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.

Wednesday, February 8, 2017 FASB Board Meeting

Insurance—targeted improvements to the accounting for long-duration contracts. The Board discussed comments received on the September 29, 2016 proposed Accounting Standards Update, Financial Services—Insurance (Topic 944): Targeted Improvements to the Accounting for Long-Duration Contracts. The Board also discussed the feedback received from user outreach conducted by the Board and staff.

The meeting was informational and no technical decisions were made.

Next Steps
On March 15, 2017, the Board will hold a public roundtable meeting on the proposed Update in Norwalk, Connecticut, to listen to the views of, and to obtain information from, stakeholders.