Status of Statement No. 28
Accounting for Sales with Leasebacks—an amendment of FASB Statement No. 13
Status
Issued: May 1979
- Effective Date:
- For leasing transactions and revisions recorded as of September 1, 1979
- Affects:
- Replaces FAS 13, paragraphs 32 and 33
- Affected by:
- Paragraphs 3 and 23 through 25 amended by FAS 66, paragraph 51
- Other Interpretive Pronouncements:
- FTB 79-18
- FTB 88-1
- Issues Discussed by FASB Emerging Issues Task Force (EITF)
- Affects:
- No EITF Issues
- Interpreted by:
- Paragraph 2 interpreted by EITF Issues No. 88-21 and 93-8
- Paragraph 3 interpreted by EITF Issues No. 86-17, 88-21, 89-16, and 93-8
- Related Issues:
- EITF Issue No. 84-37, 87-7, and 89-20
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