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ACC 577 Week 8 Assignment 1 Emerging Issues Task Force
Assignment 1: Emerging Issues Task Force
Review the Emerging Issues Task Force (EITF) on the FASB Website,
located at
http://www.fasb.org/jsp/FASB/Page/SectionPage&cid=1218220137512.
Next, review the Description and Status of Current Issues section,
located at http://www.fasb.org/jsp/FASB/Page/SectionPage
&cid=1218220137528, along with the Exposure Drafts and Public
Comment Documents, located at
http://www.fasb.org/cs/ContentServer?site=FASB&c=Page&pagen
ame=FASB%2FPage%2FSectionPage&cid=1176157086783.
Write a four to five (4-5) page paper in which you:
Analyze the primary way in which Emerging Issues Task Force (EITF)
influences Generally Accepted Accounting Principles (GAAP). Based
on your analysis, recommend one (1) improvement that the EITF could
take in order to more effectively influence GAAP.