Accounting Principles Board Opinions, Interpretations and Recommendations were published by the Accounting Principles Board from 1962 to 1973. The board was created by American Institute of Certified Public Accountants (AICPA) in 1959 and was replaced by Financial Accounting Standards Board (FASB) in 1973. Its mission was to develop an overall conceptual framework of US generally accepted accounting principles (US GAAP). APB was the main organization setting the US GAAP and its opinions are still an important part of it. All of the Opinions have been superseded in 2009 by FASB's Accounting Standards Codification.

+Opinions No. Title Issue Date Changes 1. New Depreciation Guidelines and Rules full-text Nov. 1962 Amended Parts deleted Superseded by FASB Statement 96, para. 203(b), and FASB Statement 109, para. 286(b) 2. Accounting for the "Investment Credit" full-text Dec. 1962 Amended Parts deleted or replaced 3. The Statement of Source and Application of Funds full-text Oct. 1963 Superseded by APB Opinion 19, para. 3 4. Accounting for the "Investment Credit" full-text Mar. 1964 None 5. Reporting of Leases in Financial Statements of Lessee full-text Sept. 1964 Amended Parts deleted Superseded by FASB Statement 13, para. 2 6. Status of Accounting Research Bulletins full-text Oct. 1965 Amended Many parts deleted 7. Accounting for Leases in Financial Statements of Lessors full-text May 1966 Amended Parts deleted Superseded by FASB Statement 13, para. 2 8. Accounting for the Cost of Pension Plans full-text Nov. 1966 Amended Parts deleted Superseded by FASB Statement 87, para. 9 9. Reporting the Results of Operations full-text Dec. 1966 Amended Many parts deleted 10. Omnibus Opinion-1966 full-text Dec. 1966 Amended Many parts deleted 11. Accounting for Income Taxes full-text Dec. 1967 Amended Parts deleted Superseded by FASB Statement 96, para. 203(c), and FASB Statement 109, para. 286(c) 12. Omnibus Opinion—1967 full-text Dec. 1967 Amended Parts deleted or replaced 13. Amending Para. 6 of APB Opinion Opinion No. 9, Application to Commercial Banks full-text Mar. 1969 None 14. Accounting for Convertible Debt and Debt Issued with Stock Purchase Warrants full-text Mar. 1969 None 15. Earnings per Share full-text May. 1969 Amended Parts deleted or replaced Superseded by FASB Statement 128, para. 160(a) 16. Business Combinations full-text Aug. 1970 Amended Parts deleted or replaced Superseded by FASB Statement 141, para. E1(a) 17. Intangible Assets full-text Aug. 1970 Amended Parts deleted Superseded by FASB Statement 142, para. D1(a) 18. The Equity Method of Accounting for Investments in Common Stock full-text Mar. 1971 Heavily amended Parts deleted or replaced 19. Reporting Changes in Financial Position full-text Mar. 1971 Amended Superseded by FASB Statement 95, para. 150 20. Accounting Changes full-text July. 1971 Heavily amended Parts deleted or replaced Superseded by FASB Statement 154, para. C1(a) 21. Interest on Receivables and Payables full-text Aug. 1971 Amended 22. Disclosure of Accounting Policies full-text Apr. 1972 Amended 23. Accounting for Income Taxes-Special Areas full-text Apr. 1972 Heavily amended Parts deleted or replaced 24. Accounting for Income Taxes—Investments in Common Stock Accounted for by the Equity Method (Other than Subsidiaries and Corporate Joint Ventures) full-text Apr. 1972 Parts deleted Superseded by FASB Statement 96, para. 203(d), and FASB Statement 109, para. 286(d) 25. Accounting for Stock Issued to Employees full-text Oct. 1972 Amended Parts deleted or replaced Superseded by FASB Statement 123r, para. D7 26. Early Extinguishment of Debt full-text Oct. 1972 Amended Parts replaced 27. Accounting for Lease Transactions by Manufacturer or Dealer Lessors full-text Nov. 1972 Superseded by FASB Statement 13, para. 2 28. Interim Financial Reporting full-text May. 1973 Heavily amended Parts replaced 29. Accounting for Nonmonetary Transactions full-text May. 1973 Amended Parts deleted, added, or replaced 30. Reporting the Results of Operations-Reporting the Effects of Disposal of a Segment of a Business, and Extraordinary, Unusual and Infrequently Occurring Events and Transactions full-text June. 1973 Heavily amended Parts deleted or replaced 31. Disclosure of Lease Commitments by Lessees full-text June. 1973 Superseded by FASB Statement 13, para. 2

+StatementsNo. Date Official title1 1962 April 13 Statement by the Accounting Principles Board. See also section 9001 of the final edition of the APB Accounting Principles, Volume 2, Original Pronouncements as of June 30, 1973.2 1967 September Disclosure of supplemental financial information by diversified companies full-text3 1969 June Financial statements restated for general price-level changes full-text4 1970 October Basic concepts and accounting principles underlying financial statements of business enterprises full-text +Original Pronouncements and Current TextDate Official title 1968 May 1 APB accounting principles: volume 1: Current text as of May 1, 1968 full-text 1968 May 1 APB accounting principles: volume 2: Original pronouncements as of May 1, 1968 full-text 1969 August 1 APB accounting principles: volume 1: Current text as of August 1, 1969 full-text 1969 August 1 APB accounting principles: volume 2: Original pronouncements as of August 1, 1969 full-text 1970 September 1 APB accounting principles: volume 1: Current text as of September 1, 1970 full-text 1970 September 1 APB accounting principles: volume 2: Original pronouncements as of September 1, 1970 full-text 1971 February 1 APB accounting principles: volume 1: Current text as of February 1, 1971 full-text 1971 February 1 APB accounting principles: volume 2: Original pronouncements as of February 1, 1971 full-text 1971 December 1 APB accounting principles: volume 1: Current text as of December 1, 1971 full-text 1971 December 1 APB accounting principles: volume 2: Original pronouncements as of December 1, 1971 full-text 1972 September 1 APB accounting principles: volume 1: Current text as of September 1, 1972 full-text 1972 September 1 APB accounting principles: volume 2: Original pronouncements as of September 1, 1972 full-text 1973 June 30 APB accounting principles: volume 1: Current text as of June 30, 1973 full-text 1973 June 30 APB accounting principles: volume 2: Original pronouncements as of June 30, 1973 full-text

Accounting Interpretations

The American Institute of Certified Public Accountants issued Accounting Interpretations between 1968 and November 1973, when the Financial Accounting Standards Board took over the issuing of interpretations in June 1974. The Interpretations were not considered pronouncements from the Accounting Principles Board, but Richard C. Lytle, the administrative director of the Accounting Principles Board, was responsible for their preparation. The Interpretations originally appeared in the Journal of Accountancy. For Interpretations see section 9551 of the final edition of the APB Accounting Principles, Volume 2, Original Pronouncements as of June 30, 1973. The interpretation numbers come from the Financial Accounting Board's Original Pronouncements as amended 2008/2009 Edition, volume 3. Also, consult this volume for detailed listing of amendments, deletions, and other changes to the individual interpretations prior to 2009 (when the Accounting Standards Codification was issued.) Also, consult Fasb Pre-Codification AICPA Copyrighted Standards for those Interpretations (AIN-APB 9, 18, 20, 21, 26, and 30) that were finally superseded by the Codification.

Date Official titleInterpretation No.Comments1970 July Computing earnings per share: Unofficial Accounting Interpretations of APB Opinion No. 15, Interpretations 1-101 AIN-APB15Superseded by FAS 1281971 March Compensation involved in stock option and stock purchase plans: Unofficial Accounting Interpretations of Accounting Research Bulletin No. 43, Chapter 13B, Interpretation 1 AIN-ARB43, Ch 13BSuperseded by APB 251971 February and April Reporting the results of operations: Unofficial Accounting Interpretations of APB Opinion No. 9, Interpretations 1 and 2 AIN-APB9Interpretation 2 deleted by FAS 1111972 March Accounting for income taxes: Unofficial Accounting Interpretations of APB Opinion No. 11, Interpretation 1 AIN-APB11Superseded by FAS 96 and 1091970 November Deferred compensation Contracts: Unofficial Accounting Interpretations, Interpretation No. 1 AIN-Key Man LifeSuperseded by FASB Technical Bulletin 85-41970 December-1971 April Business combinations: Unofficial Accounting Interpretations of APB Opinion No. 16, Interpretations 1-17 AIN-APB16Superseded by FAS 1411971 April; 1973 March Intangible assets: Unofficial Accounting Interpretations of APB Opinion No. 17, Interpretations 1-2 AIN-APB17Superseded by FAS 1421968 Accounting for the cost of pension plans: Unofficial Accounting Interpretations of APB Opinion No. 8, Interpretations 1-28 AIN-APB8Superseded by FAS 1111969-1972 March Accounting for income taxes: Accounting Interpretations of APB Opinion No. 11, Interpretations 2-25 AIN-APB11Superseded by FAS 96 and 1091971 September Computing earnings per share: Accounting Interpretations of APB Opinion No. 15, Interpretation 102 AIN-APB15Superseded by FAS 1281971 September and November Business combinations: Accounting Interpretations of APB Opinion No. 16, Interpretations 18-25 AIN-APB16Superseded by FAS 1411971 November Accounting for leases in financial statements of lessors: Accounting Interpretations of APB Opinion No. 7, Interpretation 1 AIN-APB7Superseded by FAS 1111971 November-1972 February Equity Method of Accounting for investments in common Stock: Accounting Interpretations of APB Opinion No. 18, Interpretations 1-3 AIN-APB18Amended by FAS 961972 February and June Reporting changes in financial position: Accounting Interpretations of APB Opinion No. 19, Interpretations 1-3 AIN-APB19Superseded by FAS 951972 February Accounting for the investment credit: Accounting Interpretations of APB Opinion No. 4, Interpretation 1 AIN-APB41972 February Consolidated financial statements: Accounting Interpretations of ARB No. 51, Interpretation 1 AIN-ARB51Superseded by FAS 1111971 December-1972 May 31 Business combinations: Accounting Interpretations of APB Opinion No. 16, Interpretations 26-36 AIN-APB16Superseded by FAS 1411972 March Accounting for investment credit: Accounting Interpretations of APB Opinion No. 4, Interpretations 2-6 AIN-APB4Interpretation 4 and 6 deleted by FAS 96; Interpretation 5 deleted by FAS 1111972 June Interest on receivables and payables: Accounting Interpretations of APB Opinion No. 21, Interpretation 1 AIN-APB211972 November-1973 March Business combinations: Accounting Interpretations of APB Opinion No. 16, Interpretations 37-39 AIN-APB16Superseded by FAS 1411973 March Accounting changes: Unofficial Accounting Interpretations of APB Opinion No. 20, Interpretations 1-2 AIN-APB20Superseded by FAS 1281973 March Accounting for income taxes—Special areas: Accounting Interpretations of APB Opinion No. 23, Interpretation 1 AIN-APB23Superseded by FAS 96 and 1091973 March Early extinguishment of debt: Unofficial Accounting Interpretations of APB Opinion No. 26, Interpretation 1 AIN-APB26Amended by FAS 1111973 June Accounting for stock issued to employees: Accounting Interpretations of APB Opinion No. 25, Interpretation 1 AIN-APB25Amended by FAS 196, 111, and 1231973 November Disclosure of accounting policies: Accounting Interpretations of APB Opinion No. 22, Interpretation 1 AIN-APB22Superseded by FAS 1111973 November Reporting the results of operations: Accounting Interpretations of APB Opinion No. 30, Interpretation 1 AIN-APB30

See also American Institute of Certified Public Accountants Financial Accounting Standards Board US GAAP AICPA Statements of Position