Statement of Financial Accounting Standards No. 157 - Paper Audit ...

More documents

Recommendations

Info

Pronouncement Interpretation 45* Interpretation 46 (revised December 2003) Interpretation 47 Technical Bulletin 84-1 Technical Bulletin 85-1 Technical Bulletin 85-5 Technical Bulletin 85-6 Technical Bulletin 86-2 Technical Bulletin 88-1 FSP FAS 115-1 and 124-1 FSP FAS 143-1 FSP FAS 144-1 Title Guarantor’s Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of Others Consolidation of Variable Interest Entities Accounting for Conditional Asset Retirement Obligations Accounting for Stock Issued to Acquire the Results of a Research and Development Arrangement Accounting for the Receipt of Federal Home Loan Mortgage Corporation Participating Preferred Stock Issues Relating to Accounting for Business Combinations Accounting for a Purchase of Treasury Shares at a Price Significantly in Excess of the Current Market Price of the Shares and the Income Statement Classification of Costs Incurred in Defending against a Takeover Attempt Accounting for an Interest in the Residual Value of a Leased Asset Issues Relating to Accounting for Leases The Meaning of Other-Than-Temporary Impairment and Its Application to Certain Investments Accounting for Electronic Equipment Waste Obligations Determination of Cost Basis for Foreclosed Assets under FASB Statement No. 15 and the Measurement of Cumulative Losses Previously Recognized under Paragraph 37 of FASB Statement No. 144 90
Pronouncement FSP FAS 150-1 FSP FAS 150-2 FSP FAS 150-3 FSP FAS 150-4 FSP FIN 45-2 FSP FIN 46(R)-2 FSP FIN 46(R)-3 FSP FIN 46(R)-5 FSP FIN 46(R)-6 FSP FTB 85-4-1 Title Issuer’s Accounting for Freestanding Financial Instruments Composed of More Than One Option or Forward Contract Embodying Obligations under FASB Statement No. 150 Accounting for Mandatorily Redeemable Shares Requiring Redemption by Payment of an Amount that Differs from the Book Value of Those Shares under FASB Statement No. 150 Effective Date, Disclosures, and Transition for Mandatorily Redeemable Financial Instruments of Certain Nonpublic Entities and Certain Mandatorily Redeemable Noncontrolling Interests under FASB Statement No. 150 Issuers’ Accounting for Employee Stock Ownership Plans under FASB Statement No. 150 Whether FASB Interpretation No. 45 Provides Support for Subsequently Accounting for a Guarantor’s Liability at Fair Value Calculation of Expected Losses under FASB Interpretation No. 46(R) Evaluating Whether as a Group the Holders of the Equity Investment at Risk Lack the Direct or Indirect Ability to Make Decisions about an Entity’s Activities through Voting Rights or Similar Rights under FASB Interpretation No. 46(R) Implicit Variable Interests under FASB Interpretation No. 46(R) Determining the Variability to Be Considered in Applying FASB Interpretation No. 46(R) Accounting for Life Settlement Contracts by Third-Party Investors 91
Page 1 and 2:
Financial Accounting Series NO. 284
Page 3 and 4:
Summary This Statement defines fair
Page 5 and 6:
(blockage factor). This Statement e
Page 7:
instruments as of the beginning of
Page 10 and 11:
Copyright © 2006 by Financial Acco
Page 13 and 14:
Statement of Financial Accounting S
Page 15 and 16:
disaggregated) for purposes of appl
Page 17 and 18:
Application to Assets 12. A fair va
Page 19 and 20:
of the elements in the transaction,
Page 21 and 22:
paragraph 19). The disclosure provi
Page 23 and 24:
sufficient to absorb the quantity h
Page 25 and 26:
c. For fair value measurements usin
Page 27:
38. At the date this Statement is i
Page 30 and 31:
A3. The judgments applied in differ
Page 32 and 33:
include those buyers that initially
Page 34 and 35:
participants have technology in a m
Page 36 and 37:
elevant data points in the market a
Page 38 and 39:
in the fair value hierarchy within
Page 40 and 41:
the one- and two-year options on th
Page 42 and 43:
tions in which the price in a trans
Page 44 and 45:
higher of its fair value in-use as
Page 46 and 47:
measure fair value are required in
Page 48 and 49:
Assets Measured at Fair Value on a
Page 50 and 51:
d. The price for bearing the uncert
Page 52 and 53: liability being measured, it may be
Page 54 and 55: cash flows, it likely will be highe
Page 57 and 58: Appendix C BACKGROUND INFORMATION A
Page 59 and 60: Appendix C BACKGROUND INFORMATION A
Page 61 and 62: Scope Share-Based Payment Transacti
Page 63 and 64: epresent the fair value of the inst
Page 65 and 66: C20. Accordingly, the guidance for
Page 67 and 68: clearly, the Board revised the defi
Page 69 and 70: or liability (for example, a commod
Page 71 and 72: Application to Liabilities C39. For
Page 73 and 74: whether changes in a debtor’s cre
Page 75 and 76: entity’s credit standing makes th
Page 77 and 78: Valuation Techniques C53. This Stat
Page 79 and 80: C60. In its discussions, the Board
Page 81 and 82: generally provide the most reliable
Page 83 and 84: not sufficient to absorb the quanti
Page 85 and 86: similar guidance in paragraph AG72,
Page 87 and 88: that indicates that market particip
Page 89 and 90: asset or liability. The Board concl
Page 91 and 92: alone, would not be cost beneficial
Page 93 and 94: in the statement of financial posit
Page 95 and 96: adjustment to the opening balance o
Page 97: International Financial Reporting S
Page 100 and 101: Pronouncement Statement 65* Stateme
Page 104 and 105: Pronouncement FSP AAG INV-1 and SOP
Page 106 and 107: the proceeds received or the presen
Page 108 and 109: services received in exchange, and
Page 110 and 111: E6. FASB Statement No. 19, Financia
Page 112 and 113: . Paragraph 8: Broadcasters may bar
Page 114 and 115: cost or marketfair value for each t
Page 116 and 117: and cost required for the buyer to
Page 118 and 119: significant, tThe fair value of an
Page 120 and 121: Statement describe possible additio
Page 122 and 123: the fair value of the services rece
Page 124 and 125: . Paragraph 112 (glossary), as amen
Page 126 and 127: ase the estimate of future cash flo
Page 128 and 129: ased on valuation techniques) used
Page 130 and 131: value of an asset (or liability) in
Page 132 and 133: securities. An acquiring entity oft
Page 134 and 135: as the basis for the measurement, i
Page 136 and 137: of those cash flows that are embodi
Page 138 and 139: current rate. Any downward revision
Page 140 and 141: current credit-adjusted risk-free r
Page 142 and 143: Date Incurred 12/31/03 12/31/04 12/
Page 144 and 145: market prices in active markets are
Page 146 and 147: Course of Action Cash Flows Estimat
Page 148 and 149: i. Paragraph A13: The following tab
Page 150 and 151: accordance with paragraph 7, the en
Page 152 and 153:
expected present value technique of
Page 154 and 155:
E29. Statement 133 Implementation I
Page 156 and 157:
upon the assignment because the pro
show all

Statement of Financial Accounting Standards No. 157 - Paper Audit ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?