Emerging Issues Task Force (EITF)

Proposed Codification Updates and Comment Letters


The following Proposed Updates are currently out for comment:
  1. EITF Issue No. 15-A, "Application of the Normal Purchases and Normal Sales Scope Exception to Certain Electricity Contracts within Nodal Energy Markets"
    1. Proposed Accounting Standards Update, Derivatives and Hedging (Topic 815): Application of the Normal Purchases and Normal Sales Scope Exception to Certain Electricity Contracts within Nodal Energy Markets (a consensus of the FASB Emerging Issues Task Force)
    2. Comment deadline: May 18, 2015
    3. Comment Letters
  2. EITF Issue No. 15-B, "Recognition of Breakage for Certain Prepaid Stored-Value Cards"
    1. Proposed Accounting Standards Update, Liabilities—Extinguishments of Liabilities (Subtopic 405-20): Recognition of Breakage for Certain Prepaid Stored-Value Cards (a consensus of the FASB Emerging Issues Task Force)
    2. Comment deadline: June 29, 2015
    3. Comment Letters
  3. EITF Issue No. 15-C, "Employee Benefit Plan Simplifications"
    1. Three Proposed Accounting Standards Updates, Plan Accounting (Topics 960, 962, and 965)—(I) Fully Benefit-Responsive Investment Contracts, (II) Plan Investment Disclosures, and (III) Measurement Date Practical Expedient (a consensus of the FASB Emerging Issues Task Force)
    2. Comment deadline: May 18, 2015
    3. Comment Letters: 

Comment on an EITF Issue