Financial Accounting Standards Board amendments to the FASB accounting standards Codification (TM)

The proposed Accounting Standards Updates for Memorandum of Understanding (MoU) projects include a proposed guidance section that describes the requirements expected to replace relevant areas of the FASB Accounting Standards CodificationTM. Therefore, the Board decided that proposed Accounting Standards Updates for these projects will not include detailed Amendments to the Accounting Standards Codification because they are not necessary for an understanding of the proposals.