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Highlights from the FASB’s March 29 meeting

  • FASB meeting Image

Mar 31, 2017

At its March 29, 2017, meeting, the IASB gave the FASB an update regarding the former’s projects on the conceptual framework and financial instruments with characteristics of equity. No technical decisions were made.

In addition, the Board ratified the consensus that the EITF reached on Issue No. 16-C, “Determining the Customer of the Operation Services in a Service Concession Arrangement,” at its March 16, 2017, meeting. The Board directed the staff to draft a final ASU related to this consensus for a vote by written ballot.

For more in­for­ma­tion, see the 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.