Status of Statement No. 16
Prior Period Adjustments
Status
Issued: June 1977
- Effective Date:
- For fiscal years beginning after October 15, 1977
- Affects:
- Amends APB 9, paragraph 18
- Deletes APB 9, paragraphs 23 and 24
- Deletes APB 20, footnote 9
- Amends APB 30, paragraph 25
- Deletes FAS 5, footnote 3
- Affected by:
- Paragraph 9 deleted by FAS 71, paragraph 26(s)
- Paragraph 11 replaced by FAS 96, paragraph 205(m), and FAS 109, paragraph 288(n)
- Paragraph 13 and footnote 4 amended by FAS 96, paragraph 205(m), and FAS 109, paragraph 288(n)
- Footnote 3 amended by FAS 96, paragraph 205(m); FAS 109, paragraph 288(n); and FAS 154, paragraph C7(a)
- Footnote 5 deleted by FAS 96, paragraph 205(m), and FAS 109, paragraph 288(n)
- Footnote 6 amended by FAS 141, paragraph E7
- Footnote 6 deleted by FAS 154, paragraph C7(b)
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