Jun 22, 2015
From the Financial Reporting Network
This edition of Defining Issues reports that the FASB’s Emerging Issues Task Force (EITF) discussed five issues at its June 18, 2015, meeting and reached two final consensuses and two consensuses-for-exposure. The EITF’s decisions must be ratified by the FASB before they are issued or become authoritative. The FASB is scheduled to consider those decisions at its July 9, 2015, meeting.