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