As you may recall, last week I sent an email to the Chairman, board of directors, and staff of the Financial Accounting Standards Board.  Below is the response I received back that they said I could share with my readers:

Dear Mr. Marks,

 Thank you for your insightful email regarding the treatment of discontinued operations.  The FASB Board did in fact discuss issues regarding the treatment of discontinued operations in the context of another project during April 2007.  As a result, the FASB Board decided to add a separate project on discontinued operations that will address issues that are similar to those you highlight in your letter. To view the entire article:

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