Capitalization of Interest Cost in Financial Statements That Include Investments Accounted for by the Equity Method—an amendment of FASB Statement No. 34

Status

Issued:
April 1982

Effective Date:
For investments made after June 30, 1982, but optional for investments contracted for but not yet made at that date

Affects:
Amends ARB 51, paragraph 10
Amends APB 18, paragraph 19(m)
Amends APB 20, paragraph 34
Amends FAS 34, paragraphs 9, 10, and 20

Affected by:
No other pronouncements

AICPA Accounting Standards Executive Committee (AcSEC)

Related Pronouncement:
SOP 97-1


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