Status of Statement No. 146

Accounting for Costs Associated with Exit or Disposal Activities


June 2002

Effective Date:
For exit or disposal activities initiated after December 31, 2002

No other pronouncements

Affected by:
Paragraph 2 amended by FAS 141(R), paragraph E29, and FAS 164, paragraph E13
Paragraphs 5, A4, and A5 and footnotes 13 through 16 deleted by FAS 157, paragraph E25
Paragraph A2 amended by FAS 157, paragraph E25(b)
Footnote 2 deleted by FAS 141(R), paragraph E29

Other Interpretive Release:
FASB Staff Position FAS 146-1

Issues Discussed by FASB Emerging Issues Task Force (EITF)

Nullifies EITF Issues No. 88-10, 94-3, and 95-14

Interpreted by:
No EITF Issues

Related Issues:
EITF Issues No. 86-22, 87-4, 95-3, 95-17, 96-5, 96-9, 97-13, 99-14, 00-26, and 01-10

*Note: Amendments as a result of the issuance of FAS 141(R) are effective for business combinations with an acquisition date on or after the beginning of the first annual reporting period beginning on or after 12/15/08.

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