Accounting for Servicing of Financial Assets—an amendment of FASB Statement No. 140

Status

Issued:
March 2006

Affected by:
Paragraphs 2, 3(b), 3(d), and 3(g) amended by FAS 166, paragraphs B5(a), B5(b), B5(c), and B5(e), respectively
Paragraph 3(c) deleted by FAS 157, paragraph E27
Paragraph 3(e) and 3(m) deleted by FAS 166, paragraphs B5(d) and B5(f), respectively
Paragraph B1 amended by FAS 162, paragraph B7

Issues Discussed by FASB Emerging Issues Task Force (EITF)

Affects:
Nullifies EITF Issue No. 88-11

Interpreted by:
No EITF Issues

Related Issues:
EITF Issues No. 85-13, 87-34, 88-22, 89-2, 90-18, 90-21, 92-2, 02-9, and 02-12 and Topic No. D-69


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^||Note: Amendments as a result of FAS 162 are effective 60 days following the SEC’s approval of the PCAOB’s amendments to AU Section 411, The Meaning of Present Fairly in Conformity With Generally Accepted Accounting Principles.


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