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Accounting > Emerging Issues Task Force (EITF)
The following information is about Emerging Issues Task Force (EITF).
Emerging Issues Task Force (EITF) Defined
was formed in 1984 in response to the recommendations of the FASB's task force on timely financial reporting guidance and an FASB Invitation to Comment on those recommendations. The mission of the EITF is to assist the FASB in improving financial reporting through the timely identificationdiscussionand resolution of financial accounting issues within the framework of existing authoritative literature.
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FASB Accounting Standards CodificationTM Launches Today
Published July 1, 2009, 9:00 am, Business Wire via Yahoo! Finance
NORWALK, Conn.----The Financial Accounting Standards Board today launched the FASB Accounting Standards CodificationTM as the single source of authoritative nongovernmental U.S. generally accepted accounting principles .
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