Status of Statement No. 60

Summaries / Status

Status of Statement No. 60
Accounting and Financial Reporting for Service Concession Arrangements


Status

Issued:November 2010

Effective date: For periods beginning after December 15, 2011

Affects:
  • Amends NCGAS 5, ¶11
     
Affected by:
  • Paragraph 7 will be superseded by GASBS 87, ¶3 and ¶8
  • Paragraph 9 amended by GASBS 72, ¶79
  • Paragraph 19 amended by GASBS 63, ¶8
Other Interpretive Literature:
  • GASB Implementation Guide 2015-1
  • GASB Implementation Guide 2016-1

Primary Codification Section Reference: S30
 

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