Tentative Board Decisions

Tentative Board decisions are provided for those interested in following the Board’s deliberations. All of the reported decisions are tentative and may be changed at future Board meetings.

August 19, 2015 FASB Board Meeting

Agenda Prioritization. The Board discussed staff research on the following five potential projects, deciding not to add any to its technical agenda at this time:
  1. Simplifying the measurement of asset retirement obligations
  2. Accounting for contract adjustments between healthcare providers and insurance companies
  3. Accounting for undeclared cumulative preferred stock dividends
  4. Accounting for notional pooling arrangements in consolidated financial statements
  5. Clarification of the regular way security scope exception in Topic 815, Derivatives and Hedging.
The Board directed the staff to expand its research on two of those potential projects.
  1. Accounting for notional pooling arrangements in consolidated financial statements—whether the scope of this issue could be expanded to other types of bank overdrafts.
  2. Clarification of the regular way security scope exception in Topic 815—evaluate alternative ways the Board might clarify the regular way security scope exception in Topic 815.
The Board plans to solicit stakeholder feedback on the relative priority of a potential project to simplify the measurement of asset retirement obligations as part of an upcoming agenda consultation process.