The mission of the EITF is to assist the FASB in improving financial reporting through the timely identification, discussion, and resolution of financial accounting issues within the framework of the FASB Accounting Standards CodificationTM.
EITF observer: A meeting synopsis - March 2013
PwC - 03/18/2013
At the EITF's March 14 meeting, the Task Force discussed four Issues, reaching a final consensus on two Issues (12-B and 12-G) and a consensus-for-exposure on Issue 13-B. Further discussion is expected on Issue 12-F. This edition of EITF observer provides a synopsis of the meeting.
EITF observer: A meeting synopsis - January 2013
PwC - 01/21/2013
At the EITF's January 17 meeting, the Task Force discussed seven Issues, reaching a final consensus on two Issues (11-A and 12-D) and consensus-for-exposure on two Issues (13-A and 13-C). This edition of EITF observer provides a synopsis of the meeting.
Final Minutes of the March 14, 2013, EITF Meeting (Part 1)
Included are Part I of the final minutes of the March 14, 2013, meeting of the FASB Emerging Issues Task Force (EITF), including an inventory of open issues for future EITF meetings. Also included as exhibits are the Accounting Standards Update for Issue 12-B and the proposed Accounting Standards Update for Issue 13-B.
Final Minutes of the January 17, 2013, EITF Meeting
Included are the final minutes of the January 17, 2013, meeting of the FASB Emerging Issues Task Force (EITF) and an inventory of open issues for the next EITF meeting.
EITF - 3/8/2013
Issue 13-B: Accounting for Investments in Affordable Housing Tax Credits
This Issue addresses how an entity should account for its limited partnership investment in a qualified affordable housing project.
EITF - 1/8/2013
Issue 13-C: Presentation of a Liability for an Unrecognized Tax Benefit When a Net Operating Loss or Tax Credit Carryforward Exists
This Issue addresses how an entity should present a liability for an unrecognized tax benefit in the statement of financial position when non-recognition of the tax benefit would otherwise reduce a deferred tax asset related to an NOL or tax credit carryforward under the provisions of the tax law.
EITF - 1/8/2013
Issue 13-A: Inclusion of the Fed Funds Effective Swap Rate as a Benchmark Interest Rate for Hedge Accounting Purposes
This Issue addresses whether the Fed Funds Effective Swap Rate should be included as a U.S. benchmark interest rate for hedge accounting purposes.