Status of Statement No. 87

Summaries / Status

Status of Statement No. 87
Leases


Status


Issued: June 2017

Effective date:

For reporting periods beginning after December 15, 2019

Affects:

Will supersede NCGAS 5
Will supersede GASBS 13
Will supersede GASBS 38, ¶11
Will supersede GASBS 60, ¶7
Will supersede GASBS 62, ¶211–¶271 and fn85–fn141
Will supersede GASBS 65, ¶7 and ¶16–¶18, and fn6 and fn7
Will supersede GASBIG 2015-1, QZ.38.1
Will amend NCGAS 1, ¶42 and ¶43
Will amend GASBS 9, ¶37
Will amend GASBS 14, ¶58 and ¶76
Will amend GASBS 34, ¶81, ¶116, and ¶117
Will amend GASBS 42, ¶11 and ¶12
Will amend GASBS 44, ¶23 and ¶45
Will amend GASBS 51, ¶3
Will amend GASBS 53, ¶74
Will amend GASBS 58, ¶8
Will amend GASBS 62, ¶3, ¶5, ¶6, ¶113, ¶135, ¶254, ¶320, ¶351, ¶368–¶370, and ¶450, and fn12
Will amend GASBS 65, ¶5
Will amend GASBS 66, ¶2
Will amend NCGAI 6, ¶4 and ¶5
Will amend GASBI 6, ¶7, ¶9, ¶11, and ¶13
Will amend GASBIG 2015-1, Q2.27.5, Q2.32.1, Q5.72.1, Q7.9.6, Q7.30.2, Q9.24.1, QZ.42.9, QZ.51.21, and QZ.54.11
Will amend GASBIG 2016-1, Q5.2 and Q5.35
Will amend GASBIG 2017-2, Q4.51
 

Affected by:  No other pronouncements


Primary Codification Section Reference: Will be codified in L20


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