Action Alert No. 06-01
January 5, 2006
NOTICE OF MEETINGS
OPEN BOARD MEETING
meetings are available by audio webcast and telephone.)
Wednesday, January 11, 2006, 9:00 a.m.
tax positions (estimated 2-hour discussion). The Board
will redeliberate certain issues of the FASB proposed Interpretation,
Accounting for Uncertain Tax Positions. Specifically, the Board
will discuss subsequent recognition and measurement, change in judgment,
disclosure provisions, recognition, measurement and classification of
interest and penalties, classification, transition, and effective date
for the final Interpretation.
- EITF Issue
04-6 (estimated 15-minute discussion). The Board will
consider a proposed editorial change to EITF Issue No. 04-6, "Accounting
for Stripping Costs Incurred during Production in the Mining Industry,"
in EITF Abstracts, to clarify the definition of the production
phase of a mine.
- Liability classification (estimated 30-minute
discussion). The Board will discuss whether to add a project to its
agenda that will consider the classification of an option or similar
instrument issued as part of a share-based payment arrangement that
includes a change in control provision.
- 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 11, 2006, following the Board meeting
The Board will hold an educational, non-decision-making session to
discuss topics that are anticipated to be discussed at the January 18,
2006 Board meeting. 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 December 26,
Your input requested for the codification retrieval
system—We are capturing feedback for the planned FASB codification
retrieval system for nongovernmental entities. The web-based survey takes
about 5–10 minutes to complete and will provide us with very important
feedback as we develop our list of requirements. Thanks in advance for
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 18, 2006—FASB Board Meeting
18, 2006—FASB Education Session
Wednesday, January 25, 2006—FASB Board
Wednesday, January 25, 2006—FASB Education Session
January 30, 2006—Liaison Meeting with American Bar
Wednesday, February 1, 2006—FASB Board
Wednesday, February 1, 2006—FASB Education
Wednesday, February 8, 2006—FASB Board Meeting
February 8, 2006—FASB Education Session
Wednesday, February 15,
2006—FASB Board Meeting
Wednesday, February 15, 2006—FASB Education
Wednesday, February 22, 2006—FASB Board Meeting
February 22, 2006—FASB Education Session