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PBG » Topics » SFAS No. 159

These excerpts taken from the PBG 10-K filed Feb 27, 2008.
SFAS No. 159
In February 2007, the FASB issued SFAS No. 159, “The Fair Value Option for Financial Assets and Financial Liabilities” (“SFAS 159”), which allows entities to choose to measure many financial instruments and certain other items at fair value. SFAS 159 will become effective beginning with our first quarter 2008 fiscal period. The adoption of this standard will not have a material impact on our Consolidated Financial Statements.
 
SFAS No. 159





In February 2007, the FASB issued SFAS No. 159,
“The Fair Value Option for Financial Assets and Financial
Liabilities” (“SFAS 159”), which allows
entities to choose to measure many financial instruments and
certain other items at fair value. SFAS 159 will become
effective beginning with our first quarter 2008 fiscal period.
The adoption of this standard will not have a material impact on
our Consolidated Financial Statements.


 




EXCERPTS ON THIS PAGE:

10-K (2 sections)
Feb 27, 2008

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