Summaries / Status

Status of Statement No. 76
The Hierarchy of Generally Accepted Accounting Principles for State and Local Governments

Status

Issued: June 2015

Effective date:

• For reporting periods beginning after June 15, 2015

Affects:

• Supersedes GASBS 55
• Amends GASBS 62, ¶64, ¶74, and ¶82
• Amends GASBS 69, fn1

Affected by:  No other pronouncements

Primary Codification Section Reference: 1000
 

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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