VSH » Topics » The Fair Value Option for Financial Assets and Financial Liabilities

These excerpts taken from the VSH 10-K filed Feb 26, 2009.
The Fair Value Option for Financial Assets and Financial Liabilities. SFAS No. 159 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings. The adoption of this standard did not have a material effect on the Company’s financial position, results of operations, or liquidity.

In December 2007, the FASB issued SFAS No. 141-R,

The Fair Value Option for Financial Assets and
Financial Liabilities
. SFAS No. 159 permits
entities to choose to measure many financial assets and financial liabilities at
fair value. Unrealized gains and losses on items for which the fair value option
has been elected are reported in earnings. The adoption of this standard did not
have a material effect on the Company’s financial position, results of
operations, or liquidity.


In December 2007, the FASB issued SFAS
No. 141-R,

This excerpt taken from the VSH 10-Q filed Nov 4, 2008.
The Fair Value Option for Financial Assets and Financial Liabilities. SFAS No. 159 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings. The adoption of this standard did not have a material effect on the Company’s financial position, results of operations, or liquidity.

In December 2007, the FASB issued SFAS No. 141-R,

This excerpt taken from the VSH 10-Q filed Aug 5, 2008.
The Fair Value Option for Financial Assets and Financial Liabilities. SFAS No. 159 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings. The adoption of this standard did not have a material effect on the Company’s financial position, results of operations, or liquidity.

In December 2007, the FASB issued SFAS No. 141-R,

This excerpt taken from the VSH 10-Q filed May 6, 2008.
The Fair Value Option for Financial Assets and Financial Liabilities. SFAS No. 159 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings. The adoption of this standard did not have a material effect on the Company’s financial position, results of operations, or liquidity.

In December 2007, the FASB issued SFAS No. 141-R,

These excerpts taken from the VSH 10-K filed Feb 27, 2008.
The Fair Value Option for Financial Assets and Financial Liabilities. SFAS No. 159 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings. SFAS No. 159 is effective for fiscal years beginning after November 15, 2007, and Vishay will adopt SFAS No. 159 on January 1, 2008. The adoption of this standard is not expected to have a material effect on the Company’s financial position, results of operations, or liquidity.

F-16


Note 1 – Summary of Significant Accounting Policies (continued)

In December 2007, the FASB issued SFAS No. 141-R,

The Fair Value Option for Financial
Assets and Financial Liabilities
. SFAS No.
159 permits entities to choose to measure many financial assets and financial
liabilities at fair value. Unrealized gains and losses on items for which the
fair value option has been elected are reported in earnings. SFAS No. 159 is
effective for fiscal years beginning after November 15, 2007, and Vishay will
adopt SFAS No. 159 on January 1, 2008. The adoption of this standard is not
expected to have a material effect on the Company’s financial position, results
of operations, or liquidity.


F-16





Note 1 – Summary of Significant
Accounting Policies (continued)


In December 2007, the FASB issued SFAS
No. 141-R,

This excerpt taken from the VSH 10-Q filed Nov 6, 2007.
The Fair Value Option for Financial Assets and Financial Liabilities. SFAS No. 159 permits entities to choose to measure many financial assets and financial liabilities at fair value. Unrealized gains and losses on items for which the fair value option has been elected are reported in earnings. SFAS No. 159 is effective for fiscal years beginning after November 15, 2007. We have not yet determined the impact on our financial statements, if any, that will result from the adoption of SFAS No. 159.

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