Status of FASB Staff Position FIN 48-1

Definition of Settlement in FASB Interpretation
No. 48


Date Posted: May 2, 2007

Effective Date:
Upon the initial adoption of FASB Interpretation No. 48


Amends FIN 48, paragraphs 8, 10(b), 12, A3, A4, A22, A24 through A26, and A29
Amends FIN 48 by adding paragraphs 10A through 10C


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