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