Status of Statement No. 23

Inception of the Lease—an amendment of FASB Statement No. 13


Issued: August 1978

Effective Date:
For leasing transactions and revisions recorded as of December 1, 1978


Replaces FAS 13, paragraph 5(b)
Amends FAS 13, paragraphs 8(b), 10, 17(a), 18(a), 26(a)(i), and 43(c)


Affected by:
No other pronouncements


Other Interpretive Pronouncement:
FTB 79-18


Issues Discussed by FASB Emerging Issues Task Force (EITF)
No EITF Issues


Interpreted by:
No EITF Issues


Related Issues:
EITF Issues No. 97-10 and 05-3


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