# ASC 326-10-05: Financial Instruments—Credit Losses — Overall — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/326/10/#05-overview-and-background)

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## ASC 326-10-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/326/10/#05-overview-and-background)

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##### [326-10-05-1](https://asc.understandingaccounting.org/asc/326/10/#326-10-05-1)

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This Topic provides guidance on how an entity should measure credit losses on financial instruments.

##### [326-10-05-2](https://asc.understandingaccounting.org/asc/326/10/#326-10-05-2)

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Topic 326 includes the following Subtopics:

1.  a
    
    Overall
    
2.  b
    
    Financial Instruments—Credit Losses—Measured at Amortized Cost
    
3.  c
    
    Financial Instruments—Credit Losses—Available-for-Sale Debt Securities