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What is the eitf?

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Anonymous

∙ 17y ago
Updated: 8/16/2019

The Emerging Issues Task Force (EITF) is the technical arm of the FASB charged with interpreting GAAP in special applications.

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∙ 17y ago
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What generally accepted accounting principles are designated under Category C in the GAAP hierarchy?

Category C consists of (1) AcSEC Practice Bulletins that have been cleared by the FASB and (2) consensus positions of the FASB Emerging Issues Task Force (EITF).


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