Tentative Board Decisions

Updating the definition of collections. The Board discussed feedback received on its proposed Accounting Standards Update, Not-for-Profit Entities (Topic 958): Updating the Definition of Collections, and began redeliberations.



Next Steps



The Board directed the staff to conduct further research on direct care. The staff will present the results of its research and continue redeliberations at a later meeting.





Open discussion: hedge accounting pre-agenda research. The chairman announced that he authorized the staff to conduct pre-agenda research on potential hedge accounting issues that are broader than the amendments made in Accounting Standards Update No. 2017-12, Derivatives and Hedging (Topic 815): Targeted Improvements to Accounting for Hedging Activities.