{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/210/20/#00-status","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":"210","topic_title":"Balance Sheet","subtopic":"210-20","subtopic_title":"Offsetting","section":{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"210-20-00-1","para":"00-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following table identifies the changes made to this Subtopic.</div><div class=\"norm-text\"><table class=\"asc-table\" id=\"SL20226338-159041\"><tr><td class=\"entry\"><strong class=\"ph b\">Paragraph</strong></td><td class=\"entry\"><strong class=\"ph b\">Action</strong></td><td class=\"entry\"><strong class=\"ph b\">Accounting Standards Update</strong></td><td class=\"entry\"><strong class=\"ph b\">Date</strong></td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/glossary/c/#cash\" class=\"term\" title=\"Consistent with common usage, cash includes not only currency on hand but demand deposits with banks or other financial institutions. Cash also includes other kinds of accounts that have the general characteristics of demand deposits in that the customer may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. All charges and credits to those accounts are cash receipts or payments to both the entity owning the account and the bank holding it. For example, a bank's granting of a loan by crediting the proceeds to a customer's demand deposit account is a cash payment by the bank and a cash receipt of the customer when the entry is made.\"><span>Cash</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2012-04/\" class=\"xref\">Accounting Standards Update No. 2012-04</a></td><td class=\"entry\">10/01/2012</td></tr><tr><td class=\"entry\"><a href=\"/glossary/c/#commencement-date-of-the-lease-commencement-date\" class=\"term\" title=\"The date on which a lessor makes an underlying asset available for use by a lessee. See paragraphs 842-10-55-19842-10-55-20842-10-55-21 for implementation guidance on the commencement date.\"><span>Commencement Date of the Lease (Commencement Date)</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"><a href=\"/glossary/c/#contract\" class=\"term\" title=\"An agreement between two or more parties that creates enforceable rights and obligations.\"><span>Contract</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"><a href=\"/glossary/l/#lease\" class=\"term\" title=\"A contract, or part of a contract, that conveys the right to control the use of identified property, plant, or equipment (an identified asset) for a period of time in exchange for consideration.\"><span>Lease</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"><a href=\"/glossary/l/#lessee\" class=\"term\" title=\"An entity that enters into a contract to obtain the right to use an underlying asset for a period of time in exchange for consideration.\"><span>Lessee</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"><a href=\"/glossary/l/#lessor\" class=\"term\" title=\"An entity that enters into a contract to provide the right to use an underlying asset for a period of time in exchange for consideration.\"><span>Lessor</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"><a href=\"/glossary/l/#leveraged-lease\" class=\"term\" title=\"From the perspective of a lessor, a lease that was classified as a leveraged lease in accordance with the leases guidance in effect before the effective date and for which the commencement date is before the effective date.\"><span>Leveraged Lease</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"><a href=\"/glossary/r/#repurchase-agreement-accounted-for-as-a-collateralized-borrowing\" class=\"term\" title=\"A repurchase agreement (repo) refers to a transaction in which a seller-borrower of securities sells those securities to a buyer-lender with an agreement to repurchase them at a stated price plus interest at a specified date or in specified circumstances. A repurchase agreement accounted for as a collateralized borrowing is a repo that does not qualify for sale accounting under Topic 860. The payable under a repurchase agreement accounted for as a collateralized borrowing refers to the amount of the seller-borrower's obligation recognized for the future repurchase of the securities from the buyer-lender. In certain industries, the terminology is reversed; that is, entities in those industries refer to this type of agreement as a reverse repo.\"><span>Repurchase Agreement Accounted for as a Collateralized Borrowing</span></a> (formerly <strong class=\"ph b\">Repurchase Agreement</strong> [2nd def.])</td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"><strong class=\"ph b\">Repurchase Agreement</strong> (2nd def)</td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"><a href=\"/glossary/r/#reverse-repurchase-agreement-accounted-for-as-a-collateralized-borrowing\" class=\"term\" title=\"A reverse repurchase agreement accounted for as a collateralized borrowing (also known as a reverse repo) refers to a transaction that is accounted for as a collateralized lending in which a buyer-lender buys securities with an agreement to resell them to the seller-borrower at a stated price plus interest at a specified date or in specified circumstances. The receivable under a reverse repurchase agreement accounted for as a collateralized borrowing refers to the amount due from the seller-borrower for the repurchase of the securities from the buyer-lender. In certain industries, the terminology is reversed; that is, entities in those industries refer to this type of agreement as a repo.\"><span>Reverse Repurchase Agreement Accounted for as a Collateralized Borrowing</span></a> (formerly<strong class=\"ph b\"> Reverse Repurchase Agreement</strong>)</td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"><strong class=\"ph b\">Reverse Repurchase Agreement</strong></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"><a href=\"/glossary/u/#underlying-asset\" class=\"term\" title=\"An asset that is the subject of a lease for which a right to use that asset has been conveyed to a lessee. The underlying asset could be a physically distinct portion of a single asset.\"><span>Underlying Asset</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-05-3\" class=\"xref\">210-20-05-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-15-3\" class=\"xref\">210-20-15-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/asc-pdf/GUID-EB56EA6C-A38A-4126-8CF8-B6241EA754EF.pdf\" class=\"pdf-link\" target=\"_blank\" rel=\"noopener\">Maintenance Update 2017-21 (PDF)</a></td><td class=\"entry\">12/22/2017</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-15-3\" class=\"xref\">210-20-15-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-15-3\" class=\"xref\">210-20-15-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2013-11/\" class=\"xref\">Accounting Standards Update No. 2013-11</a></td><td class=\"entry\">07/18/2013</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-15-3\" class=\"xref\">210-20-15-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2012-04/\" class=\"xref\">Accounting Standards Update No. 2012-04</a></td><td class=\"entry\">10/01/2012</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-45-11\" class=\"xref\">210-20-45-11</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"><div class=\"xref-range displayInline\"><a href=\"/asc/210/20/#210-20-50-1\" class=\"xref\">210-20-50-1 through 50-5</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2025-11/\" class=\"xref\">Accounting Standards Update No. 2025-11</a></td><td class=\"entry\">12/08/2025</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-50-1\" class=\"xref\">210-20-50-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2014-06/\" class=\"xref\">Accounting Standards Update No. 2014-06</a></td><td class=\"entry\">03/14/2014</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-50-1\" class=\"xref\">210-20-50-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2013-01/\" class=\"xref\">Accounting Standards Update No. 2013-01</a></td><td class=\"entry\">01/31/2013</td></tr><tr><td class=\"entry\"><div class=\"xref-range displayInline\"><a href=\"/asc/210/20/#210-20-50-1\" class=\"xref\">210-20-50-1 through 50-6</a></div></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2011-11/\" class=\"xref\">Accounting Standards Update No. 2011-11</a></td><td class=\"entry\">12/16/2011</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-50-2\" class=\"xref\">210-20-50-2</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2013-01/\" class=\"xref\">Accounting Standards Update No. 2013-01</a></td><td class=\"entry\">01/31/2013</td></tr><tr><td class=\"entry\"><div class=\"xref-range displayInline\"><a href=\"/asc/210/20/#210-20-55-1\" class=\"xref\">210-20-55-1 through 55-22</a></div></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2011-11/\" class=\"xref\">Accounting Standards Update No. 2011-11</a></td><td class=\"entry\">12/16/2011</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-55-2\" class=\"xref\">210-20-55-2 through 55-5</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2013-01/\" class=\"xref\">Accounting Standards Update No. 2013-01</a></td><td class=\"entry\">01/31/2013</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-55-7\" class=\"xref\">210-20-55-7</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2013-01/\" class=\"xref\">Accounting Standards Update No. 2013-01</a></td><td class=\"entry\">01/31/2013</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-55-10A\" class=\"xref\">210-20-55-10A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2013-01/\" class=\"xref\">Accounting Standards Update No. 2013-01</a></td><td class=\"entry\">01/31/2013</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-55-18A\" class=\"xref\">210-20-55-18A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2012-04/\" class=\"xref\">Accounting Standards Update No. 2012-04</a></td><td class=\"entry\">10/01/2012</td></tr><tr><td class=\"entry\"><div class=\"xref-range displayInline\"><a href=\"/asc/210/20/#210-20-55-20\" class=\"xref\">210-20-55-20 through 55-22</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2013-01/\" class=\"xref\">Accounting Standards Update No. 2013-01</a></td><td class=\"entry\">01/31/2013</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-55-22\" class=\"xref\">210-20-55-22</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2016-19/\" class=\"xref\">Accounting Standards Update No. 2016-19</a></td><td class=\"entry\">12/14/2016</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-60-3\" class=\"xref\">210-20-60-3</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2013-11/\" class=\"xref\">Accounting Standards Update No. 2013-11</a></td><td class=\"entry\">07/18/2013</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-60-3A\" class=\"xref\">210-20-60-3A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2012-04/\" class=\"xref\">Accounting Standards Update No. 2012-04</a></td><td class=\"entry\">10/01/2012</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-60-4\" class=\"xref\">210-20-60-4</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2016-02/\" class=\"xref\">Accounting Standards Update No. 2016-02</a></td><td class=\"entry\">02/25/2016</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-60-7\" class=\"xref\">210-20-60-7</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/asc-pdf/GUID-EB56EA6C-A38A-4126-8CF8-B6241EA754EF.pdf\" class=\"pdf-link\" target=\"_blank\" rel=\"noopener\">Maintenance Update 2017-21 (PDF)</a></td><td class=\"entry\">12/22/2017</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-65-1\" class=\"xref\">210-20-65-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2013-01/\" class=\"xref\">Accounting Standards Update No. 2013-01</a></td><td class=\"entry\">01/31/2013</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-65-1\" class=\"xref\">210-20-65-1</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2011-11/\" class=\"xref\">Accounting Standards Update No. 2011-11</a></td><td class=\"entry\">12/16/2011</td></tr><tr><td class=\"entry\"><a href=\"/asc/210/20/#210-20-65-2\" class=\"xref\">210-20-65-2</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2013-01/\" class=\"xref\">Accounting Standards Update No. 2013-01</a></td><td class=\"entry\">01/31/2013</td></tr></table></div></div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nCash | Added | Accounting Standards Update No. 2012-04 | 10/01/2012 |\nCommencement Date …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:60ba80a0f6eec328d08512e64579bc4aead5d4ef1ba42113694ef1383473c7ec","downloaded_from":"2026-09-09T22:59:04.667Z","last_downloaded_at":"2026-09-09T22:59:04.667Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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