Status of Statement No. 133

Accounting for Derivative Instruments and Hedging Activities

Status

Issued: June 1998

Effective Date:
For all fiscal quarters of all fiscal years beginning after June 15, 1999 (Deferred to all fiscal quarters of all fiscal years beginning after June 15, 2000 by FAS 137)

 

Affects:
Amends ARB 43, Chapter 4, paragraph 8
Amends FAS 52, by adding paragraph 14A
Amends FAS 52, paragraphs 15, 16, 30, 31(b), and 162
Deletes FAS 52, paragraphs 17 through 19
Replaces FAS 52, paragraph 21
Amends FAS 60, paragraphs 46 and 50
Amends FAS 65, paragraphs 4 and 9(a)
Deletes FAS 65, paragraph 9(b)(1)
Supersedes FAS 80
Amends FAS 95, footnote 4
Supersedes FAS 105
Deletes FAS 107, paragraph 4
Amends FAS 107, paragraphs 10 and 31
Replaces FAS 107, paragraph added after paragraph 13 by FAS 119
Amends FAS 107 by adding paragraphs 15A through 15D
Amends FAS 113, paragraph 28
Amends FAS 115, paragraphs 4, 13, 15(b), 16, 19 through 22, 115, and 137
Supersedes FAS 119
Amends FAS 124, paragraphs 3, 5, 6, and 112 and footnote 6
Amends FAS 125, paragraphs 4, 14, 31, and 243
Replaces FAS 126, paragraph 2(c)
Replaces FTB 79-19, paragraph 6

 

Affected by:
Paragraphs 6 through 8 amended by FAS 149, paragraphs 3 through 5, respectively
Paragraph 9(a) amended by FAS 149, paragraph 6
Paragraph 10 amended by FAS 149, paragraphs 7(d) and 7(e), and FSP EITF 00-19-2, paragraph 13
Paragraph 10(a) replaced by FAS 149, paragraph 7(a)
Paragraph 10(b) replaced by FAS 138, paragraph 4(a), and FAS 149, paragraph 7(b)
Paragraph 10(c) amended by FAS 163, paragraph C3
Paragraph 10(d) replaced by FAS 149, paragraph 7(c)
Paragraph 10(f) amended by FAS 140, paragraph 353(a)
Paragraph 10(g) amended by FSP FTB 85-4-1, paragraph 21
Paragraph 10(h) amended by FSP AAG INV-1/SOP 94-4-1, paragraph B3
Paragraph 11 amended by FAS 150, paragraph C2(a)
Paragraph 11(b) amended by FAS 123(R), paragraph D15, FSP FAS 123(R)-1
Paragraph 11(c) amended by FAS 141, paragraph E18(a)
Paragraph 11(c) replaced by FAS 141(R), paragraph E26*
Paragraph 12 amended by FAS 138, paragraph 4(p)
Paragraph 12(c) amended by FAS 150, paragraph C2(b)
Paragraph 13(a) amended by FAS 149, paragraph 8(a)
Paragraph 13(b) replaced by FAS 149, paragraph 8(b)
Paragraph 14 amended by FAS 155, paragraph 4(a)
Paragraphs 14A and 14B added by FAS 155, paragraph 4(b)
Paragraph 15 amended by FAS 149, paragraph 9
Paragraph 16 amended by FAS 155, paragraph 4(c)
Paragraph 16A added by FAS 155, paragraph 4(d), and deleted by FAS 157, paragraph E18(a)
Paragraph 17 amended by FAS 149, paragraph 10, and FAS 157, paragraph E18(b)
Paragraph 19 deleted by FAS 149, paragraph 11
Paragraph 20(c) amended by FAS 149, paragraph 12
Paragraph 21(a)(2)(c) amended by FAS 149, paragraph 14
Paragraph 21(c)(1) amended by FAS 138, paragraph 4(f)
Paragraphs 21(c)(3) and 21(c)(5) amended by FAS 160, paragraph C2
Paragraphs 21(d), 21(f), and 21(f)(2) through 21(f)(4) amended by FAS 138, paragraph 4(b)
Paragraphs 27, 34, 64, 65(c), 94, 96, 97, 99, and 143 amended by FAS 149, paragraph 15
Paragraph 28(c) amended by FAS 149, paragraph 16
Paragraph 29(d) amended by FAS 138, paragraph 4(g)
Paragraphs 29(e), 29(h), and 29(h)(1) through 29(h)(4) amended by FAS 138, paragraph 4(c)
Paragraph 29(f) amended by FAS 141, paragraph E18(b); FAS 141(R), paragraph E4(b); and FAS 160, paragraph C2
Paragraph 29(g)(2) amended by FAS 138, paragraph 4(h)
Paragraph 30 amended by FAS 138, paragraph 4(i)
Paragraph 30(d) replaced by FAS 149, paragraph 17
Paragraph 33 replaced by FAS 138, paragraph 4(q)
Paragraph 36 amended by FAS 138, paragraphs 4(j) and 4(n)
Paragraph 36(a) amended by FAS 138, paragraph 4(j)
Paragraph 36(b) replaced by FAS 138, paragraph 4(j)
Paragraphs 36A, paragraph 37A, and paragraphs 40A through 40C added by FAS 138, paragraphs 4(k), 4(l), and 4(o), respectively
Paragraphs 37 and 38 amended by FAS 138, paragraphs 4(s) and 4(t), respectively
Paragraph 40 amended by FAS 138, paragraph 4(m)
Paragraph 40(a) replaced by FAS 138, paragraph 4(v)
Paragraph 40(b) amended by FAS 138, paragraph 4(v)
Paragraph 42 amended by FAS 138, paragraph 4(u), and FAS 159, paragraph C7(a)
Paragraph 44 amended by FAS 161, paragraph 3(a)
Paragraph 44A added by FAS 155, paragraph 4(e), and amended by FAS 159, paragraph C7(b)
Paragraph 44B added by FAS 155, paragraph 4(e)
Paragraphs 44C through 44E added by FAS 161, paragraph 3(b)
Paragraph 45 amended by FAS 161, paragraph 3(c)
Paragraph 45(b)(4) amended by FAS 138, paragraph 4(r)
Paragraph 45A added by FAS 149, paragraph 18
Paragraph 48 amended by FAS 137, paragraph 3(a)
Paragraph 49 amended by FAS 149, paragraph 19
Paragraph 50 replaced by FAS 137, paragraph 3(b)
Paragraph 52(b) replaced by FAS 138, paragraph 4(w)
Paragraph 54 and footnote 14 amended by FAS 138, paragraph 4(d)
Paragraph 56 amended by FAS 140, paragraph 353(c), and FAS 156, paragraph 5(b)
Paragraphs 57(c)(2) and 57(c)(3) amended by FAS 149, paragraphs 20 and 21, respectively
Paragraph 58(a) amended by FAS 149, paragraph 22(a)
Paragraph 58(b) amended by FAS 138, paragraph 4(x), and FAS 149, paragraph 22(b)
Paragraph 58(c)(2) amended by FAS 138, paragraph 4(x)
Paragraph 59(a) replaced by FAS 149, paragraph 23(a)
Paragraph 59(c) amended by FAS 149, paragraph 23(b)
Paragraph 59(d) amended by FAS 149, paragraph 23(c)
Paragraph 59(e) amended by FAS 140, paragraph 353(d), and FAS 145 paragraph 9(j)
Paragraph 61(a) amended by FAS 149, paragraph 24(a)
Paragraph 61(d) amended by FAS 138, paragraph 4(y), and FAS 149, paragraph 24(b)
Paragraph 61(e) amended by FAS 138, paragraph 4(y), and FAS 149, paragraph 24(c)
Paragraph 61(f) replaced by FAS 149, paragraph 24(d)
Paragraph 61(g) amended by FAS 149, paragraph 24(e)
Paragraph 68 amended by FAS 138, paragraph 4(z), and FAS 149, paragraph 25(a)
Paragraph 68(a) amended by FAS 149, paragraph 25(b)
Paragraph 68(b) amended by FAS 138, paragraph 4(z)
Paragraph 68(b) replaced by FAS 149, paragraph 25(c)
Paragraph 68(d) amended by FAS 138, paragraph 4(z), and FAS 149, paragraph 25(d)
Paragraph 68(g) amended by FAS 149, paragraph 25(e)
Paragraph 68(l) deleted by FAS 138, paragraph 4(z)
Paragraph 90 amended by FAS 138, paragraph 4(e)
Paragraph 95 amended by FAS 149, paragraph 26
Paragraph 115 amended by FAS 138, paragraph 4(bb)
Paragraphs 120A through 120D added by FAS 138, paragraph 4(cc)
Paragraph 134 amended by FAS 138, paragraph 4(dd)
Paragraph 154 amended by FAS 149, paragraph 27
Paragraph 155 replaced by FAS 138, paragraph 4(ee)
Paragraph 161 amended by FAS 138, paragraph 4(ff)
Paragraph 169 amended by FAS 138, paragraph 4(gg)
Paragraph 176 replaced by FAS 149, paragraph 28
Paragraph 197 replaced by FAS 138, paragraph 4(hh)
Paragraph 200 amended by FAS 138, paragraph 4(ii)
Paragraphs 200A through 200D added by FAS 155, paragraph 4(f)
Paragraphs 205A through 205I added by FAS 161, paragraph 3(d)
Paragraph 539 effectively amended by FAS 149, paragraphs 10(b), 10(g), 10(h), and 10(i)
Paragraph 540 amended by FAS 138, paragraph 4(jj), and FAS 149, paragraph 29; and FAS 157, paragraph E18(c)
Footnote 6c added by FAS 149, paragraph 10, and deleted by FAS 157, paragraph E18(b)
Footnotes 8 and 16 amended by FAS 149, paragraphs 13 and 22(a), respectively
Footnote 9 amended by FAS 140, paragraph 353(b), and FAS 156, paragraph 5(a)
Footnotes 9b, 10b, 18a, 18b, 20a through 20e, and 24a added by FAS 149, paragraph 15, and effectively deleted by FAS 157, paragraph E18(b)
Footnote 17 deleted by FAS 138, paragraph 4(x)
Footnote 19 amended by FAS 138, paragraph 4(aa)

 

AICPA Accounting Standards Executive Committee (AcSEC)
Related Pronouncements:
SOP 94-6
SOP 02-2

 

Issues Discussed by FASB Emerging Issues Task Force (EITF)

 

Affects:
Nullifies EITF Issues No. 84-14, 84-36, 86-34, 87-2, 87-26, 91-1, and 95-2 and Topics No. D-16, D-22, and D-64

 

Interpreted by:
Paragraph 11(a) interpreted by EITF Issues No. 99-1 and 01-6
Paragraph 12 interpreted by EITF Issue No. 06-7 and Topic No. D-109
Paragraphs 20(a), 28(a), 30(b), and 62 interpreted by EITF Topic No. D-102
Paragraph 60 interpreted by EITF Topic No. D-109
Paragraph 61(l) interpreted by EITF Issue No. 05-2

 

Related Issues:
EITF Issues No. 86-25, 97-8, 97-15, 99-2, 99-7, 99-8, 99-9, 00-4, 00-6, 00-8, 00-9, 00-18, 00-19, 01-12, 02-2, 02-3, 02-8, 03-11, 03-14, 05-4, 06-6, 07-2, and 07-5 and Topics No. D-51, D-71, and D-98

 


__________________________
*Note: Amendments as a result of the issuance of FAS 141(R) are effective for business combinations with an acquisition date on or after the beginning of the first annual reporting period beginning on or after 12/15/08.
Note: Amendments as a result of the issuance of FAS 163 are effective for financial statements issued for fiscal years beginning after 12/15/08 and interim periods within those fiscal years.

 


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