Active Projects

The board currently has a number of active projects in varying stages of completion. Each link below will take you to a page with information about the related project. The pages will include a history—with the most recent first—of the project and staff papers supporting deliberations. Staff contact information is provided on each project page for specific questions related to the project deliberations or status.

If you have questions or problems regarding access to any files, please e-mail Melissa Loughan and Ross Simms.

Concepts – The Financial Report
Revisiting the reporting model described in Statement of Federal Financial Accounting Concepts 2, Entity and Display

Concepts – Federal Entity
Defining the boundaries of the U.S. Government reporting entity and the component reporting entities

Deferral of the Transition to Basic Information for Long-Term Projections
The Board is proposing a one-year deferral of the transition of the statement presenting long-term
fiscal projections for the U.S. government and related disclosures from required
supplementary information (RSI) to basic information.

Investments and Other Equity Interests in Non-Federal Entities
Provide accounting standards for federal investments and other equity interests in non-federal entities, including various assets that can result from the federal government’s actions in stabilizing the economy

Leases
Developing comprehensive lease accounting standards for the federal government

Natural Resources
Developing reporting requirements to enhance accountability for and stewardship over federal natural resources (e.g., oil, gas, and coal)

Performance Reporting
Revisiting performance reporting requirements to determine needed improvements

Public-Private-Partnerships
Considering the appropriate recognition, measurement and disclosure of Public-Private-Partnerships

Reporting of Budgetary Information in Financial Reports
Revisiting requirements to present budgetary information in financial reports to determine needed improvements

Risk Assumed
Considering the appropriate recognition, measurement, and disclosure of significant risks assumed by the federal government

Statement of Net Cost
Revisiting the statement of net cost to determine needed improvements