{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/220/20/#50-disclosure","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":"220","topic_title":"Income Statement—Reporting Comprehensive Income","subtopic":"220-20","subtopic_title":"Unusual or Infrequently Occurring Items","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"Unusual or Infrequently Occurring Items","paragraphs":[{"citation":"220-20-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_71BD92A7-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The nature and financial effects of each event or transaction that is unusual in nature or occurs infrequently </span></span><span class=\"sfragment\" id=\"sfr_71BD9400-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">or both shall be presented as a separate component of income from continuing operations or, alternatively, disclosed in notes to the financial statements. </span></span></div><div class=\"div pending-text\" id=\"SL114871942-224233__GUID-5C91AC77-F712-40F9-8099-5224494027A1\"><div class=\"div date-effective\"><span class=\"transition-header\">Transition date:</span><span class=\"p-alphabet\">(P) December 16, 2027; (N) December 16, 2028</span><span class=\"transition-header pipe-separator\">Transition guidance:</span></div><a href=\"/asc/270/10/#270-10-65-1\" class=\"xref\">270-10-65-1</a><span class=\"sfragment\" id=\"GUID-4171A7A7-38B1-42AC-9E7B-D43D42CF898C\"><span class=\"sfragment-source\">The nature and financial effects of each event or transaction that is unusual in nature or occurs infrequently </span></span><span class=\"sfragment\" id=\"GUID-4351A552-2A1E-4DCA-B2B9-43FDDAB89C83\"><span class=\"sfragment-source\">or both shall be presented as a separate component of income from continuing operations or, alternatively, disclosed in notes to the </span></span><span class=\"sfragment\" id=\"GUID-DA9EBF39-0C4F-4F1B-92C7-0E615E8D5ACD\"><span class=\"sfragment-source\">interim and annual </span></span><span class=\"sfragment\" id=\"GUID-8A732BC6-E164-499F-8863-627EE84FAAF5\"><span class=\"sfragment-source\">financial statements. </span></span></div></div>","snippet":"The nature and financial effects of each event or transaction that is unusual in nature or occurs infrequently or both shall be presented as a separate component of income from continuing operations or, alternatively, di…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:af5e04307c570eb89ffda59977d1a9658b6f693dd11784240421a057b8269230","downloaded_from":"2026-09-09T23:04:21.720Z","last_downloaded_at":"2026-09-09T23:04:21.720Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483613","source_sha256":"1d1c5a2c27543a724ca5b90bfb80dbe7812d5e9655c96c9a97c3e29c732df3af"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:11b60a783bf30fbdf824e0e915ed439b093ad0ae73b9ec0cdce09f28b25beac9","downloaded_from":"2026-09-09T23:04:21.720Z","last_downloaded_at":"2026-09-09T23:04:21.720Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483613","source_sha256":"1d1c5a2c27543a724ca5b90bfb80dbe7812d5e9655c96c9a97c3e29c732df3af"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:df35b893d1409f4fb01804ade6ab1c6792e3ac71dd06614945b58373592586f7","downloaded_from":"2026-09-09T23:04:21.720Z","last_downloaded_at":"2026-09-09T23:04:21.720Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483613","source_sha256":"1d1c5a2c27543a724ca5b90bfb80dbe7812d5e9655c96c9a97c3e29c732df3af"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:df35b893d1409f4fb01804ade6ab1c6792e3ac71dd06614945b58373592586f7","downloaded_from":"2026-09-09T23:04:21.720Z","last_downloaded_at":"2026-09-09T23:04:21.720Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483613","source_sha256":"1d1c5a2c27543a724ca5b90bfb80dbe7812d5e9655c96c9a97c3e29c732df3af"}}