{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/320/958/#05-overview-and-background","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":"320","topic_title":"Investments—Debt Securities","subtopic":"320-958","subtopic_title":"Not-for-Profit Entities","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"320-958-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The Not-for-Profit Entities Topic contains several Subtopics for investments held by <a href=\"/glossary/n/#not-for-profit-entity\" class=\"term\" title=\"An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.\"><span>not-for-profit entities</span></a> (NFPs) because the guidance differs by form of the investment. The Subtopics are: <ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\">Financially Interrelated Entities</div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\">Investments—Debt Securities</div></li><li class=\"li-norm\"><span class=\"linum\">bb</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_34244211-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Investments—Equity Securities</span></span></div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\">Investments—Other</div></li><li class=\"li-norm\"><span class=\"linum\">d</span><div class=\"p\">Consolidation.</div></li></ol></div></div>","snippet":"The Not-for-Profit Entities Topic contains several Subtopics for investments held by not-for-profit entities (NFPs) because the guidance differs by form of the investment. The Subtopics are:\n(a) Financially Interrelated …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:68cca221f90b52a07612b83f35880528d22de7d02c7441860ca2cb4919933a4c","downloaded_from":"2026-09-09T23:37:48.647Z","last_downloaded_at":"2026-09-09T23:37:48.647Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477299","source_sha256":"2ac9591c9eccf3c440c2ad3b58ada4c7e776fd357a8c702787b9cb7620fd0117"}},{"citation":"320-958-05-2","para":"05-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_3424430F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">This Subtopic establishes standards of financial accounting and reporting for all investments in debt securities held by NFPs. It also establishes disclosure requirements for those and most other investments held by NFPs. </span></span></div></div>","snippet":"This Subtopic establishes standards of financial accounting and reporting for all investments in debt securities held by NFPs. It also establishes disclosure requirements for those and most other investments held by NFPs…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5694e6108573dff1a38d7c609a5c45fc80a507b1f59513f94a04fc7a0f2c7c31","downloaded_from":"2026-09-09T23:37:48.647Z","last_downloaded_at":"2026-09-09T23:37:48.647Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477299","source_sha256":"2ac9591c9eccf3c440c2ad3b58ada4c7e776fd357a8c702787b9cb7620fd0117"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:db3ea88ab9da0ad6465e428498cff750bfeb4a35fd7265831bc3f59454c43975","downloaded_from":"2026-09-09T23:37:48.647Z","last_downloaded_at":"2026-09-09T23:37:48.647Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477299","source_sha256":"2ac9591c9eccf3c440c2ad3b58ada4c7e776fd357a8c702787b9cb7620fd0117"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a8142aeee05c1a1e4b093f108bc18d0c09b792903e9d56255405bdd50782ce08","downloaded_from":"2026-09-09T23:37:48.647Z","last_downloaded_at":"2026-09-09T23:37:48.647Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477299","source_sha256":"2ac9591c9eccf3c440c2ad3b58ada4c7e776fd357a8c702787b9cb7620fd0117"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a8142aeee05c1a1e4b093f108bc18d0c09b792903e9d56255405bdd50782ce08","downloaded_from":"2026-09-09T23:37:48.647Z","last_downloaded_at":"2026-09-09T23:37:48.647Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477299","source_sha256":"2ac9591c9eccf3c440c2ad3b58ada4c7e776fd357a8c702787b9cb7620fd0117"}}