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, March 1, 2017 FASB Board Meeting
Agenda decision. The Board discussed the results of the staff
research on a potential project on the Codification Master Glossary
definition of readily determinable fair value. The Board decided not to add a project on the Master Glossary definition of readily determinable fair value
to its agenda but decided to amend the illustrative example in
paragraph 962-325-55-17 as part of the technical corrections and
improvements project.
Next Steps
The staff will draft the proposed amendments to the illustrative example
in paragraph 962-325-55-17. Those draft amendments will be subsumed
into the technical corrections and improvements, which is a standing project on the FASB’s agenda.