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FASB Reports and News Items

2013

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Financial Accounting Foundation Names Investor Ann M. Spruill to Its Board of Trustees — December 31, 2013FASB in Focus — December 23, 2013 (Private Company Decision-Making Framework and Definition of a Public Business Entity)FASB and PCC Issue Private Company Framework; FASB Issues Definition of Public Business Entity — December 23, 2013U.S. GAAP Financial Reporting Taxonomy Now Available — December 18, 2013FASB to Webcast Technical Forum for Continuing Professional Education Providers — December 5, 2013FASB Responds to Post-Implementation Review of Statement 109 on Income Taxes — December 3, 2013Financial Accounting Foundation Appoints 10 New Members to the Financial Accounting Standards Advisory Council — November 25, 2013Registration Opens for December 16 Webcast, IN FOCUS: FASB Update for Nonpublic Entities — November 21, 2013Financial Accounting Foundation Names Maryland State Treasurer Nancy K. Kopp to Its Board of Trustees — November 19, 2013Post Implementation Review Concludes Income Tax Standard Generally Achieves Its Purpose — November 19, 2013FASB Issues Exposure Draft to Improve Financial Reporting About Development Stage Entities — November 7, 2013FASB in Focus — November 7, 2013 (Proposed Accounting Standards Update — Development Stage Entities)FASB Votes to Move Forward With Final Standard on Revenue Recognition — November 6, 2013Request for Nominations for FASAC Chairman Candidates — November 5, 2013Remarks to the National Association of State Boards of Accountancy (Russell G. Golden, Chairman — October 28, 2013)Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting — October 18, 2013Remarks to a Joint Meeting of the Japanese Chapter of Financial Executives International and Keidanren in Tokyo (Russell G. Golden, Chairman — October 16, 2013)Q&A: FASB’s Disclosure Framework Project (October 2013)FASB to Hold Roundtable Meetings on Insurance Proposal — October 2, 2013PCC Finalizes Two Private Company Standards; Sends to FASB for Endorsement — October 1, 2013Remarks by R. Harold Schroeder, Member of the Financial Accounting Standards Board (as prepared for delivery): XBRL US Conference — September 24, 2013FASAC Issues Results of 2013 FASB Stakeholder Survey — September 17, 2013Responses to the FASAC Survey — Priorities of the Financial Accounting Standards Board (Summer 2013)FASB Chairman Russell G. Golden Remarks at FASB@40 Conference in New York, NY — September 12, 2013FASB Votes to Issue Exposure Draft to Improve Financial Reporting About Development Stage Entities — September 11, 2013Registration to Close for Disclosure Framework Project Field Study — September 5, 20132014 U.S. GAAP Financial Reporting Taxonomy Now Available for Public Review and Comment — August 30, 2013Registration Opens for September 10 Webcast on Proposed 2014 U.S. GAAP Financial Reporting Taxonomy — August 23, 2013FASB in Focus — August 22, 2013 (Proposed Accounting Standards Update — Applying Variable Interest Entity Guidance to Common Control Leasing Arrangements)FASB Issues Private Company Council Proposal on Consolidation of Variable Interest Entities — August 22, 2013FASB in Focus — August 7, 2013 (Proposed Accounting Standards Update — Definition of a Public Business Entity: An Amendment to the Master Glossary)FASB/IASB/SEC Update (Thomas J. Linsmeier, FASB Member — August 6, 2013)FASB/IASB Update — Part I (Thomas J. Linsmeier, FASB Member, and Patricia McConnell, IASB Member — August 4, 2013)FASB/IASB Update — Part II (Thomas J. Linsmeier, FASB Member, and Patricia McConnell, IASB Member — August 4, 2013)FASB and IASB to Form Joint Transition Resource Group for Revenue Recognition — July 26, 2013Financial Accounting Foundation Names James L. Kroeker Vice Chairman of Financial Accounting Standards Board — July 24, 2013PCC Proposes Changes to Consolidation of Variable Interest Entities — July 16, 2013 Registration Opens for Two FASB Webcasts on Insurance Contracts — July 10, 2013FASB Issues Standard Deferring Some Disclosures for Nonpublic Employee Benefit Plans — July 8, 2013FASB and IASB to Hold Joint Roundtable Meetings on Revised Leases Proposals — July 2, 2013FASB Issues Three Private Company Council Proposals — July 1, 2013FASB in Focus — July 1, 2013 (Three Proposed Accounting Standards Updates on Private Company Proposals)Financial Accounting Foundation Launches New Website — July 1, 2013FAF Statement on Retirement of FASB and GASB Chairs — June 28, 2013FASB Proposes Improvements to Accounting for Insurance Contracts — June 27, 2013FASB in Focus — June 27, 2013 (Proposed Accounting Standards Update — Insurance Contracts (Topic 834))FASB Indefinitely Defers Certain Disclosures for Nonpublic Employee Benefit Plans — June 12, 2013FASB Endorses Three Private Company Council Proposals — June 10, 2013FAF Statement on AICPA'S Non-GAAP Reporting Framework — June 10, 2013FASB Issues Standard Clarifying Investment Company Status and Accounting — June 7, 2013FASB in Focus — June 7, 2013 (FASB Issues Standard Clarifying Investment Company Status and Accounting)Registration Opens for June 10 Webcast, IN FOCUS: GASB/FASB Update — June 6, 2013FASB’s Response Letter to FAF PIR Report on FAS 141RFASB Responds to Post-Implementation Review of Statement 141R on Business Combinations — May 30, 2013Registration Opens For Disclosure Framework Project Field Study — May 30, 2013Remarks of FASB Member Russell G. Golden at the 32nd Annual SEC and Financial Reporting Institute Conference, University of Southern California Leventhal School of Accounting — May 30, 2013Financial Accounting Foundation Names Dr. Terry D. Warfield to Its Board of Trustees — May 23, 2013FAF Completes Post-Implementation Review of FASB Standard on Business Combinations — May 22, 2013Post-Implementation Review Report on FASB Statement No. 141 (Revised 2007), Business Combinations2012 Annual Report of the Financial Accounting Foundation2013 U.S. GAAP Financial Reporting Taxonomy Adopted and Supported by SEC Effective May 20, 2013 — May 20, 2013FASB in Focus — May 16, 2013 (Proposed Accounting Standards Update on Leases)FASB Seeks Input on Revising U.S. GAAP Financial Reporting Taxonomy Calculation Hierarchy — May 15, 2013Registration Opens for June 5 Webcast, In Focus: FASB Update for Nonpublic Entities — May 9, 2013FASAC Survey Now Available at www.fasb.org — May 8, 2013Private Company Council Votes to Expose Proposed Alternatives Within U.S. GAAP for Private Companies — May 7, 2013FAF and FASB Mark 40th Anniversary With Updated Branding, New Websites — April 29, 2013Financial Accounting Foundation Names Russell G. Golden Chairman of the Financial Accounting Standards Board — April 23, 2013FASB Issues Standard on the Liquidation Basis of Accounting — April 22, 2013FASB in Focus — April 22, 2013 (Accounting Standards Update (ASU) No. 2013-07, Presentation of Financial Statements (Topic 205): Liquidation Basis of Accounting)FASB Podcast Explains Key Concepts Underpinning the FASB’s Proposed Credit Loss Model — April 17, 2013FASB Exposes Private Company Decision-Making Framework for Public CommentFASB In Focus — April 15, 2013 (Invitation to Comment: Private Company Decision-Making Framework: A Guide for Evaluating Financial Accounting and Reporting for Private Companies)FAF Statement on the Confirmation of Mary Jo White as Chairman of the SEC — April 9, 2013FASB Proposes Improvements to Reporting Discontinued Operations — April 2, 2013FASB in Focus — April 2, 2013 (Proposed Accounting Standards Update on Accounting for Discontinued Operations)Request for Nominations to the Board of Trustees — April 1, 2013FASB Extends Comment Deadline on Proposal for Accounting for Credit Losses on Financial Assets — March 28, 2013FASB Issues XBRL Implementation Guide on Other Comprehensive Income — March 28, 2013FASB U.S. GAAP Financial Reporting Taxonomy — Implementation Guide Series: Other Comprehensive IncomeRegistration Reminder: April 2 Webcast IN FOCUS: 2013 U.S. GAAP Taxonomy and XBRL Overview — March 26, 2013FASB Staff Document Responds to Frequently Asked Questions About Proposal to Improve Accounting for Current Expected Credit Losses — March 25, 2013Proposed Accounting Standards Update, Financial Instruments — Credit Losses (Subtopic 825-15): Frequently Asked QuestionsFASB Adds Three Additional Implementation Guides to the XBRL Series — March 21, 2013FASB to Join IFRS Foundation’s Accounting Standards Advisory Forum — March 19, 2013Registration Opens for April 2 Webcast, IN FOCUS: 2013 U.S. GAAP Taxonomy Overview With Expanded Coverage of FASB XBRL Implementation Guides and SEC Update — March 18, 2013Financial Accounting Foundation Names Jeffrey W. Rubin as Vice President and General Counsel — March 12, 2013FAF Releases Updated Print Edition of FASB Accounting Standards Codification® — March 11, 2013Financial Accounting Standards Board Appoints New Members to Its Task Force and Advisory Groups — March 11, 2013Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting — March 8, 2013FASB Responds to Financial Accounting Foundation’s Post-Implementation Review Report on Statement 131 on Segment Reporting — March 6, 2013Financial Accounting Foundation Board of Trustees Approves New FASB/GASB Agenda-Setting Process, PIR Report — February 26, 2013Financial Accounting Foundation Board of Trustees Reappoints Marc A. Siegel to a Second Term on the FASB — February 26, 2013FASB In Focus — February 14, 2013 (Proposed Accounting Standards Update — Financial Instruments — Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities)FASB Proposes Improvements to Recognition and Measurement of Financial Assets and Liabilities — February 14, 2013Private Company Council Adds Three Projects to Its Agenda, Votes to Seek More Input on Private Company Decision-Making Framework — February 12, 2013FASB Issues XBRL Implementation Guide for Subsequent Events — February 11, 2013FASB U.S. GAAP Financial Reporting Taxonomy — Implementation Guide SeriesFASB Issues Accounting Standards Update on Proposed Clarification to Fair Value Disclosure Exemption Affecting Private Companies and Not-for-Profit Organizations — February 7, 2013Private Company Council Holds Second Meeting on February 12 — February 6, 2013FASB in Focus — February 5, 2013 (FASB Issues Accounting Standards Update On Reporting Amounts Reclassified Out of Accumulated Other Comprehensive Income)FASB Issues Accounting Standards Update on Reporting Amounts Reclassified Out of Accumulated Other Comprehensive Income — February 5, 2013FAF to Conduct Post-Implementation Review of FASB Standard on Accounting for Income Taxes — February 4, 2013FASB Issues Accounting Standards Update Clarifying Scope of Disclosures That Apply to Balance Sheet Offsetting of Assets and Liabilities — January 31, 2013FASB Proposes Improvements to Accounting for Repurchase Agreements — January 15, 2013FASB in Focus — January 15, 2013 (Proposed Accounting Standards Update — Transfers and Servicing (Topic 860) — Effective Control for Transfers With Forward Agreements to Repurchase Assets and Accounting for Repurchase Financings)FAF Review Team Concludes FASB Statement 131 on Segment Reporting Generally Achieves Its Purpose — January 14, 2013Post-Implementation Review Report on FASB Statement No. 131, Disclosures About Segments of an Enterprise and Related InformationFASB Issues Proposed Clarification to Fair Value Disclosure Exemption Affecting Private Companies and Nonpublic Not-for-Profit Organizations — January 7, 2013