Pronouncements

Summaries / Status

Status of Statement No. 62
Codification of Accounting and Financial Reporting Guidance Contained in Pre-November 30, 1989 FASB and AICPA Pronouncements


Status

Issued: December 2010

Effective date: For periods beginning after December 15, 2011

Affects:
  • Will supersede GASBS 10, fn7
  • Will amend GASBS 13, fn3
  • Will supersede GASBS 20
  • Will amend GASBS 23, ¶6
  • Will supersede GASBS 29, ¶4, ¶5, and ¶7
  • Will supersede GASBS 31, fn6, and will amend GASBS 31, ¶5
  • Will amend GASBS 33, fn7
  • Will supersede GASBS 34, ¶17, ¶93, and ¶94, and will amend GASBS 34, ¶55, ¶95, ¶97, ¶115, ¶147, and fns 12, 13, and 25
  • Will amend GASBS 42, fn2 and ¶17
  • Will amend GASBS 49, fns2 and 9
  • Will amend GASBS 53, fn8
  • Will amend GASBS 55, ¶6
  • Will supersede GASBS 56, fn1
  • Will amend GASBI 1, ¶7 and ¶8
  • Will supersede NCGAS 1, ¶117 and ¶127, and will amend NCGAS 1, ¶42 and fn7
  • Will amend NCGAS 4, ¶14
  • Will amend NCGAS 5, ¶11, ¶12, ¶16, ¶18, ¶22, ¶24–¶27
  • Will amend NCGAI 9, ¶12
Affected by:
  • Footnote 2 will be amended by GASBS 63
  • Paragraph 29 will be amended by GASBS 63
  • Paragraph 30 will be amended by GASBS 65, ¶31
  • Paragraph 31 will be amended by GASBS 65, ¶31
  • Paragraph 34 will be amended by GASBS 63
  • Paragraph 44 will be amended by GASBS 63
  • Footnote 23 will be amended by GASBS 63
  • Paragraph 51 will be amended by GASBS 63
  • Paragraph 52 will be amended by GASBS 63
  • Footnote 24 will be amended by GASBS 63
  • Footnote 25 will be amended by GASBS 63
  • Paragraph 55 will be amended by GASBS 63
  • Footnote 28 will be amended by GASBS 63
  • Paragraph 59 will be amended by GASBS 63
  • Footnote 30 will be amended by GASBS 63
  • Paragraph 60 will be amended by GASBS 63
  • Paragraph 61 will be amended by GASBS 63
  • Footnote 33 will be amended by GASBS 63
  • Paragraph 62 will be amended by GASBS 63
  • Paragraph 69 will be amended by GASBS 65, ¶31
  • Paragraph 74 will be amended by GASBS 65, ¶31
  • Paragraph 75 will be amended by GASBS 63
  • Paragraph 76 will be amended by GASBS 63
  • Paragraph 77 will be amended by GASBS 63
  • Footnote 35 will be amended by GASBS 63
  • Paragraph 78 will be amended by GASBS 63
  • Paragraph 79 will be amended by GASBS 63
  • Paragraph 80 will be amended by GASBS 63
  • Paragraph 81 will be amended by GASBS 63
  • Paragraph 85 will be amended by GASBS 63
  • Paragraph 87 will be amended by GASBS 63
  • Paragraph 89 will be amended by GASBS 63
  • Footnote 37 will be amended by GASBS 63
  • Paragraph 108 will be amended by GASBS 63
  • Footnote 42 will be amended by GASBS 63
  • Paragraph 110 will be amended by GASBS 63
  • Paragraph 123 will be amended by GASBS 63
  • Footnote 44 will be amended by GASBS 63
  • Footnote 48 will be amended by GASBS 63
  • Paragraph 131 will be amended by GASBS 63
  • Footnote 51 will be amended by GASBS 63
  • Paragraph 137 will be amended by GASBS 65, ¶15
  • Footnote 57 will be amended by GASBS 63
  • Footnote 58 will be amended by GASB 65, ¶15
  • Footnote 66 will be amended by GASBS 63
  • Paragraph 162 will be amended by GASBS 63
  • Paragraph 187 will be amended by GASBS 63 and GASBS 65, ¶15
  • Footnote 75 will be amended by GASBS 63
  • Footnote 76 will be amended by GASBS 63
  • Footnote 79 will be amended by GASBS 63
  • Paragraph 209 will be amended by GASBS 63
  • Footnote 81 will be amended by GASBS 63
  • Footnote 82 will be amended by GASBS 63
  • Footnote 95 will be amended by GASBS 63
  • Paragraph 221 will be amended by GASBS 65, ¶7
  • Paragraph 222 will be superseded by GASBS 66, ¶4
  • Paragraph 224 will be amended by GASBS 63
  • Paragraph 226 will be amended by GASBS 63
  • Paragraph 227 will be amended by GASBS 63, GASBS 65, ¶17, and GASBS 66, ¶4
  • Paragraph 242 will be amended by GASBS 65, ¶18
  • Footnote 112 will be amended by GASBS 65, fn6
  • Footnote 113 will be amended by GASBS 65, fn7
  • Footnote 163 will be amended by GASBS 63
  • Paragraph 339 will be amended by GASBS 63
  • Footnote 165 will be amended by GASBS 63
  • Paragraph 409 will be amended by GASBS 63
  • Footnote 200 will be amended by GASBS 63
  • Paragraph 413 will be amended by GASBS 65, ¶20
  • Paragraph 414 will be superseded by GASBS 65, ¶4
  • Paragraph 416 will be amended by GASBS 65, ¶20
  • Paragraph 417 will be amended by GASBS 65, ¶20
  • Footnote 202 will be amended by GASBS 63
  • Paragraph 419 will be amended by GASBS 65, ¶20
  • Paragraph 428 will be amended by GASBS 63
  • Paragraph 429 will be amended by GASBS 65, ¶20
  • Paragraph 430 will be amended by GASBS 63
  • Paragraph 432 will be amended by GASBS 63
  • Footnote 205 will be amended by GASBS 63
  • Paragraph 434 will be amended by GASBS 65, ¶22
  • Footnote 206 will be superseded by GASBS 65, ¶4
  • Paragraph 437 will be amended by GASB 65, ¶23
  • Paragraph 442 will be amended by GASBS 65, ¶24 and GASBS 66, ¶5
  • Paragraph 443 will be amended by GASBS 65, ¶31
  • Footnote 210 will be amended by GASBS 63
  • Paragraphs 444–447 will be superseded by GASBS 65, ¶4
  • Footnotes 211–213 will be amended by GASBS 65, ¶4
  • Paragraph 448 will be amended by GASBS 63
  • Footnote 215 will be amended by GASBS 63
  • Paragraph 460 will be superseded by GASBS 66, ¶6
  • Footnote 218 will be superseded by GASBS 66, ¶6
  • Paragraph 467 will be amended by GASBS 65, ¶26
  • Paragraph 469 will be amended by GASBS 65, ¶27
  • Paragraph 482 will be amended by GASBS 65, ¶29
  • Footnote 225 will be superseded by GASBS 65, ¶4
  • Paragraph 485 will be amended by GASBS 63
  • Footnote 227 will be amended by GASBS 63
  • Paragraph 493 will be amended by GASBS 63
  • Paragraph 498 will be amended by GASBS 63
  • Footnote 230 will be amended by GASBS 63
  • Paragraph 501 will be amended by GASBS 63
  • Footnote 232 will be amended by GASBS 63
Primary Codification Section Reference: Will be codified throughout

Abbreviations for Accounting Pronouncements

GASBS - GASB Statements
GASBCS - GASB Concepts
GASBI - GASB Interpretations
GASBTB - GASB Technical Bulletins
BFC - Basis For Conclusions 		NCGAS - NCGA Statements
NCGAI - NCGA Interpretations
SOP - AICPA Statements of Position
ASLGU - AICPA Audit Guide
GASB Q&A - GASB Implementation Guides