Summaries / Status
STATUS OF CONCEPTS STATEMENT NO. 1
OBJECTIVES OF FINANCIAL REPORTING
Status
Issued: May 1987
Effective Date: None stated
Affects:
- Supersedes NCGACS 1
- Amends GASBS 1, ¶8
- Figure 1 and paragraphs 6, 8, and 9 amended by GASBCS 3, ¶39
Primary Codification Section Reference: Appendix B
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 |