United States

EITF Reaches Two Final Consensuses

Jun 18, 2014
From the Financial Reporting Network

This edition of Defining Issues reports that the FASB’s Emerging Issues Task Force (EITF) discussed three issues at its June 12, 2014, meeting and reached two final consensuses on:

  • Accounting for the Effect of a Federal Housing Administration Guarantee (Issue 13-F); and
  • Measuring the Financial Assets and Financial Liabilities of a Consolidated Collateralized Financing Entity (Issue 12-G).

Read Defining Issues: EITF Reaches Two Final Consensuses