FASB Holds January 14 Meeting

At its January 14, 2026, meeting, the FASB discussed its project on the application of ASC 715 to market-return cash balance plans. This project is based on an EITF Issue.

During the meeting, the FASB discussed the project’s scope, including the measurement of benefit obligations for in-scope plans; disclosures (no additional disclosures beyond the current ones will be required); and transition and early adoption. In addition, the Board determined that the project’s benefits will outweigh its costs and directed the staff to draft a proposed ASU for a vote by written ballot.

For more information, see the tentative Board decisions on the FASB’s Web site.