Status of Statement No. 122

Accounting for Mortgage Servicing Rights—an amendment of FASB Statement No. 65

Status

Issued: May 1995

Effective Date:
Prospectively for fiscal years beginning after December 15, 1995

 

Affects:
Amends FAS 65, paragraphs 1, 10, 15, 19, and 30
Amends FAS 65 by adding paragraphs after paragraph 30
Replaces FAS 65, paragraphs 16 through 18 and footnote 6
Replaces FTB 87-3, paragraph 9

 

Affected by:
Superseded by FAS 125, paragraph 232, and FAS 140, paragraph 351(c)

 

Issues Discussed by FASB Emerging Issues Task Force (EITF)

 

Affects:
Nullifies EITF Issues No. 86-39 and 92-10

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