This site uses cookies to provide you with a more responsive and personalised service. By using this site you agree to our use of cookies. Please read our cookie notice for more information on the cookies we use and how to delete or block them.
The full functionality of our site is not supported on your browser version, or you may have 'compatibility mode' selected. Please turn off compatibility mode, upgrade your browser to at least Internet Explorer 9, or try using another browser such as Google Chrome or Mozilla Firefox.

EITF Snapshot for March 2008

  • EITF Snapshot Image

17 Mar 2008

We have posted the March 2008 edition of EITF Snapshot summarising the 12 March 2008 meeting of FASB's Emerging Issues Task Force.

EITF Snapshot, published by Deloitte & Touche LLP (USA), enables readers to identify relevant topics and to understand quickly the meeting's outcome. Past issues can be downloaded Here.

EITF Snapshot explains the four issues on which the EITF reached a consensus at this meeting:

  • Issue 07-4 Application of the Two-Class Method Under FASB Statement No. 128, Earnings per Share, to Master Limited Partnerships – consensus reached
  • Issue 07-5 Determining Whether an Instrument (or an Embedded Feature) Is Indexed to an Entity's Own Stock – consensus for exposure
  • Issue 08-2 Lessor Revenue Recognition for Maintenance Services – tentative consensus reached (further deliberations at the next EITF meeting)
  • Issue 08-3 Accounting by Lessees for Maintenance Deposits Under Lease Agreements – consensus for exposure

Click to view EITF Snapshot (PDF 126k).

Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.