{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/323/30/#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":"323","topic_title":"Investments—Equity Method and Joint Ventures","subtopic":"323-30","subtopic_title":"Partnerships, Joint Ventures, and Limited Liability Entities","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"323-30-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic provides guidance on applying the criteria for equity method accounting to investments in partnerships, unincorporated joint ventures, and limited liability companies.</div></div>","snippet":"This Subtopic provides guidance on applying the criteria for equity method accounting to investments in partnerships, unincorporated joint ventures, and limited liability companies.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:87a14dbd1786d5ca46bf75604d3c63fa0de24aecde061f0c86e1504f60269257","downloaded_from":"2026-09-09T23:40:43.763Z","last_downloaded_at":"2026-09-09T23:40:43.763Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481518","source_sha256":"33aca4b348c5ea814b5d1f5eb7af282dec028e7113b47eeede66fffbd6e1385c"}},{"citation":"323-30-05-2","para":"05-2","html":"<div class=\"asc-body\"><div class=\"norm-text\">See Section <a altsource=\"GUID-5C5BE685-9B72-4CBE-BA01-9AEBB953E935.ditamap\" class=\"ditamap\">323-10-05</a> for a discussion of the interaction of guidance in the multiple Subtopics within the Investments—Equity Method and Joint Ventures Topic.</div></div>","snippet":"See Section 323-10-05 for a discussion of the interaction of guidance in the multiple Subtopics within the Investments—Equity Method and Joint Ventures Topic.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:026e3f29eadb7d9310ca829b065367d229b4b34efc8fd1f1d142e4ad3222c077","downloaded_from":"2026-09-09T23:40:43.763Z","last_downloaded_at":"2026-09-09T23:40:43.763Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481518","source_sha256":"33aca4b348c5ea814b5d1f5eb7af282dec028e7113b47eeede66fffbd6e1385c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:11fb861930c4b9b30edffc7d74f002c066e45aadba2a8fe262966311a2422ff2","downloaded_from":"2026-09-09T23:40:43.763Z","last_downloaded_at":"2026-09-09T23:40:43.763Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481518","source_sha256":"33aca4b348c5ea814b5d1f5eb7af282dec028e7113b47eeede66fffbd6e1385c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9cb7758afbdb1533554cf62ba4b7c917e9d57b83f7cab19978cfe69dd0a42190","downloaded_from":"2026-09-09T23:40:43.763Z","last_downloaded_at":"2026-09-09T23:40:43.763Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481518","source_sha256":"33aca4b348c5ea814b5d1f5eb7af282dec028e7113b47eeede66fffbd6e1385c"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9cb7758afbdb1533554cf62ba4b7c917e9d57b83f7cab19978cfe69dd0a42190","downloaded_from":"2026-09-09T23:40:43.763Z","last_downloaded_at":"2026-09-09T23:40:43.763Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481518","source_sha256":"33aca4b348c5ea814b5d1f5eb7af282dec028e7113b47eeede66fffbd6e1385c"}}