Project Roster & Status

The FASB prepares a project plan to communicate information about its standards-setting activities to stakeholders. The project plan lists all agenda projects and includes:
  • Estimated publication dates (Discussion Papers (D), Exposure Drafts (Es), and Final Accounting Standards Updates or Final Conceptual Framework chapters (Fs).)
  • Comment periods expected to close (indicated by a C)
  • Roundtable meetings or other public forums planned (indicated by an R)
The FASB sets standards following established due process procedures that include extensive consultation. This project plan is subject to change as a result of those consultations or for other reasons.

The project plan includes links to staff prepared project summaries that describe Board decisions and provide other information. The decisions are tentative and do not change current accounting. Official positions of the FASB are determined only after extensive due process and deliberations.


Current Technical Plan 2014
JOINT FASB/IASB PROJECTS: 2H
Accounting for Financial Instruments
(Updated September 30, 2013)
 
  Classification and Measurement
(Updated June 16, 2014)
F
  Impairment
(Updated June 23, 2014)
F
Leases
(Updated June 25, 2014)
 
  2014
FASB PROJECTS: 2H
Investment Companies: Disclosures about Investments in Another Investment Company
(Updated April 8, 2014)
E
Financial Statements of Not-for-Profit Entities
(Updated June 30, 2014)
E
Technical Corrections and Improvements (next phase)
(Updated March 19, 2014)
E
Disclosure Framework
(Updated May 30, 2014)
 
  Board's Decision Process
(Updated March 4, 2014)
C
  Entity's Decision Process
(Updated May 30, 2014)
 
Accounting for Goodwill for Public Business Entities and Not-for-Profits
(Updated March 31, 2014)
 
Government Assistance Disclosures
(Updated April 25, 2014)
 
Clarifying the Definition of a Business
(Updated June 30, 2014)
 
Consolidation: Principal versus Agent Analysis
(Updated June 4, 2014)
 
Going Concern
(Updated May 8, 2014)
F
Insurance (formerly the Insurance Contracts project)
(Updated July 1, 2014)
 
  Disclosures about Short-Duration Contracts
(Updated July 1, 2014)
 
    Targeted Improvements to the Accounting for Long-Duration Contracts
 
Clarifying Certain Existing Principles on Statement of Cash Flows
(Updated May 21, 2014)
 
Customer’s Accounting for Fees in a Cloud Computing Arrangement
(Updated June 23, 2014)
E
  Simplifying the Subsequent Measurement of Inventory
C
  Simplifying Income Statement Presentation by Eliminating the Concept of Extraordinary Items
C
Conceptual Framework
(Updated as of July 3, 2014)
 
  Measurement
(Updated July 3, 2014)
  Presentation
(Updated July 3, 2014)
 
  2014
FASB RESEARCH PROJECTS: 2H
  Accounting Issues in Employee Benefit Plan Financial Statements
 
Accounting for Financial Instruments—Hedging1
(Updated June 11, 2014)
 
Accounting for Financial Instruments: Interest Rate Disclosures1
(Updated November 8, 2012)
 
Financial Performance Reporting1
(Updated July 2, 2014)
 
  Liabilities & Equity—Short-term Improvements
 
  Pensions—Cash Balance Plans
 
  2014
EMERGING ISSUES TASK FORCE PROJECTS: 2H
Recognition of New Accounting Basis (Pushdown) in Certain
Circumstances (12-F)
C
Accounting for the Effect of a Federal Housing Administration Guarantee (13-F) F
Measuring the Financial Liabilities of a Consolidated Collateralized Financing Entity (12-G)
F
Determining Whether the Host Contract in a Hybrid Financial Instrument Is More Akin to Debt or to Equity (13-G)  
  2014
PRIVATE COMPANY COUNCIL PROJECTS: 2H
PCC Issue No. 13-01A, Accounting for Identifiable Intangible Assets in a Business Combination  
PCC Issue No. 14-01, Definition of a Public Business Entity (phase 2)  
___________________

1This project currently is on the Board's technical agenda.

Codes:
 
C – Comment Deadline  
D – Discussion Paper  
E – Exposure Draft 
F – Final Document 
R – Roundtable Discussion