Status of FASB Staff Position FAS 157-3

Determining the Fair Value of a Financial Asset When the Market for That Asset Is Not Active


Date Posted:
October 10, 2008

Effective Date:
October 10, 2008, including prior periods for which financial statements have not been issued

Adds FAS 157, paragraphs A32A through A32F

Affected by:
Superseded by FSP FAS 157-4, paragraph A2


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