{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/323/740/#sec-25-recognition","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":"323-740","subtopic_title":"Income Taxes—Proportional Amortization Method","section":{"number":"S25","label":"SEC 25 Recognition","anchor":"sec-25-recognition","is_sec":true,"groups":[{"block":"Qualified Affordable Housing Project Investments","heading":null,"paragraphs":[{"citation":"323-740-S25-1","para":"S25-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_B2BCACF0-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">See paragraph <a href=\"/asc/323/740/#323-740-S99-2\" class=\"xref\">323-740-S99-2</a>, SEC Observer Comment: Accounting for Tax Benefits Resulting from Investments in Affordable Housing Projects, for SEC Staff views on extending the application of the effective yield method policy election used in affordable housing project investment to analogous situations. </span></span></div></div>","snippet":"See paragraph 323-740-S99-2, SEC Observer Comment: Accounting for Tax Benefits Resulting from Investments in Affordable Housing Projects, for SEC Staff views on extending the application of the effective yield method pol…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3a40d2153441ffb67c168546d8f6fc47b94c0e2cfb983f7f47f72303dc20fdf","downloaded_from":"2026-09-09T23:41:45.795Z","last_downloaded_at":"2026-09-09T23:41:45.795Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477565","source_sha256":"97bac9595ebbb5ce01d533f0559894ee8f4b2c9419a6178cb4021b4d375945a0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6dc2d22ef2d8013e674e6f9e85f4db2a79544a05b1ed4dc597aeb47fb0ac28c7","downloaded_from":"2026-09-09T23:41:45.795Z","last_downloaded_at":"2026-09-09T23:41:45.795Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477565","source_sha256":"97bac9595ebbb5ce01d533f0559894ee8f4b2c9419a6178cb4021b4d375945a0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:71eb21e469789eb9735d5d5904334d11e79752796ece44997929048dd4bdd6c4","downloaded_from":"2026-09-09T23:41:45.795Z","last_downloaded_at":"2026-09-09T23:41:45.795Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477565","source_sha256":"97bac9595ebbb5ce01d533f0559894ee8f4b2c9419a6178cb4021b4d375945a0"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:71eb21e469789eb9735d5d5904334d11e79752796ece44997929048dd4bdd6c4","downloaded_from":"2026-09-09T23:41:45.795Z","last_downloaded_at":"2026-09-09T23:41:45.795Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477565","source_sha256":"97bac9595ebbb5ce01d533f0559894ee8f4b2c9419a6178cb4021b4d375945a0"}}