EITF Discusses Accounting for Episodic TV Series at January Meeting

At its meeting yesterday, the EITF discussed Issue No. 18-B, “Improvements to Accounting for Episodic Television Series.”

The EITF reached a final consensus on the issue at this meeting. FASB ratification is expected at the Board’s January 30, 2019, meeting, after which a final ASU will be issued.

For a detailed summary of the meeting, see Deloitte’s January 2019 EITF Snapshot as well as the meeting recap on the FASB's Web site.