Emerging Issues Task Force (EITF)

Current Agenda

The following agenda hass been proposed for the June 18, 2009 EITF meeting and is subject to change. See EITF Meeting Materials and Minutes for discussion documents related to each item (discussion materials will be posted as they become available prior to the meeting):

Thursday, June 18, 2009

8:30–8:45

Administrative Matters

8:45-10:00

Issue No. 09-4, "Seller Accounting for Contingent Consideration"

10:00-10:45

Issue No. 09-1, "Accounting for Own-Share Lending Arrangements in Contemplation of Convertible Debt Issuance"

10:45-11:00

Break

11:00-12:00

Issue No. 08-1, "Revenue Arrangements with Multiple Deliverables"

12:00-1:00

Lunch

1:00-2:00

Issue No. 09-3, "Application of AICPA Statement of Position 97-2 to Certain Arrangements That Include Software Elements"

2:00-2:45

Issue No. 08-9, "Milestone Method of Revenue Recognition"

2:45-3:00

Break

3:00-4:30

Issue No. 09-2, "Research and Development Assets Acquired In an Asset Acquisition"

Open Issues Not Expected to Be Discussed at the June Meeting:

  1. Issue No. 08-10, " Selected Statement 160 Implementation Questions "


  2. Issue No. 09-B, " Consideration of an Insurer's Accounting for Majority Owned Investments When the Ownership Is through a Separate Account "


  3. Issue No. 09-D, " Application of the AICPA Audit and Accounting Guide, Investment Companies , by Real Estate Investment Companies "


Inactive Issues Pending Developments in Board Projects/Other EITF Issues

  1. Issue No. 06-12, "Accounting for Physical Commodity Inventories for Entities within the Scope of the AICPA Audit and Accounting Guide, Brokers and Dealers in Securities"


  2. Issue No. 03-15, "Interpretation of Constraining Conditions of a Transferee in a Collateralized Bond Obligation Structure"



Download EITF Documents: Discussion materials and minutes for Issues added to the EITF agenda beginning in 2004 (that is, Issue 04-1 and subsequent Issues) are posted to the FASB website for constituents to download free of charge (arranged by meeting at which the Issue was discussed, see both "Prior Meeting Discussion Materials" and "Prior Minutes" under EITF Meeting Materials and Minutes).

Minutes (and some discussion materials) for the following Issues, which were added to the agenda prior to 2004, also are posted to the website: Issues 02-14, 03-1, 03-6, 03-8, 03-9, 03-10, 03-12, 03-13, 03-14, 03-16, and 03-17.

Discussion materials and minutes for all other Issues and minutes for all other meetings must be purchased on an individual basis from the FASB Order Department at 203-847-0700, extension 10. The cost for each Issue varies—however, there is a $5.00 minimum per order—and the cost for the minutes of any particular meeting is just $5.00.


Additional Details