{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/323/10/#sec-55-implementation-guidance-and-illustrations","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":"323","topic_title":"Investments—Equity Method and Joint Ventures","subtopic":"323-10","subtopic_title":"Overall","section":{"number":"S55","label":"SEC 55 Implementation Guidance and Illustrations","anchor":"sec-55-implementation-guidance-and-illustrations","is_sec":true,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"323-10-S55-1","para":"S55-1","html":"","snippet":"Paragraph superseded by Accounting Standards Update No. 2010-04.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:41d826ed54d0ad7db271451dc0bf503feb65229c6ac3857fc26722d9ef32994a","downloaded_from":"2026-09-09T23:40:36.396Z","last_downloaded_at":"2026-09-09T23:40:36.396Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480620","source_sha256":"f2526186f4382f299086aeb44868af474c5490eed7be37d99e9e185cc086e960"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:656a5d1de70e6f37e6235d5e34a1ac846a7af2a328a37d291a7defa9dff098b0","downloaded_from":"2026-09-09T23:40:36.396Z","last_downloaded_at":"2026-09-09T23:40:36.396Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480620","source_sha256":"f2526186f4382f299086aeb44868af474c5490eed7be37d99e9e185cc086e960"}},{"block":null,"heading":"Undistributed Earnings of 50 Percent or Less Owned Persons","paragraphs":[{"citation":"323-10-S55-2","para":"S55-2","html":"See paragraph 323-10-S99-1, SAB Topic 6.K.3, for SEC Staff views on determining whether footnote disclosure is required about undistributed earnings of 50 percent or less owned persons. See paragraph 323-10-S99-2, SAB Topic 6.K.4(b), for SEC Staff views on when providing summarized disclosure required by Regulation S-X Rule 4-08(g) is appropriate.