Status of FASB Staff Position FAS 157-1

Application of FASB Statement No. 157 to FASB Statement No. 13 and Other Accounting Pronouncements That Address Fair Value Measurements for Purposes of Lease Classification or Measurement under Statement 13

Status

Date Posted:

February 14, 2008

Effective Date:
Upon initial adoption of Statement 157

Affects:
Amends FAS 13, paragraph 5(c)
Amends FAS 157, paragraphs 2 and D1

Affected by:
Paragraph 1 amended by FAS 164, paragraph E21

 

 

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