# ASC 205-10-S55: Presentation of Financial Statements — Overall — SEC 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/205/10/#sec-55-implementation-guidance-and-illustrations)

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## ASC 205-10-S55: SEC 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/205/10/#sec-55-implementation-guidance-and-illustrations)

SEC content: yes

#### Parent Entity Disclosures and Supplemental Schedules

##### [205-10-S55-1](https://asc.understandingaccounting.org/asc/205/10/#205-10-S55-1)

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See paragraph [235-10-S99-1](https://asc.understandingaccounting.org/asc/235/10/#235-10-S99-1), Regulation S-X Rule 4-08(e)(3), for requirements for computation of [restricted net assets](https://asc.understandingaccounting.org/glossary/r/#restricted-net-assets "See paragraph 235-10-S99-1, Regulation S-X Rule 4-08(e)(3), for definition of restricted net assets for purposes of the restricted net asset test.").

##### [205-10-S55-2](https://asc.understandingaccounting.org/asc/205/10/#205-10-S55-2)

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See paragraph [205-10-S99-8](https://asc.understandingaccounting.org/asc/205/10/#205-10-S99-8), SAB Topic 6.K.2, for SEC Staff views on the computation of restricted net assets of subsidiaries and application of tests for parent entity disclosures.