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FASB Reports and News Items

2015

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FASB to Issue Final Standard on Financial Instruments — Recognition and Measurement in Early January 2016 — December 21, 2015Remarks at the 2015 AICPA Conference on Current SEC and PCAOB Developments (Russell G. Golden, Chair — December 10, 2015)2016 GAAP Financial Reporting Taxonomy Now Available — December 17, 2015From the President’s Desk (Terri Polley, FAF President and CEO — December 8, 2015)Charles H. Noski Elected FAF Board Chair; Board Names Five Others as New FAF Trustees — December 8, 2015FASB Issues Proposed Improvements to Disclosure Requirements for Fair Value Measurement — December 3, 2015Decision Questions Considered in Establishing Disclosure Requirements — December 3, 2015FASB Proposes Clarifications to the Definition of a Business — November 23, 2015FASB in Focus — November 23, 2015 (Business Combinations (Topic 805): Clarifying the Definition of a Business)FASB Issues Standard Reducing Complexity of Classifying Deferred Taxes on the Balance Sheet — November 20, 2015From the Chairman’s Desk (Russell G. Golden, FASB Chairman — November 20, 2015)FAF Updates Procedures of Private Company Council to Increase Effectiveness, Improve Communication — November 18, 2015FAF Trustees Name 16 New Members to the Financial Accounting Standards Advisory Council — November 20, 2015Three-Year Review of the Private Company Council — November 2015FASB Proposes Improvements to Disclosures by Businesses About Government Assistance — November 12, 2015FASB in Focus — November 12, 2015 (Government Assistance (Topic 832): Disclosures by Business Entities About Government Assistance)FASB Votes to Proceed With Final Standard on Leases — November 11, 2015Intergovernmental Working Group of Experts on International Standards of Accounting and Reporting (Russell G. Golden, Chairman — November 4, 2015)FASB Votes to Proceed With Final Standard on Recognition and Measurement of Financial Instruments — November 11, 2015Financial Accounting Foundation Issues Request for Nominations for New FASAC Chair — September 29, 2015FASB in Focus — September 24, 2015 (FASB Disclosure Framework Exposure Drafts on Materiality)FASB Proposes Improvements to Materiality to Make Financial Statement Disclosures More Effective — September 23, 2015FASB Appoints Paul A. Beswick and Robert B. Malhotra to the Emerging Issues Task Force — September 16, 2015)Proposed 2016 GAAP Financial Reporting Taxonomy Available for Public Review and Comment — September 1, 2015FASB to Host Roundtable Meetings on Proposal to Improve Not-for-Profit Financial Statement Presentation — August 24, 2015Registration Opens for September 22 CPE Webinar on the Proposed 2016 GAAP Taxonomy — August 21, 2015FAF Appoints New Private Company Council Chair and Three New PCC Members; Six PCC Members Reappointed — August 18, 2015From the Chairman’s Desk (Russell G. Golden, Chairman — August 10, 2015)Financial Statements of Not-for-Profit Entities (Tom Linsmeier, Board Member — August 10, 2015)FASB/IASB Update — Part I (Tom Linsmeier, FASB Member; Mary Tokar, IASB Member — August 9, 2015)FASB/IASB Update — Part II (Tom Linsmeier, FASB Member; Mary Tokar, IASB Member — August 9, 2015)FASB Q&A: Not-for-Profit Financial Statement Exposure Draft Frequently Asked Questions — July 2015FASB Votes to Defer the Effective Date of Revenue Recognition Standard by One Year — July 9, 2015FASB Q&A: Not-for-Profit Financial Statement Exposure Draft Frequently Asked Questions — June 2015Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting — June 10, 2015FAF Names Robert W. Scott as Chairman of GASAC; Appoints New GASAC and FASAC Members — May 22, 2015FASB Issues Accounting Standards Update to Improve Disclosures for Short-Duration Insurance — May 21, 2015FASB in Focus — May 21, 2015 (Financial Services — Insurance (Topic 944): Disclosures About Short-Duration Contracts)FASB Understanding Costs and Benefits — May 21, 2015 (ASU: Financial Services — Insurance (Topic 944))Post-Implementation Review Report on FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements, an amendment of ARB No. 51FASB Responds to Post-Implementation Review of FASB Statement No. 160, Noncontrolling Interests in Consolidated Financial Statements, an amendment of ARB No. 51Financial Accounting Foundation Board of Trustees Reappoints Daryl E. Buck and R. Harold Schroeder to FASB — May 20, 2015FASB Q&A: Not-for-Profit Financial Statement Exposure Draft Frequently Asked Questions — May 2015Building a Better GAAP — 2014 Annual ReportFinancial Accounting Foundation Names Todd L. Cranford Head of Government Affairs and External Relations — May 11, 2015Understanding Costs and Benefits — February 23, 2015 (ASU: Consolidation (Topic 810))From the Chairman’s Desk (Russell G. Golden, Chairman — April 29, 2015)FASB in Focus — February 18, 2015 (Accounting Standards Update, Consolidation (Topic 810))FASB Seeks Public Comment on Proposal to Defer Effective Date of Revenue Recognition Standard — April 29, 2015FASB Issues Accounting Standards Update to Improve Consolidation Guidance for Legal Entities — February 18, 2015FASB Proposes Improvements to Not-for-Profit Financial Statements — April 22, 2015FAF Releases Updated Print Edition of FASB Accounting Standards Codification® — January 29, 2015FASB in Focus — April 22, 2015 (Not-for-Profit Entities (Topic 958) and Health Care Entities (Topic 954): Presentation of Financial Statements of Not-for-Profit Entities)FASB and PCC to Host Private Company Town Hall at Southern Methodist University — January 22, 2015FAF, FASB, GASB Strategic Plan — April 2015PCC Chair Billy M. Atkinson to Step Down at End of Term; FAF Seeks Nominations for Successor, New PCC Members — April 8, 2015Registration Is Open for April 2 CPE Webcast on the 2015 GAAP Taxonomy2015 GAAP Financial Reporting Taxonomy Adopted and Supported by SEC Effective March 9, 2015 — March 9, 2015FAF Seeks Stakeholder Comments on Private Company Council Three-Year Assessment — February 26, 2015Financial Accounting Foundation Names Myra R. Drucker and John Veihmeyer to Board of Trustees — January 15, 2015