Status of Statement No. 160

Noncontrolling Interests in Consolidated Financial Statements—an amendment of ARB No. 51

Status

Issued: December 2007

Effective Date:

For fiscal years, and interim periods within those fiscal years, beginning on or after December 15, 2008; earlier adoption is prohibited

Affects:

Amends ARB 51, paragraphs 1 through 6, 9, 11, 13, 17, 18, and 22 through 24

Deletes ARB 51, paragraphs 10, 14, and 15 and footnote 1a

Adds ARB 51, paragraphs 25 through 39, A1 through A7, and B1

Amends APB 18, paragraphs 4, 19(e), and 19(m) and footnote 3

Deletes APB 29, footnote 7

Amends AIN-APB 18, Interpretation No. 1

Amends FAS 19, paragraphs 59I(a) and 59Z

Amends FAS 60, paragraph 42

Amends FAS 69, paragraphs 14(a), 31, and 40 and footnote † in Illustration 4

Amends FAS 89, paragraphs 96 and 107

Amends FAS 94, paragraph 4

Amends FAS 107, paragraph 8

Amends FAS 109, paragraph 33

Amends FAS 128, paragraphs 9, 15, and 156

Deletes FAS 128, footnote 26

Amends FAS 130, paragraphs 14, 22, and 129

Amends FAS 133, paragraphs 21(c) and 29(f)

Amends FAS 142, paragraph 6

Replaces FAS 142, footnote 5

Deletes FAS 142, paragraph 38

Adds FAS 142, paragraph 39A

Amends FIN 37, paragraph 2

Amends FIN 46(R), paragraph 22

Amends FSP FAS 150-3, paragraph 8

Affected by:

No other pronouncements

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