Accounting Standards Update · 2013

ASU 2013-11 — Income Taxes (Topic 740)

The amendments in this Update provide guidance on the financial statement presentation of an unrecognized tax benefit when a net operating loss carryforward, similar tax loss, or tax credit carryforward exists.

This Accounting Standards Update is the final version of Proposed Accounting Standards Update EITF-13C—Income Taxes (Topic 740), which has been deleted.

Accounting Standards Update No. 2013-11 (PDF)

Issued: July 18, 2013

Text as published in the FASB Accounting Standards Codification, Basic View.