2006 Pronouncements as Amended

Volume I as of June 30, 2006 (14.1 MB)

In addition to the pronouncements issued as of June 30, 2006 which are incorporated in Volume I above, users may be interested in the following pronouncements issued after June 30, 2006:

Archived 2004 Edition

Purpose of the Original Pronouncements – Volume I

The Original Pronouncements compiles and codifies the documents produced by the FASAB. It is designed to meet the needs of users for an authoritative reference to concepts, standards, interpretations, technical bulletins, technical releases, and other issuances. It contains extensive cross-referencing and indexing.

Organization of the Original Pronouncements

Original Pronouncements presents each issuance as a separate chapter. The issue date and effective date of each statement and standard are presented first. Next, references to relevant sections within Original Pronouncements such as later standards amending the section, or related interpretations, technical bulletins, and technical releases. In addition, each Original Pronouncement section includes references to the applicable Volume II sections.

Availability of Current Text – Volume II

In addition to the authoritative volume of Original Pronouncements, FASAB Staff provides a Current Text referred to as Volume II. Current Text presents the authoritative portions of the Original Pronouncements in a topical arrangement. For example, all the literature related to direct loans is presented together. The Current Text is a resource for preparers and auditors but is not an authoritative reference since it does not undergo Board level review for accuracy.