Conceptual Framework

Page Last Updated: March 4, 2020


Project Overview

Project Objective

The Conceptual Framework document details the principles, objectives, assumptions, and definitions that guide SASB’s thinking and approach to Standard-setting/revising. The Conceptual Framework project will clarify and strengthen these core principles and concepts that govern SASB’s Standards.

Project Background

SASB’s Conceptual Framework document was published in February of 2017 and does not reflect SASB’s updated mission statement, nor does not reflect SASB’s global reach, and the document contains outdated assumptions, definitions, and data.

Project Status

Current Status

Document revision process (prior to public comment period)

Next Steps

90-day public comment period expected to begin in August of 2020

Contact Information

Shivani Kuckreja
Associate Analyst, SASB
shivani.kuckreja@sasb.org

Published Documents & Supplemental Materials

Published Documents

There are no published documents or drafts at this time.

Supplemental Materials

There are no supplemental materials at this time.

Board Materials & Decisions

Board Meeting Outcomes

September 2019

  • The board discussed a new project on SASB’s Conceptual Framework

Board Materials

February 2020

December 2019

September 2019

For a full list of past and upcoming Standards Board meetings, as well as associated materials, please visit our Board Meetings Calendar & Archive.


The staff has prepared this summary for informational purposes only. Any Standards Board decisions are tentative and do not change current accounting. Official positions of SASB are determined only after extensive due process and deliberations.