Status of Interpretation No. 3

Summaries / Status

Status of Interpretation No. 3
Financial Reporting for Reverse Repurchase Agreements—an interpretation of GASB Statement No. 3


Status

Issued: January 1996

Effective Date:
Financial statements for periods beginning after December 15, 1995

Affects: Amends GASBS 3, ¶78 and ¶80–¶82

Affected by:

  • Footnote 1 amended by GASBS 34, ¶13, ¶91, and ¶106 and GASBS 63, ¶8
  • Footnote 2 amended by GASBS 34, ¶13, ¶91, and ¶106 and GASBS 63, ¶8; will be amended by GASBS 67, ¶14
  • Paragraph 3 amended by GASBS 34, ¶15
  • Paragraph 4 amended by GASBS 34, ¶15 and ¶112
  • Footnote 3 amended by GASBS 34, ¶112
Primary Codification Section Reference: I55



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