Urgent Issues Task Force (UITF)

Resource type: Glossary Item

Status: Maintained

Jurisdiction: United Kingdom

A sub-committee of the former Accounting Standards Board (www.practicallaw.com/A34579) (ASB) that was set up to deal with urgent accounting issues on an ad hoc basis. UITF consensuses were published in the form of UITF Abstracts. On 2 July 2012, the Financial Reporting Council (FRC) (www.practicallaw.com/7-107-5755) became the prescribed body for issuing UK accounting standards.

For further information, see Practice note, Accounting standards (www.practicallaw.com/5-379-8026).

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Resource ID: 4-107-7459
Products: IP&IT, PLC Glossary, PLC Magazine (UK), PLC UK Commercial, PLC UK Construction, PLC UK Corporate, PLC UK Dispute Resolution, PLC UK Employment, PLC UK Environment, PLC UK Law Department, PLC UK Pensions, PLC UK Property, PLC UK Share Schemes & Incentives
This resource is maintained, meaning that we monitor developments on a regular basis and update it as soon as possible.

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Practice Notes

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