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FASB Reports and News Items

2017

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2018 GAAP Financial Reporting Taxonomy and SEC Reporting Taxonomy Now Available — December 21, 2017FASB Names New Members to Its Not-for-Profit Advisory Committee — December 12, 2017FAF Trustees Name New Members to the FASAC — December 4, 2017FASB Makes Decisions on Leasing Standard Simplification — November 29, 2017Registration Opens for December 15 FASB Webcast for Private Companies & Not-for-Profit Organizations — November 27, 2017Financial Accounting Foundation Names Kathleen L. Casey, Jeffrey L. Esser, and David C. Villa as New Trustees — November 14, 2017FAF Trustees Reappoint James L. Kroeker as Vice Chairman of Financial Accounting Standards Board; Gary Buesser Named to Board Effective July 2018 — November 14, 2017From the President's Desk (Terri Polley, FAF President and Chief Executive Officer — October 24, 2017)FASB Proposes Clarifications to Land Easements Application Guidance in New Leases Standard — September 25, 2017FASB Makes Decisions on Agenda Invitation to Comment — September 20, 2017Now Available: New FASB Webpage Dedicated to Implementing New Standards — September 13, 2017Proposed 2018 GAAP Financial Reporting Taxonomy and Shared Reporting Taxonomy Available for Public Review and Comment — September 5, 2017FASB Issues Improvements to Hedge Accounting — August 28, 2017FASB in Focus — August 28, 2017 (Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities)Understanding Costs and Benefits — ASU: Derivatives and Hedging (Topic 815)Financial Accounting Foundation Appoints Four New Private Company Council Members — August 22, 2017FAF Trustees Agree to Retain GASB Scope of Authority Policy Without Modification — August 22, 2017Three-Year Review of GASB Scope of Authority: Consultation Process Policy — August 2017Registration Opens for FASB CPE Webcast on Proposed Improvements to Not-for-Profit Grant and Contribution Accounting — August 16, 2017FASB Proposes Improvements to Not-for-Profit Grant and Contribution Accounting — August 3, 2017FASB in Focus — August 3, 2017 (Proposed ASU 2017-270, Not-for-Profit Entities (Topic 958), Clarifying the Scope and the Accounting Guidance for Contributions Received and Contributions Made)From the Chairman’s Desk (Russell G. Golden, Chairman — August 1, 2017)Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting — July 26, 2017FASB Simplifies Accounting for Certain Financial Instruments With Characteristics of Liabilities and Equity — July 13, 2017Remarks at the Financial Executives International (FEI) 2017 Accounting Change for Financial Leaders Conference (Russell G. Golden, Chairman — June 27, 2017)FASB in Focus — June 22, 2017 (Consolidation (Topic 810): Targeted Improvements to Related Party Guidance for Variable Interest Entities)FASB to Host Roundtable Meeting on U.S. GAAP Taxonomy Invitation to Comment — June 13, 2017Registration Opens for June 26 FASB Webcast for Private Companies & Not-for-Profit Organizations — June 8, 2017FASB Votes to Proceed With Final Standard on Hedging — June 7, 2017Representatives of the Financial Accounting Standards Board and the Organismo Italiano di Contabilità Hold Meeting in Rome — May 30, 2017Better Standards. Better-Informed Decisions. — 2016 FAF Annual ReportFASB Issues Invitation to Comment on Efficiency and Effectiveness of GAAP Financial Reporting TaxonomyFrom the Chairman's Desk (Russell G. Golden, Chairman — May 1, 2017)FASB Announces New Date for Roundtable on Proposed Improvements to Insurance Accounting — March 16, 2017 SEC Accepts 2017 GAAP Financial Reporting Taxonomy — March 9, 2017FASB Issues Proposed Simplifications to Accounting for Nonemployee Share-Based Payments — March 7, 2017FASB in Focus — March 7, 2017 (Compensation — Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting)FASB Appoints Two New Members to the Emerging Issues Task Force — March 6, 2017FAF Releases Updated Print Edition of FASB Accounting Standards Codification — February 16, 2017From the President’s Desk (Terri Polley, FAF President and Chief Executive Officer — January 25, 2017)Representatives of the Financial Accounting Standards Board and the Accounting Standards Board of Japan Hold Biannual Meeting — January 19, 2017FASB to Host Roundtable Meetings on Disclosure Framework Proposals — January 12, 2017From the Chairman’s Desk (Russell G. Golden, Chairman — January 12, 2017)FASB Issues Proposed Changes on Balance Sheet Debt Classification and Disclosure Requirements for Inventory — January 10, 2017FASB Issues Guidance Clarifying the Definition of a Business — January 5, 2017FASB in Focus — January 5, 2017 (Accounting Standards Update No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business)