September 2006 edition of EITF Roundup
21 Sep 2006
We have posted the (PDF 178k), which provides an overview of the issues discussed, consensuses reached, and administrative matters discussed at the 7 September 2006 meeting of FASB's Emerging Issues Task Force.
You will find past issues Here. Issues covered in the September 2006 edition include:
- 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. 06-4, 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, Debtor's Accounting for a Modification (or Exchange) of Convertible Debt Instruments
- Issue No. 06-7, Issuer's Accounting for a Previously Bifurcated Conversion Option in a Convertible Debt Instrument When the Conversion Option No Longer Meets the Bifurcation Criteria in FASB Statement No. 133, Accounting for Derivative Instruments and Hedging Activities
- Issue No. 06-8, Application of the Assessment of a Buyer's Continuing Investment Under FASB Statement No. 66, Sales of Real Estate, for Sales of Condominiums
- Issue No. 06-9, Reporting a Change in (or Elimination of) a Previously Existing Difference Between the Fiscal Year- End of a Parent and a Consolidated Subsidiary or Equity Method Investee