Pronouncements
Summaries / Status
Status of Interpretation No. 1
Demand Bonds Issued by State and Local Governmental Entities—an interpretation of NCGA Statement 1 and NCGA Interpretation 9
Status
Issued: December 1984
Effective Date:
- Paragraph 11—on issuance in December 1984
- All other provisions—financial statements for fiscal years ended after June 15, 1985
- Amends NCGAS 1, ¶43, ¶107, and ¶109
- Amends NCGAI 6, ¶5
- Paragraph 6 amended by GASBS 34, ¶82
- Paragraphs 7 and 8 will be amended by GASBS 62
- Paragraph 10 amended by GASBS 34, ¶12, ¶82, ¶91, and ¶97
- Paragraph 13 amended by GASBS 34, ¶82
- Footnote 2 amended by GASBS 34, ¶82 and ¶97
Other Interpretive Literature: GASB Comprehensive Implementation Guide
Primary Codification Section Reference: D30
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 |