FASB EITF Guide - Accounting Emerging Issues Task Force

The FASB ETIF (Emerging Issues Task Force) is the division of the FASB that is in charge of deciding the standards of accounting for important, emerging trends in business. The goal of the EITF is to issue timely standards, in order to ensure that businesses are reporting activity uniformly rather than attempting to create their own framework due to none being in place.

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