# ASC 310-10-50: Receivables — Overall — 50 Disclosure

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/310/10/#50-disclosure)

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## ASC 310-10-50: 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/310/10/#50-disclosure)

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##### [310-10-50-1](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-1)

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This Subsection provides the following disclosure guidance for receivables, off-balance-sheet credit exposures, and foreclosed and repossessed assets:

1.  a
    
    Accounting policies for loans and trade receivables
    
2.  b
    
    Assets serving as collateral
    
3.  c
    
    [Subparagraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).
    
4.  d
    
    [Subparagraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).
    
5.  e
    
    Foreclosed and repossessed assets
    
6.  f
    
    [Subparagraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).
    
7.  g
    
    [Subparagraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).
    
8.  h
    
    [Subparagraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).
    
9.  i
    
    Risks and uncertainties
    
10.  j
     
     [Fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") disclosures
     
11.  k
     
     [Subparagraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).
     
12.  l
     
     Modifications.

#### Accounting Policies for Loans and Trade Receivables

##### [310-10-50-1A](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-1A)

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The guidance in paragraphs [310-10-50-2 through 50-4A](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-2) applies only to the following [financing receivables](https://asc.understandingaccounting.org/glossary/f/#financing-receivable "A financing arrangement that has both of the following characteristics: It represents a contractual right to receive money in either of the following ways: On demand On fixed or determinable dates. It is recognized as an asset in the entity's statement of financial position. See paragraphs 310-10-55-13310-10-55-14310-10-55-15 for more information on the definition of financing receivable, including a list of items that are excluded from the definition (for example, debt securities)."):

1.  a
    
    Loans
    
2.  b
    
    Trade receivables.

##### [310-10-50-2](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-2)

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The summary of significant accounting policies shall include the following:

1.  a
    
    The basis for accounting for loans and trade receivables
    
2.  b
    
    The method used in determining the lower of [amortized cost basis](https://asc.understandingaccounting.org/glossary/a/#amortized-cost-basis "The amortized cost basis is the amount at which a financing receivable or investment is originated or acquired, adjusted for applicable accrued interest, accretion, or amortization of premium, discount, and net deferred fees or costs, collection of cash, writeoffs, foreign exchange, and fair value hedge accounting adjustments.") or fair value of nonmortgage loans held for sale (that is, aggregate or individual asset basis)
    
3.  c
    
    The classification and method of accounting for interest-only strips, loans, other receivables, or retained interests in securitizations that can be contractually prepaid or otherwise settled in a way that the holder would not recover substantially all of its [recorded investment](https://asc.understandingaccounting.org/glossary/r/#recorded-investment "The amount of the investment in a loan, which is not net of a valuation allowance, but which does reflect any direct write-down of the investment. However, if a loan is a hedged item in a fair value hedge, the amount of that loan's recorded investment should include the unamortized amount of the cumulative fair value hedge adjustments.")
    
4.  d
    
    The method for recognizing interest income on [loan](https://asc.understandingaccounting.org/glossary/l/#loan "A contractual right to receive money on demand or on fixed or determinable dates that is recognized as an asset in the creditor's statement of financial position. Examples include but are not limited to accounts receivable (with terms exceeding one year) and notes receivable.") and trade receivables, including a statement about the entity's policy for treatment of related fees and costs, including the method of amortizing net deferred fees or costs.

##### [310-10-50-3](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-3)

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If major categories of loans or trade receivables are not presented separately in the balance sheet (see paragraph [310-10-45-2](https://asc.understandingaccounting.org/asc/310/10/#310-10-45-2)), they shall be disclosed in the notes to the financial statements.

##### [310-10-50-4](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-4)

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The allowance for credit losses and, as applicable, any unearned income, any unamortized premiums and discounts, and any net unamortized deferred fees and costs, shall be disclosed in the financial statements.

##### [310-10-50-4A](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-4A)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

#### Assets Serving as Collateral

##### [310-10-50-5](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-5)

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For required disclosures of the carrying amount of loans, trade receivables, securities and financial instruments that serve as collateral for borrowings, see paragraph [860-30-50-1A](https://asc.understandingaccounting.org/asc/860/30/#860-30-50-1A).

##### [310-10-50-5A](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-5A)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-5B](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-5B)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-6](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-6)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-7](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-7)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-7A](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-7A)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-7B](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-7B)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-8](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-8)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-9](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-9)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-10](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-10)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

#### Foreclosed and Repossessed Assets

##### [310-10-50-11](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-11)

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Paragraph [310-10-45-3](https://asc.understandingaccounting.org/asc/310/10/#310-10-45-3) states that foreclosed and repossessed assets included in other assets on the statement of financial position shall have separate disclosures in the notes to financial statements. An entity shall also disclose the carrying amount of foreclosed residential real estate properties held at the reporting date as a result of obtaining physical possession in accordance with paragraphs [310-20-40-6](https://asc.understandingaccounting.org/asc/310/20/#310-20-40-6) and [310-20-55-18F](https://asc.understandingaccounting.org/asc/310/20/#310-20-55-18F).

Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:

[270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)Paragraph [310-10-45-3](https://asc.understandingaccounting.org/asc/310/10/#310-10-45-3) states that foreclosed and repossessed assets included in other assets on the statement of financial position shall have separate disclosures in the notes to financial statements. For interim and annual reporting periods, an entity shall also disclose the carrying amount of foreclosed residential real estate properties held at the reporting date as a result of obtaining physical possession in accordance with paragraphs [310-20-40-6](https://asc.understandingaccounting.org/asc/310/20/#310-20-40-6) and [310-20-55-18F](https://asc.understandingaccounting.org/asc/310/20/#310-20-55-18F).

##### [310-10-50-11A](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-11A)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-11B](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-11B)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-11C](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-11C)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-12](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-12)

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[Paragraph superseded by Accounting Standards Update No. 2010-20](https://asc.understandingaccounting.org/updates/asu-2010-20/).

##### [310-10-50-13](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-13)

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[Paragraph superseded by Accounting Standards Update No. 2010-20](https://asc.understandingaccounting.org/updates/asu-2010-20/).

##### [310-10-50-14](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-14)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-14A](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-14A)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-15](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-15)

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-16](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-16)

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##### [310-10-50-17](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-17)

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##### [310-10-50-18](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-18)

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Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-19](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-19)

Pending content: no

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Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-20](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-20)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-21](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-21)

Pending content: no

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-22](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-22)

Pending content: no

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[Paragraph superseded by Accounting Standards Update No. 2010-20](https://asc.understandingaccounting.org/updates/asu-2010-20/).

##### [310-10-50-23](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-23)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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[Paragraph superseded by Accounting Standards Update No. 2010-20](https://asc.understandingaccounting.org/updates/asu-2010-20/).

##### [310-10-50-24](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-24)

Pending content: no

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

#### Risks and Uncertainties

##### [310-10-50-25](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-25)

Pending content: no

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Effective as of: not established by retrieval timestamps.


Certain loans and trade receivables have contractual terms that expose entities to risks and uncertainties that fall into one or more categories, as discussed in paragraph [275-10-50-1](https://asc.understandingaccounting.org/asc/275/10/#275-10-50-1). See Section 275-10-50 for disclosure guidance related to those products.

#### Fair Value Disclosures

##### [310-10-50-26](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-26)

Pending content: no

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Section 825-10-50 provides guidance on the required disclosure of fair values of certain assets and liabilities. Paragraph [825-10-50-8](https://asc.understandingaccounting.org/asc/825/10/#825-10-50-8) explains that, for trade receivables and payables, no disclosure is required under that Subtopic if the trade receivable or payable is due in one year or less.

##### [310-10-50-27](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-27)

Pending content: no

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-28](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-28)

Pending content: no

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[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-29](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-29)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-30](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-30)

Pending content: no

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Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2016-13](https://asc.understandingaccounting.org/updates/asu-2016-13/).

##### [310-10-50-31](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-31)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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[Paragraph superseded by Accounting Standards Update No. 2022-02](https://asc.understandingaccounting.org/updates/asu-2022-02/).

##### [310-10-50-32](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-32)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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[Paragraph superseded by Accounting Standards Update No. 2022-02](https://asc.understandingaccounting.org/updates/asu-2022-02/).

##### [310-10-50-33](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-33)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2022-02](https://asc.understandingaccounting.org/updates/asu-2022-02/).

##### [310-10-50-34](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-34)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2022-02](https://asc.understandingaccounting.org/updates/asu-2022-02/).

#### Loans in Process of Foreclosure

##### [310-10-50-35](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-35)

Pending content: yes

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

Record version: sha256:bc1359ac72fc4e08277eb14c71e904d66fc39b1c6c41a0fbbb9195fd0cde0dfa

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Effective as of: not established by retrieval timestamps.


An entity shall disclose the recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements of the applicable jurisdiction.

Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:

[270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For interim and annual reporting periods, an entity shall disclose the recorded investment of consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings are in process according to local requirements of the applicable jurisdiction.

#### Modifications

##### [310-10-50-36](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-36)

Pending content: no

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As of the date of each balance sheet presented, a creditor shall disclose, either in the body of the financial statements or in the accompanying notes, the amount of commitments, if any, to lend additional funds to debtors experiencing financial difficulty for which the creditor has modified the terms of the receivables in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension in the current reporting period. For purposes of this disclosure, covenant waivers and modifications of contingent acceleration clauses would not be considered term extensions.

##### [310-10-50-37](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-37)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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When a loan is restructured into two (or more) loan agreements, the restructured loans shall be considered separately when assessing the applicability of the disclosures in Section 326-20-50 in years after the restructuring because they are legally distinct from the original loan.

##### [310-10-50-38](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-38)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


The objective of the disclosures in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

is to provide financial statement users with information about the type and magnitude of certain modifications of receivables made to debtors experiencing financial difficulty, the financial effect of those modifications, and the degree of success of the modifications in mitigating potential credit losses. In addition to the disclosures in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

, an entity shall consider providing information that helps financial statement users understand significant changes in the type or magnitude of modifications, including those modifications that, for example, were caused by a major credit event, even if the modifications otherwise would not require the disclosures in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

.

##### [310-10-50-39](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-39)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


The disclosures in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

shall be provided for modifications of receivables to borrowers experiencing financial difficulty in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension made within the scope of this Topic. For purposes of those disclosures, covenant waivers and modifications of contingent acceleration clauses would not be considered term extensions.

##### [310-10-50-40](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-40)

Pending content: yes

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


The guidance in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

does not apply to the following financing receivables:

1.  a
    
    Receivables measured at fair value with changes in fair value reported in earnings
    
2.  b
    
    Receivables measured at lower of amortized cost basis or fair value
    
3.  c
    
    Except for credit card receivables, trade accounts receivable that have both of the following characteristics:
    
    1.  1
        
        They have a contractual maturity of one year or less.
        
    2.  2
        
        They arose from the sale of goods or services.
        
4.  d
    
    Participant loans in defined contribution pension plans.
    

Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:

[105-10-65-10](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-10)The guidance in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

does not apply to the following financing receivables:

1.  a
    
    Receivables measured at fair value with changes in fair value reported in earnings
    
2.  b
    
    Receivables measured at lower of amortized cost basis or fair value
    
3.  c
    
    Except for credit card receivables, trade accounts receivable that have both of the following characteristics:
    
    1.  1
        
        They have a contractual maturity of one year or less.
        
    2.  2
        
        They arose from the sale of goods or services.
        
4.  d
    
    Participant loans in defined contribution pension plans
    
5.  e
    
    Lease receivables arising from sales-type leases or direct financing leases.

##### [310-10-50-41](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-41)

Pending content: yes

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


The disclosures required in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

are applicable regardless of whether a modification of a receivable to a debtor experiencing financial difficulty results in a new loan in accordance with paragraphs

[310-20-35-9 through 35-11](https://asc.understandingaccounting.org/asc/310/20/#310-20-35-9)

. As a practical expedient, an entity may exclude the accrued interest receivable balance that is included in the amortized cost basis of financing receivables for the purposes of the disclosure requirements in Subtopic 326-20. If an entity has applied that practical expedient, an entity may do the same for the disclosures in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

and shall disclose the total amount of accrued interest excluded from the disclosed amortized cost basis.

Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:

[270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)The disclosures required in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

are applicable regardless of whether a modification of a receivable to a debtor experiencing financial difficulty results in a new loan in accordance with paragraphs

[310-20-35-9 through 35-11](https://asc.understandingaccounting.org/asc/310/20/#310-20-35-9)

. As a practical expedient, an entity may exclude the accrued interest receivable balance that is included in the amortized cost basis of financing receivables for the purposes of the disclosure requirements in Subtopic 326-20. If an entity has applied that practical expedient, an entity may do the same for the disclosures in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

and shall disclose the total amount of accrued interest excluded from the disclosed amortized cost basis in interim and annual reporting periods.

##### [310-10-50-42](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

Pending content: yes

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


For each period for which a statement of income is presented, an entity shall disclose the following information related to modifications of receivables that are in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension (or a combination thereof) made to debtors experiencing financial difficulty during the reporting period:

1.  a
    
    By class of financing receivable, qualitative and quantitative information about:
    
    1.  1
        
        The types of modifications utilized by an entity, including the total period-end amortized cost basis of the modified receivables and the percentage of modifications of receivables made to debtors experiencing financial difficulty relative to the total period-end amortized cost basis of receivables in the class of financing receivable.
        
    2.  2
        
        The financial effect of the modification by type of modification, which shall provide information about the changes to the contractual terms as a result of the modification and shall include the incremental effect of principal forgiveness on the amortized cost basis of the modified receivables, as applicable, or the reduction in weighted-average interest rates (versus a range) for interest rate reductions.
        
    3.  3
        
        Receivable performance in the 12 months after a modification of a receivable made to a debtor experiencing financial difficulty.
        
2.  b
    
    By portfolio segment, qualitative information about how those modifications and the debtors’ subsequent performance are factored into determining the allowance for credit losses.
    

Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:

[270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For each interim and annual reporting period for which a statement of income is presented, an entity shall disclose the following information related to modifications of receivables that are in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension (or a combination thereof) made to debtors experiencing financial difficulty during the reporting period:

1.  a
    
    By class of financing receivable, qualitative and quantitative information about:
    
    1.  1
        
        The types of modifications utilized by an entity, including the total period-end amortized cost basis of the modified receivables and the percentage of modifications of receivables made to debtors experiencing financial difficulty relative to the total period-end amortized cost basis of receivables in the class of financing receivable.
        
    2.  2
        
        The financial effect of the modification by type of modification, which shall provide information about the changes to the contractual terms as a result of the modification and shall include the incremental effect of principal forgiveness on the amortized cost basis of the modified receivables, as applicable, or the reduction in weighted-average interest rates (versus a range) for interest rate reductions.
        
    3.  3
        
        Receivable performance in the 12 months after a modification of a receivable made to a debtor experiencing financial difficulty.
        
2.  b
    
    By portfolio segment, qualitative information about how those modifications and the debtors’ subsequent performance are factored into determining the allowance for credit losses.

##### [310-10-50-43](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-43)

Pending content: yes

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


Receivables may be modified in more than one manner. An entity that modifies the same receivable in more than one manner shall provide disclosures sufficient for users to understand the different types of combinations of modifications provided to borrowers. For example, a receivable may be modified to provide both principal forgiveness and an interest rate reduction. In that case, an entity shall disclose the period-end amortized cost basis of that receivable in a separate category that reflects that a combination of modification types has been granted. If another receivable was modified to provide both an interest rate reduction and a term extension, the period-end amortized cost basis of that receivable shall be presented in a different category. Multiple separate combination categories may be necessary if significant. The same receivable’s period-end amortized cost basis shall not be presented in multiple categories.

Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:

[270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)Receivables may be modified in more than one manner. An entity that modifies the same receivable in more than one manner shall provide disclosures in interim and annual reporting periods sufficient for users to understand the different types of combinations of modifications provided to borrowers. For example, a receivable may be modified to provide both principal forgiveness and an interest rate reduction. In that case, an entity shall disclose the period-end amortized cost basis of that receivable in a separate category that reflects that a combination of modification types has been granted. If another receivable was modified to provide both an interest rate reduction and a term extension, the period-end amortized cost basis of that receivable shall be presented in a different category. Multiple separate combination categories may be necessary if significant. The same receivable’s period-end amortized cost basis shall not be presented in multiple categories.

##### [310-10-50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-44)

Pending content: yes

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

Record version: sha256:3a1086a645774871e773f0bef496b618fd44abbf0f65c59ce02cdccf0d2c732c

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


For each period for which a statement of income is presented, an entity shall disclose the following information about financing receivables that had a payment default during the period and had been modified in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension (or a combination thereof) within the previous 12 months preceding the payment default when the debtor was experiencing financial difficulty at the time of the modification:

1.  a
    
    By class of financing receivable, qualitative and quantitative information about those defaulted financing receivables, including the following:
    
    1.  1
        
        The type of contractual change that the modification provided
        
    2.  2
        
        The amount of financing receivables that defaulted, including the period-end amortized cost basis for financing receivables that defaulted.
        
2.  b
    
    By portfolio segment, qualitative information about how those defaults are factored into determining the allowance for credit losses.
    

Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:

[270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For each interim and annual reporting period for which a statement of income is presented, an entity shall disclose the following information about financing receivables that had a payment default during the period and had been modified in the form of principal forgiveness, an interest rate reduction, an other-than-insignificant payment delay, or a term extension (or a combination thereof) within the previous 12 months preceding the payment default when the debtor was experiencing financial difficulty at the time of the modification:

1.  a
    
    By class of financing receivable, qualitative and quantitative information about those defaulted financing receivables, including the following:
    
    1.  1
        
        The type of contractual change that the modification provided
        
    2.  2
        
        The amount of financing receivables that defaulted, including the period-end amortized cost basis for financing receivables that defaulted.
        
2.  b
    
    By portfolio segment, qualitative information about how those defaults are factored into determining the allowance for credit losses.

##### [310-10-50-45](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-45)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


In evaluating whether the debtor is experiencing financial difficulties for the purpose of the disclosure requirements in paragraphs

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

, a creditor shall consider the following indicators:

1.  a
    
    The debtor is currently in payment default on any of its debt. In addition, a creditor shall evaluate whether it is probable that the debtor would be in payment default on any of its debt in the foreseeable future without the modification. That is, a creditor may conclude that a debtor is experiencing financial difficulties, even though the debtor is not currently in payment default.
    
2.  b
    
    The debtor has declared or is in the process of declaring bankruptcy.
    
3.  c
    
    There is substantial doubt as to whether the debtor will continue to be a going concern.
    
4.  d
    
    The debtor has securities that have been delisted, are in the process of being delisted, or are under threat of being delisted from an exchange.
    
5.  e
    
    On the basis of estimates and projections that only encompass the debtor's current capabilities, the creditor forecasts that the debtor's entity-specific cash flows will be insufficient to service any of its debt (both interest and principal) in accordance with the contractual terms of the existing agreement for the foreseeable future.
    
6.  f
    
    Without the current modification, the debtor cannot obtain funds from sources other than the existing creditors at an effective interest rate equal to the current market interest rate for similar debt for a nontroubled debtor.
    

The above list of indicators is not intended to include all indicators of a debtor's financial difficulties.

##### [310-10-50-46](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-46)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


In the case of a restructuring that results in only a delay in payment that is insignificant, an entity is not required to include the modification made to receivables for debtors experiencing financial difficulty in the disclosure requirements in paragraphs [310-10-50-36](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-36) and

[310-10-50-42 through 50-44](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-42)

. The following factors, when considered together, may indicate that a restructuring results in a delay in payment that is insignificant:

1.  a
    
    The amount of the restructured payments subject to the delay is insignificant relative to the unpaid principal or collateral value of the debt and will result in an insignificant shortfall in the contractual amount due.
    
2.  b
    
    The delay in timing of the restructured payment period is insignificant relative to any one of the following:
    
    1.  1
        
        The frequency of payments due under the debt
        
    2.  2
        
        The debt's original contractual maturity
        
    3.  3
        
        The debt's original expected duration.

##### [310-10-50-47](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-47)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


If the debt has been previously restructured, an entity shall consider the cumulative effect of past restructurings made within the 12-month period before the current restructuring when determining whether a delay in payment resulting from the current restructuring is insignificant.

##### [310-10-50-48](https://asc.understandingaccounting.org/asc/310/10/#310-10-50-48)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:25:09.925Z to 2026-09-09T23:25:09.925Z

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Effective as of: not established by retrieval timestamps.


Examples 4, 5, and 6 in paragraphs

[310-10-55-12B through 55-12K](https://asc.understandingaccounting.org/asc/310/10/#310-10-55-12B)

illustrate a creditor's evaluation about whether a delay in payment resulting from a restructuring is insignificant.