The Financial Accounting Standards Board decided Wednesday to add four financial reporting issues and two more projects to its research agenda.
The four financial reporting topics to be researched are pensions and other post retirement employee benefit plans, intangible assets, distinguishing liabilities from equity, and financial performance reporting. All four will be included in an Agenda Discussion Paper that FASB plans to issue in the first half of this year.
The discussion paper will offer a glimpse at the accounting standards and projects that FASB will be pursuing in the years ahead.
FASB also decided Wednesday to add two additional projects to its research agenda: consolidations, and inventory and costs of sales. FASB decided at the same meeting, however, not to perform additional work on the issue of asset retirement obligations.
More information on the forthcoming Agenda Discussion Paper can be found here.