# ASC 326-20-05: Financial Instruments—Credit Losses — Measured at Amortized Cost — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/326/20/#05-overview-and-background)

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## ASC 326-20-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/326/20/#05-overview-and-background)

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##### [326-20-05-1](https://asc.understandingaccounting.org/asc/326/20/#326-20-05-1)

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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.