Status of Interpretation No. 42
Status of Interpretation No. 42
Accounting for Transfers of Assets in Which a Not-for-Profit Organization Is Granted Variance Power—an interpretation of FASB Statement No. 116
Status
Issued: September 1996
- Effective Date:
- For financial statements for fiscal years ending after September 15, 1996
- Affects:
- No other pronouncements
- Affected by:
- Superseded by FAS 136, paragraph 7
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