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Summary of the July 2016 PCC meeting

  • PCC meeting Image

Jul 19, 2016

At today’s meeting, the Private Company Council (PCC) discussed the FASB’s projects on (1) short-term improvements to the accounting for financial instruments with characteristics of both liabilities and equity, (2) balance sheet classification of debt, (3) disclosures by business entities about government assistance, and (4) financial performance reporting.

The next PCC meeting is sched­uled for September 30, 2016. For more in­for­ma­tion, see the media meeting recap and meeting minutes on the FASB’s Web site.

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.