# ASC 325-958: Investments—Other — Not-for-Profit Entities Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/325/958/) 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): 2026-09-09T23:47:13.039Z to 2026-09-09T23:47:39.630Z Record version: sha256:1fef1a29ccbb8e1a0d5ed79628c95b44b8c58a93661737d62ad6389fc03c8f91 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958: Investments—Other — Not-for-Profit Entities ### Machine-generated study aids ```json { "summary": "ASC 325-958 governs how not-for-profit entities account for \"other investments\"—those that are neither debt nor equity securities, derivatives, equity-method or consolidated investees, nor investments held by a financially interrelated entity—such as real estate, non-security mortgage notes, and oil and gas interests. Purchased other investments are initially measured at acquisition cost (including transaction fees) and contributed or agency-acquired ones at fair value. Subsequent measurement depends on the type of NFP: higher education institutions and voluntary health and welfare entities may elect carrying value or fair value, while other NFPs elect fair value or the lower of cost or fair value, applied consistently to all other investments.", "key_points": [ "The Subtopic covers investments in real estate, mortgage notes that are not debt securities, and oil and gas interests, but excludes equity securities (958-321), debt securities (958-320), Topic 815 derivatives, equity-method and consolidated for-profit or NFP investees, and interests held by a financially interrelated entity (958-20) (325-958-15-2 through 15-3).", "An investment acquired by contribution is recognized as an asset and as revenues or gains in the period received under 958-605-25-2 (325-958-25-1).", "If the NFP acquires or holds an investment as an agent with little or no discretion over use of the income and gains and losses, the transaction is reported as an agency transaction—changes in assets and liabilities rather than changes in net assets (325-958-25-2; 325-958-35-16).", "Other investments are initially measured at acquisition cost including brokerage and other transaction fees if purchased, and at fair value if received as a contribution or through an agency transaction; credit losses within Topic 326 are measured under that Topic (325-958-30-1).", "Colleges, universities, and community or junior colleges and voluntary health and welfare entities report other investments at either carrying value (cost if purchased, fair value at gift date if contributed) or fair value, with the same measurement attribute used for all other investments except those measured at fair value under 815-15-25 or the 825-10 fair value option; wasting assets are usually reported net of an allowance for depreciation or depletion (325-958-35-1 through 35-4).", "NFPs that are not colleges, universities, voluntary health and welfare entities, or health care entities report other investments at fair value or at the lower of cost or fair value, recognizing declines when aggregate fair value is below carrying amount and recoveries in later periods up to original cost (325-958-35-6 through 35-7); NFP business-oriented health care entities instead apply 954-325-35 (325-958-35-5A).", "Disclosures follow Section 958-320-50 and, for each statement of financial position presented, must include the basis for determining the carrying amount of other investments and the methods and significant assumptions used to estimate fair values of investments other than financial instruments reported at fair value (325-958-50-1 through 50-2)." ], "categories": [ "Not-for-profit", "Subsequent measurement", "Initial measurement", "Disclosure" ], "audience_level": "intermediate", "student_note": "The trap here is assuming all NFP investments are carried at fair value: only equity and debt securities get that automatic treatment—\"other investments\" like real estate and oil and gas interests carry a measurement policy election that varies by type of NFP, and the same attribute must be applied consistently across the portfolio. Also watch the agency-transaction rule, which keeps the investment off the statement of activities entirely.", "related_topics": [ "958-320", "958-321", "958-20", "958-810", "954-325", "820" ], "key_concepts": [ "other investments", "not-for-profit entities", "carrying value vs fair value", "agency transaction", "contributed investments", "lower of cost or fair value", "allowance for credit losses", "wasting assets" ] } ``` Source downloaded (UTC): 2026-09-09T23:47:13.039Z to 2026-09-09T23:47:13.039Z Record version: sha256:dd52cd3c7a98954cb8e86823f96fff7ce5870deb299a547be44ad34f49d5519a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/325/958/#00-status) SEC content: no ##### [325-958-00-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:13.039Z to 2026-09-09T23:47:13.039Z Record version: sha256:2ce0be1607fa8baaf746a19a0828a022d8112e8f6d443824f4b9c08532900592 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
Agency TransactionAddedAccounting Standards Update No. 2015-1006/12/2015
Agency Transactions (Not for Profits)SupersededAccounting Standards Update No. 2015-1006/12/2015
Conditional ContributionAddedAccounting Standards Update No. 2018-0806/21/2018
ContributionAmendedAccounting Standards Update No. 2018-0806/21/2018
ContributionAmendedAccounting Standards Update No. 2010-0701/28/2010
Donor-Imposed ConditionAddedAccounting Standards Update No. 2018-0806/21/2018
Promise to GiveAddedAccounting Standards Update No. 2018-0806/21/2018
Readily Determinable Fair ValueSupersededAccounting Standards Update No. 2016-0101/05/2016
Readily Determinable Fair ValueAmendedAccounting Standards Update No. 2015-1006/12/2015
Readily Determinable Fair ValueAmendedAccounting Standards Update No. 2014-0603/14/2014
958-325-05-1AmendedAccounting Standards Update No. 2016-0101/05/2016
958-325-05-2AmendedMaintenance Update 2018-12 (PDF)09/10/2018
958-325-05-2AmendedAccounting Standards Update No. 2016-0101/05/2016
958-325-15-2AmendedAccounting Standards Update No. 2016-0101/05/2016
958-325-15-3AmendedAccounting Standards Update No. 2016-0101/05/2016
958-325-30-1AmendedAccounting Standards Update No. 2016-1306/16/2016
958-325-35-1AmendedAccounting Standards Update No. 2025-1212/17/2025
958-325-35-1AmendedAccounting Standards Update No. 2016-1306/16/2016
958-325-35-1AmendedAccounting Standards Update No. 2012-0410/01/2012
958-325-35-3AmendedAccounting Standards Update No. 2012-0410/01/2012
958-325-35-5AmendedAccounting Standards Update No. 2025-1212/17/2025
958-325-35-5AmendedAccounting Standards Update No. 2012-0410/01/2012
958-325-35-5AAddedAccounting Standards Update No. 2012-0410/01/2012
958-325-35-7AmendedAccounting Standards Update No. 2025-1212/17/2025
958-325-35-7AmendedAccounting Standards Update No. 2012-0410/01/2012
958-325-35-8 through 35-13
SupersededAccounting Standards Update No. 2016-0101/05/2016
958-325-35-16AmendedAccounting Standards Update No. 2015-1006/12/2015
958-325-45-1AmendedAccounting Standards Update No. 2016-0101/05/2016
958-325-45-2SupersededAccounting Standards Update No. 2016-1408/18/2016
958-325-50-2AmendedAccounting Standards Update No. 2016-0101/05/2016
958-325-50-3SupersededAccounting Standards Update No. 2016-0101/05/2016
958-325-50-6SupersededAccounting Standards Update No. 2016-1408/18/2016
958-325-60-2SupersededAccounting Standards Update No. 2025-1212/17/2025
Source downloaded (UTC): 2026-09-09T23:47:16.043Z to 2026-09-09T23:47:16.043Z Record version: sha256:5139399ac30d76ada8e0c67219cfeb5c9dd309637949c7865c98cc5df53f2223 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/325/958/#05-overview-and-background) SEC content: no ##### [325-958-05-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:16.043Z to 2026-09-09T23:47:16.043Z Record version: sha256:f60c3c8ff41c903c5ea391f2593e928356300ccac48237d4a93751c2c34e73ad Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Not-for-Profit Topic contains several Subtopics for investments held by [not-for-profit entities](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFPs), because the guidance differs by form of the investment. The Subtopics are: 1. a Financially Interrelated Entities 2. b Investments—Debt Securities 3. bb Investments—Equity Securities 4. c Investments—Other 5. d Consolidation. ##### [325-958-05-2](https://asc.understandingaccounting.org/asc/325/958/#325-958-05-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:16.043Z to 2026-09-09T23:47:16.043Z Record version: sha256:88fcf2ccd5956c6eb4faa3639ffa146c090a724c9b06d3f5023d06364a026c5b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Subtopic provides guidance for investments other than the following: 1. a Equity securities 2. b Debt securities 3. c Investments in derivative instruments, including embedded derivatives, that are subject to the requirements of Topic 815 4. d Investments in for-profit entities that are accounted for under the equity method 5. e Investments in for-profit consolidated subsidiaries 6. f Investments in not-for-profit consolidated subsidiaries 7. g Investments held for the NFP by a [financially interrelated entity](https://asc.understandingaccounting.org/glossary/f/#financially-interrelated-entities "A recipient entity and a specified beneficiary are financially interrelated entities if the relationship between them has both of the following characteristics: One of the entities has the ability to influence the operating and financial decisions of the other. One of the entities has an ongoing economic interest in the net assets of the other."). Thus, this Subtopic provides guidance for investments of the following types, among others, unless because of their characteristics they are included in the above list: investments in real estate, mortgage notes, and oil and gas interests. Source downloaded (UTC): 2026-09-09T23:47:18.506Z to 2026-09-09T23:47:18.506Z Record version: sha256:4a5e7ebf755429227dabbe1ed0f5ed40ef298f882f71dfdc896af8429dd42687 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/325/958/#15-scope-and-scope-exceptions) SEC content: no #### Overall Guidance ##### [325-958-15-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:18.506Z to 2026-09-09T23:47:18.506Z Record version: sha256:6c31ee89ca1661fad49b3ffd7647db5f99f907843de882b0d04691f8e4c3e30b 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 Section 958-10-15, with specific instrument exceptions noted below. #### Instruments ##### [325-958-15-2](https://asc.understandingaccounting.org/asc/325/958/#325-958-15-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:18.506Z to 2026-09-09T23:47:18.506Z Record version: sha256:077c188c1d943a2aad1a32ad9d5e4930cf24cf3809142deb76347af482b54d43 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Subtopic applies to other investments held by [not-for-profit entities](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFPs) of the following types, among others, unless because of their characteristics they are included in paragraph [958-325-15-3](https://asc.understandingaccounting.org/asc/325/958/#325-958-15-3): 1. a Investments in real estate 2. b Mortgage notes that are not debt securities 3. c [Subparagraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). 4. d [Subparagraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). 5. e Oil and gas interests 6. f [Subparagraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-15-3](https://asc.understandingaccounting.org/asc/325/958/#325-958-15-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:18.506Z to 2026-09-09T23:47:18.506Z Record version: sha256:3c01145604ece040322a87a2850a00e86b0e34d4550d623c586686a0d038436d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Subtopic does not apply to the following investments: 1. a Equity securities, which are subject to the requirements of Subtopic 958-321 2. b Debt securities, which are subject to the requirements of Subtopic 958-320 3. c Derivative instruments, including embedded derivatives, that are subject to the requirements of Topic 815 4. d Investments in for-profit entities that are accounted for using the equity method in accordance with paragraph [958-810-15-4](https://asc.understandingaccounting.org/asc/810/958/#810-958-15-4) 5. e Investments in for-profit subsidiaries that are consolidated in accordance with paragraph [958-810-15-4](https://asc.understandingaccounting.org/asc/810/958/#810-958-15-4) 6. f Interests in NFPs that are consolidated in accordance with paragraph [958-810-25-2](https://asc.understandingaccounting.org/asc/810/958/#810-958-25-2), [958-810-25-3](https://asc.understandingaccounting.org/asc/810/958/#810-958-25-3), or [958-810-25-4](https://asc.understandingaccounting.org/asc/810/958/#810-958-25-4) 7. g Interests in investments held for the NFP by a financially interrelated entity, which are subject to the requirements of Subtopic 958-20. Source downloaded (UTC): 2026-09-09T23:47:24.080Z to 2026-09-09T23:47:24.080Z Record version: sha256:e9a2cdddc3ee1eccc9435df35188b8c2bf51b0d7309e5af19a46f2ae237e402f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/325/958/#25-recognition) SEC content: no ##### [325-958-25-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-25-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:24.080Z to 2026-09-09T23:47:24.080Z Record version: sha256:21ff00ef71dbbb6c5b3d067c2aa1d06751cf908cef92265fe24df4e20900aa4b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an investment is acquired by [contribution](https://asc.understandingaccounting.org/glossary/c/#contribution "An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution."), it shall be recognized as an asset and as revenues or gains in the period received, pursuant to paragraph [958-605-25-2](https://asc.understandingaccounting.org/asc/605/958/#605-958-25-2). ##### [325-958-25-2](https://asc.understandingaccounting.org/asc/325/958/#325-958-25-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:24.080Z to 2026-09-09T23:47:24.080Z Record version: sha256:e9dbe7fbddc7cb69d60c65bd86f51f575c74b16498513f6098d83a41ab5b04ca Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If a [not-for-profit entity](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFP) acquires an investment as an [agent](https://asc.understandingaccounting.org/glossary/a/#agent "An entity that acts for and on behalf of another. Although the term agency has a legal definition, the term is used broadly to encompass not only legal agency, but also the relationships described in Topic 958. A recipient entity acts as an agent for and on behalf of a donor if it receives assets from the donor and agrees to use those assets on behalf of or transfer those assets, the return on investment of those assets, or both to a specified beneficiary. A recipient entity acts as an agent for and on behalf of a beneficiary if it agrees to solicit assets from potential donors specifically for the beneficiary's use and to distribute those assets to the beneficiary. A recipient entity also acts as an agent if a beneficiary can compel the recipient entity to make distributions to it or on its behalf.") and has little or no discretion in determining how the investment income, unrealized gains and losses, and realized gains and losses resulting from that investment will be used, the investment's acquisition shall be reported as an [agency transaction](https://asc.understandingaccounting.org/glossary/a/#agency-transaction "A type of exchange transaction in which the reporting entity acts as an agent, trustee, or intermediary for another party that may be a donor or donee."). That is, the NFP agent recognizes the acquisition as an asset and a liability rather than as a change in net assets. See paragraphs [958-605-25-23 through 25-24](https://asc.understandingaccounting.org/asc/605/958/#605-958-25-23) for additional guidance. Source downloaded (UTC): 2026-09-09T23:47:26.551Z to 2026-09-09T23:47:26.551Z Record version: sha256:d46fb4e16b3279c671057b9a9402ee5e015bf543cb363b0102795fc6739cdc78 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-30: 30 Initial Measurement [Read section](https://asc.understandingaccounting.org/asc/325/958/#30-initial-measurement) SEC content: no ##### [325-958-30-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-30-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:26.551Z to 2026-09-09T23:47:26.551Z Record version: sha256:75df018fb417e923c9553bacfe02ceccc0048cd6e0f88e958123b7f617c6c92c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Other investments shall be initially measured at their acquisition cost (including brokerage and other transaction fees) if they are purchased. They shall be initially measured at [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") if they are received as a [contribution](https://asc.understandingaccounting.org/glossary/c/#contribution "An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution.") or through an [agency transaction](https://asc.understandingaccounting.org/glossary/a/#agency-transaction "A type of exchange transaction in which the reporting entity acts as an agent, trustee, or intermediary for another party that may be a donor or donee."). Credit losses on financial instruments within the scope of Topic 326 shall be measured in accordance with that Topic. Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:48cef908e6e7859e153169156655cb688b0e694c6bacd1daef54eedb526dde62 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/325/958/#35-subsequent-measurement) SEC content: no #### Institutions of Higher Education ##### [325-958-35-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-1) Pending content: yes Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:6be6fbc1a4b1b55a42beebc11b7bd51affdfd2f1766a3917b14174af307a5b7d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Institutions of higher education, including colleges, universities, and community or junior colleges, shall subsequently report other investments at either of the following measures: 1. a Carrying value—that is, those that were acquired by purchase are reported at cost, and those that were contributed are reported at their [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") at the date of the gift. However, the carrying value shall be reduced by an allowance for credit losses (if applicable) under Topic 326. 2. b Fair value. Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance: [105-10-65-10](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-10)Institutions of higher education, including colleges, universities, and community or junior colleges, shall subsequently report other investments at either of the following measures: 1. a Carrying value—that is, those that were acquired by purchase are reported at cost, and those that were contributed are reported at their [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") at the date of the gift. If an asset is subject to the impairment provisions of other generally accepted accounting principles (GAAP), the carrying value shall be reduced in accordance with the guidance in the applicable Subtopic. An allowance for credit losses shall be recognized (if applicable) for financial assets subject to the guidance in Topic 326. 2. b Fair value. ##### [325-958-35-2](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:a27ee3dd4a99f199c99de88c39141930151955b395d1679f9f386d59434b0a3f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The same measurement attribute shall be used for all other investments excluding those for which the institution chose, at a specified election date, to measure at fair value pursuant to Section 815-15-25 or to the Fair Value Option Subsections of Subtopic 825-10. Investments in wasting assets are usually reported net of an allowance for depreciation or depletion. #### Voluntary Health and Welfare Entities ##### [325-958-35-3](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:3682b094b10008b2f1be9413f8496207100dfe072e29a67e3a0f4667065881b4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Voluntary health and welfare entities shall subsequently report other investments at either of the following measures: 1. a Carrying value—that is, cost if purchased and fair value at the date of the [contribution](https://asc.understandingaccounting.org/glossary/c/#contribution "An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution.") if contributed 2. b Fair value. ##### [325-958-35-4](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:923c12c5f89cdd8c849e338b6f3db9a9586fe87c21a7c067ead67e1f3fa66412 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The same measurement attribute shall be used for all other investments excluding those for which the [voluntary health and welfare entity](https://asc.understandingaccounting.org/glossary/v/#voluntary-health-and-welfare-entity "A not-for-profit entity (NFP) that is formed for the purpose of performing voluntary services for various segments of society and that is tax exempt (organized for the benefit of the public), supported by the public, and operated on a not-for-profit basis. Most voluntary health and welfare entities concentrate their efforts and expend their resources in an attempt to solve health and welfare problems of our society and, in many cases, those of specific individuals. As a group, voluntary health and welfare entities include those NFPs that derive their revenue primarily from voluntary contributions from the general public to be used for general or specific purposes connected with health, welfare, or community services. For purposes of this definition, the general public excludes governmental entities when determining whether an NFP is a voluntary health and welfare entity.") chose, at a specified election date, to measure at fair value pursuant to Section 815-15-25 or the Fair Value Option Subsections of Subtopic 825-10. ##### [325-958-35-5](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-5) Pending content: yes Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:77fcfdc421f08c7a43c0eaf3837d940633f5d5b4a814d5bcb5ca0d5b2d60e541 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If other investments are not equity securities and the fair value of the portfolio of those investments is below the recorded amount, it may be necessary to reduce the carrying amount of the portfolio to fair value or to provide an allowance for decline in fair value. If it can reasonably be expected that the voluntary health and welfare entity will suffer a loss on the disposition of an investment, an impairment loss shall be recognized in the period in which the decline in fair value occurs. Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance: [105-10-65-10](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-10)If the fair value of the portfolio of other investments is below the recorded amount, it may be necessary to reduce the carrying amount of the portfolio to fair value or to provide an allowance for decline in fair value. If it can reasonably be expected that the voluntary health and welfare entity will suffer a loss on the disposition of an investment, an impairment loss shall be recognized in the period in which the decline in fair value occurs. #### Health Care Entities ##### [325-958-35-5A](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-5A) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:e495b197db328a9c527843d013f5e4a6893f2263cbdaacd4b946cde6262b72c8 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Not-for-profit, business-oriented health care entities shall apply the guidance in Section 954-325-35. #### Other Not-for-Profit Entities ##### [325-958-35-6](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-6) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:6bb18cef08dcd1baad04f2979210aa3049543eca1ad3d7dbca2cc47fedddce3d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Not-for-profit entities](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFPs) that are not colleges, universities, voluntary health and welfare entities, or health care entities (see paragraph [958-10-15-3](https://asc.understandingaccounting.org/asc/958/10/#958-10-15-3)) shall report other investments using one of the following measures: 1. a Fair value 2. b The lower of cost or fair value. The same measurement attribute shall be used for all other investments excluding those for which the NFP chose, at a specified election date, to measure at fair value pursuant to Section 815-15-25 or the Fair Value Option Subsections of Subtopic 825-10. ##### [325-958-35-7](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-7) Pending content: yes Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:519f8f2ffe3e10c7304cd41fecf3f2dcfb0e7c0986c55ac014569d970cf2a7e6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If other investments are not equity securities and are carried at the lower of cost or fair value, declines in the value of those investments shall be recognized if their aggregate fair value is less than their carrying amount; recoveries of aggregate fair value in subsequent periods shall be recorded in those periods subject only to the limitation that the carrying amount shall not exceed the original cost. Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance: [105-10-65-10](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-10)If other investments are carried at the lower of cost or fair value, declines in the value of those investments shall be recognized if their aggregate fair value is less than their carrying amount; recoveries of aggregate fair value in subsequent periods shall be recorded in those periods subject only to the limitation that the carrying amount shall not exceed the original cost. ##### [325-958-35-8](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-8) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:7f1a2eb362e2f0f21093341fcfff57278283bac3c989f016d556c74d920cc8df Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-35-9](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-9) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:eee378b1dab687b116c1917e9a44e278c16e7e4481bed9c3f2817f8125ccf5bc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-35-10](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-10) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:2b18f71b711da991856467470dc7a9632cd7c002cac09670ea28bdb73074db86 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-35-11](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-11) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:ef2c51f5e5e531fef211dd0cd765aa268eb2f223c45e5d7f715e5751fa554bfc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-35-12](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-12) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:5ff51a8fb8e6b1475db78a2fd8723d005870dfca73f416a5bd5608ff41465281 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-35-13](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-13) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:51d5d4e2a2f2c79499a0754b4371e68a3d3dcc451a6570b2021282569e16db58 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-35-14](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-14) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:a1cae2646ecca92aa345202ff8f5a928bbffe58fe2e6b648fec3a18f99a4e7a8 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/). ##### [325-958-35-15](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-15) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:36ca71bf3b77d576c3c4649daf3a8d26f500c5e176421cf751a30752a2b0a99a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/). #### All Not-for-Profit Entities ##### [325-958-35-16](https://asc.understandingaccounting.org/asc/325/958/#325-958-35-16) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:29.778Z to 2026-09-09T23:47:29.778Z Record version: sha256:54311163a4a8facdbd7cd34769ce9233537338dd42214272b609f1ffa28b5b11 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an NFP is holding an investment as an [agent](https://asc.understandingaccounting.org/glossary/a/#agent "An entity that acts for and on behalf of another. Although the term agency has a legal definition, the term is used broadly to encompass not only legal agency, but also the relationships described in Topic 958. A recipient entity acts as an agent for and on behalf of a donor if it receives assets from the donor and agrees to use those assets on behalf of or transfer those assets, the return on investment of those assets, or both to a specified beneficiary. A recipient entity acts as an agent for and on behalf of a beneficiary if it agrees to solicit assets from potential donors specifically for the beneficiary's use and to distribute those assets to the beneficiary. A recipient entity also acts as an agent if a beneficiary can compel the recipient entity to make distributions to it or on its behalf.") and has little or no discretion in determining how the investment income, unrealized gains and losses, and realized gains and losses resulting from that investment will be used, those investment activities shall be reported as [agency transactions](https://asc.understandingaccounting.org/glossary/a/#agency-transaction "A type of exchange transaction in which the reporting entity acts as an agent, trustee, or intermediary for another party that may be a donor or donee.") and, therefore, as changes in assets and liabilities, rather than as changes in net assets. See paragraphs [958-605-25-23 through 25-24](https://asc.understandingaccounting.org/asc/605/958/#605-958-25-23) for additional guidance. Source downloaded (UTC): 2026-09-09T23:47:32.132Z to 2026-09-09T23:47:32.132Z Record version: sha256:fac43d818b997987474483e435e8b308d9cc29b7cc11716db12cbfb4877cade6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/325/958/#45-other-presentation-matters) SEC content: no ##### [325-958-45-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:32.132Z to 2026-09-09T23:47:32.132Z Record version: sha256:a7d92fa4115e6c1f1638b38afeab7110e324eaf59ddbb971c91994559a11737b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The reporting standards of Section 958-220-45 apply to other investments and the investment return generated by other investments held by [not-for-profit entities](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFPs). ##### [325-958-45-2](https://asc.understandingaccounting.org/asc/325/958/#325-958-45-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:32.132Z to 2026-09-09T23:47:32.132Z Record version: sha256:02d883ad0b70995d9163096eaf9d74124c4e5a526665de0ba0f138f784a6a600 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-14](https://asc.understandingaccounting.org/updates/asu-2016-14/). Source downloaded (UTC): 2026-09-09T23:47:35.819Z to 2026-09-09T23:47:35.819Z Record version: sha256:913c19cc068da5f79abcbca2decf6f4de253821e9005ceaef95972c5d99bb21c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/325/958/#50-disclosure) SEC content: no ##### [325-958-50-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-50-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:35.819Z to 2026-09-09T23:47:35.819Z Record version: sha256:7880f0aaa83cb11476d520c30aa3067716fc72df1a41dc5951ce2379faf4dfdf Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The disclosure standards of Section 958-320-50 apply to other investments and the investment return generated by other investments held by [not-for-profit entities](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFPs). ##### [325-958-50-2](https://asc.understandingaccounting.org/asc/325/958/#325-958-50-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:35.819Z to 2026-09-09T23:47:35.819Z Record version: sha256:62e6884488a794a7c5db7116f73516c676af96c7173efbbb6ead53fcb1844d9a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For each period for which a statement of financial position is presented, an NFP shall disclose all of the following: 1. a The basis for determining the carrying amount for other investments 2. b The method(s) and significant assumptions used to estimate the fair values of investments other than financial instruments if those other investments are reported at [fair value](https://asc.understandingaccounting.org/glossary/f/#fair-value "The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.") 3. c [Subparagraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). 4. d [Subparagraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-50-3](https://asc.understandingaccounting.org/asc/325/958/#325-958-50-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:35.819Z to 2026-09-09T23:47:35.819Z Record version: sha256:79c18619649f7b31d05e1b7840571f60f1e563b075c23281306a876c3d30d72b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/). ##### [325-958-50-4](https://asc.understandingaccounting.org/asc/325/958/#325-958-50-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:35.819Z to 2026-09-09T23:47:35.819Z Record version: sha256:b12a0f7a87ea9d8c00140fddfccb119d8b9c3ffe967d7d2e61a1ade1ad07f562 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on disclosures about fair value measurements, see Topic 820. ##### [325-958-50-5](https://asc.understandingaccounting.org/asc/325/958/#325-958-50-5) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:35.819Z to 2026-09-09T23:47:35.819Z Record version: sha256:9ba20fe6da800b8ad901909f4370edbe81c6b98ef9c209d1b8baf56decbd6a66 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on disclosures about the fair value election under Section 815-15-25 or the Fair Value Option Subsections of Subtopic 825-10, see the [Fair Value Option Subsection](https://asc.understandingaccounting.org/asc/825/10/#50-disclosure) of Section 825-10-50. ##### [325-958-50-6](https://asc.understandingaccounting.org/asc/325/958/#325-958-50-6) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:35.819Z to 2026-09-09T23:47:35.819Z Record version: sha256:f189efa63947979e8c429eb721adf62bf101fb989b3d8d5b64e22593c5161380 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-14](https://asc.understandingaccounting.org/updates/asu-2016-14/). Source downloaded (UTC): 2026-09-09T23:47:39.630Z to 2026-09-09T23:47:39.630Z Record version: sha256:7060f2d52dd67a82cf8c199dd4b360b7c6c9f03200971c9abababa130932fb08 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 325-958-60: 60 Relationships [Read section](https://asc.understandingaccounting.org/asc/325/958/#60-relationships) SEC content: no #### Derivatives and Hedging ##### [325-958-60-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-60-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:47:39.630Z to 2026-09-09T23:47:39.630Z Record version: sha256:c866ee782394f096eb6ea59f53c8f1dcf5e7e6bb1073133fc39d696fbaaa09fb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on recognition by an NFP of the gain or loss on a hedging instrument or a nonhedging derivative instrument, see paragraphs [815-25-35-19](https://asc.understandingaccounting.org/asc/815/25/#815-25-35-19) and [815-10-35-3](https://asc.understandingaccounting.org/asc/815/10/#815-10-35-3), respectively. #### Financial Services—Insurance ##### [325-958-60-2](https://asc.understandingaccounting.org/asc/325/958/#325-958-60-2) Pending content: yes Source downloaded (UTC): 2026-09-09T23:47:39.630Z to 2026-09-09T23:47:39.630Z Record version: sha256:e8270daf97d415e736105209764bb30a53e847955085c1cc49ed45eca7f34ccd Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For equity securities held by NFPs that conduct insurance activities, see Subtopic 944-325. Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance: [105-10-65-10](https://asc.understandingaccounting.org/asc/105/10/#105-10-65-10)[Paragraph superseded by Accounting Standards Update No. 2025-12.](https://asc.understandingaccounting.org/updates/asu-2025-12/)