Pronouncements

Summaries / Status

Status of Statement No. 61
The Financial Reporting Entity: Omnibus—an amendment of GASB Statements No. 14 and No. 34


Status

Issued: November 2010

Effective date: For periods beginning after June 15, 2012

Affects:
  • Will amend GASBS 14, ¶12, ¶20, ¶21, ¶27, ¶34–39, ¶41, ¶51, ¶53–55, ¶61, ¶63, ¶66, ¶73, ¶74, and ¶78 and fn7
  • Will amend GASBS 34, ¶35
Affected by:
  • Paragraph 7 will be amended by GASBS 63
  • Paragraph 9 will be amended by GASBS 63
  • Paragraph 12 will be amended by GASBS 63
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Primary Codification Section References: 2100, 2600

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