Status of Interpretation No. 1

Accounting Changes Related to the Cost of Inventory—an interpretation of APB Opinion No. 20

Status

Issued: June 1974
 

Effective Date:
July 1, 1974

 

Affects:
No other pronouncements

 

Affected by:
Paragraphs 1 and 5 amended by FAS 154, paragraph C16

 

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