Since we
previously posted that FASB was slated to discuss at its board meeting tomorrow the effective date and transition provisions for its upcoming amendments to FAS 140,
Transfers of Financial Assets, and FIN 46R,
Consolidation of Variable Interest Entities, we wanted to let you know that earlier today, FASB issued a
Revised Action Alert (Notice of Open Meetings) , which notes that it has removed the discussion about FAS 140 and FIN 46R from tomorrow's meeting, and discussion of those topics "will be rescheduled to a later date". The remaining agenda item for tomorrow's FASB board meeting (slated to begin at 9am) is applicability of FIN 48,
Accounting for Uncertainty in Income Taxes, to pass-through entities (mainly, but not exclusively, private companies). Links to FASB webcasts, announcements of upcoming meetings (Action Alert), board handouts and minutes, and additional information can be found on FASB's
Board meetings page.