Status of Interpretation No. 2

Summaries / Status

Status of Interpretation No. 2
Disclosure of Conduit Debt Obligations—an interpretation of NCGA Statement 1


Status

Issued: August 1995

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

Affects: Amends NCGAS 1, ¶158

Affected by:
  • Will be superseded by GASBS 91, 6 and 24–¶26
  • Paragraph 3 amended by GASBS 34, ¶13, ¶91, and ¶106
  • Paragraph 4 amended by GASBS 34, ¶6

Other Interpretive Literature: GASBIG 2015-1

Primary Codification Section Reference: C65
 


Abbreviations for Accounting Pronouncements

GASBS - GASB Statements
GASBCS - GASB Concepts
GASBI - GASB Interpretations
GASBTB - GASB Technical Bulletins
GASBIG - GASB Implementation Guides
NCGAS - NCGA Statements
NCGAI - NCGA Interpretations
AICPA SOP - AICPA Statements of Position

AICPA ASLGU - AICPA Audit Guide (1974)
BFC - Basis For Conclusions