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- Superseded by FAS 125, paragraph 232, and FAS 140, paragraph 351(c)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