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FASB To Hold Roundtables On Financial Instruments, Other Standards Sept. 10, 2010 FEI Summary
On Sept. 10, the Financial Accounting Standards Board announced it will hold a series of public roundtables on the proposed Accounting Standards Update, Accounting for Financial Instruments and Revisions to the Accounting for Derivative Instruments and Hedging Activities—Financial Instruments (Topic 825) and Derivatives and Hedging (Topic 815).
The announcement notes:
The roundtables are the first in a series of such forums planned for the fall and are designed to provide interested stakeholders the opportunity to express their views on major FASB projects in progress.
Participants at each roundtable represent a wide variety of perspectives, including those of preparers, auditors, and users. The Board is still seeking private company and not-for-profit stakeholders to participate in the October 12, 2010 roundtable.
Any individual or organization representing those constituencies desiring to participate in that roundtable should notify the FASB by sending an email to director@fasb.org. Those interested in observing the roundtables must pre-register for specific sessions. Each session will be audiocast live at www.fasb.org.
As noted in FASB's announcement, the first roundtables on accounting for financial instruments are scheduled as follows:
Tuesday, October 12, 2010 FASB Public Roundtable Meeting with Private Companies and Not-for-Profit Entities on the FASB Exposure Draft on Accounting for Financial Instruments Time: 9:00 a.m. – 12:00 p.m. Location: FASB offices, 401 Merritt 7, Norwalk, CT 06856 This session will focus on the impact of the proposed guidance on private companies and not-for-profit entities.
Monday, October 18, 2010 FASB Public Roundtable Meetings on the FASB Exposure Draft on Accounting for Financial Instruments Session 1: 9:00 a.m. – 12:00 p.m. Session 2: 1:00 p.m. – 4:00 p.m. Location: Baruch College, Newman Conference Center, Room H750, 151 East 25th Street, 7th Floor, New York, NY 10010
Tuesday, October 19, 2010 FASB Public Roundtable Meetings on the FASB Exposure Draft on Accounting for Financial Instruments Session 1: 9:00 a.m. – 12:00 p.m. Session 2: 1:00 p.m. – 4:00 p.m. Location: FASB offices, 401 Merritt 7, Norwalk, CT 06856
The schedule for roundtables focused on other major FASB proposals will be announced in the coming weeks.
Prepared by FEI staff, Sept. 10, 2010. This summary does not represent FEI opinion unless specifically noted above.
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