{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/310/978/#40-derecognition","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":"310","topic_title":"Receivables","subtopic":"310-978","subtopic_title":"Real Estate—Time-Sharing Activities","section":{"number":"40","label":"40 Derecognition","anchor":"40-derecognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"310-978-40-1","para":"40-1","html":"
Paragraph superseded by Accounting Standards Update No. 2014-09.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2014-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eb228cf0f9ddb86d1b01157d888d926d2a27af9c18bbc88589c781c29b0dc75c","downloaded_from":"2026-09-09T23:34:26.954Z","last_downloaded_at":"2026-09-09T23:34:26.954Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478915","source_sha256":"9c3828294ce3ea0aab6a85dccf9220dfb2e5a66b3c717ed7e06ce877b4eacfa2"}},{"citation":"310-978-40-2","para":"40-2","html":"
Paragraph superseded by Accounting Standards Update No. 2014-09.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2014-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:013758b291abdde15d47153e4c3ee465153a7ef81dd8182e000610a0d1e4cf03","downloaded_from":"2026-09-09T23:34:26.954Z","last_downloaded_at":"2026-09-09T23:34:26.954Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478915","source_sha256":"9c3828294ce3ea0aab6a85dccf9220dfb2e5a66b3c717ed7e06ce877b4eacfa2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f0b920a15f54134a39f12771058fea0c5813ef49c2e812c936bad5d62205ce05","downloaded_from":"2026-09-09T23:34:26.954Z","last_downloaded_at":"2026-09-09T23:34:26.954Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478915","source_sha256":"9c3828294ce3ea0aab6a85dccf9220dfb2e5a66b3c717ed7e06ce877b4eacfa2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:571bfb363e14502206b23c75e576f9f6cb9506656d1009d582bba5dfe48cf44c","downloaded_from":"2026-09-09T23:34:26.954Z","last_downloaded_at":"2026-09-09T23:34:26.954Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478915","source_sha256":"9c3828294ce3ea0aab6a85dccf9220dfb2e5a66b3c717ed7e06ce877b4eacfa2"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:571bfb363e14502206b23c75e576f9f6cb9506656d1009d582bba5dfe48cf44c","downloaded_from":"2026-09-09T23:34:26.954Z","last_downloaded_at":"2026-09-09T23:34:26.954Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478915","source_sha256":"9c3828294ce3ea0aab6a85dccf9220dfb2e5a66b3c717ed7e06ce877b4eacfa2"}}