Status of Concepts Statement No. 1
Summaries / Status
Status of Concepts Statement No. 1
Objectives of Financial Reporting
Status
Issued: May 1987
Effective Date: None stated
Affects:
- Supersedes NCGACS 1
- Amends GASBS 1, ¶8
- Figure 1 and paragraphs 6, 8, and 9 amended by GASBCS 3, ¶39
Primary Codification Section Reference: Appendix B
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 |