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.
May 6, 2015 FASB Board
Meeting
Financial
Performance Reporting. The staff updated the Board on its research into
different ways the Board could potentially improve the transparency of
infrequent transactions or events that have been recognized in the performance
statement. The Board discussed whether frequency of occurrence was the best
method for distinguishing certain items. The Board directed the staff to
research other methods for discussion at future meetings, including (1) using
the predictive value of earnings components, such as remeasurements, as a
distinguishing characteristic, (2) improving the display of natural and
functional classifications, and (3) improving presentation by better describing
what can be grouped within a line item.