Determining the Fair Value of a Financial Asset When the Market for That Asset Is Not Active

Determining the Fair Value of a Financial Asset When the Market for That Asset Is Not Active

Status

Date Posted: October 10, 2008 

Effective Date:
October 10, 2008, including prior periods for which financial statements have not been issued

Affects:
Adds FAS 157, paragraphs A32A through A32F

Affected by:
Superseded by FSP FAS 157-4, paragraph A2

 

 

 

Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides