Status of Statement No. 3

Summaries / Status

Status of Statement No. 3
Deposits with Financial Institutions, Investments (including Repurchase Agreements), and Reverse Repurchase Agreements


Status

Issued: April 1986

Effective Date: Financial statements for periods ending after December 15, 1986

Affects: Amends NCGAI 6, ¶4 and ¶5

Affected by:

  • Paragraphs 6, 8, 10, 11, 18, 19, 21, 36, 44, 49–51, 53, 59, 60, 62, and 79 and fn11 amended by GASBS 31, ¶6
  • Paragraph 15 amended by GASBS 31, ¶6 and ¶9 and GASBS 72, ¶86
  • Paragraph 31 amended by GASBS 31, ¶22
  • Footnote 8 amended by GASBS 31, ¶6 and ¶9
  • Paragraph 61 amended by GASBS 31, ¶6 and ¶9
  • Paragraph 63 amended by GASBS 34, ¶13, ¶91, and ¶106
  • Paragraph 64 amended by GASBS 14, ¶11 and ¶63; GASBS 31, ¶18; GASBS 34, ¶6, ¶70, ¶71, and ¶113; superseded by GASBS 40, ¶5
  • Paragraph 65 amended by GASBS 14, ¶11 and ¶63 and GASBS 34, ¶6
  • Paragraph 67 amended by GASBS 31, ¶6 and ¶9; superseded by GASBS 40, ¶8
  • Paragraph 68 amended by GASBS 31, ¶6 and ¶9
  • Paragraph 69 superseded by GASBS 40, ¶9
  • Paragraph 70 amended by GASBS 14, ¶11 and ¶63, GASBS 31, ¶18; and GASBS 34, ¶70 and ¶71; superseded by GASBS 40 ¶3
  • Paragraph 71 amended by GASBS 31, ¶6 and ¶9 and GASBS 14, ¶11 and ¶63; superseded by GASBS 40, ¶3
  • Paragraph 72 amended by GASBS 31, ¶6 and ¶9
  • Paragraphs 73 and 74 superseded by GASBS 40, ¶3
  • Paragraph 78 amended by GASBS 31, ¶6 and GASBI 3, ¶6
  • Paragraph 80 amended by GASBI 3, ¶5 and ¶6 and fn2
  • Paragraph 81 amended by GASBI 3, fn3 and GASBS 63 ¶8
  • Paragraph 82 amended by GASBI 3, ¶3 and ¶4
  • Paragraph 116 amended by GASBS 31, ¶6 and ¶9; GASBS 40, ¶19; and GASBS 72, ¶86

Other Interpretive Literature:

  • GASBTB 87-1 (Provides guidance on ¶68)
  • GASB Implementation Guide 2015-1
  • GASB Implementation Guide 2016-1

Primary Codification Section References: C20, I50, I55
 

 


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

STANDARDS & GUIDANCE