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EITF discusses five issues at March meeting

  • EITF meeting Image

Mar 20, 2015

At its meeting yesterday, the EITF discussed issues related to (1) the calculation of historical earnings per unit for dropdown master limited partnership transactions, (2) disclosures about investments in certain entities that calculate net asset value per share, (3) application of the normal purchases and normal sales scope exception to certain electricity contracts, (4) the recognition of breakage for prepaid stored-value cards, and (5) employee benefit plan simplifications.

For a de­tailed summary of the meeting, see De­loitte’s March EITF Snap­shot.

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