Status of Interpretation No. 2

Summaries / Status

Status of Interpretation No. 2
Disclosure of Conduit Debt Obligations—an interpretation of NCGA Statement 1


Status

Issued: August 1995

Effective Date:
Financial statements for periods beginning after December 15, 1995

Affects: Amends NCGAS 1, ¶158

Affected by:

  • Paragraph 3 amended by GASBS 34, ¶13, ¶91, and ¶106
  • Paragraph 4 amended by GASBS 34, ¶6

Other Interpretive Literature: GASB Comprehensive Implementation Guide

Primary Codification Section Reference: C65



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