FASB Ruling EITF 01-9
An interpretation of the guidelines issued in 2001 for accounting of trade allowance dollars and other related expenses by manufacturers.

FASB Ruling EITF 02-16
An interpretation of the guidelines issued in 2002 that apply the same accounting standards to retailers that EITF 01-9 applied to retailers.

Corporations Under Fire
A summary of accounting practices, including the reporting of trade allowances, that have landed major corporations in big trouble with the law over reported earnings.

Those interested in knowing more about these rulings should check out the website of the Financial Accounting Standards Board. Those wishing to apply these rulings to their own business practices should consult the advice of their own accounting counsel.