Jan 30, 2017
From the Financial Reporting View
The FASB met on January 25 and discussed:
Agenda Consultation. The Board discussed comments received on its Invitation to Comment,Agenda Consultation, specifically, (a) intangible assets (including research and development), (b) pensions and other postretirement benefit plans, and (c) distinguishing liabilities from equity. The Board will discuss feedback about reporting performance and cash flows at a later date.
Disclosure Framework: Disclosure Review—Income Taxes. The Board discussed comments received on its proposed ASU, Changes to the Disclosure Requirements for Income Taxes.
Accounting for Financial Instruments—Hedging. The Board discussed comments received on its proposed ASU, Targeted Improvements to Accounting for Hedging Activities.