June 5, 2008
FASB board meeting and education session on FAS 140 and FIN 46(R)
On June 4, 2008, the Financial Accounting Standards Board ("FASB" or "the Board") held a Board meeting and an education session on FASB Statement No. 140, Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities ("FAS 140"), and FASB Interpretation No. 46 (revised December 2003), Consolidation of Variable Interest Entities ("FIN 46(R)), in connection with its projects to amend both standards.
