Status of Statement No. 52

Foreign Currency Translation

Status

Issued: December 1981

Effective Date:: For fiscal years beginning on or after December 15, 1982
Affects:: Amends ARB 43, Chapter 12, paragraph 5; Deletes ARB 43, Chapter 12, paragraphs 7 and 10 through 22; Deletes APB 6, paragraph 18; Amends APB 22, paragraph 13; Supersedes FAS 1; Supersedes FAS 8; Supersedes FAS 20; Supersedes FIN 15; Supersedes FIN 17
Affected by:: Paragraph 13 amended by FAS 130, paragraph 29; Paragraph 14A added by FAS 133, paragraph 527(a); Paragraphs 15, 16, 31(b), and 162 amended by FAS 133, paragraphs 527(b), 527(c), 527(g), and 527(h), respectively; Paragraphs 17 through 19 deleted by FAS 133, paragraph 527(d); Paragraph 21 replaced by FAS 133, paragraph 527(e); Paragraphs 22 and 23 amended by FAS 96, paragraph 204; and FAS 109, paragraph 287; Paragraph 24 amended by FAS 96; paragraph 204; FAS 109, paragraph 287; and FAS 135, paragraph 4(l); Paragraphs 26, 31, 34, and 46 amended by FAS 135, paragraph 4(l); Paragraph 30 amended by FAS 133, paragraph 527(f), and FAS 161, paragraph 4; Paragraph 45 amended by FAS 154, paragraph C10; Paragraph 48 amended by FAS 96, paragraph 205(p); FAS 109, paragraph 288(r); and FAS 142, paragraph D6; Paragraph 101 effectively amended by FAS 141, paragraphs 44 through 46, and amended by *FAS 141(R), paragraph E15
Other Interpretive Pronouncement:: FIN 37
AICPA Accounting Standards Executive Committee (AcSEC): Related Pronouncement: SOP 93-4
Issues Discussed by FASB Emerging Issues Task Force (EITF)
Affects:: No EITF Issues
Interpreted by:: Paragraph 11 interpreted by EITF Topic No. D-55; Paragraph 13 interpreted by EITF Issue No. 01-5; Paragraph 15 interpreted by EITF Issue No. 96-15; Paragraph 21 interpreted by EITF Issue No. 97-7; Paragraph 26 interpreted by EITF Topic No. D-12; Paragraph 46 interpreted by EITF Issues No. 92-4 and 92-8 and Topic No. D-56
Related Issues:: EITF Issues No. 87-12, 88-18, and 96-11 and Topics No. D-4 and D-71

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^*Note: Amendments as a result of the issuance of FAS 141(R) are effective for business combinations with an acquisition date on or after the beginning of the first annual reporting period beginning on or after 12/15/08.

Abbreviations for Accounting Pronouncements

FAS - FASB Statements
FIN - FASB Interpretations
FTB - FASB Technical Bulletins
APB - APB Opinions
AIN - AICPA Interpretations
ARB - Accounting Research Bulletins
CON - FASB Concepts
EITF - EITF Issues
Q&A - FASB Implementation Guides

Additional Details