{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/340/980/#45-other-presentation-matters","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":"340","topic_title":"Other Assets and Deferred Costs","subtopic":"340-980","subtopic_title":"Regulated Operations","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Phase-In Plans","paragraphs":[{"citation":"340-980-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_44E58A70-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Cumulative amounts capitalized under phase-in plans shall be reported as a separate asset in the balance sheet. The net amount capitalized in each period or the net amount of previously capitalized <a href=\"/glossary/a/#allowable-costs\" class=\"term\" title=\"All costs for which revenue is intended to provide recovery. Those costs can be actual or estimated. In that context, allowable costs include interest cost and amounts provided for earnings on shareholders' investments.\"><span>allowable costs</span></a> recovered during each period shall be reported as a separate item of other income or expense in the income statement. Allowable costs capitalized shall not be reported as reductions of other expenses. </span></span></div></div>","snippet":"Cumulative amounts capitalized under phase-in plans shall be reported as a separate asset in the balance sheet. The net amount capitalized in each period or the net amount of previously capitalized allowable costs recove…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e67c8e0aafbb3920907f249c53d0bd3c383d83f0ce8b197fa3955cb645b9af0f","downloaded_from":"2026-09-09T23:59:59.282Z","last_downloaded_at":"2026-09-09T23:59:59.282Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478630","source_sha256":"a1e636446d3a12df8db43dcbfb9ab9045411e4a2ffbde17320256206aaef7e2a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9f862ad5d4036b216245ad1975b043b6b2ae0a537c746c76607fefa174ac59d6","downloaded_from":"2026-09-09T23:59:59.282Z","last_downloaded_at":"2026-09-09T23:59:59.282Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478630","source_sha256":"a1e636446d3a12df8db43dcbfb9ab9045411e4a2ffbde17320256206aaef7e2a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4df2656036b005de96f20a5c730d38fb35acb220d240a691e7eec47ac8bf670f","downloaded_from":"2026-09-09T23:59:59.282Z","last_downloaded_at":"2026-09-09T23:59:59.282Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478630","source_sha256":"a1e636446d3a12df8db43dcbfb9ab9045411e4a2ffbde17320256206aaef7e2a"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4df2656036b005de96f20a5c730d38fb35acb220d240a691e7eec47ac8bf670f","downloaded_from":"2026-09-09T23:59:59.282Z","last_downloaded_at":"2026-09-09T23:59:59.282Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478630","source_sha256":"a1e636446d3a12df8db43dcbfb9ab9045411e4a2ffbde17320256206aaef7e2a"}}