FAS 168

I am looking to know if they have delayed implementations of FAS 168 to periods ending after September.  I am looking to see if I need to get this done by the end of this quarter or hold off until year end.  I hope this makes sense as this stuff is not to clear to me.

Thank You

Anonymous

Response:

The short answer to the original question is NO.  There is no delay in the effective date of the codification. However, doing a quick search of the FEI website using the keyword codification gave me several resources in this area. Links are listed at:

../../eweb/dynamicpage.aspx?_site=fei&webcode=ggl_search&q=codification

Scanning those links quickly, here is one on our site that summarizes the codification and what it means for companies: ../../eweb/dynamicpage.aspx?site=_fei&webcode=fnr_detail&key=e3de715e-1f20-49c0-afa4-4694c2e2cc26

To sign up for the codification, visit the FASB website: http://asc.fasb.org/

If you have any additional questions, let me know.

Regards,

Cheryl Graziano (cgraziano@financialexecutives.org)