Status of Technical Bulletin No. 79-3

Subjective Acceleration Clauses in Long-term Debt Agreements


Issued: December 1979

Effective Date:
None stated; Technical Bulletins issued prior to June 30, 1984 indicate only the date of issuance.


No other pronouncements


Affected by:
No other pronouncements


AICPA Accounting Standards Executive Committee (AcSEC)

Related Pronouncement:

SOP 90-7


Issues Discussed by FASB Emerging Issues Task Force (EITF)

No EITF Issues


Interpreted by:
Paragraph 3 interepreted by EITF Issues No. 86-5 and 95-22 and Topic No. D-23


Related Issues:
No EITF Issues


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