{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/323/30/#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":"323-30","subtopic_title":"Partnerships, Joint Ventures, and Limited Liability Entities","section":{"number":"S55","label":"SEC 55 Implementation Guidance and Illustrations","anchor":"sec-55-implementation-guidance-and-illustrations","is_sec":true,"groups":[{"block":null,"heading":"Accounting for Limited Partnership Investments","paragraphs":[{"citation":"323-30-S55-1","para":"S55-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_B10C40F2-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">See paragraph <a href=\"/asc/323/30/#323-30-S99-1\" class=\"xref\">323-30-S99-1</a>, SEC Staff Announcement: Accounting for Limited Partnership Investments, for SEC Staff views on when a limited partner may have \"so minor\" an interest that the equity method would not be required. </span></span></div></div>","snippet":"See paragraph 323-30-S99-1, SEC Staff Announcement: Accounting for Limited Partnership Investments, for SEC Staff views on when a limited partner may have \"so minor\" an interest that the equity method would not be requir…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:50e260cf365416bd31a2abe71f551878064f2fbc136112783dfccbdc93a252d2","downloaded_from":"2026-09-09T23:41:02.617Z","last_downloaded_at":"2026-09-09T23:41:02.617Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480540","source_sha256":"428e1f4cf6def9982e608e4c5d15d7eb8ef3c96edc5509f707211e403b40de70"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fe31475592ae50166a28bdb069ffc1959e1d76c65b8675ec046e1b4b4fac6af8","downloaded_from":"2026-09-09T23:41:02.617Z","last_downloaded_at":"2026-09-09T23:41:02.617Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480540","source_sha256":"428e1f4cf6def9982e608e4c5d15d7eb8ef3c96edc5509f707211e403b40de70"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d8b85e0b6d5a2edd356444af3b03c5fbe6b8cc2f4e8ac6d00442acbc19def663","downloaded_from":"2026-09-09T23:41:02.617Z","last_downloaded_at":"2026-09-09T23:41:02.617Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480540","source_sha256":"428e1f4cf6def9982e608e4c5d15d7eb8ef3c96edc5509f707211e403b40de70"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d8b85e0b6d5a2edd356444af3b03c5fbe6b8cc2f4e8ac6d00442acbc19def663","downloaded_from":"2026-09-09T23:41:02.617Z","last_downloaded_at":"2026-09-09T23:41:02.617Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480540","source_sha256":"428e1f4cf6def9982e608e4c5d15d7eb8ef3c96edc5509f707211e403b40de70"}}