# ASC 325-905: Investments—Other — Agriculture Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/325/905/) 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. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-09T23:45:01.186Z to 2026-09-09T23:45:25.642Z Record version: sha256:7ff8b2759c595a84d6a4a0fe52a7fef3dc7ec7b97ec5b9260d0dfba3930044d3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905: Investments—Other — Agriculture ### Machine-generated study aids ```json { "summary": "ASC 325-905 governs how agricultural cooperatives account for investments in other cooperatives and how patrons (members) account for their investments in a cooperative. The core rule is that these nonmarketable long-term investments are carried at cost — including allocated equities and per-unit retains recorded at face value — rather than as equity securities, with the equity method of ASC 323-10 applied only in the infrequent case where the investor's share of the investee cooperative's unallocated retained earnings is material. Carrying amounts must be written down when the patron cannot recover full carrying value, and undistributed retains are classified as noncurrent.", "key_points": [ "Investments in cooperatives are not equity securities, are usually nonmarketable and non-transferable except back to the issuing cooperative, and are made to obtain a source of supply or marketing services rather than a return on investment (325-905-05-4).", "Long-term nonmarketable investments in agricultural cooperatives are carried at cost if not impaired; ASC 323-10's equity method applies when the investor has significant influence (325-905-25-1).", "Where a cooperative allocates all earnings to patrons and has no unallocated earnings on a book basis, ASC 323-10 does not apply; the equity method is used only when the investor's share of unallocated retained earnings is material, applied with consideration of the cooperative's voting rules or statutory rights (325-905-25-2).", "Cost means the amount of any cash investment plus the face amount of all written notices of allocation — per-unit retains, capital equity credits, revolving fund certificates, and certificates of equity (325-905-30-1); patrons record per-unit retains at face value (325-905-30-3).", "The carrying amount must be reduced if the patron cannot recover full carrying value; at a minimum the excess of the investee's unallocated losses over unallocated equities is recognized based on the patron's proportionate share of total equity, unless full recovery is demonstrated to be probable (325-905-35-1).", "Recoverability factors include whether losses were identifiable, isolated and nonrecurring; the investee's long-term profitability history; and whether the investor has ceased or will cease patronizing the cooperative (325-905-35-2).", "Retains not to be redeemed in the current year are classified as noncurrent (325-905-45-1), and a patron economically dependent on a cooperative for sale of all or a significant portion of annual production must disclose the extent of those transactions (325-905-50-1)." ], "categories": [ "Subsequent measurement", "Impairment", "Initial measurement", "Industry-specific" ], "audience_level": "intermediate", "student_note": "The trap is assuming that a patron's sizable stake in a cooperative triggers the equity method — it usually does not, because voting is one-member-one-vote and earnings are fully allocated to patrons, so cost (including retains at face value) is the default. Watch the impairment trigger: unallocated losses exceeding unallocated equities force a write-down unless full recovery is probable.", "related_topics": [ "905-10", "905-605", "323-10", "321-10", "325-20" ], "key_concepts": [ "agricultural cooperative", "patron", "per-unit retains", "allocated equities", "notices of allocation", "cost method", "unallocated losses", "economic dependency disclosure" ] } ``` Source downloaded (UTC): 2026-09-09T23:45:01.186Z to 2026-09-09T23:45:01.186Z Record version: sha256:a3534896fe7f12b425425060f8df90eed94842b5ca8209d977bcedf748b8f1f7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/325/905/#00-status) SEC content: no ##### [325-905-00-1](https://asc.understandingaccounting.org/asc/325/905/#325-905-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:01.186Z to 2026-09-09T23:45:01.186Z Record version: sha256:312829fb82faeb3146c7b359ffce3200d3d5f45bc6b22f7be39ef5310b5c1333 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
Agricultural CooperativeAddedAccounting Standards Update No. 2014-0603/14/2014
CooperativesSupersededAccounting Standards Update No. 2014-0603/14/2014
Member of an Agricultural CooperativeAddedAccounting Standards Update No. 2014-0603/14/2014
Nonmember of an Agricultural CooperativeAddedAccounting Standards Update No. 2014-0603/14/2014
PatronsAmendedAccounting Standards Update No. 2014-0603/14/2014
Written Notice of AllocationAddedAccounting Standards Update No. 2014-0603/14/2014
905-325-05-1 through 05-4
AmendedAccounting Standards Update No. 2014-0603/14/2014
905-325-15-2AmendedAccounting Standards Update No. 2014-0603/14/2014
905-325-15-3AmendedAccounting Standards Update No. 2014-0603/14/2014
905-325-25-1AmendedAccounting Standards Update No. 2014-0603/14/2014
905-325-30-1AmendedAccounting Standards Update No. 2014-0603/14/2014
905-325-30-2AmendedAccounting Standards Update No. 2014-0603/14/2014
Source downloaded (UTC): 2026-09-09T23:45:04.068Z to 2026-09-09T23:45:04.068Z Record version: sha256:88c1f262187b334449b9f8e9617aea2623cf6118f632d04e0a92b8851003142b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/325/905/#05-overview-and-background) SEC content: no ##### [325-905-05-1](https://asc.understandingaccounting.org/asc/325/905/#325-905-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:04.068Z to 2026-09-09T23:45:04.068Z Record version: sha256:4e7eaa647ef51432fa1bdbd86c87a2ae85c0a517dc083a3620a34f24074ee2cb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Subtopic addresses all other investments for entities in the agricultural industry. The guidance for accounting by different entities in the agricultural industry is presented in the following two Subsections: 1. a Cooperatives 2. b Cooperatives—[Patrons](https://asc.understandingaccounting.org/glossary/p/#patrons "Any individual, trust, estate, partnership, corporation, or agricultural cooperative with or for whom a cooperative does business on a cooperative basis, whether a member of an agricultural cooperative or nonmember of an agricultural cooperative."). ### Cooperatives ##### [325-905-05-2](https://asc.understandingaccounting.org/asc/325/905/#325-905-05-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:04.068Z to 2026-09-09T23:45:04.068Z Record version: sha256:38319d9d1620c7718eb5ce98f4de9117d84610febd0634cb4b26d9ea63e34ce3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Cooperatives Subsections provide guidance for an [agricultural cooperative](https://asc.understandingaccounting.org/glossary/a/#agricultural-cooperative "The Agricultural Marketing Act of 1929 defines a cooperative association as any association in which farmers act together in processing, preparing for market, handling, and/or marketing the farm products of persons so engaged, and also means any association in which farmers act together in purchasing, testing, grading, processing, distributing, and/or furnishing farm supplies and/or farm business services. Provided, however, that such associations are operated for producers or purchasers and conform to one or both of the following requirements: No member of an agricultural cooperative association is allowed more than one vote because of the amount of stock or membership capital he may own therein. The association does not pay dividends on stock or membership capital in excess of 8 percent per year. In addition to meeting either of the requirements in this paragraph, the association shall not deal in farm products, farm supplies, and farm business services with or for nonmembers of an agricultural cooperative in an amount greater in value than the total amount of such business transacted by it with or for members. All business transacted by any cooperative association for or on behalf of the United States or any agency or instrumentality thereof shall be disregarded in determining the volume of member and nonmember business transacted by such association.") if it holds investments in other cooperatives. ### Cooperatives—Patrons ##### [325-905-05-3](https://asc.understandingaccounting.org/asc/325/905/#325-905-05-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:04.068Z to 2026-09-09T23:45:04.068Z Record version: sha256:ee03be90efbdc53310606ec81e2d8c4a7826818a4fcfb215b475fca6248bd6a3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Cooperatives—[Patrons](https://asc.understandingaccounting.org/glossary/p/#patrons "Any individual, trust, estate, partnership, corporation, or agricultural cooperative with or for whom a cooperative does business on a cooperative basis, whether a member of an agricultural cooperative or nonmember of an agricultural cooperative.") Subsections provide guidance for a patron's investments in cooperatives. ##### [325-905-05-4](https://asc.understandingaccounting.org/asc/325/905/#325-905-05-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:04.068Z to 2026-09-09T23:45:04.068Z Record version: sha256:9aab67114c08209c7eb2ed3ff1baf81002d227682cc80f8056561f398cebf077 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Member patrons provide most of the capital required by [agricultural cooperatives](https://asc.understandingaccounting.org/glossary/a/#agricultural-cooperative "The Agricultural Marketing Act of 1929 defines a cooperative association as any association in which farmers act together in processing, preparing for market, handling, and/or marketing the farm products of persons so engaged, and also means any association in which farmers act together in purchasing, testing, grading, processing, distributing, and/or furnishing farm supplies and/or farm business services. Provided, however, that such associations are operated for producers or purchasers and conform to one or both of the following requirements: No member of an agricultural cooperative association is allowed more than one vote because of the amount of stock or membership capital he may own therein. The association does not pay dividends on stock or membership capital in excess of 8 percent per year. In addition to meeting either of the requirements in this paragraph, the association shall not deal in farm products, farm supplies, and farm business services with or for nonmembers of an agricultural cooperative in an amount greater in value than the total amount of such business transacted by it with or for members. All business transacted by any cooperative association for or on behalf of the United States or any agency or instrumentality thereof shall be disregarded in determining the volume of member and nonmember business transacted by such association."). The capital usually represents long-term investments acquired through initial cash investments, [retains](https://asc.understandingaccounting.org/glossary/r/#retains "Amounts determined on a per-unit basis or as a percentage of patronage earnings that are withheld by cooperatives from distributions and allocated to patrons' capital accounts."), or noncash [patronage](https://asc.understandingaccounting.org/glossary/p/#patronage "The amount of business done with a cooperative by one of its patrons. Patronage is measured by either the quantity or value of commodities received from patrons by a marketing cooperative and the quantity or value of the goods and services sold to patrons by a supply cooperative.") allocations. Voting rights for those investments are usually based on one-member-one-vote or limited weighted voting rather than on the number or amount of securities or other evidence of equity ownership held. The significance of investments by patrons results primarily from the purchasing or marketing rights and participation in the operating earnings. The investments are made primarily to obtain an economical source of supply or marketing services and not on the expectation of a return on investment. Investments in cooperatives are not equity securities and usually are not readily marketable, and transfer or sale, other than back to the issuing cooperative, is usually restricted or prohibited. As such, the operations of cooperatives have many of the attributes of corporate joint ventures or partnerships. Source downloaded (UTC): 2026-09-09T23:45:06.056Z to 2026-09-09T23:45:06.056Z Record version: sha256:abc5f697b5cc45917ece8431cbc33928bd67a57d2e4620a7f57236d59c0e52ee Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/325/905/#15-scope-and-scope-exceptions) SEC content: no #### Overall Guidance ##### [325-905-15-1](https://asc.understandingaccounting.org/asc/325/905/#325-905-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:06.056Z to 2026-09-09T23:45:06.056Z Record version: sha256:52d1f23a56ab4a625512bd3d6316e210c76e371cd684e34a0388c076b89cc68f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see the [General Subsection](https://asc.understandingaccounting.org/asc/905/10/#15-scope-and-scope-exceptions) of Section 905-10-15. ### Cooperatives ##### [325-905-15-2](https://asc.understandingaccounting.org/asc/325/905/#325-905-15-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:06.056Z to 2026-09-09T23:45:06.056Z Record version: sha256:40b898b6c519abcbbecc75ec0592dbc1ce4c01308a18b92f711c5e01b18f5fa6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Cooperatives Subsections follow the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see the [Cooperatives Subsection](https://asc.understandingaccounting.org/asc/905/10/#15-scope-and-scope-exceptions) of Section 905-10-15. ### Cooperatives—Patrons ##### [325-905-15-3](https://asc.understandingaccounting.org/asc/325/905/#325-905-15-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:06.056Z to 2026-09-09T23:45:06.056Z Record version: sha256:0b00efac15682eb5ea3c4bcb78e6c5acd0ec1fb8f22934ef92ca020f6bef6601 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Cooperatives—[Patrons](https://asc.understandingaccounting.org/glossary/p/#patrons "Any individual, trust, estate, partnership, corporation, or agricultural cooperative with or for whom a cooperative does business on a cooperative basis, whether a member of an agricultural cooperative or nonmember of an agricultural cooperative.") Subsections follow the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see the [Cooperatives—Patrons Subsection](https://asc.understandingaccounting.org/asc/905/10/#15-scope-and-scope-exceptions) of Section 905-10-15. Source downloaded (UTC): 2026-09-09T23:45:12.476Z to 2026-09-09T23:45:12.476Z Record version: sha256:d22c00b9abdb08a2067732b1bd7f81b90b306f028a8ee4a66e2b23081aad85bb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/325/905/#25-recognition) SEC content: no ### Cooperatives—Patrons ##### [325-905-25-1](https://asc.understandingaccounting.org/asc/325/905/#325-905-25-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:12.476Z to 2026-09-09T23:45:12.476Z Record version: sha256:2050a207b42a69226c7b6769fa1192c4c913f53dc829bf284ee1658d2446caba Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Long-term investments, such as nonmarketable investments in [agricultural cooperatives](https://asc.understandingaccounting.org/glossary/a/#agricultural-cooperative "The Agricultural Marketing Act of 1929 defines a cooperative association as any association in which farmers act together in processing, preparing for market, handling, and/or marketing the farm products of persons so engaged, and also means any association in which farmers act together in purchasing, testing, grading, processing, distributing, and/or furnishing farm supplies and/or farm business services. Provided, however, that such associations are operated for producers or purchasers and conform to one or both of the following requirements: No member of an agricultural cooperative association is allowed more than one vote because of the amount of stock or membership capital he may own therein. The association does not pay dividends on stock or membership capital in excess of 8 percent per year. In addition to meeting either of the requirements in this paragraph, the association shall not deal in farm products, farm supplies, and farm business services with or for nonmembers of an agricultural cooperative in an amount greater in value than the total amount of such business transacted by it with or for members. All business transacted by any cooperative association for or on behalf of the United States or any agency or instrumentality thereof shall be disregarded in determining the volume of member and nonmember business transacted by such association."), shall be carried at cost if the value of the investments is not impaired. Subtopic 323-10 requires the equity method of accounting for investments in which the investor has significant influence over an investee's operating and financial policies. ##### [325-905-25-2](https://asc.understandingaccounting.org/asc/325/905/#325-905-25-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:12.476Z to 2026-09-09T23:45:12.476Z Record version: sha256:78ea28074e9d60aa8988956b5acd14dfd3bf38f0e419e8026ca557c632dcd4ac Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When a cooperative allocates all earnings to [patrons](https://asc.understandingaccounting.org/glossary/p/#patrons "Any individual, trust, estate, partnership, corporation, or agricultural cooperative with or for whom a cooperative does business on a cooperative basis, whether a member of an agricultural cooperative or nonmember of an agricultural cooperative.") (on a tax or book basis) and there are no unallocated earnings (on a book basis), the principles set forth in Subtopic 323-10 are not applicable. In those infrequent instances when the investor's share of unallocated retained earnings of an investee cooperative is material to the investor, the equity method of accounting shall be applied in a manner that gives consideration to the voting rules or statutory rights applicable to the cooperative. ##### [325-905-25-3](https://asc.understandingaccounting.org/asc/325/905/#325-905-25-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:12.476Z to 2026-09-09T23:45:12.476Z Record version: sha256:210655335f8f81e4ce1238585f58f9e005e515471196de794bbf5fab3eacfc8e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See also paragraphs [905-605-25-2 through 25-3](https://asc.understandingaccounting.org/asc/605/905/#605-905-25-2) concerning cooperative accounting for losses. Source downloaded (UTC): 2026-09-09T23:45:14.678Z to 2026-09-09T23:45:14.678Z Record version: sha256:ea2153f0a7a4f93d3679f5ef9fadbe1b5af78b42d52f278e3ab67504f7d1c068 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905-30: 30 Initial Measurement [Read section](https://asc.understandingaccounting.org/asc/325/905/#30-initial-measurement) SEC content: no ### Cooperatives ##### [325-905-30-1](https://asc.understandingaccounting.org/asc/325/905/#325-905-30-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:14.678Z to 2026-09-09T23:45:14.678Z Record version: sha256:9776463710a038507a0bbc2819abfa028b11a5a5515a14aa434a70f108175a5d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Investments in other [agricultural cooperatives](https://asc.understandingaccounting.org/glossary/a/#agricultural-cooperative "The Agricultural Marketing Act of 1929 defines a cooperative association as any association in which farmers act together in processing, preparing for market, handling, and/or marketing the farm products of persons so engaged, and also means any association in which farmers act together in purchasing, testing, grading, processing, distributing, and/or furnishing farm supplies and/or farm business services. Provided, however, that such associations are operated for producers or purchasers and conform to one or both of the following requirements: No member of an agricultural cooperative association is allowed more than one vote because of the amount of stock or membership capital he may own therein. The association does not pay dividends on stock or membership capital in excess of 8 percent per year. In addition to meeting either of the requirements in this paragraph, the association shall not deal in farm products, farm supplies, and farm business services with or for nonmembers of an agricultural cooperative in an amount greater in value than the total amount of such business transacted by it with or for members. All business transacted by any cooperative association for or on behalf of the United States or any agency or instrumentality thereof shall be disregarded in determining the volume of member and nonmember business transacted by such association.") shall be accounted for at cost, including allocated equities and [retains](https://asc.understandingaccounting.org/glossary/r/#retains "Amounts determined on a per-unit basis or as a percentage of patronage earnings that are withheld by cooperatives from distributions and allocated to patrons' capital accounts."). For this purpose, cost means the amount of any cash investment and the face amount of all [written notices of allocation](https://asc.understandingaccounting.org/glossary/w/#written-notice-of-allocation "Any capital stock, revolving fund certificate, retain certificate, certificate of indebtedness, letter of advice, or other written notice to the recipient that states the dollar amount allocated to the patron by the cooperative and the portion that constitutes a patronage dividend.") in the form of per-unit retains, capital equity credits, revolving fund certificates, and certificates of equity. ### Cooperatives—Patrons ##### [325-905-30-2](https://asc.understandingaccounting.org/asc/325/905/#325-905-30-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:14.678Z to 2026-09-09T23:45:14.678Z Record version: sha256:b18e92f74d7985a33c0f65665a64c445c0daa549bb815c6a796f6d58a6f7c036 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Investments in cooperatives shall be accounted for at cost, including allocated equities and [retains](https://asc.understandingaccounting.org/glossary/r/#retains "Amounts determined on a per-unit basis or as a percentage of patronage earnings that are withheld by cooperatives from distributions and allocated to patrons' capital accounts."). ##### [325-905-30-3](https://asc.understandingaccounting.org/asc/325/905/#325-905-30-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:14.678Z to 2026-09-09T23:45:14.678Z Record version: sha256:407677d42ef1505ae973bbd870ba5399e20066347b2b602974dbba896e116d7d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For [patrons](https://asc.understandingaccounting.org/glossary/p/#patrons "Any individual, trust, estate, partnership, corporation, or agricultural cooperative with or for whom a cooperative does business on a cooperative basis, whether a member of an agricultural cooperative or nonmember of an agricultural cooperative."), the retains represent investments in the cooperative. Patrons shall record the per-unit retains at face value. Source downloaded (UTC): 2026-09-09T23:45:17.722Z to 2026-09-09T23:45:17.722Z Record version: sha256:176f24af21408560b5932ef1b7c26dbd4c3f681f0faaba64bf3b58b51ee45359 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/325/905/#35-subsequent-measurement) SEC content: no ### Cooperatives—Patrons ##### [325-905-35-1](https://asc.understandingaccounting.org/asc/325/905/#325-905-35-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:17.722Z to 2026-09-09T23:45:17.722Z Record version: sha256:77d381a3c8dadbf34885b2a67e32334ea3a093180729c2fc108a9debd35de238 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The carrying amount of an investment in a cooperative shall be reduced if the [patron](https://asc.understandingaccounting.org/glossary/p/#patrons "Any individual, trust, estate, partnership, corporation, or agricultural cooperative with or for whom a cooperative does business on a cooperative basis, whether a member of an agricultural cooperative or nonmember of an agricultural cooperative.") is unable to recover the full carrying value of the investment. Losses unallocated by the investee may indicate such an inability, and, at a minimum, the excess of unallocated losses over unallocated equities shall be recognized by the patron based on the patron's proportionate share of the total equity of the investee cooperative, or any other appropriate method, unless the patron demonstrates that it is probable that the carrying amount of the investment in the cooperative can be fully recovered. ##### [325-905-35-2](https://asc.understandingaccounting.org/asc/325/905/#325-905-35-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:17.722Z to 2026-09-09T23:45:17.722Z Record version: sha256:ee4a952ede54a99f643bd8ad5d9b7310ff1f602d7a418222a65869e07558bae9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Factors to consider in making the determination include all of the following: 1. a Whether the unallocated losses resulted from identifiable, isolated, and nonrecurring events 2. b Whether the investee cooperative has been profitable over a long period of time and suffered only occasional losses that were offset by unallocated earnings or equities 3. c Whether the investor has ceased or will cease to patronize the investee cooperative on a permanent basis or for an extended period of time. Source downloaded (UTC): 2026-09-09T23:45:20.336Z to 2026-09-09T23:45:20.336Z Record version: sha256:b5e11e47eb86f20e5053a9340e49c86915ecb763f37cf425c0d997a817374aa2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/325/905/#45-other-presentation-matters) SEC content: no ### Cooperatives—Patrons ##### [325-905-45-1](https://asc.understandingaccounting.org/asc/325/905/#325-905-45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:20.336Z to 2026-09-09T23:45:20.336Z Record version: sha256:250c05c285a9128e4776cb330c2358114dec0dea9833d9318847536ee10c8ee7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If [retains](https://asc.understandingaccounting.org/glossary/r/#retains "Amounts determined on a per-unit basis or as a percentage of patronage earnings that are withheld by cooperatives from distributions and allocated to patrons' capital accounts.") are not to be redeemed in the current year by the producer (that is, the [patron](https://asc.understandingaccounting.org/glossary/p/#patrons "Any individual, trust, estate, partnership, corporation, or agricultural cooperative with or for whom a cooperative does business on a cooperative basis, whether a member of an agricultural cooperative or nonmember of an agricultural cooperative.")), the retains shall be classified as noncurrent. Source downloaded (UTC): 2026-09-09T23:45:23.768Z to 2026-09-09T23:45:23.768Z Record version: sha256:0c812668be9e24db638a992973b76538a288948bb07a1b54979811e469d9b0da Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-905-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/325/905/#50-disclosure) SEC content: no ### Cooperatives—Patrons ##### [325-905-50-1](https://asc.understandingaccounting.org/asc/325/905/#325-905-50-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:45:23.768Z to 2026-09-09T23:45:23.768Z Record version: sha256:d98576f26f15413910a1c5a9b55575042111045d3afc05801755fab0d538af07 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If a [patron](https://asc.understandingaccounting.org/glossary/p/#patrons "Any individual, trust, estate, partnership, corporation, or agricultural cooperative with or for whom a cooperative does business on a cooperative basis, whether a member of an agricultural cooperative or nonmember of an agricultural cooperative.") is economically dependent on a cooperative for sale of all or a significant portion of annual production, the extent of such transactions shall be disclosed in the financial statements.