Status of Statement No. 116

Accounting for Contributions Received and Contributions Made

Status

Issued: June 1993

Effective Date:
For fiscal years beginning after December 15, 1994

 

Affects:
No other pronouncements

 

Affected by:
Paragraphs 19, 20, 184, 186, and 208 amended by FAS 157, paragraph E16
Footnote 8 deleted by FAS 157, paragraph E16(b)

 

Other Interpretive Pronouncement:
FIN 42 (Superseded by FAS 136)

 

Other Interpretive Release:
FASB Highlights, "Time for a Change—Implementing FASB Statements 116 and 117," January 1995 (in Current Text Sections C67 and No5)

 


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