November 11, 2021

The Task Force held an educational meeting to discuss Issue No. 21-A, “Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method.” The Task Force identified areas that require additional staff research and stakeholder outreach. This meeting was educational; no decisions were made.

The next EITF meeting is scheduled for March 24, 2022. For more information on the EITF, visit the EITF section of the FASB website.

EITF Meeting Recaps are provided for those interested in following the activities of the EITF. More details on the EITF’s projects can be found within the meeting minutes, which will be published on the FASB website in the coming weeks.