Status of Statement No. 168

The FASB Accounting Standards CodificationTM and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162


June 2009

Effective Date:
For financial statements issued for interim and annual periods ending after September 15 2009 except for certain nonpublic nongovernmental entities; prospectively for fiscal years beginning on or after December 15, 2009, and interim periods within those years for nonpublic nongovernmental entities that have not followed TIS Section 5100 (par. 38–76)

Supersedes FAS 162

Affected by:
No other pronouncements

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