Nov 15, 2013
From the Financial Reporting Network
This edition of Defining Issues reports that the FASB's Emerging Issues Task Force (EITF) discussed six issues at its November 14, 2013, meeting and reached four final consensuses and one consensus-for-exposure. These must be ratified by the FASB before they are issued or become authoritative. The FASB is scheduled to consider ratification of these consensuses at its December 11 meeting.