Page Last Updated: March 4, 2020
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.
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does not reflect SASB’s updated mission statement, nor does not reflect SASB’s global reach, and the document contains outdated assumptions, definitions, and data.
Document revision process (prior to public comment period)
90-day public comment period expected to begin in August of 2020
There are no published documents or drafts at this time.
There are no supplemental materials at this time.
Board Meeting Outcomes
- The board discussed a new project on SASB’s Conceptual Framework
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.