FASB Interpretations are published by the
Financial Accounting Standards Board (FASB). They extend or explain existing standards (primarily published in Statements of Financial Accounting Standards). Interpretations are a part of the
U.S. Generally accepted accounting principles (US GAAP). 48 interpretations have been published as of September 2006.
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! No.
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, 1.
, Accounting Changes Related to the Cost of Inventory—an interpretation of APB Opinion No. 20
, June 1974 , ,
* None
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, 2.
, Imputing Interest on Debt Arrangements Made under the Federal Bankruptcy Act—an interpretation of APB Opinion No. 21
, June 1974 , ,
* Superseded by FASB Statement 15, para. 10
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, 3.
, Accounting for the Cost of Pension Plans Subject to the Employee Retirement Income Security Act of 1974—an interpretation of APB Opinion No. 8
, Dec. 1974 , ,
* Superseded by FASB Statement 87, para. 9
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, 4.
, Applicability of FASB Statement No. 2 to Business Combinations Accounted for by the Purchase Method—an interpretation of FASB Statement No. 2
, Feb. 1975 , ,
* Amended
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, 5.
, Applicability of FASB Statement No. 2 to Development Stage Enterprises—an interpretation of FASB Statement No. 2
, Feb. 1975 , ,
* Superseded by FASB Statement 7, para. 6
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, 6.
, Applicability of FASB Statement No. 2 to Computer Software—an interpretation of FASB Statement No. 2
, Feb. 1975 , ,
* Amended
* Parts deleted
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, 7.
, Applying FASB Statement No. 7 in Financial Statements of Established Operating Enterprises—an interpretation of FASB Statement No. 7
, Oct. 1975 , ,
* None
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, 8.
, Classification of a Short-Term Obligation Repaid Prior to Being Replaced by a Long-Term Security—an interpretation of FASB Statement No. 6
, Jan. 1976 , ,
* None
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, 9.
, Applying APB Opinions No. 16 and 17 When a Savings and Loan Association or a Similar Institution is Acquired in a Business Combination Accounted for by the Purchase Method—an interpretation of APB Opinions No. 16 and 17
, Feb. 1976 , ,
* Amended
* Partially superseded
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, 10.
, Application of FASB Statement No. 12 to Personal Financial Statements—an interpretation of FASB Statement No. 12
, Sept. 1976 , ,
* Superseded by FASB Statement 83, para. 7
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, 11.
, Changes in Market Value after the Balance Sheet Date—an interpretation of FASB Statement No. 12
, Sept. 1976 , ,
* Superseded by FASB Statement 115, para. 124
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, 12.
, Accounting for Previously Established Allowance Accounts—an interpretation of FASB Statement No. 12
, Sept. 1976 , ,
* Superseded by FASB Statement 115, para. 124
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, 13.
, Consolidation of a Parent and Its Subsidiaries Having Different Balance Sheet Dates—an interpretation of FASB Statement No. 12
, Sept. 1976 , ,
* Superseded by FASB Statement 115, para. 124
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, 14.
, Using Reasonable Estimation of the Amount of a Loss—an interpretation of FASB Statement No. 5
, Sept. 1976 , ,
* None
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, 15.
, Translation of Unamortized Policy Acquisition Costs by a Stock Life Insurance Company—an interpretation of FASB Statement No. 8
, Sept. 1976 , ,
* Amended
* Superseded by FASB Statement 52, para. 3
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, 16.
, Clarification of Definitions and Accounting for Marketable Equity Securities That Become Nonmarketable—an interpretation of FASB Statement No. 12
, Feb. 1977 , ,
* Superseded by FASB Statement 115, para. 124
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, 17.
, Applying the Lower of Cost or Market Rule in Translated Financial Statements—an interpretation of FASB Statement No. 8
, Feb. 1977 , ,
* Superseded by FASB Statement 52, para. 3
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, 18.
, Accounting for Income Taxes in Interim Periods—an interpretation of APB Opinion No. 28
, Mar. 1977 , ,
* Heavily amended
* Parts deleted or replaced
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, 19.
, Lessee Guarantee of the Residual Value of Leased Property—an interpretation of FASB Statement No. 13
, Oct. 1977 , ,
* None
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, 20.
, Reporting Accounting Changes under AICPA Statements of Position—an interpretation of APB Opinion No. 20
, Nov. 1977 , ,
* Amended
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, 21.
, Accounting for Leases in a Business Combination—an interpretation of FASB Statement No. 13
, Apr. 1978 , ,
* Amended
* Parts deleted
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, 22.
, Using Applicability of Indefinite Reversal Criteria to Timing Differences—an interpretation of APB Opinions No. 11 and 23
, Apr. 1978 , ,
* Amended
* Parts deleted
* Superseded by FASB Statement 96, para. 203(k), and FASB Statement 109, para. 286(n)
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, 23.
, Leases of Certain Property Owned by a Governmental Unit or Authority—an interpretation of FASB Statement No. 13
, Aug. 1978 , ,
* None
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, 24.
, Using Leases Involving Only Part of a Building—an interpretation of FASB Statement No. 13
, Sept. 1978 , ,
* None
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, 25.
, Accounting for an Unused Investment Tax Credit—an interpretation of APB Opinions No. 2, 4, 11, and 16
, Sept. 1978 , ,
* Parts deleted
* Superseded by FASB Statement 96, para. 203(l), and FASB Statement 109, para. 286(o)
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, 26.
, Accounting for Purchase of a Leased Asset by the Lessee during the Term of the Lease—an interpretation of FASB Statement No. 13
, Sept. 1978 , ,
* None
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, 27.
, Accounting for a Loss on a Sublease—an interpretation of FASB Statement No. 13 and APB Opinion No. 30
, Nov. 1978 , ,
* Parts deleted
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, 28.
, Accounting for Stock Appreciation Rights and Other Variable Stock Option or Award Plans—an interpretation of APB Opinions No. 15 and 25
, Dec. 1978 , ,
* Amended
* Parts replaced
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, 29.
, Reporting Tax Benefits Realized on Disposition of Investments in Certain Subsidiaries and Other Investees—an interpretation of APB Opinions No. 23 and 24
, Feb. 1979 , ,
* Superseded by FASB Statement 96, para. 203(m), and FASB Statement 109, para. 286(p)
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, 30.
, Accounting for Involuntary Conversions of Nonmonetary Assets to Monetary Assets—an interpretation of APB Opinion No. 29
, Sept. 1979 , ,
* Amended
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, 31.
, Treatment of Stock Compensation Plans in EPS Computations—an interpretation of APB Opinion No. 15 and a modification of FASB Interpretation No. 28
, Feb. 1980 , ,
* Amended
* Superseded by FASB Statement 128, para. 160(e)
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, 32.
, Application of Percentage Limitations in Recognizing Investment Tax Credit—an interpretation of APB Opinions 2, 4, and 11
, Mar. 1980 , ,
* Superseded by FASB Statement 96, para. 203(n), and FASB Statement 109, para. 286(q)
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, 33.
, Applying FASB Statement No. 34 to Oil and Gas Producing Operations Accounted for by the Full Cost Method—an interpretation of FASB Statement No. 34
, Aug. 1980 , ,
* None
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, 34.
, Disclosure of Indirect Guarantees of Indebtedness of Others—an interpretation of FASB Statement No. 5
, Mar. 1981 , ,
* Superseded by FASB Interpretation 45, para. 19
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, 35.
, Criteria for Applying the Equity Method of Accounting for Investments in Common Stock—an interpretation of APB Opinion No. 18
, May 1981 , ,
* None
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, 36.
, Accounting for Exploratory Wells in Progress at the End of a Period—an interpretation of FASB Statement No. 19
, Oct. 1981 , ,
* None
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, 37.
, Accounting for Translation Adjustments upon Sale of Part of an Investment in a Foreign Entity—an interpretation of FASB Statement No. 52
, July 1983 , ,
* None
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, 38.
, Determining the Measurement Date for Stock Option, Purchase, and Award Plans Involving Junior Stock—an interpretation of APB Opinion No. 25
, Aug. 1984 , ,
* Amended
* Parts replaced
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, 39.
, Offsetting of Amounts Related to Certain Contracts—an interpretation of APB Opinion No. 10 and FASB Statement No. 105
, Mar. 1992 , ,
* Amended
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, 40.
, Applicability of Generally Accepted Accounting Principles to Mutual Life Insurance and Other Enterprises—an interpretation of FASB Statements No. 12, 60, 97, and 113
, Apr. 1993 , ,
* Amended
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, 41.
, Offsetting of Amounts Related to Certain Repurchase and Reverse Repurchase Agreements—an interpretation of APB Opinion No. 10 and a modification of FASB Interpretation No. 39
, Dec. 1994 , ,
* None
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, 42.
, Accounting for Transfers of Assets in Which a Not-for-Profit Organization Is Granted Variance Power—an interpretation of FASB Statement No. 116
, Sept. 1996 , ,
* Superseded by FASB Statement 136, para. 7
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, 43.
, Real Estate Sales—an interpretation of FASB Statement No. 66
, June 1999 , ,
* Amended
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, 44.
, Accounting for Certain Transactions involving Stock Compensation—an interpretation of APB Opinion No. 25
, Mar. 2000 , ,
* Amended
* Parts deleted
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, 45.
, Guarantor's Accounting and Disclosure Requirements for Guarantees, Including Indirect Guarantees of Indebtedness of Others—an interpretation of FASB Statements No. 5, 57, and 107 and rescission of FASB Interpretation No. 34
, Nov. 2002 , ,
* None
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,
46.
, Consolidation of Variable Interest Entities—an interpretation of ARB No. 51
, Jan. 2003 , ,
* Superseded by FASB Interpretation 46(R), para. 4
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, 46(R)
, Consolidation of Variable Interest Entities (revised December 2003)—an interpretation of ARB No. 51
, Dec. 2003 , ,
* Amended
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, 47.
, Accounting for Conditional Asset Retirement Obligations—an interpretation of FASB Statement No. 143
, Mar. 2005 , ,
* None
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, 48.
, Accounting for Uncertainty in Income Taxes—an interpretation of FASB Statement No. 109
, Jun. 2006 , ,
* Amended
* Parts deleted
External links
*
U.S. Generally accepted accounting principles
*
Financial Accounting Standards Board
FASB Interpretations - Full Text, Summary, and Status
United States Generally Accepted Accounting Principles
Financial Accounting Standards Board