Statement No. 24
Accounting and Financial Reporting for Certain Grants and Other Financial Assistance
Status
Issued: June 1994
Effective Date:
- For periods beginning after June 15, 1995
- Amends NCGAS 2, ¶8
- Amends NCGAS 6, ¶46
- Amends NCGAI 6, ¶5
- Amends GASBS 5, ¶35, ¶39, ¶41, and ¶47
- Footnote 1 superseded by GASBS 33
- Paragraph 2 amended by GASBS 99
- Paragraph 3 amended by GASBS 68, ¶5; GASBS 73, ¶4, ¶5, and ¶7; GASBS 75, ¶6; GASBS 85, ¶12; and GASBS 99, ¶27
- Paragraph 4 amended by GASBS 35, ¶5
- Paragraph 5 amended by GASBS 34, ¶6 and GASBS 84, ¶18
- Paragraph 6 amended by GASBS 65, ¶31; superseded by GASBS 99, ¶27
- Footnotes 3–5 superseded by GASBS 99, ¶27
- Paragraph 8 amended by GASBS 68, ¶33, ¶53, and ¶123; GASBS 73, ¶33, ¶52, ¶59, ¶70, ¶76, ¶102, and ¶122; GASBS 75, ¶43, ¶63, ¶69, ¶101, ¶107, ¶110, ¶114, ¶157, ¶176, ¶183, ¶195, ¶201, and ¶230; and GASBS 85, ¶9–¶11
- Paragraph 9 amended by GASBS 85, ¶12
- Paragraph 11 and fn8 amended by GASBS 35, ¶5
- Paragraph 12 amended by GASBS 85, ¶12
- Paragraph 13 amended by GASBS 34, ¶16
- Paragraph 14 superseded by GASBS 34, ¶61
- Paragraph 16 amended by GASB 99
- GASBTB 2006-1 (Provides guidance on ¶7, ¶8b, and ¶12)
- GASBIG 2015-1
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 |