Accounting for Purchases of Life Insurance
StatusIssued:
November 1985
Effective Date:
For insurance policies acquired after November 14, 1985
Affects:
Supersedes AIN-Key-Man Life Insurance, Interpretation No. 1
Affected by:
Footnote 1 amended by FSP FTB 85-4-1, paragraph 20
Other Interpretive Release:
FASB Staff Position FTB 85-4-1
Issues Discussed by FASB Emerging Issues Task Force (EITF)
Affects:
No EITF Issues
Interpreted by:
No EITF Issues
Related Issues:
EITF Issues No. 88-5 and 06-5
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