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.

May 6, 2015 FASB Board Meeting

Financial Performance Reporting. The staff updated the Board on its research into different ways the Board could potentially improve the transparency of infrequent transactions or events that have been recognized in the performance statement. The Board discussed whether frequency of occurrence was the best method for distinguishing certain items. The Board directed the staff to research other methods for discussion at future meetings, including (1) using the predictive value of earnings components, such as remeasurements, as a distinguishing characteristic, (2) improving the display of natural and functional classifications, and (3) improving presentation by better describing what can be grouped within a line item.