Episodic Television Series – FASB Ratifies EITF Decision
Summary - As reported in its “Summary of Board Decisions” publication, the FASB met on January 30, 2019, and ratified the consensus reached at the January 17, 2019 EITF meeting on EITF Issue No. 18-B, “Improvements to Accounting for Episodic Television Series.” The FASB directed its staff to draft an Accounting Standards Update reflecting the consensus for vote by written ballot. See our Literature Update for complete details.