Status of Statement No. 78

Classification of Obligations That Are Callable by the Creditor—an amendment of ARB No. 43, Chapter 3A


Issued: December 1983

Effective Date:
For financial statements for fiscal years beginning after December 15, 1983 and for interim accounting periods within those fiscal years


Amends ARB 43, Chapter 3A, paragraph 7


Affected by:
No other pronouncements


AICPA Accounting Standards Executive Committee (AcSEC)
Related Pronouncement: SOP 90-7


Issues Discussed by FASB Emerging Issues Task Force (EITF)


No EITF Issues


Interpreted by:
Paragraph 5 interpreted by EITF Issues No. 86-5 and 86-30


Related Issue:
EITF Topic No. D-61


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