Status of Statement No. 147
Status of Statement No. 147
Acquisitions of Certain Financial Institutions—an amendment of FASB Statements No. 72 and 144 and FASB Interpretation No. 9
Status
Issued: October 2002
- Effective Date:
- For acqusitions on or after October 1, 2002
- Affects:
- Amends FAS 72, paragraphs 2, 4, and 5
- Deletes FAS 72, paragraphs 3 and 7 through 11
- Amends FAS 141, paragraph 61(b)
- Deletes FAS 141, paragraph E20
- Amends FAS 142, paragraph 49(b)
- Effectively deletes FAS 142, paragraph D9(a)
- Deletes FAS 142, paragraph D11
- Amends FAS 144, paragraphs 5 and D1
- Replaces FIN 9, footnote 1
- Deletes FAS 72, paragraphs 3 and 7 through 11
- Affected by:
- Superseded by FAS 141(R), paragraph E3(b)*
- Issues Discussed by FASB Emerging Issues Task Force (EITF)
- Affects:
- Affects:
- Partially nullifies EITF Issue No. 88-19
- Interpreted by:
- Paragraph 9 interpreted by EITF Topic No. D-100
- Related Issues:
- EITF Issues No. 85-8, 85-41, 85-42, and 89-19 and Topic No. D-78
*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.
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