Proposals

Exposure Draft: Proposed Accounting Standards Update—Not-For-Profit Entities (Topic 958) and Health Care Entities (Topic 954): Presentation of Financial Statements of Not-For-Profit Entities
FASB In Focus Summary
FASB, April 22, 2015

Issue No. 13-B, “Accounting for Investments in Qualified Affordable Housing Projects”
Issue Summary No. 1. Supplement No. 2
Emerging Issues Task Force, October 31, 2013

Exposure Draft: Proposed Accounting Standards Update—Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects
FASB Emerging Issues Task Force
(April 17, 2013)

FASB Emerging Issues Task Force Issue No. 13-B: Accounting for Investments in Affordable Housing Tax Credits
(February 26, 2013)

Emerging Issues Task Force Agenda Report November 27, 2012 Agenda Decisions

Accounting for Financial Instruments—Joint Project of the FASB and IASB

Related Resources

Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects
Financial Accounting Standards Board, September 2013

EITF-13B Comment Letters
Emerging Issues Task Force, June 18, 2013

Response to Proposed Accounting Standards Update—Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects
Novogradac & Company LLP, June 14, 2013

Response to Proposed Accounting Standards Update—Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects
NMTC Working Group, June 14, 2013

EITF Instructs Staff to Draft Updated Low-Income Housing Tax Credit GAAP Guidance
By Michael J. Novogradac, CPA, March 14, 2013

Accounting for the Unique Nature of Tax Credit Investments
By Michael J. Novogradac, CPA, August 2012

White Paper: Significant Changes Needed in Accounting for Affordable Housing and Other Tax Credit Investments
By Michael Beck, CohnReznick, and Bentley Stanton, Novogradac & Company LLP, June 22, 2012

Can Effective-Yield Accounting Boost Investor Interest in the HTC?
By John Leith-Tetrault, National Trust Community Investment Corporation, November 2010

More Investors Consider Using the Effective Yield Method, Definition of Creditworthy Comes into Question
By Bentley D. Stanton, CPA, CMA, April 2008