Action Alert No. 07-03
January 18, 2007
NOTICE OF MEETINGS
OPEN BOARD MEETING
(Board meetings are available by audio webcast and telephone.)
Wednesday, January 24, 2007, 9:00 a.m.
- Financial statement presentation (estimated 90-minute discussion). The Board will discuss the definition of discontinued operations, applying the working format to "hybrid" entities, and the statement of changes in equity and equity-related issues.
- Fair value option (estimated 15-minute discussion). The Board will discuss whether to add a scope exception to the forthcoming final Statement on the fair value option for financial assets and financial liabilities, for investments whose transfer is considered in-substance to be the sale of real estate.
- 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 SESSIONS
Wednesday, January 24, 2007, 8:00 a.m.
Wednesday, January 24, 2007, following the Board meeting
The Board will hold educational, non-decision-making sessions to discuss topics that are anticipated to be discussed at the January 30 and January 31, 2007 Board meetings. Those topics will be posted to the FASB calendar four days prior to the education sessions.
No Board meetings were held during the week of January 8, 2007.
FASB DOCUMENTS AVAILABLE
The following documents are available on the FASB website:
Final Statement 133 Implementation Issue No. B40, "Application of Paragraph 13(b) to Securitized Interests in Prepayable Financial Assets" (January 17, 2007).
Invitation to Comment, Valuation Guidance for Financial Reporting (January 15, 2007). Comments are requested by April 15, 2007.
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.
Tuesday, January 30, 2007p.m., FASB Board Meeting
Wednesday, January 31, 2007FASB Board Meeting
Wednesday, January 31, 2007FASB Education Session
Thursday, February 1, 2007Conceptual Framework Measurement Roundtable
Monday, February 5, 2007Liaison Meeting with National Investors Relations Institute
Wednesday, February 7, 2007FASB Board Meeting
Wednesday, February 7, 2007FASB Education Session
Tuesday, February 13, 2007FASB Board Meeting
Tuesday, February 13, 2007FASB Education Session
Thursday, February 15, 2007Joint Working Group Meeting on Lease Accounting, London
Wednesday, February 21, 2007FASB Board Meeting
Wednesday, February 21, 2007FASB Education Session
Wednesday, February 28, 2007FASB Board Meeting
Wednesday, February 28, 2007FASB Education Session