Skip to main content

Legal Update

Big Changes to Securitization Accounting

22 June 2009
Mayer Brown Legal Update
The Financial Accounting Standards Board (FASB) has finalized the much-anticipated amendments to its Statement 140 and Interpretation 46(R). The amendments to Statement 140 are set out in Statement 166, which changes the accounting standards that determine whether a transfer of receivables in a securitization or otherwise should be treated as a sale or as a financing.


  • Carol A. Hitselberger
    T +1 704 444 3522
  • Jason H. P. Kravitt
    Senior Counsel
    T +1 212 506 2622
The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.