EITF Snapshot for January 2009
18 Jan 2009
We have posted the January 2009 edition of EITF Snapshot summarising the 15 January 2009 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.
This EITF Snapshot covers the following issue discussed by the EITF at the meeting:
- Issue 08-10 Selected Statement 160 Implementation Questions – Tentative conclusion reached
Initial EITF consensuses (known as 'consensuses-for-exposure') are exposed for a comment period after ratification by the FASB. At its first scheduled meeting after the comment period, the EITF considers comments received and, as warranted, affirms its consensuses-for-exposure as final consensuses. Those consensuses are then provided to the Board for final ratification.
Past issues can be downloaded Here.
