The At a Glance about SAS No. 141, Amendment to the Effective Dates of SAS Nos. 134–140, provides a high-level summary of the changes resulting from the issuance of this standard, including the following:
The delay in the effective dates of SAS Nos. 134 – 140 from December 15, 2020 to December 15, 2021, in order to provide more time for firms to implement these SASs in light of the effect of the coronavirus pandemic.
Allowing for early implementation