Statement No. 1
Authoritative Status of NCGA Pronouncements and AICPA Industry Audit Guide
Status
Issued: July 1984
Effective Date:
- On issuance in July 1984
Continues the following pronouncements in force until altered, amended, supplemented, revoked, or superseded by subsequent GASB pronouncements (except to the extent previously superseded or incorporated in other pronouncements):
- NCGAS 1, 2, 3, 4, 5, 6, and 7
- NCGAI 2, 3, 5, 6, 7, 8 (but supersedes ¶16 and fn7), 9, 10, and 11
- NCGACS 1
- AICPA SOPs 75-3, 77-2, 78-7, and 80-2
- AICPA ASLGU
- Paragraph 8 amended by GASBS 10, GASBS 14, GASBS 25, GASBS 27, GASBS 33, GASBS 34, GASBS 47, and GASBCS 1
- Paragraph 9 amended by GASBS 25; superseded by GASBS 27
- Certain NCGA and AICPA pronouncements continued in force (as listed in ¶12) have been amended or superseded by GASB pronouncements issued after GASBS 1. See individual pronouncements.
- Appendix B modified by Jurisdiction Determination of the Financial Accounting Foundation Trustees, dated November 30, 1989.
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 |