Status of Statement No. 55

Determining whether a Convertible Security Is a Common Stock Equivalent—an amendment of APB Opinion No. 15


Issued: February 1982

Effective Date:
For convertible securities issued after February 28, 1982


Amends APB 15, paragraph 33
Replaces APB 15, footnote 10


Affected by:
Superseded by FAS 111, paragraph 8(v)


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