Summaries / Status
Status of Statement No. 42
Accounting and Financial Reporting for Impairment of Capital Assets and for Insurance Recoveries
Status
Issued: November 2003
Effective Date:
For periods beginning after December 15, 2004
Affects:
- Amends GASBS 34, ¶19 and ¶21
Affected by:
- Paragraphs 9, 16, and 18 will be amended by GASBS 51
Primary Codification Section Reference: 1400
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 |