{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/326/20/#05-overview-and-background","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":"326","topic_title":"Financial Instruments—Credit Losses","subtopic":"326-20","subtopic_title":"Measured at Amortized Cost","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"326-20-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_B6935075-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">This Subtopic provides guidance on how an entity should measure expected credit losses on financial instruments measured at amortized cost and on leases, </span></span><span class=\"sfragment\" id=\"sfr_B6935125-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">off-balance-sheet credit exposures, and reinsurance recoverables. </span></span></div></div>","snippet":"This Subtopic provides guidance on how an entity should measure expected credit losses on financial instruments measured at amortized cost and on leases, off-balance-sheet credit exposures, and reinsurance recoverables.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a7eb0884a098ae4eb1225f3d8d9467caaabb8f195a1f58abe665753ae1c72666","downloaded_from":"2026-09-09T23:49:19.997Z","last_downloaded_at":"2026-09-09T23:49:19.997Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479475","source_sha256":"ffac3f35e8a9f5d0dcd0ce2ea4fbaa12a18f7dee89538d6aa60e817a214ba5c3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bbc70d06ded183e87d74cf9c3970154b72db5d11285a45b9143a69251f9e76ef","downloaded_from":"2026-09-09T23:49:19.997Z","last_downloaded_at":"2026-09-09T23:49:19.997Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479475","source_sha256":"ffac3f35e8a9f5d0dcd0ce2ea4fbaa12a18f7dee89538d6aa60e817a214ba5c3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec77823410d56fd5beb7c0eb6c6b31b620413d0e3c0e6a7e9159dd948606762f","downloaded_from":"2026-09-09T23:49:19.997Z","last_downloaded_at":"2026-09-09T23:49:19.997Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479475","source_sha256":"ffac3f35e8a9f5d0dcd0ce2ea4fbaa12a18f7dee89538d6aa60e817a214ba5c3"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec77823410d56fd5beb7c0eb6c6b31b620413d0e3c0e6a7e9159dd948606762f","downloaded_from":"2026-09-09T23:49:19.997Z","last_downloaded_at":"2026-09-09T23:49:19.997Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479475","source_sha256":"ffac3f35e8a9f5d0dcd0ce2ea4fbaa12a18f7dee89538d6aa60e817a214ba5c3"}}