Disclosures about Credit Derivatives and Certain Guarantees: An Amendment of FASB Statement No. 133 and FASB Interpretation No. 45; and Clarification of the Effective Date of FASB Statement No. 161

Disclosures about Credit Derivatives and Certain Guarantees: An Amendment of FASB Statement No. 133 and FASB Interpretation No. 45; and Clarification of the Effective Date of FASB Statement No. 161

Status

Date Posted: September 12, 2008 

Effective Date:
Amendments to FAS 133 and FIN 45 effective for reporting periods (annual or interim) ending after November 15, 2008; Amendment to FAS 161 effective September 12, 2008

Affects:
Adds FAS 133, paragraph 44DD
Amends FAS 161, paragraph 7
Amends FIN 45, paragraphs 6, 7(a), and 13(a)

Affected by:
No other pronouncements

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