EITF Update
15 March 2013
EITF Update - March 2013
The EITF reached two final consensuses on recognition and measurement of services received by a not-for-profit entity from personnel of an affiliated entity for which the affiliate does not charge the recipient not for profit and accounting for the difference between the fair value of the assets and the fair value of the liabilities of a consolidated collateralized financing entity. The EITF also reached a consensus-for-exposure on the accounting for investments in qualified affordable housing projects and discussed pushdown accounting but did not reach any conclusions.
18 January 2013
EITF Update - January 2013
The EITF reached final consensuses on the following issues: (a) the accounting for a cumulative translation adjustment in sales within a foreign entity and sales of an investment in a foreign entity and (b) the recognition and measurement of obligations subject to joint and several liability for which the total amount of the obligation is fixed at the reporting date. The EITF also reached consensuses-for-exposure on two issues.
12 September 2012
EITF Update - September 2012
The EITF reached three final consensuses on presentation by a not-for-profit of proceeds from the sale of donated securities or other financial assets, accounting for an adjustment to an indemnification asset recognized as a result of a government-assisted acquisition of a financial institution and consideration of information after the balance sheet date in the impairment test of unamortized film costs. The EITF also reached consensuses-for-exposure on two other issues. Our EITF Update explains what you need to know about these issues.
22 June 2012
EITF Update - June 2012
The EITF reached two consensuses-for-exposure on services received by a not-for-profit entity from employees of an affiliated entity and the accounting for obligations with joint and several liability. The EITF also discussed one other issue, but didn’t reach a final consensus. The attached EITF Update explains what you need to know about these issues.
16 March 2012
EITF Update - March 2012
The EITF reached three consensuses-for-exposure on not-for-profit entities’ sales of donated securities that are unrestricted and readily convertible into cash, measuring indemnification assets and fair value measurements used for the impairment test for unamortized film costs. The EITF also discussed three other issues, but didn’t reach conclusions.
4 November 2011
EITF Update - November 2011
The EITF reached a final consensus on a derecognition issue involving "in-substance" real estate and a consensus-for-exposure on a cumulative translation adjustment issue.
24 June 2011
EITF Update - June 2011
This EITF Update summarizes the consensuses and tentative conclusions reached at the June 2011 EITF meeting.
23 November 2010
EITF Update - November 2010
This EITF Update summarizes the consensuses and tentative conclusions reached at the November 2010 EITF meeting.
17 September 2010
EITF Update - September 2010
This EITF Update summarizes the consensuses and tentative conclusions reached at the September 2010 EITF meeting.
30 July 2010
EITF Update - July 2010
This EITF Update summarizes the consensuses and tentative conclusions reached at the July 2010 EITF meeting.
19 March 2010
EITF Update - March 2010
This EITF Update summarizes the consensuses and tentative conclusions reached at the March 2010 EITF meeting.
20 November 2009
EITF Update - November 2009
This EITF Update summarizes the consensuses and tentative conclusions reached at the November 2009 EITF meeting.
1 September 2009
EITF Update - September 2009
This EITF Update summarizes the consensuses and tentative conclusions reached at the September 2009 EITF meeting.
19 June 2009
EITF Update - June 2009
This EITF Update summarizes the consensuses and tentative conclusions reached at the June 2009 EITF meeting.
20 March 2009
EITF Update - March 2009
This EITF Update summarizes the consensuses and tentative conclusions reached at the March 2009 EITF meeting.
1 January 2009
EITF Update - January 2009
This EITF Update summarizes the consensuses and tentative conclusions reached at the January 2009 EITF meeting.
1 November 2008
EITF Update - November 2008
This EITF Update summarizes the consensuses and tentative conclusions reached at the November 2008 EITF meeting.
1 September 2008
EITF Update - September 2008
This EITF Update summarizes the consensuses and tentative conclusions reached at the September 2008 EITF meeting.
1 June 2008
EITF Update - June 2008
This EITF Update summarizes the consensuses and tentative conclusions reached at the June 2008 EITF meeting.
1 March 2008
EITF Update - March 2008
This EITF Update summarizes the consensuses and tentative conclusions reached at the March 2008 EITF meeting.
1 November 2007
EITF Update - November 2007
This EITF Update summarizes the consensuses and tentative conclusions reached at the November 2007 EITF meeting.