Summaries / Status
Status of 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- Continues the following pronouncements in force until altered, amended, supplemented, revoked, or superseded by subsequent GASB pronouncements (except to the extent previously superseded or incorporated in other pronouncements):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- Paragraph 9 amended by GASBS 25; superseded by GASBS 27
- Certain NCGA and AICPA pronouncements continued in force (as listed in ¶12) have been amended or superseded by GASB pronouncements issued after GASBS 1.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.
Primary Codification Section References: Throughout
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 |