Status of Statement No. 45

Accounting for Franchise Fee Revenue


March 1981

Effective Date:
For fiscal years beginning after June 15, 1981

Amends FAS 32, Appendix A

Affected by:
Paragraph 19 amended by FAS 141, paragraph E9
Paragraph 19 deleted by FAS 141(R), paragraph E14

Issues Discussed by FASB Emerging Issues Task Force (EITF)

No EITF Issues

Interpreted by:
No EITF Issues

Related Issues:
EITF Issues No. 00-21 and 04-1

*Note: Amendments as a result of the issuance of FAS 141(R) are effective for business combinations with an acquisition date on or after the beginning of the first annual reporting period beginning on or after 12/15/08.

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