This excerpt taken from the CMCSA 10-Q filed Apr 28, 2006.
SFAS No. 156
In March 2006, the FASB issued SFAS No. 156, Accounting for Servicing of Financial Assetsan Amendment of FASB Statement No. 140 (SFAS No. 156). SFAS No. 156 provides guidance on the accounting for servicing assets and liabilities when an entity undertakes an obligation to service a financial asset by entering into a servicing contract. This statement is effective for all transactions in fiscal years beginning after September 15, 2006. We do not expect that the adoption of SFAS No. 156 will have a material impact on our consolidated financial condition or results of operations.
COMCAST CORPORATION AND SUBSIDIARIES
QUARTER ENDED MARCH 31, 2006
NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS (Continued)