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EITF discusses two Issues at September meeting

  • EITF meeting Image

Sep 28, 2018

At its meeting yesterday, the EITF discussed assumed liabilities in revenue contracts and accounting for episodic television series.

Specifically, the EITF discussed the following Issues:

  • Issue 18-A, “Recognition Under Topic 805 for an Assumed Liability in a Revenue Contract.”
  • Issue 18-B, “Improvements to Accounting for Episodic Television Series.”

For a detailed summary of the meeting, see Deloitte’s September EITF Snapshot as well as the meeting recap on the FASB's Web site.

 

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