# ASC 320-954: Investments—Debt Securities — Health Care Entities Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/320/954/) 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): 2026-09-09T23:37:24.372Z to 2026-09-09T23:37:43.319Z Record version: sha256:3c204a2b72ab577d3c20ae28ccd621f047a4a12109535229dcfb13a1282e078c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-954: Investments—Debt Securities — Health Care Entities ### Machine-generated study aids ```json { "summary": "ASC 320-954 was the health care entities industry supplement to the debt securities guidance in Topic 320, addressing scope, subsequent measurement, presentation (including where unrealized gains and losses appear in a health care entity's performance indicator) and related implementation examples. Every paragraph in the subtopic — Sections 05, 15, 35, 45 and 55 — was superseded by Accounting Standards Update No. 2016-01. As a result the subtopic contains no operative guidance; health care entities look instead to Topic 320 as amended and to Topic 321 for equity securities.", "key_points": [ "Every paragraph of this subtopic is marked 'superseded by Accounting Standards Update No. 2016-01,' including 320-954-05-1, 320-954-15-1, 320-954-35-1, 320-954-45-1 through 45-3, and 320-954-55-1 through 55-5.", "Because Sections 05 (Overview and Background) and 15 (Scope) are superseded, the subtopic no longer establishes any scope for health care entities within Topic 320.", "The superseded Section 35 (Subsequent Measurement) and Section 45 (Other Presentation Matters) paragraphs previously governed how health care entities measured and displayed investment gains and losses; that guidance is no longer effective.", "The superseded Section 55 implementation guidance and illustrations (55-1 through 55-5) may not be applied.", "Health care entities should apply the general debt securities guidance in Topic 320, and ASU 2016-01's equity securities model now codified in Topic 321, rather than this subtopic." ], "categories": [ "Financial instruments", "Industry-specific", "Transition and effective dates", "Presentation" ], "audience_level": "intermediate", "student_note": "This subtopic is a shell: ASU 2016-01 wiped out all of its content, so citing it as live authority is the classic mistake. If a question involves a health care entity's investments, go to Topic 320 (debt securities), Topic 321 (equity securities), and Topic 954 for the performance indicator.", "related_topics": [ "320", "321", "954", "954-320", "825", "958-320" ], "key_concepts": [ "superseded guidance", "debt securities", "health care entities", "performance indicator", "industry-specific guidance", "unrealized gains and losses", "recognition and measurement of financial instruments" ] } ``` Source downloaded (UTC): 2026-09-09T23:37:24.372Z to 2026-09-09T23:37:24.372Z Record version: sha256:62f7ba2ee2de8a201675fb4e292175788297f11507f34e062299a9346f372b23 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-954-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/320/954/#00-status) SEC content: no ##### [320-954-00-1](https://asc.understandingaccounting.org/asc/320/954/#320-954-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:24.372Z to 2026-09-09T23:37:24.372Z Record version: sha256:d633ed18ce5bae269f0d4cb0cb3ee3c31237d0b11c6ec05aa3e1c1603d032d50 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 RestrictionAddedAccounting Standards Update No. 2016-1408/18/2016
Net Assets without Donor RestrictionsAddedAccounting Standards Update No. 2016-1408/18/2016
Performance IndicatorSupersededAccounting Standards Update No. 2016-0101/05/2016
954-320-05-1SupersededAccounting Standards Update No. 2016-0101/05/2016
954-320-05-1AmendedAccounting Standards Update No. 2012-0410/01/2012
954-320-15-1SupersededAccounting Standards Update No. 2016-0101/05/2016
954-320-15-1AmendedAccounting Standards Update No. 2012-0410/01/2012
954-320-35-1SupersededAccounting Standards Update No. 2016-0101/05/2016
954-320-35-1AmendedAccounting Standards Update No. 2012-0410/01/2012
954-320-45-1AmendedAccounting Standards Update No. 2016-1408/18/2016
954-320-45-1 through 45-3
SupersededAccounting Standards Update No. 2016-0101/05/2016
954-320-45-2AmendedAccounting Standards Update No. 2016-1408/18/2016
954-320-55-1 through 55-4
SupersededAccounting Standards Update No. 2016-0101/05/2016
954-320-55-4AmendedAccounting Standards Update No. 2016-1408/18/2016
954-320-55-5AddedAccounting Standards Update No. 2016-1408/18/2016
954-320-55-5SupersededAccounting Standards Update No. 2016-1408/18/2016
Source downloaded (UTC): 2026-09-09T23:37:27.518Z to 2026-09-09T23:37:27.518Z Record version: sha256:c0512c7f3434b5755fc4534f32def44256614d85013c38fb6e47ea3859283d38 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-954-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/320/954/#05-overview-and-background) SEC content: no ##### [320-954-05-1](https://asc.understandingaccounting.org/asc/320/954/#320-954-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:27.518Z to 2026-09-09T23:37:27.518Z Record version: sha256:9c7111c0a4c9b066955f85faeee624aa2ed840ca36b429e0db30faaedca10735 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). Source downloaded (UTC): 2026-09-09T23:37:30.279Z to 2026-09-09T23:37:30.279Z Record version: sha256:8a3189dd48274554491ea736ed4452570ddbaf192658eb127585be65d4a223e7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-954-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/320/954/#15-scope-and-scope-exceptions) SEC content: no ##### [320-954-15-1](https://asc.understandingaccounting.org/asc/320/954/#320-954-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:30.279Z to 2026-09-09T23:37:30.279Z Record version: sha256:1803c7122f7aa0492bce7024209e0bfca178df68d8fa0c8cffb0c70d9469bde6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). Source downloaded (UTC): 2026-09-09T23:37:34.055Z to 2026-09-09T23:37:34.055Z Record version: sha256:bf80daccfc71ebb0d1c9b1bcb06f8014d57392beb32471eb856fa5712af96202 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-954-20: 20 Glossary [Read section](https://asc.understandingaccounting.org/asc/320/954/#20-glossary) SEC content: no Source downloaded (UTC): 2026-09-09T23:37:37.428Z to 2026-09-09T23:37:37.428Z Record version: sha256:c9cb322f69f7b1219eb7f348dae2f351844049ad9e15a084ed07a6c966c274b4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-954-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/320/954/#35-subsequent-measurement) SEC content: no ##### [320-954-35-1](https://asc.understandingaccounting.org/asc/320/954/#320-954-35-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:37.428Z to 2026-09-09T23:37:37.428Z Record version: sha256:e356fd1e25c3a058001660bc2981248e02a2ca952836c1bb1b6b6d3134b339d3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). Source downloaded (UTC): 2026-09-09T23:37:39.268Z to 2026-09-09T23:37:39.268Z Record version: sha256:d154eb0d7d987a4df86833627a3e536cf8b25fdfc6c2778a01954cb3dda3b8bc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-954-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/320/954/#45-other-presentation-matters) SEC content: no ##### [320-954-45-1](https://asc.understandingaccounting.org/asc/320/954/#320-954-45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:39.268Z to 2026-09-09T23:37:39.268Z Record version: sha256:801d813c8d6e3ecf876128abebb9893ce7d60b6231346db7a91b9847e94b2145 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [320-954-45-2](https://asc.understandingaccounting.org/asc/320/954/#320-954-45-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:39.268Z to 2026-09-09T23:37:39.268Z Record version: sha256:9081086ba1795dda1049394afb0b9e4b8d65dac38040a657c87e4e0e1a5ee83a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [320-954-45-3](https://asc.understandingaccounting.org/asc/320/954/#320-954-45-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:39.268Z to 2026-09-09T23:37:39.268Z Record version: sha256:099e3465cdee79638272939618b21233ef1ba1761054fbbccfb4ae2ba64fd5bc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). Source downloaded (UTC): 2026-09-09T23:37:43.319Z to 2026-09-09T23:37:43.319Z Record version: sha256:5e464c3766cc4cfd4c43234bdf14ed7e758a28bb6306e8b0b18a061d9ed7c392 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 320-954-55: 55 Implementation Guidance and Illustrations [Read section](https://asc.understandingaccounting.org/asc/320/954/#55-implementation-guidance-and-illustrations) SEC content: no ##### [320-954-55-1](https://asc.understandingaccounting.org/asc/320/954/#320-954-55-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:43.319Z to 2026-09-09T23:37:43.319Z Record version: sha256:cd9c9e2e2befd6670ff5ac31c9dae84b17a5ec71a2a3b51050bf8c1d8a9fa33f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [320-954-55-2](https://asc.understandingaccounting.org/asc/320/954/#320-954-55-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:43.319Z to 2026-09-09T23:37:43.319Z Record version: sha256:67a5acb159a9292b1a05b60ef198faa913d6f2582af599eab720bfc574f87017 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [320-954-55-3](https://asc.understandingaccounting.org/asc/320/954/#320-954-55-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:43.319Z to 2026-09-09T23:37:43.319Z Record version: sha256:b477d52d4f09a27b81b8c7effa0e25ea8b319433fa198092f763fa8c0fc75f35 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [320-954-55-4](https://asc.understandingaccounting.org/asc/320/954/#320-954-55-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:43.319Z to 2026-09-09T23:37:43.319Z Record version: sha256:8ec055641ac6bed5fd7c037adfb2243ab6ea6c993e265d69c5562e62d8adfdd4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [320-954-55-5](https://asc.understandingaccounting.org/asc/320/954/#320-954-55-5) Pending content: no Source downloaded (UTC): 2026-09-09T23:37:43.319Z to 2026-09-09T23:37:43.319Z Record version: sha256:826d24401fbe0505135cd8afe41a4fe591077ed5c37149864f1cad3c307f7084 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/).