Monday, August 01, 2005

2005 Annuar FASAC Survey


This survey solicits Council members' views on:
  • The FASB's priorities
  • Future financial reporting issues
  • Simplification
  • The right level of implementation guidance
  • Differential accounting standards for certain entities.

    Responses are requested no later than Wednesday, August 31, 2005.

    The Board believes it is appropriate to take a fresh look at its agenda each year. Given the current environment, consider the accounting and financial reporting issues that are the most challenging for entities, boards of directors, and investors. If the FASB was setting its agenda today, what are the five most important issues the Board should address? Please be as specific as possible and give the reasons for your response.

    See full Report, in pdf format.
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