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EITF discusses six issues at its November meeting

  • EITF meeting Image

Nov 15, 2013

Yesterday, the Emerging Issues Task Force (EITF) met to discuss six issues.

Issues discussed at the meeting include the following:

  • Issue No. 12-F, “Recognition of New Accounting Basis (Pushdown) in Certain Circumstances.”
  • Issue No. 12-G, “Measuring the Financial Liabilities of a Consolidated Collateralized Financing Entity.”
  • Issue No. 12-H, “Accounting for Service Concession Arrangements.”
  • Issue No. 13-B, “Accounting for Investments in Qualified Affordable Housing Projects.”
  • Issue No. 13-E, “Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans Upon Foreclosure.”
  • Issue No. 13-F, “Classification of Certain Government Insured Residential Mortgage Loans Upon Foreclosure by a Creditor.”

For a detailed summary of the meeting, please see Deloitte’s EITF Snapshot and the meeting minutes on the FASB's Web site.

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