Status of Statement No. 7
Summaries / Status
Status of Statement No. 7
Advance Refundings Resulting in Defeasance of Debt
Status
Issued: March 1987
Effective Date: Fiscal periods beginning after December 15, 1986
Affects:
- Amends NCGAS 1, fn20
- Amends NCGAS 1, ¶108 and ¶109
- Amends NCGAI 6, ¶5
- Amends NCGAI 9, ¶13 and ¶14, which superseded NCGAS 1, ¶107 fn20
Affected by:
- Footnote 1 superseded by GASBS 34, ¶64 and ¶66
- Paragraphs 1 and 7 amended by GASBS 34, ¶82 and ¶138
- Paragraph 3 amended by GASBS 34, ¶6
- Paragraph 8 amended by GASBS 34, ¶82 and ¶88
- Paragraph 9 superseded by GASBS 34, ¶82
- Paragraph 10 amended by GASBS 34, ¶6 and ¶82
- Paragraph 11 amended by GASBS 34, ¶82 and GASBS 53, ¶24
- Paragraph 13 amended by GASBS 14, ¶11 and ¶63 and GASBS 34, ¶113
- Paragraph 14 amended by GASBS 14, ¶62 and GASBS 34, ¶113
Primary Codification Section Reference: D20
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 |