FASB: Status of Statement 96

Status of Statement No. 96

Accounting for Income Taxes

Status

Issued: December 1987

Effective Date:
For fiscal years beginning after December 15, 1988

Affects:
Amends ARB 43, Chapter 9C, paragraph 5
Replaces ARB 43, Chapter 9C, paragraphs 11 through 13
Deletes ARB 43, Chapter 11B, paragraph 8 and Chapter 15, paragraph 11
Deletes ARB 44 (Revised), related letter dated April 15, 1959
Supersedes ARB 44 (Revised)
Replaces ARB 51, paragraph 17
Supersedes APB 1
Supersedes APB 11
Amends APB 16, paragraphs 87 and 88
Deletes APB 16, paragraph 89
Amends APB 17, paragraph 30
Amends APB 21, footnote 8*
Amends APB 23, paragraphs 9, 10,* 13,* and 21 and footnotes 7* and 9
Replaces APB 23, paragraphs 11, 14, and 24
Deletes APB 23, footnotes 4, 6, and 10
Supersedes APB 24
Amends APB 25, paragraph 17*
Amends APB 28, paragraphs 19* and 20 and footnotes 2 and 3
Amends APB 29, paragraph 27*
Amends APB 30, paragraph 7
Deletes AIN-APB 4, Interpretations No. 4 and 6
Supersedes AIN-APB 11, Interpretations No. 1 through 25
Deletes AIN-APB 15, Interpretations No. 13 and 16
Amends AIN-APB 18, Interpretations No. 1 and 2*
Supersedes AIN-APB 23, Interpretation No. 1
Amends AIN-APB 25, Interpretation No. 1
Amends FAS 12, paragraph 22*
Amends FAS 13, paragraph 47
Replaces FAS 16, paragraph 11
Amends FAS 16, paragraph 13 and footnotes 3 and 4
Deletes FAS 16, footnote 5
Amends FAS 19, paragraphs 61 and 62
Supersedes FAS 31
Supersedes FAS 37
Amends FAS 38, paragraph 2 and footnote 2
Amends FAS 44, paragraph 6*
Amends FAS 52, paragraphs 22,* 23,* 24,* and 48
Amends FAS 57, paragraph 2
Replaces FAS 60, paragraphs 55 and 60(i)
Deletes FAS 60, paragraphs 56 through 58 and 60(j) and footnote 8
Amends FAS 69, paragraphs 26, 30(c), 40, and 41
Replaces FAS 71, paragraph 18
Amends FAS 71, paragraph 46
Deletes FAS 71, footnote 12
Amends FAS 87, paragraph 37*
Amends FAS 89, paragraphs 33* and 96
Amends FAS 90, paragraphs 14 and 27*
Amends FIN 18, paragraphs 6,* 15, 16, 18, 40 through 43,* 46 through 55, 58, 65, 66, and 68 and footnotes 2,* 19 and footnote (*) of paragraph 47
Replaces FIN 18, paragraphs 14, 20, and 23 and footnote 14
Deletes FIN 18, paragraphs 59 through 61 and 70 and footnotes 9 through 13, 18, 21 through 23, and 25
Supersedes FIN 22
Supersedes FIN 25
Supersedes FIN 29
Amends FIN 30, paragraph 5*
Amends FIN 31, footnote 1
Supersedes FIN 32
Amends FTB 79-9, paragraph 3
Amends FTB 79-16 (Revised), paragraph 4
Supersedes FTB 81-2
Replaces FTB 82-1, paragraph 5
Amends FTB 82-1, paragraph 7*
Supersedes FTB 83-1
Supersedes FTB 84-2
Supersedes FTB 84-3
Supersedes FTB 86-1
Deletes FTB 87-2, paragraphs 9 through 11, 13, and 22 through 33 and footnotes 4 and 8
Amends FTB 87-2, paragraph 18

Affected by:
Paragraph 32 amended by FAS 100, paragraph 3; FAS 103, paragraph 4; and FAS 108, paragraph 5
Superseded by FAS 109, paragraph 286(f)

Other Interpretive Release:
FASB Special Report, A Guide to Implementation of Statement 96 on Accounting for Income Taxes: Questions and Answers (Nullified by FAS 109)


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*Result of the amendment, at least in part, described in paragraph 204.


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