Rescission of FASB Statement No. 75 and Technical Corrections

Status

Issued:
February 1999

Effective Date:
For financial statements issued for fiscal years ending after February 15, 1999

Affects:
Deletes ARB 43, Chapter 1A, paragraph 4
Amends ARB 43, Chapter 1B, paragraph 7
Amends ARB 43, Chapter 3A, paragraph 9
Amends APB 6, paragraph 12(b)
Amends APB 16, paragraph 88(a)
Amends APB 17, paragraph 31
Amends APB 28, paragraphs 30, 31, and 33
Amends AIN-APB 30, Interpretation No. 1
Amends FAS 3, paragraph 14
Replaces FAS 13, paragraph 20
Amends FAS 15, paragraph 4
Amends FAS 35, paragraphs 2 and 30
Amends FAS 43, paragraph 2
Amends FAS 52, paragraphs 24, 26, 31, 34, and 46
Amends FAS 60, paragraph 46
Amends FAS 66, footnote 34
Replaces FAS 71, footnote 3
Supersedes FAS 75
Amends FAS 87, paragraphs 49 and 66 and Illustration 4
Deletes FAS 87, footnote 13
Amends FAS 89, paragraph 8(b)
Amends FAS 93, footnote 1
Amends FAS 102, footnote 3
Amends FAS 106, paragraphs 65, 103, 107, 392, 417, and 461
Replaces FAS 106, paragraphs 464 and 467
Deletes FAS 106, paragraph 471 and footnote 23
Amends FAS 109, paragraph 276
Amends FAS 115, paragraph 7 and footnote 4
Replaces FAS 115, paragraph 17
Amends FAS 123, paragraphs 49, 358, and 359
Amends FAS 128, paragraph 28
Amends FAS 130, paragraph 27
Amends FAS 131, paragraphs 18, 25, 27, 28, 33, and 123
Amends FAS 132, paragraphs 12(b) and 63
Deletes FAS 132, paragraphs 12(d) and 14(e)
Amends FIN 18, footnote 8
Deletes FIN 27, footnote 3
Amends FIN 39, paragraph 7
Amends FIN 40, paragraph 5
Amends FTB 79-5, paragraph 3

Affected by:
Paragraphs 4(p)(1), 4(p)(7), and 4(r)(2)(a) deleted by FAS 145, paragraph 9(k)


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