Based on the FASB's decisions at its most recent meeting, three Emerging Issues Task Force (EITF) consensuses will be issued as proposals for public comment. A fourth will be published as a final standard.
- EITF Issue No. 09-G, “Accounting for Costs Associated with Acquiring or Renewing Insurance Contracts,” will be issued as a final standard.
- The board also agreed to publish EITF Issue No. 09-H, “Health Care Entities: Revenue Recognition,” as a proposal. The proposed amendment to U.S. GAAP calls upon health care providers to disclose the policy for considering the collectability of an unpaid medical bill.
- The task force agreed to seek public comments on EITF Issue No. 10-A, "How the Carrying Amount of a Reporting Unit Should Be Determined When Performing Step 1 of the Goodwill Impairment Test,"
- The task force agreed to seek public comments on EITF Issue No. 10-G, “Disclosure of Supplementary Pro Forma Information for Business Combinations.”
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