Status of Statement No. 94

Consolidation of All Majority-Owned Subsidiaries—an amendment of ARB No. 51, with related amendments of APB Opinion No. 18 and ARB No. 43, Chapter 12

Status

Issued: October 1987

Effective Date:
For fiscal years ending after December 15, 1988

 

Affects:
Deletes ARB 43, Chapter 12, paragraphs 8 and 9
Replaces ARB 51, paragraphs 2, 3, and 19
Deletes ARB 51, paragraphs 20 and 21
Amends APB 18, paragraphs 1, 16, 17, 19, 19(a), and 20(d)
Replaces APB 18, paragraph 14 and footnotes 3 and 4
Deletes APB 18, paragraph 20(c) and footnote 1

 

Affected by:
Summary and paragraph 4 amended by FAS 160, paragraph C2
Paragraph 14 deleted by FAS 131, paragraph 134

 

AICPA Accounting Standards Executive Committee (AcSEC)
Related Pronouncement: SOP 94-3

 

Issues Discussed by FASB Emerging Issues Task Force (EITF)

 

Affects:
Resolves EITF Issues No. 84-41 and 85-28

 

Interpreted by:
Paragraph 13 interpreted by EITF Issue No. 97-2

 

Related Issues:
EITF Issues No. 84-23, 84-40, 85-21, 96-16, 97-1, 98-6, and 04-5 and Topic No. D-74

 


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