June 2006 edition of EITF Roundup

  • EITF Roundup Image

30 Jun 2006

We have posted the (PDF 609k), which provides an overview of the issues discussed, consensuses reached, and administrative matters discussed at the 15 June 2006 meeting of FASB's Emerging Issues Task Force.

You will find past issues Here. Issues covered in the June 2006 edition include:
  • Issue No. 05-1 Accounting for the Conversion of an Instrument That Becomes Convertible Upon the Issuer's Exercise of a Call Option*
  • Issue No. 06-1 Accounting for Consideration Given by a Service Provider to Manufacturers or Resellers of Equipment Necessary for an End-Customer to Receive Service From the Service Provider
  • Issue No. 06-2 Accounting for Sabbatical Leave and Other Similar Benefits Pursuant to FASB Statement No. 43 Accounting for Compensated Absences*
  • Issue No. 06-3 Disclosure Requirements for Taxes Assessed by a Governmental Authority on Revenue- Producing Transactions*
  • Issue No. 06-4 Accounting for Deferred Compensation and Postretirement Benefit Aspects of Endorsement Split- Dollar Life Insurance Arrangements
  • Issue No. 06-5 Accounting for Purchases of Life Insurance - Determining the Amount That Could Be Realized in Accordance With FASB Technical Bulletin No. 85-4 Accounting for Purchases of Life Insurance
  • Issue No. 06-6 Application of EITF Issue 05-7, 'Accounting for Modifications to Conversion Options Embedded in Debt Instruments and Related Issues' * Final Consensus Reached

Correction list for hyphenation

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