List of FASB pronouncements

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This article is a list of Financial Accounting Standards Board (FASB) pronouncements, which comprise Statements of Financial Accounting Standards ("SFAS" or simply "FAS"), Statements of Financial Accounting Concepts, Interpretations, Technical Bulletins, and Staff Positions, constitute rules and guidelines in preparing, presenting, and reporting financial statements within the United States according to, and comprise a substantial part of the body of generally accepted accounting principles ("GAAP") in the U.S.

The SFAS have been superseded by the FASB Accounting Standards Codification (ASC). The codification is effective for interim and annual periods ending after September 15, 2009. All existing accounting standards documents are superseded by the ASC. All other accounting literature not included in the Codification is now deemed nonauthoritative.

Statements of Financial Accounting Standards[edit]

No.TitleIssue DateChanges
1Disclosure of Foreign Currency Translation InformationDecember 1973Superseded by FAS 8 & FAS 52
2Accounting for Research and Development CostsOctober 1974
3Reporting Accounting Changes in Interim Financial StatementsMarch 1975Replaced by SFAS No. 154
4Reporting Gains and Losses from Extinguishment of DebtMarch 1975Rescinded by SFAS No. 145
5Accounting for ContingenciesMarch 1975Amended by SFAS No. 11, 112 and 114
6Classification of Short-Term Obligations Expected to Be RefinancedMay 1975
7Accounting and Reporting by Development Stage EnterprisesJune 1975
8Accounting for the Translation of Foreign Currency Transactions and Foreign Currency Financial StatementOctober 1975Superseded by FAS 52
9Accounting for Income Taxes: Oil and Gas Producing CompaniesOctober 1975Superseded by FAS 19
10Extension of "Grandfather" Provisions for Business CombinationsOctober 1975Superseded by FAS 141
11Accounting for Contingencies: Transition Method—an amendment of FASB Statement No. 5December 1975
12Accounting for Certain Marketable SecuritiesDecember 1975Superseded by FAS 115
13Accounting for LeasesNovember 1976Amended by SFAS No. 17, 22, 23, 26, 27, 28, 29, 91, 98 and 145
14Financial Reporting for Segments of a Business EnterpriseDecember 1976Supserseded by FAS 131
15Accounting by Debtors and Creditors for Troubled Debt RestructuringsJune 1977Amended by SFAS No. 114
16Prior Period AdjustmentsJune 1977
17Accounting for Leases: Initial Direct Costs—an amendment of FASB Statement No. 13November 1977Rescinded by SFAS No. 91
18Financial Reporting for Segments of a Business Enterprise: Interim Financial Statements—an amendment of FASB Statement No. 14November 1977Superseded by FAS 131
19Financial Accounting and Reporting by Oil and Gas Producing CompaniesDecember 1977Amended by SFAS No. 25 and 69
20Accounting for Forward Exchange Contracts—an amendment of FASB Statement No. 8December 1977Superseded by FAS 52
21Suspension of the Reporting of Earnings per Share and Segment Information by Nonpublic Enterprises—an amendment of APB Opinion No. 15 and FASB Statement No. 14April 1978Superseded by FAS 131
22Changes in the Provisions of Lease Agreements Resulting from Refundings of Tax-Exempt Debt—an amendment of FASB Statement No. 13June 1978
23Inception of the Lease—an amendment of FASB Statement No. 13August 1978
24Reporting Segment Information in Financial Statements That Are Presented in Another Enterprise's Financial Report—an amendment of FASB Statement No. 14December 1978Superseded by FAS 131
25Suspension of Certain Accounting Requirements for Oil and Gas Producing Companies—an amendment of FASB Statement No. 19February 1979Amended by SFAS No. 69
26Profit Recognition on Sales-Type Leases of Real Estate—an amendment of FASB Statement No. 13April 1979Rescinded by SFAS No. 98
27Classification of Renewals or Extensions of Existing Sales-Type or Direct Financing Leases—an amendment of FASB Statement No. 13May 1979
28Accounting for Sales with Leasebacks—an amendment of FASB Statement No. 13May 1979
29Determining Contingent Rentals—an amendment of FASB Statement No. 13June 1979
30Disclosure of Information about Major Customers—an amendment of FASB Statement No. 14August 1979Superseded by FAS 131
31Accounting for Tax Benefits Related to U.K. Tax Legislation Concerning Stock ReliefSeptember 1979Superseded by FAS 96
32Specialized Accounting and Reporting Principles and Practices in AICPA Statements of Position and Guides on Accounting and Auditing Matters—an amendment of APB Opinion No. 20September 1979Rescinded by SFAS No. 111
33Financial Reporting and Changing PricesSeptember 1979Superseded by FAS 89
34Capitalization of Interest CostOctober 1979Amended by SFAS No. 42, 58 and 62
35Accounting and Reporting by Defined Benefit Pension PlansMarch 1980Amended by SFAS No. 59, 75 and 110
36Disclosure of Pension Information—an amendment of APB Opinion No. 8May 1980Superseded by FAS 87
37Balance Sheet Classification of Deferred Income Taxes—an amendment of APB Opinion No. 11July 1980
38Accounting for Preacquisition Contingencies of Purchased Enterprises—an amendment of APB Opinion No. 16September 1980Superseded by FAS 141
39Financial Reporting and Changing Prices: Specialized Assets-Mining and Oil and Gas—a supplement to FASB Statement No. 33October 1980Superseded by FAS 89
40Financial Reporting and Changing Prices: Specialized Assets-Timberlands and Growing Timber—a supplement to FASB Statement No. 33November 1980Superseded by FAS 89
41Financial Reporting and Changing Prices: Specialized Assets-Income-Producing Real Estate—a supplement to FASB Statement No. 33November 1980Superseded by FAS 89
42Determining Materiality for Capitalization of Interest Cost—an amendment of FASB Statement No. 34November 1980
43Accounting for Compensated AbsencesNovember 1980
44Accounting for Intangible Assets of Motor Carriers—an amendment of Chapter 5 of ARB No. 43 and an interpretation of APB Opinions 17 and 30December 1980Rescinded by SFAS No. 145
45Accounting for Franchise Fee RevenueMarch 1981Amended by SFAS No. 112
46Financial Reporting and Changing Prices: Motion Picture FilmsMarch 1981Superseded by FAS 89
47Disclosure of Long-Term Obligations
48Revenue Recognition When Right of Return ExistsJune 1981
49Accounting for Product Financing ArrangementsJune 1981
50Financial Reporting in the Record and Music IndustryNovember 1981
51Financial Reporting by Cable Television CompaniesNovember 1981
52Foreign Currency TranslationDecember 1981
53Financial Reporting by Producers and Distributors of Motion Picture FilmsDecember 1981Rescinded by SFAS No. 139
54Financial Reporting and Changing Prices: Investment Companies—an amendment of FASB Statement No. 33January 1982Superseded by FAS 89
55Determining whether a Convertible Security is a Common Stock Equivalent—an amendment of APB Opinion No. 15February 1982Superseded by FAS 111
56Designation of AICPA Guide and Statement of Position (SOP) 81-1 on Contractor Accounting and SOP 81-2 concerning Hospital-Related Organizations as Preferable for Purposes of Applying APB Opinion 20—an amendment of FASB Statement No. 32February 1982Superseded by FAS 111
57Related Party DisclosuresMarch 1982
58Capitalization of Interest Cost in Financial Statements That Include Investments Accounted for by the Equity Method—an amendment of FASB Statement No. 34April 1982
59Deferral of the Effective Date of Certain Accounting Requirements for Pension Plans of State and Local Governmental Units—an amendment of FASB Statement No. 35April 1982Superseded by FAS 75
60Accounting and Reporting by Insurance EnterprisesJune 1982Amended by SFAS No. 91 and 120
61Accounting for Title PlantJune 1982
62Capitalization of Interest Cost in Situations Involving Certain Tax-Exempt Borrowings and Certain Gifts and Grants—an amendment of FASB Statement No. 34June 1982
63Financial Reporting by BroadcastersJune 1982Amended by SFAS No. 139
64Extinguishments of Debt Made to Satisfy Sinking-Fund Requirements—an amendment of FASB Statement No. 4September 1982Rescinded by SFAS No. 145
65Accounting for Certain Mortgage Banking ActivitiesSeptember 1982Amended by SFAS No. 91, 122, and 134
66Accounting for Sales of Real EstateOctober 1982Amended by SFAS No. 98 and 152
67Accounting for Costs and Initial Rental Operations of Real Estate ProjectsOctober 1982Amended by SFAS No. 152
68Research and Development ArrangementsOctober 1982
69Disclosures about Oil and Gas Producing Activities—an amendment of FASB Statements 19, 25, 33, and 39November 1982
70Financial Reporting and Changing Prices: Foreign Currency Translation—an amendment of FASB Statement No. 33December 1982Superseded by FAS 89
71Accounting for the Effects of Certain Types of RegulationDecember 1982Amended by SFAS No. 90 and 92
72Accounting for Certain Acquisitions of Banking or Thrift Institutions—an amendment of APB Opinion No. 17, an interpretation of APB Opinions 16 and 17, and an amendment of FASB Interpretation No. 9February 1983Rescinded by SFAS No. 147
73Reporting a Change in Accounting for Railroad Track Structures—an amendment of APB Opinion No. 20August 1983Superseded by FAS 154
74Accounting for Special Termination Benefits Paid to EmployeesAugust 1983Superseded by FAS 88
75Deferral of the Effective Date of Certain Accounting Requirements for Pension Plans of State and Local Governmental Units—an amendment of FASB Statement No. 35November 1983Rescinded by SFAS No. 135
76Extinguishment of Debt-an amendment of APB Opinion No. 26November 1983Superseded by FAS 125
77Reporting by Transferors for Transfers of Receivables with RecourseDecember 1983Superseded by FAS 125
78Classification of Obligations That Are Callable by the Creditor—an amendment of ARB No. 43, Chapter 3ADecember 1983
79Elimination of Certain Disclosures for Business Combinations by Nonpublic Enterprises—an amendment of APB Opinion No. 16February 1984Superseded by FAS 141
80Accounting for Futures ContractsAugust 1984Superseded by FAS 133
81Disclosure of Postretirement Health Care and Life Insurance BenefitsNovember 1984Superseded by FAS 106
82Financial Reporting and Changing Prices: Elimination of Certain Disclosures—an amendment of FASB Statement No. 33November 1984Superseded by FAS 89
83Designation of AICPA Guides and Statement of Position on Accounting by Brokers and Dealers in Securities, by Employee Benefit Plans, and by Banks as Preferable for Purposes of Applying APB Opinion 20—an amendment FASB Statement No. 32 and APB Opinion No. 30 and a rescission of FASB Interpretation No. 10March 1985Superseded by FAS 111
84Induced Conversions of Convertible Debt—an amendment of APB Opinion No. 26March 1985
85Yield Test for Determining whether a Convertible Security is a Common Stock Equivalent—an amendment of APB Opinion No. 15March 1985Superseded by FAS 128
86Accounting for the Costs of Computer Software to Be Sold, Leased, or Otherwise MarketedAugust 1985
87Employers' Accounting for PensionsDecember 1985Amended by SFAS No. 132R and No. 158
88Employers' Accounting for Settlements and Curtailments of Defined Benefit Pension Plans and for Termination BenefitsDecember 1985Amended by SFAS No. 132R and No. 158
89Financial Reporting and Changing PricesDecember 1986Amended by SFAS No. 139
90Regulated Enterprises-Accounting for Abandonments and Disallowances of Plant Costs—an amendment of FASB Statement No. 71December 1986
91Accounting for Nonrefundable Fees and Costs Associated with Originating or Acquiring Loans and Initial Direct Costs of Leases—an amendment of FASB Statements No. 13, 60, and 65 and a rescission of FASB Statement No. 17December 1986Amended by SFAS No. 98
92Regulated Enterprises-Accounting for Phase-in Plans—an amendment of FASB Statement No. 71August 1987
93Recognition of Depreciation by Not-for-Profit OrganizationsAugust 1987Amended by SFAS No. 99
94Consolidation of All Majority-owned Subsidiaries—an amendment of ARB No. 51, with related amendments of APB Opinion No. 18 and ARB No. 43, Chapter 12October 1987
95Statement of Cash FlowsNovember 1987Amended by SFAS No. 102 and 104
96Accounting for Income TaxesDecember 1987Superseded by FAS 109
97Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of InvestmentsDecember 1987Amended by SFAS No. 120
98Accounting for Leases: Sale-Leaseback Transactions Involving Real Estate, Sales-Type Leases of Real Estate, Definition of the Lease Term, and Initial Direct Costs of Direct Financing Leases—an amendment of FASB Statements No. 13, 66, and 91 and a rescission of FASB Statement No. 26 and Technical Bulletin No. 79-11May 1988
99Deferral of the Effective Date of Recognition of Depreciation by Not-for-Profit Organizations—an amendment of FASB Statement No. 93September 1988
100Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No. 96—an amendment of FASB Statement No. 96December 1988Superseded by FAS 103
101Regulated Enterprises-Accounting for the Discontinuation of Application of FASB Statement No. 71December 1988
102Statement of Cash Flows-Exemption of Certain Enterprises and Classification of Cash Flows from Certain Securities Acquired for Resale—an amendment of FASB Statement No. 95February 1989
103Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No. 96—an amendment of FASB Statement No. 96December 1989Superseded by FAS 108
104Statement of Cash Flows-Net Reporting of Certain Cash Receipts and Cash Payments and Classification of Cash Flows from Hedging Transactions—an amendment of FASB Statement No. 95December 1989
105Disclosure of Information about Financial Instruments with Off-Balance-Sheet Risk and Financial Instruments with Concentrations of Credit RiskMarch 1990Superseded by FAS 133
106Employers' Accounting for Postretirement Benefits Other Than PensionsDecember 1990Amended by SFAS No. 132R and No. 158
107Disclosures about Fair Value of Financial InstrumentsDecember 1991Amended by SFAS No. 126
108Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No. 96—an amendment of FASB Statement No. 96December 1991Superseded by FAS 109
109Accounting for Income TaxesFebruary 1992
110Reporting by Defined Benefit Pension Plans of Investment Contracts—an amendment of FASB Statement No. 35August 1992
111Rescission of FASB Statement No. 32 and Technical CorrectionsNovember 1992
112Employers' Accounting for Postemployment Benefits—an amendment of FASB Statements No. 5 and 43November 1992
113Accounting and Reporting for Reinsurance of Short-Duration and Long-Duration ContractsDecember 1992Amended by SFAS No. 120
114Accounting by Creditors for Impairment of a Loan—an amendment of FASB Statements No. 5 and 15May 1993Amended by SFAS No. 118
115Accounting for Certain Investments in Debt and Equity SecuritiesMay 1993Amended by SFAS No. 159
116Accounting for Contributions Received and Contributions MadeJune 1993
117Financial Statements of Not-for-Profit OrganizationsJune 1993
118Accounting by Creditors for Impairment of a Loan-Income Recognition and Disclosures—an amendment of FASB Statement No. 114October 1994
119Disclosure about Derivative Financial Instruments and Fair Value of Financial InstrumentsOctober 1994Superseded by FAS 133
120Accounting and Reporting by Mutual Life Insurance Enterprises and by Insurance Enterprises for Certain Long-Duration Participating Contracts—an amendment of FASB Statements 60, 97, and 113 and Interpretation No. 40January 1995
121Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed OfMarch 1995Superseded by FAS 144
122Accounting for Mortgage Servicing Rights—an amendment of FASB Statement No. 65May 1995Superseded by FAS 125
123Accounting for Stock-Based CompensationOctober 1995Revised and re-issued in December 2004
123RShare-Based PaymentDecember 2004
124Accounting for Certain Investments Held by Not-for-Profit OrganizationsNovember 1995
125Accounting for Transfers and Servicing of Financial Assets and Extinguishments of LiabilitiesJune 1996Replaced by SFAS No. 140
126Exemption from Certain Required Disclosures about Financial Instruments for Certain Nonpublic Entities—an amendment to FASB Statement No. 107December 1996
127Deferral of the Effective Date of Certain Provisions of FASB Statement No. 125—an amendment to FASB Statement No. 125December 1996Superseded by FAS 140
128Earnings per ShareFebruary 1997Amended by SFAS 150 and SFAS 160
129Disclosure of Information about Capital StructureFebruary 1997
130Reporting Comprehensive IncomeJune 1997
131Disclosures about Segments of an Enterprise and Related InformationJune 1997
132Employers' Disclosures about Pensions and Other Postretirement Benefits—an amendment of FASB Statements No. 87, 88, and 106February 1998Revised and re-issued in December 2003
132REmployers' Disclosures about Pensions and Other Postretirement Benefits—an amendment of FASB Statements No. 87, 88, and 106December 2003Amended by SFAS No. 158
133Accounting for Derivative Instruments and Hedging ActivitiesJune 1998Amended by SFAS No. 137, 138, 155, 161 and FSP FAS 133-1 & FIN 45-4
134Accounting for Mortgage-Backed Securities Retained after the Securitization of Mortgage Loans Held for Sale by a Mortgage Banking Enterprise—an amendment of FASB Statement No. 65October 1998
135Rescission of FASB Statement No. 75 and Technical CorrectionsFebruary 1999
136Transfers of Assets to a Not-for-Profit Organization or Charitable Trust That Raises or Holds Contributions for OthersJune 1999
137Accounting for Derivative Instruments and Hedging Activities—Deferral of the Effective Date of FASB Statement No. 133—an amendment of FASB Statement No. 133June 1999
138Accounting for Certain Derivative Instruments and Certain Hedging Activities-an amendment of FASB Statement No. 133June 2000
139Rescission of FASB Statement No. 53 and amendments to FASB Statements No. 63, 89, and 121June 2000
140[1]Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities-a replacement of FASB Statement No. 125September 2000Amended by SFAS No. 155 and No. 156
141Business CombinationsJune 2001
141RBusiness Combinations (Acquisition Method)December 2007
142Goodwill and Other Intangible AssetsJune 2001
143Accounting for Asset Retirement ObligationsJune 2001
144Accounting for the Impairment or Disposal of Long-Lived AssetsAugust 2001
145Rescission of FASB Statements No. 4, 44, and 64, Amendment of FASB Statement No. 13, and Technical CorrectionsApril 2002
146Accounting for Costs Associated with Exit or Disposal ActivitiesJune 2002
147Acquisitions of Certain Financial Institutions—an amendment of FASB Statements No. 72 and 144 and FASB Interpretation No. 9October 2002
148Accounting for Stock-Based Compensation—Transition and Disclosure—an amendment of FASB Statement No. 123December 2002Superseded by FAS 123(R)
149Amendment of Statement 133 on Derivative Instruments and Hedging ActivitiesApril 2003
150Accounting for Certain Financial Instruments with Characteristics of both Liabilities and EquityMay 2003
151Inventory Costs—an amendment of ARB No. 43, Chapter 4November 2004
152Accounting for Real Estate Time-Sharing Transactions—an amendment of FASB Statements No. 66 and 67December 2004
153Exchanges of Non-monetary Assets—an amendment of APB Opinion No. 29December 2004
154Accounting Changes and Error Corrections—a replacement of APB Opinion No. 20 and FASB Statement No. 3May 2005
155Accounting for Certain Hybrid Financial Instruments—an amendment of FASB Statements No. 133 and 140February 2006
156Accounting for Servicing of Financial Assets—an amendment of FASB Statement No. 140March 2006
157Fair Value MeasurementsSeptember 2006
158Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans—an amendment of FASB Statements No. 87, 88, 106, and 132(R)September 2006
159The Fair Value Option for Financial Assets and Financial Liabilities—Including an amendment of FASB Statement No. 115February 2007
160Noncontrolling Interests in Consolidated Financial Statements—an amendment of ARB No. 51December 2007
161Disclosures about Derivative Instruments and Hedging Activities—an amendment of FASB Statement No. 133March 2008
162The Hierarchy of Generally Accepted Accounting PrinciplesMay 2008Superseded by SFAS No. 168
163Accounting for Financial Guarantee Insurance ContractsMay 2008
164Not-for-Profit Entities: Mergers and Acquisitions—Including an amendment of FASB Statement No. 142May 2009
165Subsequent EventsMay 2009
166Accounting for Transfers of Financial Assets—an amendment of FASB Statement No. 140June 2009
167Amendments to FASB Interpretation No. 46(R)June 2009
168The FASB Accounting Standards CodificationTM and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162June 2009

Statements of Financial Accounting Concepts[edit]

Statements of Financial Accounting Concepts are a part of the FASB conceptual framework project. They set fundamental objectives and concepts that FASB will use in developing future U.S. generally accepted accounting principles (GAAP), however, they are not a part of the US GAAP. To date, 7 Concept Statements have been issued. See List of Concept Statements at the FASB website for more information.

No.TitleIssue DateChanges
1Objectives of Financial Reporting by Business EnterprisesNovember 1978None
2Qualitative Characteristics of Accounting InformationMay 1980Paragraph 4 and footnote 2 superseded by Concept No. 6
3Elements of Financial Statements of Business EnterprisesDecember 1980Superseded by Concept No. 6, paragraph 2
4Objectives of Financial Reporting by Nonbusiness OrganizationsDecember 1980None
5Recognition and Measurement in Financial Statements of Business EnterprisesDecember 1984None
6Elements of Financial Statements replacement of FASB Concepts Statement No. 3(incorporating an amendment of FASB Concepts Statements No. 2 and 3)December 1985None
7Using Cash Flow Information and Present Value in Accounting MeasurementsFebruary 2000None

List of FASB Interpretations[edit]

FASB Interpretations extend or explain existing standards (primarily Statements of Financial Accounting Standards), and are considered part of U.S. Generally accepted accounting principles. As of September 2006, 48 interpretations have been published.

List of FASB Staff Positions[edit]

As of May 2009, FASB has 70 issued and active FSPs and lists 11 FSPs that have been superseded. See FASB Staff Positions for the current listing.

List of FASB Technical Bulletins[edit]

The list of FASB Technical Bulletins follows the list of Staff Positions on the FASB website; See the start of the listing at FASB Technical Bulletins.

External links[edit]