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Status of Statement No. 157
Fair Value Measurements
Status
Issued: September 2006
- Effective Date:
- For financial statements issued for fiscal years beginning after November 15, 2007, and interim periods within those fiscal years
- Affects:
- Amends APB 21, paragraphs 13 and 18
- Deletes APB 21, footnote 1
- Amends APB 28, paragraph 30
- Amends APB 29, paragraphs 18 and 20(a)
- Deletes APB 29, paragraph 25 and footnote 5
- Amends FAS 13, paragraph 5(c)
- Amends FAS 15, paragraphs 13 and 28
- Deletes FAS 15, footnotes 2, 5a, and 6
- Amends FAS 19, paragraph 47(l)(i)
- Amends FAS 35, paragraph 11 and footnote 5
- Deletes FAS 35, footnote 4a
- Amends FAS 60, paragraph 19
- Deletes FAS 60, footnote 4a
- Amends FAS 63, paragraphs 4, 8, and 38 through 40
- Amends FAS 65, paragraphs 4, 6, 9, 10, 12, and 29
- Amends FAS 67, paragraphs 8 and 28
- Deletes FAS 67, footnote 6
- Amends FAS 87, paragraphs 49 and 264 and footnote 12
- Deletes FAS 87, footnote 11a
- Amends FAS 106, paragraphs 65 and 518 and footnote 21
- Deletes FAS 106, footnote 20a
- Deletes FAS 107, paragraphs 5, 6, 11, and 18 through 29
- Amends FAS 107, paragraphs 9, 10, 30, and 31
- Amends FAS 115, paragraphs 3(a) and 137
- Replaces FAS 115, footnote 2
- Amends FAS 116, paragraphs 19, 20, 184, 186, and 208
- Deletes FAS 116, footnote 8
- Amends FAS 124, paragraphs 3(a) and 112
- Replaces FAS 124, footnote 3
- Deletes FAS 133, paragraph 16A and footnote 6c
- Amends FAS 133, paragraphs 17 and 540
- Effectively deletes FAS 133, footnotes 9b, 10b, 18a, 18b, 20a through 20e, and 24a
- Amends FAS 136, Summary and paragraphs 15 and 36
- Amends FAS 140, paragraphs 11(c), 17(h), 17(i), 63(b), and 364
- Deletes FAS 140, paragraphs 68 through 70 and footnotes 20 and 21
- Amends FAS 141, paragraph F1
- Amends FAS 142, paragraphs 3, 19, 23, and F1
- Deletes FAS 142, paragraphs 24, E1, and E2 and footnotes 12 and 16
- Deletes FAS 143, paragraphs 6, 7, 9, A19, and F1 through F4 and footnotes 5 through 8, 17, and 19
- Amends FAS 143, paragraphs 8, A20, A21, A26, C1, C3(d), C4, C6 through C9, C11, and C12 and footnotes 12 and 18
- Deletes FAS 144, paragraphs 22, 24, A12, and E1 through E3 and footnotes 12 through 14, 28, and 29
- Amends FAS 144, paragraphs 23, A6 through A8, A11, A13, and A14
Deletes FAS 146, paragraphs 5, A4, and A5 and footnotes 13 through 16 - Amends FAS 146, paragraph A2
- Amends FAS 150, paragraph D1
- Deletes FAS 156, paragraph 3(c)
- Amends FIN 45, paragraphs 9(a) and 9(b)
- Affected by:
- Paragraph 2 amended by FSP FAS 157-1, paragraph 9(a), and FAS 164, paragraph E14
- Paragraphs 21, 28, 30, 32, 33, A20, A34, and A35 amended by FSP FAS 157-4 paragraphs A1(a), A1(b), A1(d), A1(e), A1(e), A1(f), A1(h), and A1(h), respectively
- Paragraphs 29A through 29H and A32G added by FSP FAS 157-4, paragraphs A1(c) and A1(g) respectively
- Paragraph 31A added by FSP FAS 132(R)-1, paragraph C1
- Paragraph 36 amended by FSP FAS 157-2, paragraph 11
- Paragraphs A32A through A32F added by FSP FAS 157-3, paragraph 11
- Paragraphs A32A through A32F replaced by FSP FAS 157-4, paragraph A1(g)
- Paragraph D1 amended by FSP FAS 157-1, paragraph 9(b)
- Footnote 2 amended by FAS 141(R), paragraph E4(a), and FAS 166, paragraph B6
- Footnotes 21a through 21d added by FSP FAS 157-3, paragraph 11
- Footnotes 21a and 21b replaced by FSP FAS 157-4, paragraph A1(g)
- Footnote 21c amended by FSP EITF 99-20-1, paragraph 17
- Footnotes 21c and 21d deleted by FSP FAS 157-4, paragraph A1(g)
- Other Interpretive Releases:
- FASB Staff Positions FAS 157-1 through FAS 157-4
Issues Discussed by FASB Emerging Issues Task Force (EITF)
- Affects:
- Modifies EITF Issue No. 02-3
Interpreted by:- No EITF Issues
Related Issue- EITF Issue No. 08-5
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
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