Status of Statement No. 161

Disclosures about Derivative Instruments and Hedging Activities—an amendment of FASB Statement No. 133

Status

Issued: March 2008
 

Effective Date:
For financial statements issued for fiscal years and interim periods beginning after November 15, 2008

Affects:
Amends APB 28, paragraph 30
Amends FAS 52, paragraph 30
Amends FAS 107, paragraph 15A
Amends FAS 133, paragraphs 44 and 45
Adds FAS 133, paragraphs 44C through 44E and 205A through 205I

Affected by:
Paragraph 7 amended by FSP FAS 133-1/FIN 45-4, paragraph A3
Paragraph B1 amended by FAS 162, paragraph B10

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||Note: Amendments as a result of FAS 162 are effective 60 days following the SEC’s approval of the PCAOB’s amendments to AU Section 411, The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles.

 


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