At its September 14, 2022, meeting, the FASB made tentative decisions related to certain
aspects of its project on joint venture formations and directed its staff to draft a
proposed Accounting Standards Update for a vote by written ballot.
In addition, the Board held an educational session on the accounting for leases
between entities under common control to address private-company stakeholders’
concerns. No decision were made.
For more information, see the meeting handout on the FASB’s Web site.