FASB adds four projects to research agenda
08 Feb 2016
As result of a survey of different advisory groups, the FASB decided to add four new financial reporting issues in its upcoming agenda discussion paper expected in the first half of 2016.
The issues to be added are:
- Pensions and other postretirement employee benefit plans;
- Intangible assets;
- Distinguishing liabilities from equity; and
- Financial performance reporting.
With the exception of intangible assets, which the IASB currently does not address in a research project, the issues to be added correspond to a large part with the issues respondents to the IASB's agenda consultation, which had asked repondents to rank the IASB's research projects as high, medium or low priorities, ranked as "high importance". A full analysis of the 118 responses on the IASB website is not available yet, however especially pensions and other postretirement employee benefit plans and distinguishing liabilities from equity rank high among the research projects currently on the IASB's agenda.
Please click for the following information on the FASB website:
- "From the Chairman's Desk" - explaining the results of the survey more closely