Status of Statement No. 154

Accounting Changes and Error Corrections—a replacement of APB Opinion No. 20 and FASB Statement No. 3

Status

Issued: May 2005

Effective Date:

For accounting changes and corrections of errors made in fiscal years beginning after December 15, 2005

Affects:

Amends ARB 43, Chapter 2A, paragraph 3

Supersedes APB 20

Amends APB 22, paragraph 14

Amends APB 25, paragraph 15

Amends APB 28, paragraphs 24, 26, 29, 30(a), and 30(i)

Deletes APB 28, paragraphs 25 and 27 through 27D and footnote 5

Amends APB 30, paragraph 25 and footnote 4

Supersedes FAS 3

Amends FAS 16, footnote 3

Deletes FAS 16, footnote 6

Amends FAS 19, paragraphs 30 and 35

Amends FAS 25, paragraph 4

Deletes FAS 25, footnote 1

Amends FAS 52, paragraph 45

Amends FAS 67, paragraph 12

Amends FAS 71, paragraph 31

Supersedes FAS 73

Amends FAS 123(R), paragraphs 38 and A23

Amends FAS 128, paragraphs 15, 37, 148, and 149

Amends FAS 130, paragraph 131

Amends FAS 131, paragraphs 31 through 33

Amends FAS 141, paragraphs 55 and 58

Amends FAS 143, paragraph 15

Amends FAS 144, paragraphs 9, 28, and 43 and footnotes 7 and 24

Amends FIN1, paragraphs 1 and 5

Amends FIN 7, paragraph 5

Amends FIN 18, paragraphs 64 and 71 and footnote 1

Deletes FIN 18, paragraph 21

Supersedes FIN 20

Effectively amends FSP FAS 106-2, paragraph 29

Affected by:

No other pronouncements