List of FASB pronouncements

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This article is a list of Financial Accounting Standards Board (FASB) pronouncements, which consist of Statements of Financial Accounting Standards ("SFAS" or simply "FAS"), Statements of Financial Accounting Concepts, Interpretations, Technical Bulletins, and Staff Positions, which together present rules and guidelines for preparing, presenting, and reporting financial statements within the United States according to generally accepted accounting principles ("GAAP") in the United States Of America, of which this list makes up a substantial part.

The SFAS have been superseded by the FASB Accounting Standards Codification (ASC).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 All existing accounting standards documents are superseded by the ASC.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. Title Issue Date Changes
1 Disclosure of Foreign Currency Translation Information December 1973 Superseded by FAS 8 & FAS 52
2 Accounting for Research and Development Costs October 1974
3 Reporting Accounting Changes in Interim Financial Statements March 1975 Replaced by SFAS No. 154
4 Reporting Gains and Losses from Extinguishment of Debt March 1975 Rescinded by SFAS No. 145
5 Accounting for Contingencies March 1975 Amended by SFAS No. 11, 112 and 114
6 Classification of Short-Term Obligations Expected to Be Refinanced May 1975
7 Accounting and Reporting by Development Stage Enterprises June 1975
8 Accounting for the Translation of Foreign Currency Transactions and Foreign Currency Financial Statement October 1975 Superseded by FAS 52
9 Accounting for Income Taxes: Oil and Gas Producing Companies October 1975 Superseded by FAS 19
10 Extension of "Grandfather" Provisions for Business Combinations October 1975 Superseded by FAS 141
11 Accounting for Contingencies: Transition Method—an amendment of FASB Statement No. 5 December 1975
12 Accounting for Certain Marketable Securities December 1975 Superseded by FAS 115
13 Accounting for Leases November 1976 Amended by SFAS No. 17, 22, 23, 26, 27, 28, 29, 91, 98 and 145
14 Financial Reporting for Segments of a Business Enterprise December 1976 Supserseded by FAS 131
15 Accounting by Debtors and Creditors for Troubled Debt Restructurings June 1977 Amended by SFAS No. 114
16 Prior Period Adjustments June 1977
17 Accounting for Leases: Initial Direct Costs—an amendment of FASB Statement No. 13 November 1977 Rescinded by SFAS No. 91
18 Financial Reporting for Segments of a Business Enterprise: Interim Financial Statements—an amendment of FASB Statement No. 14 November 1977 Superseded by FAS 131
19 Financial Accounting and Reporting by Oil and Gas Producing Companies December 1977 Amended by SFAS No. 25 and 69
20 Accounting for Forward Exchange Contracts—an amendment of FASB Statement No. 8 December 1977 Superseded by FAS 52
21 Suspension of the Reporting of Earnings per Share and Segment Information by Nonpublic Enterprises—an amendment of APB Opinion No. 15 and FASB Statement No. 14 April 1978 Superseded by FAS 131
22 Changes in the Provisions of Lease Agreements Resulting from Refundings of Tax-Exempt Debt—an amendment of FASB Statement No. 13 June 1978
23 Inception of the Lease—an amendment of FASB Statement No. 13 August 1978
24 Reporting Segment Information in Financial Statements That Are Presented in Another Enterprise's Financial Report—an amendment of FASB Statement No. 14 December 1978 Superseded by FAS 131
25 Suspension of Certain Accounting Requirements for Oil and Gas Producing Companies—an amendment of FASB Statement No. 19 February 1979 Amended by SFAS No. 69
26 Profit Recognition on Sales-Type Leases of Real Estate—an amendment of FASB Statement No. 13 April 1979 Rescinded by SFAS No. 98
27 Classification of Renewals or Extensions of Existing Sales-Type or Direct Financing Leases—an amendment of FASB Statement No. 13 May 1979
28 Accounting for Sales with Leasebacks—an amendment of FASB Statement No. 13 May 1979
29 Determining Contingent Rentals—an amendment of FASB Statement No. 13 June 1979
30 Disclosure of Information about Major Customers—an amendment of FASB Statement No. 14 August 1979 Superseded by FAS 131
31 Accounting for Tax Benefits Related to U.K. Tax Legislation Concerning Stock Relief September 1979 Superseded by FAS 96
32 Specialized Accounting and Reporting Principles and Practices in AICPA Statements of Position and Guides on Accounting and Auditing Matters—an amendment of APB Opinion No. 20 September 1979 Rescinded by SFAS No. 111
33 Financial Reporting and Changing Prices September 1979 Superseded by FAS 89
34 Capitalization of Interest Cost October 1979 Amended by SFAS No. 42, 58 and 62
35 Accounting and Reporting by Defined Benefit Pension Plans March 1980 Amended by SFAS No. 59, 75 and 110
36 Disclosure of Pension Information—an amendment of APB Opinion No. 8 May 1980 Superseded by FAS 87
37 Balance Sheet Classification of Deferred Income Taxes—an amendment of APB Opinion No. 11 July 1980
38 Accounting for Preacquisition Contingencies of Purchased Enterprises—an amendment of APB Opinion No. 16 September 1980 Superseded by FAS 141
39 Financial Reporting and Changing Prices: Specialized Assets-Mining and Oil and Gas—a supplement to FASB Statement No. 33 October 1980 Superseded by FAS 89
40 Financial Reporting and Changing Prices: Specialized Assets-Timberlands and Growing Timber—a supplement to FASB Statement No. 33 November 1980 Superseded by FAS 89
41 Financial Reporting and Changing Prices: Specialized Assets-Income-Producing Real Estate—a supplement to FASB Statement No. 33 November 1980 Superseded by FAS 89
42 Determining Materiality for Capitalization of Interest Cost—an amendment of FASB Statement No. 34 November 1980
43 Accounting for Compensated Absences November 1980
44 Accounting for Intangible Assets of Motor Carriers—an amendment of Chapter 5 of ARB No. 43 and an interpretation of APB Opinions 17 and 30 December 1980 Rescinded by SFAS No. 145
45 Accounting for Franchise Fee Revenue March 1981 Amended by SFAS No. 112
46 Financial Reporting and Changing Prices: Motion Picture Films March 1981 Superseded by FAS 89
47 Disclosure of Long-Term Obligations
48 Revenue Recognition When Right of Return Exists June 1981
49 Accounting for Product Financing Arrangements June 1981
50 Financial Reporting in the Record and Music Industry November 1981
51 Financial Reporting by Cable Television Companies November 1981
52 Foreign Currency Translation December 1981
53 Financial Reporting by Producers and Distributors of Motion Picture Films December 1981 Rescinded by SFAS No. 139
54 Financial Reporting and Changing Prices: Investment Companies—an amendment of FASB Statement No. 33 January 1982 Superseded by FAS 89
55 Determining whether a Convertible Security is a Common Stock Equivalent—an amendment of APB Opinion No. 15 February 1982 Superseded by FAS 111
56 Designation 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. 32 February 1982 Superseded by FAS 111
57 Related Party Disclosures March 1982
58 Capitalization of Interest Cost in Financial Statements That Include Investments Accounted for by the Equity Method—an amendment of FASB Statement No. 34 April 1982
59 Deferral of the Effective Date of Certain Accounting Requirements for Pension Plans of State and Local Governmental Units—an amendment of FASB Statement No. 35 April 1982 Superseded by FAS 75
60 Accounting and Reporting by Insurance Enterprises June 1982 Amended by SFAS No. 91 and 120
61 Accounting for Title Plant June 1982
62 Capitalization of Interest Cost in Situations Involving Certain Tax-Exempt Borrowings and Certain Gifts and Grants—an amendment of FASB Statement No. 34 June 1982
63 Financial Reporting by Broadcasters June 1982 Amended by SFAS No. 139
64 Extinguishments of Debt Made to Satisfy Sinking-Fund Requirements—an amendment of FASB Statement No. 4 September 1982 Rescinded by SFAS No. 145
65 Accounting for Certain Mortgage Banking Activities September 1982 Amended by SFAS No. 91, 122, and 134
66 Accounting for Sales of Real Estate October 1982 Amended by SFAS No. 98 and 152
67 Accounting for Costs and Initial Rental Operations of Real Estate Projects October 1982 Amended by SFAS No. 152
68 Research and Development Arrangements October 1982
69 Disclosures about Oil and Gas Producing Activities—an amendment of FASB Statements 19, 25, 33, and 39 November 1982
70 Financial Reporting and Changing Prices: Foreign Currency Translation—an amendment of FASB Statement No. 33 December 1982 Superseded by FAS 89
71 Accounting for the Effects of Certain Types of Regulation December 1982 Amended by SFAS No. 90 and 92
72 Accounting 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. 9 February 1983 Rescinded by SFAS No. 147
73 Reporting a Change in Accounting for Railroad Track Structures—an amendment of APB Opinion No. 20 August 1983 Superseded by FAS 154
74 Accounting for Special Termination Benefits Paid to Employees August 1983 Superseded by FAS 88
75 Deferral of the Effective Date of Certain Accounting Requirements for Pension Plans of State and Local Governmental Units—an amendment of FASB Statement No. 35 November 1983 Rescinded by SFAS No. 135
76 Extinguishment of Debt-an amendment of APB Opinion No. 26 November 1983 Superseded by FAS 125
77 Reporting by Transferors for Transfers of Receivables with Recourse December 1983 Superseded by FAS 125
78 Classification of Obligations That Are Callable by the Creditor—an amendment of ARB No. 43, Chapter 3A December 1983
79 Elimination of Certain Disclosures for Business Combinations by Nonpublic Enterprises—an amendment of APB Opinion No. 16 February 1984 Superseded by FAS 141
80 Accounting for Futures Contracts August 1984 Superseded by FAS 133
81 Disclosure of Postretirement Health Care and Life Insurance Benefits November 1984 Superseded by FAS 106
82 Financial Reporting and Changing Prices: Elimination of Certain Disclosures—an amendment of FASB Statement No. 33 November 1984 Superseded by FAS 89
83 Designation 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. 10 March 1985 Superseded by FAS 111
84 Induced Conversions of Convertible Debt—an amendment of APB Opinion No. 26 March 1985
85 Yield Test for Determining whether a Convertible Security is a Common Stock Equivalent—an amendment of APB Opinion No. 15 March 1985 Superseded by FAS 128
86 Accounting for the Costs of Computer Software to Be Sold, Leased, or Otherwise Marketed August 1985
87 Employers' Accounting for Pensions December 1985 Amended by SFAS No. 132R and No. 158
88 Employers' Accounting for Settlements and Curtailments of Defined Benefit Pension Plans and for Termination Benefits December 1985 Amended by SFAS No. 132R and No. 158
89 Financial Reporting and Changing Prices December 1986 Amended by SFAS No. 139
90 Regulated Enterprises-Accounting for Abandonments and Disallowances of Plant Costs—an amendment of FASB Statement No. 71 December 1986
91 Accounting 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. 17 December 1986 Amended by SFAS No. 98
92 Regulated Enterprises-Accounting for Phase-in Plans—an amendment of FASB Statement No. 71 August 1987
93 Recognition of Depreciation by Not-for-Profit Organizations August 1987 Amended by SFAS No. 99
94 Consolidation of All Majority-owned Subsidiaries—an amendment of ARB No. 51, with related amendments of APB Opinion No. 18 and ARB No. 43, Chapter 12 October 1987
95 Statement of Cash Flows November 1987 Amended by SFAS No. 102 and 104
96 Accounting for Income Taxes December 1987 Superseded by FAS 109
97 Accounting and Reporting by Insurance Enterprises for Certain Long-Duration Contracts and for Realized Gains and Losses from the Sale of Investments December 1987 Amended by SFAS No. 120
98 Accounting 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. 79-11 May 1988
99 Deferral of the Effective Date of Recognition of Depreciation by Not-for-Profit Organizations—an amendment of FASB Statement No. 93 September 1988
100 Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No. 96—an amendment of FASB Statement No. 96 December 1988 Superseded by FAS 103
101 Regulated Enterprises-Accounting for the Discontinuation of Application of FASB Statement No. 71 December 1988
102 Statement of Cash Flows-Exemption of Certain Enterprises and Classification of Cash Flows from Certain Securities Acquired for Resale—an amendment of FASB Statement No. 95 February 1989
103 Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No. 96—an amendment of FASB Statement No. 96 December 1989 Superseded by FAS 108
104 Statement 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. 95 December 1989
105 Disclosure of Information about Financial Instruments with Off-Balance-Sheet Risk and Financial Instruments with Concentrations of Credit Risk March 1990 Superseded by FAS 133
106 Employers' Accounting for Postretirement Benefits Other Than Pensions December 1990 Amended by SFAS No. 132R and No. 158
107 Disclosures about Fair Value of Financial Instruments December 1991 Amended by SFAS No. 126
108 Accounting for Income Taxes-Deferral of the Effective Date of FASB Statement No. 96—an amendment of FASB Statement No. 96 December 1991 Superseded by FAS 109
109 Accounting for Income Taxes February 1992
110 Reporting by Defined Benefit Pension Plans of Investment Contracts—an amendment of FASB Statement No. 35 August 1992
111 Rescission of FASB Statement No. 32 and Technical Corrections November 1992
112 Employers' Accounting for Postemployment Benefits—an amendment of FASB Statements No. 5 and 43 November 1992
113 Accounting and Reporting for Reinsurance of Short-Duration and Long-Duration Contracts December 1992 Amended by SFAS No. 120
114 Accounting by Creditors for Impairment of a Loan—an amendment of FASB Statements No. 5 and 15 May 1993 Amended by SFAS No. 118
115 Accounting for Certain Investments in Debt and Equity Securities May 1993 Amended by SFAS No. 159
116 Accounting for Contributions Received and Contributions Made June 1993
117 Financial Statements of Not-for-Profit Organizations June 1993
118 Accounting by Creditors for Impairment of a Loan-Income Recognition and Disclosures—an amendment of FASB Statement No. 114 October 1994
119 Disclosure about Derivative Financial Instruments and Fair Value of Financial Instruments October 1994 Superseded by FAS 133
120 Accounting 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. 40 January 1995
121 Accounting for the Impairment of Long-Lived Assets and for Long-Lived Assets to Be Disposed Of March 1995 Superseded by FAS 144
122 Accounting for Mortgage Servicing Rights—an amendment of FASB Statement No. 65 May 1995 Superseded by FAS 125
123 Accounting for Stock-Based Compensation October 1995 Revised and re-issued in December 2004
123R Share-Based Payment December 2004
124 Accounting for Certain Investments Held by Not-for-Profit Organizations November 1995
125 Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities June 1996 Replaced by SFAS No. 140
126 Exemption from Certain Required Disclosures about Financial Instruments for Certain Nonpublic Entities—an amendment to FASB Statement No. 107 December 1996
127 Deferral of the Effective Date of Certain Provisions of FASB Statement No. 125—an amendment to FASB Statement No. 125 December 1996 Superseded by FAS 140
128 Earnings per Share February 1997 Amended by SFAS 150 and SFAS 160
129 Disclosure of Information about Capital Structure February 1997
130 Reporting Comprehensive Income June 1997
131 Disclosures about Segments of an Enterprise and Related Information June 1997
132 Employers' Disclosures about Pensions and Other Postretirement Benefits—an amendment of FASB Statements No. 87, 88, and 106 February 1998 Revised and re-issued in December 2003
132R Employers' Disclosures about Pensions and Other Postretirement Benefits—an amendment of FASB Statements No. 87, 88, and 106 December 2003 Amended by SFAS No. 158
133 Accounting for Derivative Instruments and Hedging Activities June 1998 Amended by SFAS No. 137, 138, 155, 161 and FSP FAS 133-1 & FIN 45-4
134 Accounting 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. 65 October 1998
135 Rescission of FASB Statement No. 75 and Technical Corrections February 1999
136 Transfers of Assets to a Not-for-Profit Organization or Charitable Trust That Raises or Holds Contributions for Others June 1999
137 Accounting for Derivative Instruments and Hedging Activities—Deferral of the Effective Date of FASB Statement No. 133—an amendment of FASB Statement No. 133 June 1999
138 Accounting for Certain Derivative Instruments and Certain Hedging Activities-an amendment of FASB Statement No. 133 June 2000
139 Rescission of FASB Statement No. 53 and amendments to FASB Statements No. 63, 89, and 121 June 2000
140[1] Accounting for Transfers and Servicing of Financial Assets and Extinguishments of Liabilities-a replacement of FASB Statement No. 125 September 2000 Amended by SFAS No. 155 and No. 156
141 Business Combinations June 2001
141R Business Combinations (Acquisition Method) December 2007
142 Goodwill and Other Intangible Assets June 2001
143 Accounting for Asset Retirement Obligations June 2001
144 Accounting for the Impairment or Disposal of Long-Lived Assets August 2001
145 Rescission of FASB Statements No. 4, 44, and 64, Amendment of FASB Statement No. 13, and Technical Corrections April 2002
146 Accounting for Costs Associated with Exit or Disposal Activities June 2002
147 Acquisitions of Certain Financial Institutions—an amendment of FASB Statements No. 72 and 144 and FASB Interpretation No. 9 October 2002
148 Accounting for Stock-Based Compensation—Transition and Disclosure—an amendment of FASB Statement No. 123 December 2002 Superseded by FAS 123(R)
149 Amendment of Statement 133 on Derivative Instruments and Hedging Activities April 2003
150 Accounting for Certain Financial Instruments with Characteristics of both Liabilities and Equity May 2003
151 Inventory Costs—an amendment of ARB No. 43, Chapter 4 November 2004
152 Accounting for Real Estate Time-Sharing Transactions—an amendment of FASB Statements No. 66 and 67 December 2004
153 Exchanges of Non-monetary Assets—an amendment of APB Opinion No. 29 December 2004
154 Accounting Changes and Error Corrections—a replacement of APB Opinion No. 20 and FASB Statement No. 3 May 2005
155 Accounting for Certain Hybrid Financial Instruments—an amendment of FASB Statements No. 133 and 140 February 2006
156 Accounting for Servicing of Financial Assets—an amendment of FASB Statement No. 140 March 2006
157 Fair Value Measurements September 2006
158 Employers’ Accounting for Defined Benefit Pension and Other Postretirement Plans—an amendment of FASB Statements No. 87, 88, 106, and 132(R) September 2006
159 The Fair Value Option for Financial Assets and Financial Liabilities—Including an amendment of FASB Statement No. 115 February 2007
160 Noncontrolling Interests in Consolidated Financial Statements—an amendment of ARB No. 51 December 2007
161 Disclosures about Derivative Instruments and Hedging Activities—an amendment of FASB Statement No. 133 March 2008
162 The Hierarchy of Generally Accepted Accounting Principles May 2008 Superseded by SFAS No. 168
163 Accounting for Financial Guarantee Insurance Contracts May 2008
164 Not-for-Profit Entities: Mergers and Acquisitions—Including an amendment of FASB Statement No. 142 May 2009
165 Subsequent Events May 2009
166 Accounting for Transfers of Financial Assets—an amendment of FASB Statement No. 140 June 2009
167 Amendments to FASB Interpretation No. 46(R) June 2009
168 The FASB Accounting Standards CodificationTM and the Hierarchy of Generally Accepted Accounting Principles—a replacement of FASB Statement No. 162 June 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. Title Issue Date Changes
1 Objectives of Financial Reporting by Business Enterprises November 1978 None
2 Qualitative Characteristics of Accounting Information May 1980 Paragraph 4 and footnote 2 superseded by Concept No. 6
3 Elements of Financial Statements of Business Enterprises December 1980 Superseded by Concept No. 6, paragraph 2
4 Objectives of Financial Reporting by Nonbusiness Organizations December 1980 None
5 Recognition and Measurement in Financial Statements of Business Enterprises December 1984 None
6 Elements of Financial Statements replacement of FASB Concepts Statement No. 3(incorporating an amendment of FASB Concepts Statements No. 2 and 3) December 1985 None
7 Using Cash Flow Information and Present Value in Accounting Measurements February 2000 None

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]