Status of Interpretation No. 32
Status of Interpretation No. 32
Application of Percentage Limitations in Recognizing Investment Tax Credit—an interpretation of APB Opinions 2, 4, and 11
Status
Issued: March 1980
- Effective Date:
- For fiscal years beginning after December 15, 1979
- Affects:
- Supersedes FIN 25, footnote 5
- Affected by:
- Superseded by FAS 96, paragraph 203(n), and FAS 109, paragraph 286(q)
- Other Interpretive Pronouncement:
- FTB 86-1 (Superseded by FAS 96 and FAS 109)
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