UK Accounting Glossary
The Urgent Issues Task Force (UITF) was established to investigate areas where conflicts or unsatisfactory interpretation of an accounting standard or Companies Act provision exists or may develop in the future.
The Urgent Issues Task Force (UITF) was a body established in 1991 as part of the Accounting Standards Board.
It was responsible for tackling urgent matters not covered by existing standards where the timescale of the normal standard-setting process would not be feasible.
The UITF was disbanded in 2012 as part of the reformation of the Financial Reporting Council.
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This glossary post was last updated: 4th May 2019.