{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/205/954/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"205","topic_title":"Presentation of Financial Statements","subtopic":"205-954","subtopic_title":"Health Care Entities","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Complete Set of Financial Statements","paragraphs":[{"citation":"205-954-45-1","para":"45-1","html":"
The basic financial statements of health care entities consist of a balance sheet, a statement of operations, a statement of changes in equity (or net assets), a statement of cash flows, and notes to the financial statements.
","snippet":"The basic financial statements of health care entities consist of a balance sheet, a statement of operations, a statement of changes in equity (or net assets), a statement of cash flows, and notes to the financial statem…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c7867ed1c7df90dfaa69d5126e960fe0fe31115139cb8082ea2fca5eebd1b1b5","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},{"citation":"205-954-45-2","para":"45-2","html":"
The terms balance sheet and statement of operations indicate the content and purpose of the respective statements and serve as possible titles for those statements. Other appropriately descriptive titles may also be used. For example, a statement reporting financial position could be called a statement of financial position as well as a balance sheet. Current practice and purpose suggest, however, that a statement of cash flows only be titled Statement of Cash Flows.
","snippet":"The terms balance sheet and statement of operations indicate the content and purpose of the respective statements and serve as possible titles for those statements. Other appropriately descriptive titles may also be used…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:30aec240ff5a300d0689bf5ff9537bbddcc087aa0ccf4c511e9a25453b84049b","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},{"citation":"205-954-45-3","para":"45-3","html":"
Paragraph not used.
","snippet":"Paragraph not used.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ef76113aebcdbcc9d275e1c444071037f7a2fa412e19d8c20b4cb85b2a4e1b0f","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},{"citation":"205-954-45-4","para":"45-4","html":"
Paragraph not used.
","snippet":"Paragraph not used.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:71f88c7de01496bfde53c30051527542e00ab53c94181f546725c20b9fcec435","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},{"citation":"205-954-45-5","para":"45-5","html":"
Paragraph not used.
","snippet":"Paragraph not used.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:89e8515d77882170f1213e92f826568da9bd604c21eee934e31bf695f55ee8db","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},{"citation":"205-954-45-6","para":"45-6","html":"
Paragraph not used.
","snippet":"Paragraph not used.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2fdab9500885dba4338cf3002b9d32e06d3774ab9e30189824f86730dc1c886c","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},{"citation":"205-954-45-7","para":"45-7","html":"
Paragraph not used.
","snippet":"Paragraph not used.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c4935c99a1dd4ad82d23733a2a1b129d77a1ec7b1084ee4e0680f0820bfdc909","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},{"citation":"205-954-45-8","para":"45-8","html":"
Paragraph superseded by Accounting Standards Update No. 2016-14.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2016-14.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ca0df80646b643884aad19180bfb95b3f9cc7b7bda6564c775ce7501e7829b82","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},{"citation":"205-954-45-9","para":"45-9","html":"
Paragraph superseded by Accounting Standards Update No. 2016-14.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2016-14.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f9da6f4a9e3333b11380e362cc1435e1158eac3adb2f46271e8a19918773454d","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7ba465d99af67e39afe72989c6f7db2b2e18ef3e6f1d6e361de95a5cef030aca","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8513dd639f9f8f0168fc1f0b9043f3c1d328d0d70f6b07ce2dd215f2be48cbf8","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8513dd639f9f8f0168fc1f0b9043f3c1d328d0d70f6b07ce2dd215f2be48cbf8","downloaded_from":"2026-09-09T22:55:41.687Z","last_downloaded_at":"2026-09-09T22:55:41.687Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478645","source_sha256":"29e74998921e8f3fd76a50d10c1ad8958dca9c6707af04178b1df0c0d51cdf54"}}