/15
Minutes—12/04/15
Presentation
Insurance Contracts 11/12/2013 Meeting Recap—11/12/13
Minutes—11/12/13
No Additional Materials
Partnership Accounting 12/11/2014 Meeting Recap—12/11/14
Minutes—12/11/14
Presentation
7/15/2014 Meeting Recap—07/15/14
Minutes—07/15/14
No Additional Materials
Readily Determinable Fair Value 9/19/2017 Meeting Recap—09/19/17
Minutes—09/19/17
Paper
7/11/2017 Meeting Recap—07/11/17
Minutes—07/11/17
Presentation
Reference Rate Reform: Facilitation of the Effects of the Interbank Offered Rate Transition on Financial Reporting 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
Presentation
Reporting Discontinued Operations 11/12/2013 Meeting Recap—11/12/13
Minutes—11/12/13
No Additional Materials
Revenue Recognition 6/24/2019 Meeting Recap—06/24/2019
Minutes—06/24/2019
No Additional Materials
4/1/2019 Meeting Recap—04/01/2019
Minutes—04/01/2019
No Additional Materials
6/26/2018 Meeting Recap—06/26/18
Minutes—06/26/18
No Additional Materials
12/6/2012 No Meeting Recap
Minutes—12/06/12
No Additional Materials
Simplifications to Accounting for Income Taxes 6/24/19 Meeting Recap—06/24/19
Minutes—06/24/19
Presentation
Simplifying Inventory 12/11/2014 Meeting Recap—12/11/14
Minutes—12/11/14
Presentation