The proposed FASB Statements
Accounting for Transfers of Financial Assets and
Amendments to FASB Interpretation No. 46(R) address amendments to FASB Statement No. 140
Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities, and to FASB Interpretation No. 46 (revised December 2003)
Consolidation of Variable Interest Entities. Proposed FASB Staff Position FAS 140-e and FIN 46 (R)-e
Disclosures about Transfers of Financial Assets and Interests in Variable Interest Entities addresses related disclosure requirements for public entities. Click for
press release (PDF 16k). The proposals are available on
FASB's Website.