Status of Statement No. 49

Summaries / Status

Status of Statement No. 49
Accounting and Financial Reporting for Pollution Remediation Obligations


Status


Issued: November 2006

Effective Date:

    For periods beginning after December 15, 2007
Affects:

  • Amends NCGAS 1, ¶42 and ¶43
  • Amends NCGAS 4, ¶14
  • Amends NCGAI 6, ¶5
  • Amends GASBS 10, ¶1
  • Amends GASBI 6, ¶9, ¶11, and ¶14, and fn7

Affected by:

  • Footnote 2 amended by GASBS 62, ¶476-¶500
  • Footnote 7 amended by GASBS 62, ¶96-¶113
  • Paragraph 23 amended by GASBS 63, ¶8
     

Other Interpretive Literature:

    GASB Comprehensive Implementation Guide

Primary Codification Section Reference: P40


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