OPINIONS OF THE ACCOUNTING PRINCIPLES BOARD
28
Interim Financial Reporting
CONTENTS Paragraph
Numbers
Discussion 1-6
Opinion—Applicability 7-8
Opinion-Part I 9-29
Standards for Determining Interim
Financial Information 9-10
Revenue 11
Costs and Expenses 12
Costs Associated with Revenue 13-14
All Other Costs and Expenses 15-17
Seasonal Revenue, Costs, or Expenses 18
Income Tax Provisions 19-20
Disposal of a Segment of a Business and Extraordinary, Unusual, Infrequently Occurring and Contingent
Items 21-22
Accounting Changes 23-29
Opinion—Part II—Disclosure of Summarized Interim
Financial Data by Publicly Traded Companies 30-33
Effective Date 34-35
Issued by the Accounting Principles Board of the American Institute of Certified Public Accountants
COPYRIGHT 1973 BY THE AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS, INC. 666 FIFTH AVENUE, NEW YORK, NEW YORK 10019
May 1973
