FASB Ratifies Two EITF Proposals
Published on:
23 Jul 2012
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Today, the FASB exposed the following two proposed ASUs for public comment in response to consensuses-for-exposure reached at the EITF’s June meeting (as reported in Deloitte’s June issue of EITF Snapshot):
- Not-for-Profit Entities: Personnel Services Received From an Affiliate for Which the Affiliate Does Not Seek Compensation.
- Obligations Resulting From Joint and Several Liability Arrangements.
Comments on each proposal are due by September 20, 2012.
