Status of Statement No. 54

Statement No. 54
Fund Balance Reporting and Governmental Fund Type Definitions


Status

Issued: February 2009

Effective Date:

  • For periods beginning after June 15, 2010
Affects:

  • Supersedes NCGAS 1, Summary Statement of Principles No. 3, ¶26, ¶118, ¶120, and ¶121
  • Amends NCGAS 1, ¶30, ¶91, and ¶119
  • Supersedes NCGAI 3, ¶10
  • Amends NCGAI 3, ¶11
  • Amends NCGAI 6, ¶4 and ¶5
  • Amends GASBS 14, ¶78
  • Supersedes GASBS 25, fn15
  • Supersedes GASBS 33, fn13
  • Amends GASBS 33, fn9
  • Supersedes GASBS 34, ¶84
  • Amends GASBS 34, ¶37, ¶64, ¶65, fn24, and fn38
  • Supersedes GASBS 43, fn11
  • Amends GASBS 44, ¶12
  • Supersedes GASBI 4, fn3 and fn6
  • Amends GASBI 4, ¶4 and ¶7
  • Amends GASBI 6, ¶16
Affected by:

  • Paragraph 7 amended by GASBS 63, ¶8
  • Paragraphs 30 and 33 amended by GASBS 84, ¶14
  • Paragraph 35 amended by GASBS 84, ¶17
Other Interpretive Literature:

  • GASBIG 2015-1
  • GASBIG 2016-1
  • GASBIG 2017-1
Primary Codification Section References: 1300, 1800

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

STANDARDS & GUIDANCE

×
×