Status of Interpretation No. 27

Accounting for a Loss on a Sublease—an interpretation of FASB Statement No. 13 and APB Opinion No. 30


Issued: November 1978

Effective Date:
For transactions with measurement dates on or after March 1, 1979


No other pronouncements


Affected by:
Paragraph 3 deleted by FAS 144, paragraph C20
Footnote 3 deleted by FAS 135, paragraph 4(aa)


Other Interpretive Pronouncements:
FTB 79-15
FTB 79-18

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