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This proposed statement of position (SOP) would formally rescind Accounting Principles Board (APB) Statements 1 through 4, which do not have standing as rules or standards required to be observed by members of the Institute by rule 203 of the Code of Professional Conduct and have been substantially superseded by subsequent pronouncements of the Financial Accounting Standards Board. THIS PROPOSED SOP WILL NOT AFFECT APB OPINIONS, WHICH ARE SEPARATE AND DISTINCT FROM APB STATEMENTS.
Accounting -- Standards -- United States; American Institute of Certified Public Accountants. Accounting Principles Board; Accounting Principles Board (American Institute of Certified Public Accountants)
Accounting | Taxation
American Institute of Certified Public Accountants. Accounting Standards Executive Committee, "Proposed statement of position : Rescission of Accounting Principles Board statements ;Rescission of Accounting Principles Board statements" (1992). Statements of Position. 572.