Action Alert No. 08-02
January 10, 2008

NOTICE OF MEETINGS

OPEN BOARD MEETING
(Board meetings are available by audio webcast and telephone.)

Wednesday, January 16, 2008, 9:00 a.m.

  1. Statement 140 implementation—repurchase financing agreements (estimated 60-minute discussion). The Board will discuss significant issues raised by the external resource group on proposed FSP FAS 140-d, Accounting for Transfers of Financial Assets and Repurchase Financing Transactions. The Board will focus its discussion on the operationality of the revised scope, the retention of the rebuttable presumption approach, the recourse criterion, and the effective date and transition provisions.

  2. Open discussion. If necessary, the Board will allow time to discuss minor issues with staff members on technical projects or administrative matters. Those discussions are held following regular Board meetings as topics come up.

OPEN EDUCATION SESSION

Wednesday, January 16, 2008, 11:00 a.m.

The Board will hold an educational, non-decision-making session to discuss topics that are anticipated to be discussed at a future Board meeting. Those topics will be posted to the FASB calendar four days prior to the education session.

BOARD ACTIONS

No Board meetings were held during the week of December 31, 2007.

FASB DOCUMENT AVAILABLE

Final Statement 133 Implementation Issue No. E23, "Issues Involving the Application of the Shortcut Method under Paragraph 68," is expected to be posted to the FASB website by the end of business on January 10, 2008.

FUTURE OPEN MEETINGS

The following is a list of open meetings tentatively scheduled through February. Because schedules may change, please check the FASB calendar before finalizing your plans. Revisions to this list since the last issue of Action Alert are highlighted in bold.

Wednesday, January 23, 2008—FASB Board Meeting
Wednesday, January 23, 2008—FASB Education Session
Friday, January 25, 2008—Liaison Meeting with National Association of Real Estate Investment Trusts
Wednesday, January 30, 2008—FASB Board Meeting
Wednesday, January 30, 2008—FASB Education Session
Wednesday, February 6, 2008—FASB Board Meeting
Wednesday, February 6, 2008—FASB Education Session
Wednesday, February 13, 2008—FASB Board Meeting
Wednesday, February 13, 2008—FASB Education Session
Wednesday, February 20, 2008—FASB Board Meeting
Wednesday, February 20, 2008—FASB Education Session
Wednesday, February 27, 2008—FASB Board Meeting
Wednesday, February 27, 2008—FASB Education Session