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.
Wednesday, May 11, 2016
FASB Board Meeting
Improving
the equity method of accounting. The Board discussed alternatives for
improving the equity method of accounting based on feedback received on the June
2015 proposed Accounting Standards Update, Investments—Equity Method and
Joint Ventures (Topic 323): Simplifying the Equity Method of Accounting.
The Board concluded that, at this time, there is insufficient support to change
the equity method of accounting. The Board, therefore, voted to remove the
project from its agenda.