Summaries / Status

Status of Statement No. 33
Accounting and Financial Reporting for Nonexchange Transactions

Status

Issued: December 1998

Effective Date: For periods beginning after June 15, 2000

Affects:

  • Supersedes AICPA SOP 75-3
  • Supersedes NCGAS 2, ¶1-¶14, ¶17, ¶19, and ¶20
  • Amends NCGAI 3, ¶7
  • Supersedes NCGAI 3, ¶9
  • Amends GASBS 1, ¶8
  • Amends GASBS 6, ¶14, ¶15, and ¶23
  • Supersedes GASBS 11, ¶40-¶61 and fn11-fn20
  • Supersedes GASBS 22
  • Superseded GASBS 24, fn1

Affected by:

  • Paragraph 11 amended by GASBS 34, ¶79 and GASBS 35, ¶5
  • Footnote 11 amended by GASBS 34, ¶28
  • Paragraph 28 superseded by GASBS 36, ¶2
  • Paragraph 29 amended by GASBS 34, ¶79

Other Interpretive Literature:

  • GASBTB 2006-1 (Provides guidance on ¶7)

Primary Codification Section Reference: N50

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