Urgent Issues Task Force
A sub-committee of the Accounting Standards Board (ASB) that was set up to deal with urgent accounting issues on an ad hoc basis. UITF consensuses are published in the form of UITF Abstracts which must be followed by companies when preparing their accounts.
For further information, see the ASB website.

Practical Law Dictionary. Glossary of UK, US and international legal terms. . 2010.

Look at other dictionaries:

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