SUMMARY OF BOARD DECISIONS

Summary of Board decisions are provided for the information and convenience of constituents who want to follow the Board’s deliberations. All of the conclusions reported are tentative and may be changed at future Board meetings. Decisions are included in an Exposure Draft for formal comment only after a formal written ballot. Decisions in an Exposure Draft may be (and often are) changed in redeliberations based on information provided to the Board in comment letters, at public roundtable discussions, and through other communication channels. Decisions become final only after a formal written ballot to issue a final standard.

September 16, 2009 Board Meeting

Leases. The Board discussed:
  1. A summary of the responses to the Discussion Paper, Leases: Preliminary Views
  2. Plans for the leases project over the next few months.
The comment letter summary is available at the FASB website. The Board will continue its discussion of both lessor and lessee accounting issues at future meetings.