Health Care Alert
July 29th Emerging Issues Task Force meeting highlights
On July 29, 2010, the Emerging Issues Task Force (EITF) of the Financial Accounting Standards Board (FASB) discussed nine issues, reaching final consensuses on three issues, consensuses-for-exposure on three issues, and deferring decisions on the remaining issues. Of the nine issues discussed, four are directly related to organizations within the scope of the AIPCA Accounting and Auditing Guide, Health Care Organizations (the Health Care Guide) and Accounting Standards Codification (ASC) Topic 954, Health Care Entities, two of which have reached final consensus by the EITF.
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Health Care Alerts are published by Grant Thornton LLP. They are not intended to answer specific questions or suggest suitability of action in a particular case. For additional information on the issues discussed in the newsletter, consult your Grant Thornton client-service partner.
