Status of Statement No. 119

Disclosure about Derivative Financial Instruments and Fair Value of Financial Instruments

Status

Issued: October 1994

Effective Date: For fiscal years ending after December 15, 1994

 

Affects:
Amends FAS 105, paragraphs 17 and 18 and footnote 12
Amends FAS 105, by adding paragraph after paragraph 17
Amends FAS 107, paragraph 10
Amends FAS 107, by adding paragraph after paragraph 13

 

Affected by:
Superseded by FAS 133, paragraph 525(c)

 

Other Interpretive Release:
FASB Special Report, Illustrations of Financial Instrument Disclosures (Nullified by FAS 133)

 

Issues Discussed by FASB Emerging Issues Task Force (EITF)

 

Affects:
Partially nullifies EITF Issue No. 91-4

 


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