# ASC 350-30-50: Intangibles—Goodwill and Other — General Intangibles Other Than Goodwill — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/350/30/#50-disclosure) 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): 2026-09-10T00:02:02.470Z to 2026-09-10T00:02:02.470Z Record version: sha256:6559fb8497b7fedc45323f00a59eb14deb66bcad46e621bf6f9f476f2eddeabb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 350-30-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/350/30/#50-disclosure) SEC content: no #### Disclosures in the Period of Acquisition ##### [350-30-50-1](https://asc.understandingaccounting.org/asc/350/30/#350-30-50-1) Pending content: yes Source downloaded (UTC): 2026-09-10T00:02:02.470Z to 2026-09-10T00:02:02.470Z Record version: sha256:cdc0503461908575c80209277eae805e1bde4c7e9c2d80b6e98567cc759c718f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For [intangible assets](https://asc.understandingaccounting.org/glossary/i/#intangible-assets "Assets (not including financial assets) that lack physical substance. (The term intangible assets is used to refer to intangible assets other than goodwill.)") acquired either individually or as part of a group of assets (in asset acquisition, a business combination, acquisition by a not-for-profit entity, or a joint venture formation), all of the following information shall be disclosed in the notes to financial statements in the period of acquisition: 1. a For intangible assets subject to amortization, all of the following: 1. 1 The total amount assigned and the amount assigned to any major [intangible asset class](https://asc.understandingaccounting.org/glossary/i/#intangible-asset-class "A group of intangible assets that are similar, either by their nature or by their use in the operations of an entity.") 2. 2 The amount of any significant [residual value](https://asc.understandingaccounting.org/glossary/r/#residual-value "The estimated fair value of an intangible asset at the end of its useful life to an entity, less any disposal costs."), in total and by major intangible asset class 3. 3 The weighted-average amortization period, in total and by major intangible asset class. 2. b For intangible assets not subject to amortization, the total amount assigned and the amount assigned to any major intangible asset class. 3. c The amount of research and development assets acquired in a transaction other than a business combination, an acquisition by a not-for-profit entity, or a joint venture formation and written off in the period and the line item in the income statement in which the amounts written off are aggregated. 4. d For intangible assets with renewal or extension terms, the weighted-average period before the next renewal or extension (both explicit and implicit), by major intangible asset class. This information also shall be disclosed separately for each material business combination or acquisition by a not-for-profit entity or in the aggregate for individually immaterial business combinations or acquisitions by a not-for-profit entity that are material collectively if the aggregate fair values of intangible assets acquired, other than goodwill, are significant. Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance: [220-40-65-1](https://asc.understandingaccounting.org/asc/220/40/#220-40-65-1)For [intangible assets](https://asc.understandingaccounting.org/glossary/i/#intangible-assets "Assets (not including financial assets) that lack physical substance. (The term intangible assets is used to refer to intangible assets other than goodwill.)") acquired either individually or as part of a group of assets (in asset acquisition, a business combination, acquisition by a not-for-profit entity, or a joint venture formation), all of the following information shall be disclosed in the notes to financial statements in the period of acquisition: 1. a For intangible assets subject to amortization, all of the following: 1. 1 The total amount assigned and the amount assigned to any major [intangible asset class](https://asc.understandingaccounting.org/glossary/i/#intangible-asset-class "A group of intangible assets that are similar, either by their nature or by their use in the operations of an entity.") 2. 2 The amount of any significant [residual value](https://asc.understandingaccounting.org/glossary/r/#residual-value "The estimated fair value of an intangible asset at the end of its useful life to an entity, less any disposal costs."), in total and by major intangible asset class 3. 3 The weighted-average amortization period, in total and by major intangible asset class. 2. b For intangible assets not subject to amortization, the total amount assigned and the amount assigned to any major intangible asset class. 3. c The amount of research and development assets acquired in a transaction other than a business combination, an acquisition by a not-for-profit entity, or a joint venture formation and written off in the period and the line item in the income statement in which the amounts written off are aggregated. See paragraphs [220-40-50-21 through 50-25](https://asc.understandingaccounting.org/asc/220/40/#220-40-50-21) for additional disclosure requirements. 4. d For intangible assets with renewal or extension terms, the weighted-average period before the next renewal or extension (both explicit and implicit), by major intangible asset class. This information also shall be disclosed separately for each material business combination or acquisition by a not-for-profit entity or in the aggregate for individually immaterial business combinations or acquisitions by a not-for-profit entity that are material collectively if the aggregate fair values of intangible assets acquired, other than goodwill, are significant. #### Disclosures for Each Period for Which a Statement of Financial Position Is Presented ##### [350-30-50-2](https://asc.understandingaccounting.org/asc/350/30/#350-30-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:02:02.470Z to 2026-09-10T00:02:02.470Z Record version: sha256:97b44841ffd7f0f971380a863965278079e1b8b01372768651e3fbdcf72c9464 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following information shall be disclosed in the financial statements or the notes to financial statements for each period for which a statement of financial position is presented: 1. a For intangible assets subject to amortization, all of the following: 1. 1 The gross carrying amount and accumulated amortization, in total and by major intangible asset class 2. 2 The aggregate amortization expense for the period 3. 3 The estimated aggregate amortization expense for each of the five succeeding fiscal years. 2. b For intangible assets not subject to amortization, the total carrying amount and the carrying amount for each major intangible asset class 3. c The entity's accounting policy on the treatment of costs incurred to renew or extend the term of a recognized intangible asset 4. d For intangible assets that have been renewed or extended in the period for which a statement of financial position is presented, both of the following: 1. 1 For entities that capitalize renewal or extension costs, the total amount of costs incurred in the period to renew or extend the term of a recognized intangible asset, by major intangible asset class 2. 2 The weighted-average period before the next renewal or extension (both explicit and implicit), by major intangible asset class. Example 13 (see paragraph [350-30-55-39](https://asc.understandingaccounting.org/asc/350/30/#350-30-55-39)) illustrates these disclosure requirements. #### Disclosures Relating to Impairment Losses ##### [350-30-50-3](https://asc.understandingaccounting.org/asc/350/30/#350-30-50-3) Pending content: yes Source downloaded (UTC): 2026-09-10T00:02:02.470Z to 2026-09-10T00:02:02.470Z Record version: sha256:028e5ec2784e276a99bd4b33a90ce07a7700def038cd94ec6fb0ee6e988c3d78 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For each impairment loss recognized related to an intangible asset, all of the following information shall be disclosed in the notes to financial statements that include the period in which the impairment loss is recognized: 1. a A description of the impaired intangible asset and the facts and circumstances leading to the impairment 2. b The amount of the impairment loss and the method for determining fair value 3. c The caption in the income statement or the statement of activities in which the impairment loss is aggregated 4. d If applicable, the segment in which the impaired intangible asset is reported under Topic 280. Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance: [220-40-65-1](https://asc.understandingaccounting.org/asc/220/40/#220-40-65-1)For each impairment loss recognized related to an intangible asset, all of the following information shall be disclosed in the notes to financial statements that include the period in which the impairment loss is recognized: 1. a A description of the impaired intangible asset and the facts and circumstances leading to the impairment 2. b The amount of the impairment loss and the method for determining fair value 3. c The caption in the income statement or the statement of activities in which the impairment loss is aggregated 4. d If applicable, the segment in which the impaired intangible asset is reported under Topic 280. See paragraphs [220-40-50-21 through 50-25](https://asc.understandingaccounting.org/asc/220/40/#220-40-50-21) for additional disclosure requirements. ##### [350-30-50-3A](https://asc.understandingaccounting.org/asc/350/30/#350-30-50-3A) Pending content: no Source downloaded (UTC): 2026-09-10T00:02:02.470Z to 2026-09-10T00:02:02.470Z Record version: sha256:444fcdd599327c8ad097d831ff6d462e2b57e59f97dd54f727b6ba8c9dc672ad Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A [nonpublic entity](https://asc.understandingaccounting.org/glossary/n/#nonpublic-entity "Any entity that does not meet any of the following conditions: Its debt or equity securities trade in a public market either on a stock exchange (domestic or foreign) or in an over-the-counter market, including securities quoted only locally or regionally. It is a conduit bond obligor for conduit debt securities that are traded in a public market (a domestic or foreign stock exchange or an over-the-counter market, including local or regional markets). It files with a regulatory agency in preparation for the sale of any class of debt or equity securities in a public market. It is required to file or furnish financial statements with the Securities and Exchange Commission. It is controlled by an entity covered by criteria (a) through (d).") is not required to disclose the quantitative information about significant unobservable inputs used in fair value measurements categorized within Level 3 of the fair value hierarchy required by paragraph [820-10-50-2(bbb)](https://asc.understandingaccounting.org/asc/820/10/#820-10-50-2) that relate to the financial accounting and reporting for an indefinite-lived intangible asset after its initial recognition. #### Renewal or Extension of an Intangible Asset's Legal or Contractual Life ##### [350-30-50-4](https://asc.understandingaccounting.org/asc/350/30/#350-30-50-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:02:02.470Z to 2026-09-10T00:02:02.470Z Record version: sha256:d273ec5bb8d145e129420d0cfa37f9d3d6b2c7ca7899bfe3859c12b5f9c8946c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For a recognized intangible asset, an entity shall disclose information that enables users of financial statements to assess the extent to which the expected future cash flows associated with the asset are affected by the entity's intent or ability (or both intent and ability) to renew or extend the arrangement. #### Certain Significant Estimates ##### [350-30-50-5](https://asc.understandingaccounting.org/asc/350/30/#350-30-50-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:02:02.470Z to 2026-09-10T00:02:02.470Z Record version: sha256:5a92ad24b26db612413cb4e768e4f8453d0c86dba527428fefb55ecc834f44f5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on determining whether disclosures about an estimate of the useful life of an intangible asset are required under paragraph [275-10-50-8](https://asc.understandingaccounting.org/asc/275/10/#275-10-50-8), see paragraph [275-10-50-15A](https://asc.understandingaccounting.org/asc/275/10/#275-10-50-15A).