Fixed assets liquidating current assests
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Although the historical government solution to unsustainable government debt loads has always been the destruction of the debts by currency depreciation and eventual hyperinflation, there is always an intermediate step used to buy more time for the politicians in power.
04-5 (Issue Date July 14, 2005) [Full Text] [Status] FSP SOP 90-7-1—An Amendment of AICPA Statement of Position 90-7 (Issue Date February 14, 2008) [As Amended] [Full Text] [Status] Superseded FSPs FSP FAS 106-1—Accounting and Disclosure Requirements Related to the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (Issue Date January 12, 2004) (Superseded by FSP FAS 106-2, paragraph 2) [Full Text] [Status] FSP FIN 46-1—Applicability of FASB Interpretation No.
46 to Entities Subject to the AICPA Audit and Accounting Guide, (Issue Date July 24, 2003) (Updated as of December 24, 2003) [Full Text] [Status] FSP FIN 46-2—Reporting Variable Interests in Specified Assets of Variable Interest Entities as Separate Variable Interest Entities under Paragraph 13 of FASB Interpretation No.
This issue commonly arises in leasing arrangements among related parties, and in other types of arrangements involving related parties and previously unrelated parties.) (Issue Date March 27, 2006) [Full Text] [Status] FSP EITF 85-24-1—Application of EITF Issue No.
85-24 When Cash for the Right to Future Distribution Fees for Shares Previously Sold Is Received from Third Parties (Issue Date June 16, 2008) [Full Text] [Status] FSP AAG INV-1 and SOP 94-4-1—Reporting of Fully Benefit-Responsive Investment Contracts Held by Certain Investment Companies Subject to the AICPA Investment Company Guide and Defined-Contribution Health and Welfare and Pension Plans (Issue Date September 8, 2006) [Full Text] [Status] FSP SOP 78-9-1—Interaction of AICPA Statement of Position 78-9 and EITF Issue No.