Pronouncements

Summaries / Status

Status of Statement No. 14
The Financial Reporting Entity

Status

Issued: June 1991

Effective Date:

Financial statements for periods beginning after December 15, 1992

Affects:

  • Amends NCGAS 1, Summary Statement of Principles No. 12, ¶22 fn5, ¶128, ¶129, ¶131, ¶135–¶141, ¶143–¶145, ¶147, ¶149–¶151, ¶153–¶157, ¶159, ¶162–¶164, ¶166, and ¶167
  • Supersedes NCGAS 3
  • Amends NCGAS 5, ¶23–¶25
  • Amends NCGAS 6, ¶40
  • Supersedes NCGAS 7
  • Amends NCGAI 2, ¶2
  • Amends NCGAI 6, ¶2–¶5
  • Supersedes NCGAI 7
  • Amends NCGAI 9, ¶10
  • Amends NCGAI 10, ¶12, ¶17, ¶23, and ¶24
  • Amends SOP 80–2, ¶4
  • Supersedes SOP 80–2, ¶14
  • Amends GASBS1, ¶8
  • Amends GASBS 2, ¶14
  • Amends GASBS 3, ¶64, ¶65, ¶70, and ¶71
  • Amends GASBS 5, ¶30 and ¶40
  • Amends GASBS 6, ¶24
  • Amends GASBS 7, ¶13 and ¶14
  • Amends GASBS 10, fns12 and 13 and ¶78 and ¶79
  • Amends GASBS 12, ¶12
Affected by:

  • Paragraph 9 amended by GASBS 34, ¶6
  • Paragraph 11 amended by GASBS 34, ¶6, ¶13, ¶14, ¶75, ¶80, ¶82, and ¶125, and will be amended by GASBS 63
  • Paragraph 12 amended by GASBS 34, ¶6, and will be amended by GASBS 61
  • Paragraph 19 amended by GASBS 35, ¶5
  • Paragraph 20 will be amended by GASBS 61
  • Paragraph 21 will be amended by GASBS 61
  • Paragraph 27 will be amended by GASBS 61
  • Paragraph 29 will be amended by GASBS 63
  • Paragraph 34 will be amended by GASBS 61
  • Paragraph 35 will be amended by GASBS 61
  • Paragraph 36 will be amended by GASBS 61
  • Paragraph 37 will be amended by GASBS 61
  • Paragraph 38 will be amended by GASBS 61
  • Paragraph 39 will be amended by GASBS 61
  • Paragraph 41 amended by GASBS 39, ¶6, and will be amended by GASBS 61
  • Paragraph 42 amended by GASBS 39, ¶7
  • Paragraph 44 amended by GASBS 34, ¶14, ¶106, ¶107, ¶125, and ¶126 and GASBS 35, ¶5
  • Footnote 6 superseded by GASBS 35, ¶5
  • Paragraph 45 superseded by GASBS 34, ¶13 and ¶14
  • Paragraphs 46 and 47 superseded by GASBS 34, ¶13, ¶14, and ¶16
  • Paragraph 48 superseded by GASBS 35, ¶5
  • Paragraph 49 superseded by GASBS 34, ¶14
  • Paragraph 50 amended by GASBS 34, ¶16, ¶126, and fn51 and GASBS 37, ¶18
  • Paragraph 51 amended by GASBS 34, ¶126, ¶127, fn49, and fn50, and will be amended by GASBS 61 and GASBS 63
  • Paragraph 52 amended by GASBS 34, ¶6 and ¶125
  • Paragraph 53 will be amended by GASBS 61
  • Footnote 7 will be amended by GASBS 61
  • Paragraph 54 amended by GASBS 34, ¶6, ¶75, ¶80, and ¶82, and will be amended by GASBS 61
  • Paragraph 55 amended by GASBS 31, ¶5, and will be amended by GASBS 61
  • Paragraph 56 superseded by GASBS 34, ¶130
  • Paragraph 57 superseded by GASBS 34, ¶61
  • Paragraph 58 amended by GASBS 34, ¶80 and ¶82, and will be amended by GASBS 63
  • Paragraph 60 amended by GASBS 34, ¶61
  • Paragraph 61 will be amended by GASBS 61
  • Paragraph 63 amended by GASBS 34, ¶6 and ¶113, and will be amended by GASBS 61
  • Paragraph 65 amended by GASBS 34, ¶6
  • Paragraph 66 will be amended by GASBS 61
  • Paragraph 73 amended by GASBS 34, ¶91 and ¶103, and will be amended by GASBS 61 and GASBS 63
  • Paragraph 74 amended by GASBS 34, ¶6 and ¶78–¶80, and will be amended by GASBS 61 and GASBS 63
  • Paragraph 78 amended by GASBS 34, ¶32 and ¶98; GASBS 54, ¶8; and will be amended by GASBS 61 and GASBS 63
  • Paragraph 79 amended by GASBI 4, ¶3–¶13
  • Paragraph 81 amended by GASBS 43, ¶11
  • Paragraph 131 amended by GASBS 34, ¶6, ¶14, and ¶126, and will be amended by GASBS 63
Other Interpretive Literature:

  • GASBTB 2004-1 (Provides guidance on ¶16, ¶21–¶37, and ¶53)
  • GASBQ&A 14
  • GASB Comprehensive Implementation Guide
Primary Codification Section References: 2100, 2300, 2600, J50


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