# ASC Topic 305: Cash and Cash Equivalents Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/305/) 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. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-09T23:23:45.283Z to 2026-09-09T23:24:39.111Z Record version: sha256:8cde03fc45a18d31e2f85326b1fbf25e94c588497aefdbfe45f7e2e1ea231183 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## Machine-generated topic summary ASC 305 is the Codification's topic for Cash and Cash Equivalents, but it is essentially an empty shell: the Overall subtopic (305-10) and all three industry subtopics — investment companies (305-946), depository and lending institutions (305-942), and health care entities (305-954) — had their overview, scope, presentation, and disclosure paragraphs superseded, mostly by Maintenance Update 2017-21 (with 305-10-55-1 superseded by ASU 2012-04 and 305-954-45-4 by ASU 2016-14). Because no recognition, measurement, or disclosure requirements remain, practitioners must look elsewhere: ASC 230 for the definition of cash equivalents, statement of cash flows presentation, and restricted cash (ASU 2016-18); ASC 210 for balance sheet classification; and the industry topics themselves (942-305 for bank reserve balances, 946 for investment company statements, 954 for health care presentation). The key takeaway is that Maintenance Updates are non-substantive cleanup — the superseded paragraph numbers are retained only for reference continuity and impose no requirements, so the deletions relocated guidance rather than changed accounting. Source downloaded (UTC): 2026-09-09T23:23:45.283Z to 2026-09-09T23:24:00.799Z Record version: sha256:db1c372d34419651bf78b15a5934f5da9a95837b65b640d674b591f1b2e7f8ea Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-10: Cash and Cash Equivalents — Overall ### Machine-generated study aids ```json { "summary": "ASC 305-10 is the Overall subtopic of the Cash and Cash Equivalents topic, but its substantive content has been removed — the scope, overview, and implementation guidance paragraphs were superseded by Maintenance Update 2017-21 and ASU 2012-04. As a result, 305-10 today functions largely as a placeholder heading; the operative guidance on cash and cash equivalents lives elsewhere, principally in ASC 230 (definition and presentation of cash equivalents, restricted cash) and ASC 210 (balance sheet classification).", "key_points": [ "The Overview and Background paragraph (305-10-05-1) was superseded by Maintenance Update 2017-21, leaving no descriptive content in the subtopic.", "The Scope and Scope Exceptions paragraphs (305-10-15-1 and 305-10-15-2) were superseded by Maintenance Update 2017-21, so 305-10 states no scope of its own.", "The Implementation Guidance and Illustrations paragraph (305-10-55-1) was superseded by Accounting Standards Update No. 2012-04.", "Because no recognition, measurement, or disclosure requirements remain in 305-10, practitioners must look to ASC 230 for the cash equivalents definition and statement of cash flows presentation, including restricted cash under ASU 2016-18.", "A superseded paragraph number is retained in the Codification for reference continuity; it does not create or preserve any requirement." ], "categories": [ "Presentation", "Cash flows", "Financial statement presentation", "Transition and effective dates" ], "audience_level": "introductory", "student_note": "Don't assume a topic number implies live guidance — ASC 305-10 is essentially an empty shell after its paragraphs were superseded, and the common mistake is citing it for the definition of cash equivalents, which actually resides in ASC 230 (and the Master Glossary).", "related_topics": [ "230", "210", "305-20", "820", "825" ], "key_concepts": [ "cash and cash equivalents", "superseded guidance", "codification maintenance update", "scope exceptions", "restricted cash", "balance sheet classification" ] } ``` Source downloaded (UTC): 2026-09-09T23:23:45.283Z to 2026-09-09T23:23:45.283Z Record version: sha256:27ddd0458ce9a1cba2719e4d4c6ff3266172f322efb21394960629b8e151d793 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-10-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/305/10/#00-status) SEC content: no ##### [305-10-00-1](https://asc.understandingaccounting.org/asc/305/10/#305-10-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:23:45.283Z to 2026-09-09T23:23:45.283Z Record version: sha256:210e3e958e300af5e3e76df59d93c9bb0ae64fcce21cfa9bcd54015b42c89c98 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
CashSupersededMaintenance Update 2017-21 (PDF)12/22/2017
Cash and Cash EquivalentsSupersededMaintenance Update 2017-21 (PDF)12/22/2017
Check output number.305-10-05-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
Check output number.305-10-15-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
Check output number.305-10-15-2SupersededMaintenance Update 2017-21 (PDF)12/22/2017
Check output number.305-10-55-1SupersededAccounting Standards Update No. 2012-0410/01/2012
Source downloaded (UTC): 2026-09-09T23:23:47.302Z to 2026-09-09T23:23:47.302Z Record version: sha256:e92423d9236efc6956c0549471bb81a77c9e5aeed3d7dda325fa9c029bb5675a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-10-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/305/10/#05-overview-and-background) SEC content: no ##### [305-10-05-1](https://asc.understandingaccounting.org/asc/305/10/#305-10-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:23:47.302Z to 2026-09-09T23:23:47.302Z Record version: sha256:475c7b2514a49664665ef67235421b6d316c8641e01c362168eac9624c057f61 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:23:49.104Z to 2026-09-09T23:23:49.104Z Record version: sha256:f41497eaf08894a5eef2bb808c1e71c060db68810ad8916ece546423959f401d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-10-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/305/10/#15-scope-and-scope-exceptions) SEC content: no ##### [305-10-15-1](https://asc.understandingaccounting.org/asc/305/10/#305-10-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:23:49.104Z to 2026-09-09T23:23:49.104Z Record version: sha256:d37a937da829f39ea7ff63bb88ca8519f10af82ce3b5f3fcf319578c5ffa44eb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) ##### [305-10-15-2](https://asc.understandingaccounting.org/asc/305/10/#305-10-15-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:23:49.104Z to 2026-09-09T23:23:49.104Z Record version: sha256:4e00a48ab7ce6725069edc102a883e170ce63d7fcdce6b6329c7a1227e79e12a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:23:53.017Z to 2026-09-09T23:23:53.017Z Record version: sha256:bf80daccfc71ebb0d1c9b1bcb06f8014d57392beb32471eb856fa5712af96202 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-10-20: 20 Glossary [Read section](https://asc.understandingaccounting.org/asc/305/10/#20-glossary) SEC content: no Source downloaded (UTC): 2026-09-09T23:23:55.465Z to 2026-09-09T23:23:55.465Z Record version: sha256:bab38ff5711d0e934b08b89080031c3334ce6f2b0469095841fbec4a0f0e2b7a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-10-55: 55 Implementation Guidance and Illustrations [Read section](https://asc.understandingaccounting.org/asc/305/10/#55-implementation-guidance-and-illustrations) SEC content: no ##### [305-10-55-1](https://asc.understandingaccounting.org/asc/305/10/#305-10-55-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:23:55.465Z to 2026-09-09T23:23:55.465Z Record version: sha256:77c1f09ba5d18a71626026772aeb5a0c9011c0b4709065dceab6f508bdc187b0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2012-04](https://asc.understandingaccounting.org/updates/asu-2012-04/). Source downloaded (UTC): 2026-09-09T23:23:58.063Z to 2026-09-09T23:23:58.063Z Record version: sha256:3738288e9e4f1866eac2323661ebe8fc91f66fd2a7e859b58151e1b9f0a7a373 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-10-S00: SEC 00 Status [Read section](https://asc.understandingaccounting.org/asc/305/10/#sec-00-status) SEC content: yes ##### [305-10-S00-1](https://asc.understandingaccounting.org/asc/305/10/#305-10-S00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:23:58.063Z to 2026-09-09T23:23:58.063Z Record version: sha256:729b058ff41aa14244a8a1d9cf71e7162227c29f5af76a832ba9b14bc7350f11 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
305-10-S50-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
Source downloaded (UTC): 2026-09-09T23:24:00.799Z to 2026-09-09T23:24:00.799Z Record version: sha256:3b5b99138aaabfba10c6d70828cb9cab1fd05d03d68e39ac336a119ec364b01f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-10-S50: SEC 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/305/10/#sec-50-disclosure) SEC content: yes ##### [305-10-S50-1](https://asc.understandingaccounting.org/asc/305/10/#305-10-S50-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:00.799Z to 2026-09-09T23:24:00.799Z Record version: sha256:fc3591a28a8270c3f862a00d889c4fc46fd702a3992de79d8c676c5a5d9a2049 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:02.436Z to 2026-09-09T23:24:15.048Z Record version: sha256:25ae144bbc64c191e4521d93e3802dc890716fc3fcc4c8c8846f0cabf601dee2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-942: Cash and Cash Equivalents — Financial Services—Depository and Lending ### Machine-generated study aids ```json { "summary": "ASC 305-942 was the industry-specific guidance on cash and cash equivalents for depository and lending institutions (banks, savings institutions, credit unions). Every paragraph in the subtopic — scope, presentation, and disclosure — was superseded by Maintenance Update 2017-21, so the subtopic contains no operative guidance. Entities in this industry now apply the general guidance in ASC 305 and, for restricted/reserve balances and cash flow classification, ASC 942-305 and ASC 230.", "key_points": [ "All content of this subtopic (305-942-05-1, 05-2, 15-1, 45-1, and 50-1) was superseded by Maintenance Update 2017-21 and imposes no requirements.", "Because the subtopic is empty, depository and lending entities look to the general Cash and Cash Equivalents guidance in ASC 305-10 for recognition and presentation.", "Industry-specific balance sheet and disclosure guidance for banks' cash items, including required reserve balances with Federal Reserve Banks, resides in the Topic 942 industry Subtopic (942-305) rather than here.", "Maintenance Updates are non-substantive Codification corrections, so the supersession reflected relocation/cleanup rather than a change in accounting." ], "categories": [ "Presentation", "Disclosure", "Industry-specific", "Transition and effective dates" ], "audience_level": "introductory", "student_note": "This is a shell subtopic — do not cite it for any rule. The common mistake is quoting a superseded paragraph; for bank cash guidance go to ASC 942-305 and ASC 305-10, and for restricted cash in the cash flow statement go to ASC 230.", "related_topics": [ "305-10", "942-305", "942-230", "230-10", "942-405" ], "key_concepts": [ "cash and cash equivalents", "depository and lending institutions", "superseded guidance", "industry-specific subtopic", "restricted cash", "reserve balances" ] } ``` Source downloaded (UTC): 2026-09-09T23:24:02.436Z to 2026-09-09T23:24:02.436Z Record version: sha256:043670045e416268f90b537181a656518bf5cc20a5dff729300fe2ae98f18d59 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-942-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/305/942/#00-status) SEC content: no ##### [305-942-00-1](https://asc.understandingaccounting.org/asc/305/942/#305-942-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:02.436Z to 2026-09-09T23:24:02.436Z Record version: sha256:ec288500bf8c7786fc39681e0472db1bee5ad1c1bb31612ca98a9129ebd72ef9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
942-305-05-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
942-305-05-2SupersededMaintenance Update 2017-21 (PDF)12/22/2017
942-305-15-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
942-305-45-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
942-305-50-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
Source downloaded (UTC): 2026-09-09T23:24:06.364Z to 2026-09-09T23:24:06.364Z Record version: sha256:138bd44f963f216aa0edfa1fe7e93aac55385e56c1ddab24cd9a53af1ceaa7a0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-942-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/305/942/#05-overview-and-background) SEC content: no ##### [305-942-05-1](https://asc.understandingaccounting.org/asc/305/942/#305-942-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:06.364Z to 2026-09-09T23:24:06.364Z Record version: sha256:3edd5456b3713a0c8e4a2bde8dec95f3166fa54967c3841df3bf8b4f33cbca4e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) ##### [305-942-05-2](https://asc.understandingaccounting.org/asc/305/942/#305-942-05-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:06.364Z to 2026-09-09T23:24:06.364Z Record version: sha256:7415973cf212055197d7eafe8998ad38b7f94d4fad0a576e6a0be2432d29718e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:10.033Z to 2026-09-09T23:24:10.033Z Record version: sha256:40f42e9d4258c5c2d1533c2d577ee63024f3c14b15d4f29bbe938abc6fd4f80b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-942-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/305/942/#15-scope-and-scope-exceptions) SEC content: no ##### [305-942-15-1](https://asc.understandingaccounting.org/asc/305/942/#305-942-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:10.033Z to 2026-09-09T23:24:10.033Z Record version: sha256:bf66885ddb904d09747e41fd167bff450ddf802018c6febeab178df2e6ee6f34 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:13.259Z to 2026-09-09T23:24:13.259Z Record version: sha256:e1f012ed53e474ff6694e1353a86b1fffb217201d20ac0a2c8b73b2dbb7f3abb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-942-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/305/942/#45-other-presentation-matters) SEC content: no ##### [305-942-45-1](https://asc.understandingaccounting.org/asc/305/942/#305-942-45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:13.259Z to 2026-09-09T23:24:13.259Z Record version: sha256:7f76b137a3d6dd37b20e6418cd5d488681acd3caf473bc0cc1ad6050fd41f8ae Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:15.048Z to 2026-09-09T23:24:15.048Z Record version: sha256:ada8eed3fb7f946139f29448a88f536747867fe6008a60009bca81840a153184 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-942-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/305/942/#50-disclosure) SEC content: no ##### [305-942-50-1](https://asc.understandingaccounting.org/asc/305/942/#305-942-50-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:15.048Z to 2026-09-09T23:24:15.048Z Record version: sha256:823c2b0f9d4f408352026bc80c0e86c568fc839b9da30cdd723a33da85e5de6c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:17.692Z to 2026-09-09T23:24:27.229Z Record version: sha256:d2b5b0eca9ad8d8fff37904ea32438411ae29e053b9a01c71fd1dfb5a71b573b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-946: Cash and Cash Equivalents — Financial Services—Investment Companies ### Machine-generated study aids ```json { "summary": "ASC 305-946 was the investment-company-specific guidance on cash and cash equivalents. Every remaining paragraph (05-1, 15-1, 45-1, 45-2) was superseded by Maintenance Update 2017-21, so the subtopic contains no substantive guidance today. Investment companies now look to the general cash guidance in ASC 305 and to the presentation and disclosure requirements in ASC 946.", "key_points": [ "All content of this subtopic — overview (305-946-05-1), scope (305-946-15-1), and other presentation matters (305-946-45-1 and 45-2) — was superseded by Maintenance Update 2017-21.", "Because no paragraphs remain in force, there is no industry-specific recognition, measurement, or presentation rule for cash and cash equivalents unique to investment companies in ASC 305.", "General cash and cash equivalents guidance in ASC 305-10 applies to investment companies absent superseded industry guidance.", "Investment company financial statement presentation and disclosure requirements, including the statement of assets and liabilities and schedule of investments, are found in ASC 946.", "Maintenance Updates are non-substantive Codification changes; the supersession here reflects cleanup rather than a change in accounting policy." ], "categories": [ "Presentation", "Industry-specific", "Transition and effective dates" ], "audience_level": "introductory", "student_note": "This is an empty shell subtopic — the only thing to know is that its guidance was removed by Maintenance Update 2017-21. The common error is citing 305-946 as live authority for investment company cash presentation; cite ASC 305-10 and ASC 946 instead.", "related_topics": [ "305-10", "946", "946-210", "230" ], "key_concepts": [ "cash and cash equivalents", "investment companies", "superseded guidance", "industry-specific guidance", "financial statement presentation" ] } ``` Source downloaded (UTC): 2026-09-09T23:24:17.692Z to 2026-09-09T23:24:17.692Z Record version: sha256:95fa8b8992cf48f540862142ea7ae0c5d9546ded0043b0fc69d2163f5dc95fea Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-946-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/305/946/#00-status) SEC content: no ##### [305-946-00-1](https://asc.understandingaccounting.org/asc/305/946/#305-946-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:17.692Z to 2026-09-09T23:24:17.692Z Record version: sha256:57b850e01002e20e891e2fa037b4a7b56ce00ea5a4be2aff4f4cbb779be1f880 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
946-305-05-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
946-305-15-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
946-305-45-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
946-305-45-2SupersededMaintenance Update 2017-21 (PDF)12/22/2017
Source downloaded (UTC): 2026-09-09T23:24:19.355Z to 2026-09-09T23:24:19.355Z Record version: sha256:60ddb7f282de5a231dab397e706a1048a12ec463cef151a1431cd80bcf334bab Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-946-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/305/946/#05-overview-and-background) SEC content: no ##### [305-946-05-1](https://asc.understandingaccounting.org/asc/305/946/#305-946-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:19.355Z to 2026-09-09T23:24:19.355Z Record version: sha256:0c4ae1b08325ed653abcbb84ed1a71d9417c2be076119cfb49cea24f96130c0d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:23.455Z to 2026-09-09T23:24:23.455Z Record version: sha256:b4b5d6571fe77f6a2d067cb0ea5a00f0d0e71b067600b2adaef2788f00aebc12 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-946-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/305/946/#15-scope-and-scope-exceptions) SEC content: no ##### [305-946-15-1](https://asc.understandingaccounting.org/asc/305/946/#305-946-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:23.455Z to 2026-09-09T23:24:23.455Z Record version: sha256:8182949286f2e367d8e8e9d25d9285177c425419b5c6646a23f653824858a7b7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:27.229Z to 2026-09-09T23:24:27.229Z Record version: sha256:380b21740ffe3c90e1db9eb41b6147967dfb4b5ccfc781b3c759d55807d79d5d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-946-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/305/946/#45-other-presentation-matters) SEC content: no ##### [305-946-45-1](https://asc.understandingaccounting.org/asc/305/946/#305-946-45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:27.229Z to 2026-09-09T23:24:27.229Z Record version: sha256:acdd8aa0e14d2959a8f56875d130b8e38b708fdd3407faef83da48450a677b3b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) ##### [305-946-45-2](https://asc.understandingaccounting.org/asc/305/946/#305-946-45-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:27.229Z to 2026-09-09T23:24:27.229Z Record version: sha256:630edc301e404172674ddeefa5d8bcce9fdc1c57980feb1dff2b0c352a7f4e05 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:29.109Z to 2026-09-09T23:24:39.111Z Record version: sha256:4e1db68a26f487b467b2db1b20d8c5ecb67ce5dd34e4c010d61cc2c5e2ae494e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-954: Cash and Cash Equivalents — Health Care Entities ### Machine-generated study aids ```json { "summary": "ASC 305-954 was the health care industry-specific guidance on cash and cash equivalents, but it now contains no operative content — every paragraph has been superseded or is unused. Health care entities therefore follow the general guidance in Topic 305 together with the broader health care presentation rules in Topic 954.", "key_points": [ "Every substantive paragraph in this subtopic has been superseded: 305-954-05-1, 305-954-15-1, 305-954-45-1, and 305-954-45-3 were superseded by Maintenance Update 2017-21.", "305-954-45-4 was superseded by Accounting Standards Update No. 2016-14 (the not-for-profit financial statement presentation standard).", "305-954-45-2 is marked 'Paragraph not used,' so no guidance exists in the Other Presentation Matters section.", "Because no operative guidance remains, health care entities apply the general cash and cash equivalents guidance in Topic 305 and the health care industry guidance in Topic 954.", "The subtopic shell is retained in the Codification only to preserve paragraph numbering and cross-reference history; it imposes no requirements." ], "categories": [ "Presentation", "Industry-specific" ], "audience_level": "introductory", "student_note": "This subtopic is an empty shell — all of its paragraphs were superseded by Maintenance Update 2017-21 and ASU 2016-14, so citing it as live authority is the classic mistake; look instead to Topic 305 generally and to Topic 954 (especially 954-210 for balance sheet classification of assets limited as to use).", "related_topics": [ "305", "954", "954-210", "958-210", "230" ], "key_concepts": [ "superseded guidance", "health care entities", "cash and cash equivalents", "limited-use assets", "industry glossary" ] } ``` Source downloaded (UTC): 2026-09-09T23:24:29.109Z to 2026-09-09T23:24:29.109Z Record version: sha256:8df9afbd3c62632d155b6e72aec3374d7db01ba3f1fbb01de2d05820eeed8d4e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-954-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/305/954/#00-status) SEC content: no ##### [305-954-00-1](https://asc.understandingaccounting.org/asc/305/954/#305-954-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:29.109Z to 2026-09-09T23:24:29.109Z Record version: sha256:6fd8131069935996b440937fe37daf7450c8f0191ef86a5eb690b8e58c07cb40 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
Donor-Imposed RestrictionSupersededMaintenance Update 2017-21 (PDF)12/22/2017
Donor-Imposed RestrictionAddedAccounting Standards Update No. 2016-1408/18/2016
954-305-05-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
954-305-15-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
954-305-45-1SupersededMaintenance Update 2017-21 (PDF)12/22/2017
954-305-45-1AmendedAccounting Standards Update No. 2016-1408/18/2016
954-305-45-1AmendedAccounting Standards Update No. 2012-0410/01/2012
954-305-45-3SupersededMaintenance Update 2017-21 (PDF)12/22/2017
954-305-45-3AmendedAccounting Standards Update No. 2016-1408/18/2016
954-305-45-4SupersededAccounting Standards Update No. 2016-1408/18/2016
Source downloaded (UTC): 2026-09-09T23:24:30.838Z to 2026-09-09T23:24:30.838Z Record version: sha256:b4d30729e519e930ec0fdf069f67ea81929f39cd6be657441c6014ba8ac5abd6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-954-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/305/954/#05-overview-and-background) SEC content: no ##### [305-954-05-1](https://asc.understandingaccounting.org/asc/305/954/#305-954-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:30.838Z to 2026-09-09T23:24:30.838Z Record version: sha256:a14ac5d2acb8b21a1f862d1e46628020f451d2900a5de48f924fbcf6ae992735 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:32.984Z to 2026-09-09T23:24:32.984Z Record version: sha256:1b88cb092c52c3b75fbbd2d9d6d222c8e1769c30d6f17ea333a3c6b29904574e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-954-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/305/954/#15-scope-and-scope-exceptions) SEC content: no ##### [305-954-15-1](https://asc.understandingaccounting.org/asc/305/954/#305-954-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:32.984Z to 2026-09-09T23:24:32.984Z Record version: sha256:3ef601ab40a7b6d78b7c7b3cdbfa5cc6c3edb11944c6a9a85dea24c6f79bbdfb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) Source downloaded (UTC): 2026-09-09T23:24:35.059Z to 2026-09-09T23:24:35.059Z Record version: sha256:bf80daccfc71ebb0d1c9b1bcb06f8014d57392beb32471eb856fa5712af96202 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-954-20: 20 Glossary [Read section](https://asc.understandingaccounting.org/asc/305/954/#20-glossary) SEC content: no Source downloaded (UTC): 2026-09-09T23:24:39.111Z to 2026-09-09T23:24:39.111Z Record version: sha256:4bf1c63edffd46c13edf2b3e4f8c3338eb7b5b8b0211774e3da6ddb69632b1b5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 305-954-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/305/954/#45-other-presentation-matters) SEC content: no ##### [305-954-45-1](https://asc.understandingaccounting.org/asc/305/954/#305-954-45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:39.111Z to 2026-09-09T23:24:39.111Z Record version: sha256:125f1274be3b5e5e2726ba04eb96c46ef662dd2064329d2ed9d090aaafe1a5e5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) ##### [305-954-45-2](https://asc.understandingaccounting.org/asc/305/954/#305-954-45-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:39.111Z to 2026-09-09T23:24:39.111Z Record version: sha256:c28e345f754d3c5a0bf59b6333991e02eb4ab010c5a6267f9d6c18289ead1354 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/). ##### [305-954-45-3](https://asc.understandingaccounting.org/asc/305/954/#305-954-45-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:39.111Z to 2026-09-09T23:24:39.111Z Record version: sha256:2ea4186cbede4f2768902d93f96a0d1f435a3b6522d45bbc860d963233a77d5d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Maintenance Update 2017-21.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/) ##### [305-954-45-4](https://asc.understandingaccounting.org/asc/305/954/#305-954-45-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:24:39.111Z to 2026-09-09T23:24:39.111Z Record version: sha256:9a04fc57ef0a33f465a22d2005d8ddbf2eaf09bd8f7eb9a887305a8af86e9af4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-14](https://asc.understandingaccounting.org/updates/asu-2016-14/).