Category: U.S. GAAP by Topic

Fair Value Measurements SFAS N0. 157, September 2006 “Fair Value Measurements” Fair Value is the price an entity would receive when an asset is sold

Derivatives and Hedging SFAS 133, June 1988 “Accounting for Derivative Instruments and Hedging Activities” Derivatives 1. Derivative instruments are recognized in financial statements 2. Derivative

Variable Interest Entities (VIE) SFAS 167 amended FIN 46(R) in June 2009 FIN 46(R) revised FIN 46 in December 2003 FIN 46 was issued in

Noncontrolling Interests (NCI) SFAS 160 amended ARB 51 in December 2007 ARB 51 was issued in 1959 SFAS 160, December 2007 “Noncontrolling Interests in Consolidated

Consolidation SFAS 167 amended FIN 46(R) in June 2009 FIN 46(R) revised FIN 46 in December 2003 FIN 46 was issued in January 2003 as

Business Combinations SFAS No. 141R, Revised in December 2007 “Business Combinations” FSP FAS 141R-1, April 2009 “Accounting for Assets Acquired and Liabilities Assumed in a