Status of Statement No. 93

Summaries / Status

Status of Statement No. 93
Replacement of Interbank Offered Rates


Status

Issued: March 2020

Effective date:
  • The requirements of this Statement, except for paragraphs 11b, 13, and 14 are effective for reporting periods beginning after June 15, 2020. The requirement in paragraph 11b is effective for reporting periods ending after December 31, 2021. The requirements in paragraphs 13 and 14 are effective for fiscal years beginning after June 15, 2021, and all reporting periods thereafter.
Affects:
  • Will amend GASBS 40, ¶16
  • Will amend GASBS 53, ¶22, ¶35, ¶37, ¶38, ¶46, ¶64, ¶76, and ¶82
  • Will amend GASBS 62, ¶135
  • Will amend GASBIG 2015-1, Q1.4.3, Q1.64.9–1.64.11, Q1.64.14, Q10.13.6, Q10.13.7, Q10.15.6, Q10.15.9, Q10.16.2, Q10.16.3, Q10.17.1, Q10.18.1, Q10.21.1–Q10.21.4, Q10.22.2, Q10.22.4, Q10.27.4, and Q10.29.2

Affected by: Paragraph 15 amended by GASBS 95, ¶4

Primary Codification Section Reference: Will be codified in D40
 

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