FASB Board Moves EITFs 15-D and 15-E to a 60-Day Public Comment Period


On July 9, the FASB Board elected to submit for a 60-day public comment period two EITFs:

1) The “Effect of Derivative Contract Novation on Existing Hedge Accounting Relationships” and

2) “Contingent Put and Call Options in Debt Instruments” to Proposed Accounting Standard Update.

You can read the entirety of the July 9th tentative Board decisions here.