Accounting for Costs and Initial Rental Operations of Real Estate Projects
StatusIssued:
October 1982
Effective Date:
For costs of real estate incurred in fiscal years beginning after December 31, 1982
Affects:
Amends FAS 32, Appendixes A and B
Affected by:
Paragraph 2 amended by FAS 152, paragraph 4
Paragraph 2(b) and footnote 10 amended by FAS 111, paragraph 8(w)
Paragraphs 3, 24, and 28 amended by FAS 121, paragraphs 31(a), 31(c), and 31(e), respectively, and FAS 144, paragraphs C31(a), C10, and C31(d), respectively
Paragraph 8 amended by FAS 157, paragraph E11(a)
Paragraph 12 amended by FAS 154, paragraph C11
Paragraph 16 deleted by FAS 121, paragraph 31(b), and FAS 144, paragraph C31(b)
Paragraph 25 replaced by FAS 121, paragraph 31(d), and FAS 144, paragraph C31(c)
Paragraph 28 amended by FAS 157, paragraph E11(b)
Footnote 6 deleted by FAS 157, paragraph E11(a)
AICPA Accounting Standards Executive Committee (AcSEC)
Related Pronouncement:
SOP 04-2
Issues Discussed by FASB Emerging Issues Task Force (EITF)
Affects:
No EITF Issues
Interpreted by:
Paragraphs 4 and 5 interpreted by EITF Issue No. 97-11
Related Issues:
EITF Issues No. 91-10 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