Effective Dates

FASB standards

• FAS 157, Fair Value Measurements
  Effective date: For financial statements issued for fiscal years beginning after November 15, 2007, and applies to interim reporting periods.

  Except for nonfinancial assets and liabilities, e.g., asset retirement obligations, for which the effective date was a year later, November 15, 2008 (and also applies to interim reporting periods).
• FAS 143, Accounting for Asset Retirement Obligations
  Effective date: For financial years beginning after June 15, 2002.
• FAS 141R, Business Combinations (Revised)
  Effective date: For acquisition dates and beginning of first annual reporting periods on or after December 15, 2008.
• FAS 5, Accounting for Contingencies
  Effective date: For fiscal years beginning on or after July 1, 1975.

FASB interpretations

• FIN 47, Accounting for Conditional Asset Retirement Obligations
  Effective date: For fiscal years ending after December 15, 2005.
• FIN 14, Reasonable Estimation of the Amount of a Loss
  Effective date: For financial statements beginning after October 15, 1976.