U.S. GAAP Codification of Accounting Standards

ASU 2010-11 was issued in March 2010
--> Scope exception related to embedded credit derivatives

Topic 815: Derivatives and hedging
815-10: Overall
--> 815-10-50-4K was aemnded
--> 815-10-65-5 was added

815-15: Embedded derivatives
--> 815-15-15-8 was superseded
--> 815-15-15-9, 25-16, 25-18, 55-165, 55-166 were amended
--> 815-15-25-51A was added
 

Effective date of ASU 2010-11

for the first fiscal quarter
--> beginning after June 15, 2010