In the December 2005 issue The fair value debate begins Where now for the OFR? Letter from the Chairman Page 1 Merry Christmas from the ASB Page 2 Fair value - let the debate begin! Page 3 The Night Before Christmas Page 4 Can you have too much goodwill...? Page 5 Current hot topics Page 6 Update on current projects Page 7 Accounting for Pensions Page 8 ASB issues FRS 29 'Financial instruments: disclosures' Page 9 Letter from the Chairman Page 10 Heritage Assets - can accounting do better? Page 11 Accounting for public benefit entities   FURTHER INFORMATION For further information on any of these topics please contact David Loweth at Aldwych House. Email  d.loweth@frc-asb.org.uk at Aldwych House. The Board's Publications Copies of the Board's publications described within may, except where otherwise stated, be obtained from FRC Publications 145 London Road Kingston upon Thames KT2 6BR Tel: +44(0) 20 8247 1264 Fax: +44(0) 20 8247 1124 Website: www.frcpublications.com Accounting Standards Board 5th Floor Aldwych House 71-91 Aldwych London WC2B 4HN Telephone: +44(0) 20 7492 2300 Fax: +44(0) 20 7492 2301 Website: www.frc.org.uk/asb