Status of Statement No. 151

FASB: Status of Statement 151

Status of Statement No. 151

Inventory Costs—an amendment of ARB No. 43, Chapter 4

Status

Issued: November 2004

Effective Date:
For inventory costs incurred during fiscal years beginning after June 15, 2005

Affects:
Amends ARB 43, Chapter 4, paragraph 5 and footnote 2
Amends FAS 144, paragraph A3

Affected by:
No other pronouncements


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

STANDARDS