{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/350/30/","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.","number":"350-30","topic":"350","title":"General Intangibles Other Than Goodwill","area":"Assets","paragraphs":122,"summary":"ASC 350-30 governs the accounting for intangible assets other than goodwill — their recognition when acquired individually or in an asset group, the expensing of internally developed intangibles that are not specifically identifiable, and, for all intangibles (including those from a business combination), their subsequent measurement, impairment, presentation, and disclosure. The core rule is that accounting after acquisition turns on useful life: finite-lived intangibles are amortized over their useful life (residual value presumed zero) and tested for impairment under Subtopic 360-10, while indefinite-lived intangibles are not amortized and are tested for impairment at least annually by comparing fair value with carrying amount.","concepts":["indefinite-lived intangible asset","finite useful life amortization","residual value","qualitative impairment assessment","unit of accounting","defensive intangible asset","in-process research and development","internally developed intangibles"],"categories":["Intangibles and goodwill","Impairment","Subsequent measurement","Disclosure"],"level":"intermediate","topic_title":"Intangibles—Goodwill and Other","sections":[{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-30-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
AcquirerAmendedAccounting Standards Update No. 2025-0305/12/2025
Acquisition by a Not-for-Profit EntityAddedAccounting Standards Update No. 2010-0701/28/2010
BusinessAmendedAccounting Standards Update No. 2017-0101/05/2017
Corporate Joint VentureAddedAccounting Standards Update No. 2023-0508/23/2023
Formation DateAddedAccounting Standards Update No. 2023-0508/23/2023
GoodwillAmendedAccounting Standards Update No. 2023-0508/23/2023
GoodwillAmendedAccounting Standards Update No. 2010-0701/28/2010
IdentifiableAddedAccounting Standards Update No. 2024-0203/29/2024
Joint VentureAddedAccounting Standards Update No. 2023-0508/23/2023
LeaseAddedAccounting Standards Update No. 2018-0101/25/2018
Nonprofit ActivityAddedAccounting Standards Update No. 2010-0701/28/2010
Variable Interest EntitySupersededAccounting Standards Update No. 2025-0305/12/2025
350-30-05-1AmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-05-1AmendedAccounting Standards Update No. 2017-0401/26/2017
350-30-05-1AmendedAccounting Standards Update No. 2010-0701/28/2010
350-30-05-2AmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-05-2 through 05-5
AddedAccounting Standards Update No. 2017-0401/26/2017
350-30-15-3AmendedAccounting Standards Update No. 2025-0609/18/2025
350-30-15-3AmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-15-3AmendedAccounting Standards Update No. 2010-0701/28/2010
350-30-15-4AmendedAccounting Standards Update No. 2025-0609/18/2025
350-30-15-4AmendedAccounting Standards Update No. 2023-0812/13/2023
350-30-15-4AmendedAccounting Standards Update No. 2018-1208/15/2018
350-30-15-4AmendedAccounting Standards Update No. 2010-0701/28/2010
350-30-25-2AmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-25-2AmendedAccounting Standards Update No. 2010-0802/02/2010
350-30-25-2 through 25-5
AmendedAccounting Standards Update No. 2010-0701/28/2010
350-30-25-4AmendedAccounting Standards Update No. 2024-0203/29/2024
350-30-25-4AmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-25-5AmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-30-1AmendedAccounting Standards Update No. 2010-0802/02/2010
350-30-30-2SupersededAccounting Standards Update No. 2010-0802/02/2010
350-30-35-7AmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-35-7AmendedAccounting Standards Update No. 2010-0701/28/2010
350-30-35-17 through 35-18
AmendedAccounting Standards Update No. 2012-0207/27/2012
350-30-35-17AAmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-35-17AAmendedAccounting Standards Update No. 2010-0701/28/2010
350-30-35-18A through 35-18F
AddedAccounting Standards Update No. 2012-0207/27/2012
350-30-35-19AmendedAccounting Standards Update No. 2012-0207/27/2012
350-30-35-25SupersededAccounting Standards Update No. 2010-0701/28/2010
350-30-35-26AmendedAccounting Standards Update No. 2017-0401/26/2017
350-30-35-26AmendedAccounting Standards Update No. 2010-0701/28/2010
350-30-50-1AmendedAccounting Standards Update No. 2024-0311/04/2024
350-30-50-1AmendedAccounting Standards Update No. 2023-0508/23/2023
350-30-50-1AmendedAccounting Standards Update No. 2010-0701/28/2010
350-30-50-3AmendedAccounting Standards Update No. 2024-0311/04/2024
350-30-50-3AAddedAccounting Standards Update No. 2012-0207/27/2012
350-30-55-30AmendedAccounting Standards Update No. 2018-0101/25/2018
350-30-65-3AddedAccounting Standards Update No. 2012-0207/27/2012
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nAcquirer | Amended | Accounting Standards Update No. 2025-03 | 05/12/2025 |\nAcquisition …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:becd18372c5df374fe61c9d97f81cf9f4a580cacd4aaaec42fc5539cd1bb77c4","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:01:33.372Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482660","source_sha256":"12d3e31c812db215beb25f712452a144bc7f74b5b640feffab7b6def56eb8ff6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c81b15b131753bda1e18e4267a5ec9353352ac653a548c47e22358fd5bd4611c","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:01:33.372Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482660","source_sha256":"12d3e31c812db215beb25f712452a144bc7f74b5b640feffab7b6def56eb8ff6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1c3c9ea37406bcb86a61db66336e2bca2c47b120a7e3e2be60fe041af9f54d5a","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:01:33.372Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482660","source_sha256":"12d3e31c812db215beb25f712452a144bc7f74b5b640feffab7b6def56eb8ff6"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-30-05-1","para":"05-1","html":"
This Subtopic addresses financial accounting and reporting for intangible assets (other than goodwill) acquired individually or with a group of other assets and for the cost of developing, maintaining, or restoring internally generated intangible assets. However, it does not discuss the recognition and initial measurement of intangible assets acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation. This Subtopic also addresses financial accounting and reporting for intangible assets after their acquisition, including intangible assets acquired in a business combination, in an acquisition by a not-for-profit entity, or by a joint venture upon formation.
","snippet":"This Subtopic addresses financial accounting and reporting for intangible assets (other than goodwill) acquired individually or with a group of other assets and for the cost of developing, maintaining, or restoring inter…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:287618f999fdc3a33a543f6643e8f8238579076831fa6d9031b098c1e0251e98","downloaded_from":"2026-09-10T00:01:36.105Z","last_downloaded_at":"2026-09-10T00:01:36.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482638","source_sha256":"c2a5b52e7b9fb9c6c0085588bcc5dab394e045431405c5881da36c79e9ffab8e"}},{"citation":"350-30-05-2","para":"05-2","html":"
Guidance on the initial recognition and measurement of intangible assets acquired in a business combination or in an acquisition by a not-for-profit entity is provided in Subtopics 805-20 and 958-805, respectively. Guidance on the initial recognition and measurement of intangible assets by a joint venture upon formation is provided in Subtopic 805-60.
","snippet":"Guidance on the initial recognition and measurement of intangible assets acquired in a business combination or in an acquisition by a not-for-profit entity is provided in Subtopics 805-20 and 958-805, respectively. Guida…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5adb39fa76d33adf5749f0419da2a5f05f38f60cc907d3295867f8918478cba4","downloaded_from":"2026-09-10T00:01:36.105Z","last_downloaded_at":"2026-09-10T00:01:36.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482638","source_sha256":"c2a5b52e7b9fb9c6c0085588bcc5dab394e045431405c5881da36c79e9ffab8e"}},{"citation":"350-30-05-3","para":"05-3","html":"
Intangible assets acquired individually or with a group of other assets should be recognized as assets in accordance with Section 350-30-25. Costs of developing internally generated intangible assets should be accounted for in accordance with paragraph 350-30-25-3.
","snippet":"Intangible assets acquired individually or with a group of other assets should be recognized as assets in accordance with Section 350-30-25. Costs of developing internally generated intangible assets should be accounted …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1f856ba650438b14e26c5e20ca42a24eb6dbe40e49c8dd601010d831d72edaa9","downloaded_from":"2026-09-10T00:01:36.105Z","last_downloaded_at":"2026-09-10T00:01:36.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482638","source_sha256":"c2a5b52e7b9fb9c6c0085588bcc5dab394e045431405c5881da36c79e9ffab8e"}},{"citation":"350-30-05-4","para":"05-4","html":"
The accounting for an intangible asset after acquisition depends on its useful life. If that life is indefinite, the intangible asset should not be amortized but should be tested for impairment at least annually in accordance with paragraphs
350-30-35-15 through 35-20
. If that life is finite, the intangible asset should be amortized in accordance with paragraphs
350-30-35-6 through 35-13
and tested for impairment under the guidance for long-lived assets in Subtopic 360-10.
","snippet":"The accounting for an intangible asset after acquisition depends on its useful life. If that life is indefinite, the intangible asset should not be amortized but should be tested for impairment at least annually in accor…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4fb5cbb475e43e3d4524d587fb3828951e10ddf6a6b3a692f7f923e9e5e53d98","downloaded_from":"2026-09-10T00:01:36.105Z","last_downloaded_at":"2026-09-10T00:01:36.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482638","source_sha256":"c2a5b52e7b9fb9c6c0085588bcc5dab394e045431405c5881da36c79e9ffab8e"}},{"citation":"350-30-05-5","para":"05-5","html":"
This Subtopic also includes guidance on the presentation of intangible assets in the balance sheet, presentation of amortization expense and impairment losses for intangible assets in the income statement, and disclosure of information on intangible assets in the notes to financial statements.
","snippet":"This Subtopic also includes guidance on the presentation of intangible assets in the balance sheet, presentation of amortization expense and impairment losses for intangible assets in the income statement, and disclosure…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e92f9696ecd2fedb0082895ad0b7a6dd7225d69475ad02d9fc69579ab975456e","downloaded_from":"2026-09-10T00:01:36.105Z","last_downloaded_at":"2026-09-10T00:01:36.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482638","source_sha256":"c2a5b52e7b9fb9c6c0085588bcc5dab394e045431405c5881da36c79e9ffab8e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:603618aa659c21252387c7750eeed8d37ae5fc2c78f3501da2610fe5c7c2537d","downloaded_from":"2026-09-10T00:01:36.105Z","last_downloaded_at":"2026-09-10T00:01:36.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482638","source_sha256":"c2a5b52e7b9fb9c6c0085588bcc5dab394e045431405c5881da36c79e9ffab8e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a07ef0cab8412e9381deed39439e9fe0ed199ebb08e91921e4f194d0df081352","downloaded_from":"2026-09-10T00:01:36.105Z","last_downloaded_at":"2026-09-10T00:01:36.105Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482638","source_sha256":"c2a5b52e7b9fb9c6c0085588bcc5dab394e045431405c5881da36c79e9ffab8e"}},{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Overall Guidance","paragraphs":[{"citation":"350-30-15-1","para":"15-1","html":"
This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 350-10-15, with specific transaction qualifications noted below.
","snippet":"This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 350-10-15, with specific transaction qualifications noted below.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fb7cca6e06f7433ad365e90568623dfbeca8baa10f265dca9afcb0f3fb4e096c","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:81507b029effe99bdddeab036cf289e08531ebc2307f5ab565c1ecb988f1b54e","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"350-30-15-2","para":"15-2","html":"
While goodwill is an intangible asset, the term intangible asset is used in this Subtopic to refer to an intangible asset other than goodwill.
","snippet":"While goodwill is an intangible asset, the term intangible asset is used in this Subtopic to refer to an intangible asset other than goodwill.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:76c92f850ddc87d28fceb4fbe29557cc06f1c564302ecd3b44fdcd4fb7cb6050","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}},{"citation":"350-30-15-3","para":"15-3","html":"
The guidance in this Subtopic applies to the following:
  1. a
    Intangible assets acquired individually or with a group of other assets (but not the recognition and initial measurement of those acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation)
  2. b
    Intangible assets (other than goodwill) that an entity recognizes in accordance with Subtopic 805-20, 805-60, or 958-805 after they have been initially recognized and measured, except for those identified in paragraph 350-30-15-4
  3. c
    Subparagraph not used.
  4. d
    Costs of internally developing identifiable intangible assets that an entity recognizes as assets.
The disclosure requirements of paragraphs
350-30-50-1 through 50-3
also apply to capitalized software costs.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4The guidance in this Subtopic applies to the following:
  1. a
    Intangible assets acquired individually or with a group of other assets (but not the recognition and initial measurement of those acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation)
  2. b
    Intangible assets (other than goodwill) that an entity recognizes in accordance with Subtopic 805-20, 805-60, or 958-805 after they have been initially recognized and measured, except for those identified in paragraph 350-30-15-4
  3. c
    Subparagraph not used.
  4. d
    Costs of internally developing identifiable intangible assets that an entity recognizes as assets.
The disclosure requirements of paragraphs
350-30-50-1 through 50-3
also apply to capitalized software costs related to software to be sold, leased, or marketed that an entity recognizes in accordance with Subtopic 985-20.
","snippet":"The guidance in this Subtopic applies to the following:\n(a) Intangible assets acquired individually or with a group of other assets (but not the recognition and initial measurement of those acquired in a business combina…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cc71dd605052f093de99355f5b530f345713cb33ab1f9141d5f528a81c320e25","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}},{"citation":"350-30-15-4","para":"15-4","html":"
The guidance in this Subtopic does not apply to the following:
  1. a
    Subparagraph not used.
  2. b
    Subparagraph superseded by Accounting Standards Update No. 2010-07.
  3. c
    Except for certain disclosure requirements as noted in paragraph 350-30-15-3, capitalized software costs
  4. d
    Except for disclosures required by paragraph 944-805-50-1 (however, an insurance entity need not duplicate disclosures that also are required by paragraphs
    944-30-50-2A through 50-2B
    ),     intangible assets recognized for acquired insurance contracts under the requirements of Subtopic 944-805
  5. e
    Crypto assets accounted for in accordance with Subtopic 350-60, except for recognition and initial measurement of crypto assets.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4The guidance in this Subtopic does not apply to the following:
  1. a
    Subparagraph not used.
  2. b
    Subparagraph superseded by Accounting Standards Update No. 2010-07.
  3. c
    Except for certain disclosure requirements as noted in paragraph 350-30-15-3, capitalized software costs that an entity recognizes in accordance with Subtopic 985-20.
  4. d
    Except for disclosures required by paragraph 944-805-50-1 (however, an insurance entity need not duplicate disclosures that also are required by paragraphs
    944-30-50-2A through 50-2B
    ),     intangible assets recognized for acquired insurance contracts under the requirements of Subtopic 944-805.
  5. e
    Crypto assets accounted for in accordance with Subtopic 350-60, except for recognition and initial measurement of crypto assets.
  6. f
    Capitalized software costs that an entity recognizes in accordance with Subtopic 350-40 on internal-use software.
","snippet":"The guidance in this Subtopic does not apply to the following:\n(a) Subparagraph not used.\n(b) Subparagraph superseded by Accounting Standards Update No. 2010-07.\n(c) Except for certain disclosure requirements as noted in…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c0beddd359db21af20901ffe9d7e1a54563da8a1c6adba9927b400e8ab6a1386","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7729b4c9dd9c50e0cfceb96e96bdcaa9fcf998a3f56226da0f0ed06fe92a9682","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}},{"block":null,"heading":"Other Considerations","paragraphs":[{"citation":"350-30-15-5","para":"15-5","html":"
This Subtopic does not address the identification of market participants, market participant assumptions, or valuation issues associated with defensive intangible assets.
","snippet":"This Subtopic does not address the identification of market participants, market participant assumptions, or valuation issues associated with defensive intangible assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5e480b4657196a9d483e46838ecd110347d743f2230b2e1f573906482067f347","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:313a9b926e04a34c09a83dc9c821d9354150940460a1ea557fa2e3329b5e98f8","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d1194f11440dcf8d0cbdd74bdbabf7a0d6d93b1bc2f3e92d097b649641662f30","downloaded_from":"2026-09-10T00:01:38.534Z","last_downloaded_at":"2026-09-10T00:01:38.534Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482617","source_sha256":"21b30911d8cc6da94905c045649d5d2df3f9f87acf2cf5ba84e026385495f95b"}},{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-30-25-1","para":"25-1","html":"
An intangible asset that is acquired either individually or with a group of other assets shall be recognized.
","snippet":"An intangible asset that is acquired either individually or with a group of other assets shall be recognized.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9f46119d9e5403e5425fdb2c819ffe6a53dd076dd72a8fc2b050dfb74796d9d8","downloaded_from":"2026-09-10T00:01:43.562Z","last_downloaded_at":"2026-09-10T00:01:43.562Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482568","source_sha256":"0f47f3c59808f6fb189bc2f233bc1f10010bd9edccdbe93f4282a5ad936b0787"}},{"citation":"350-30-25-2","para":"25-2","html":"
As indicated in paragraph 805-50-30-3, the cost of a group of assets acquired in a transaction other than a business combination, an acquisition by a not-for-profit entity, or a joint venture formation shall be allocated to the individual assets acquired based on their relative fair values and shall not give rise to goodwill.
","snippet":"As indicated in paragraph 805-50-30-3, the cost of a group of assets acquired in a transaction other than a business combination, an acquisition by a not-for-profit entity, or a joint venture formation shall be allocated…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1432f473d756bac7ee39331ccf639b86e3a9bbedf71651a6efee3dbcb2e5863f","downloaded_from":"2026-09-10T00:01:43.562Z","last_downloaded_at":"2026-09-10T00:01:43.562Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482568","source_sha256":"0f47f3c59808f6fb189bc2f233bc1f10010bd9edccdbe93f4282a5ad936b0787"}},{"citation":"350-30-25-3","para":"25-3","html":"
Costs of internally developing, maintaining, or restoring intangible assets that are not specifically identifiable, that have indeterminate lives, or that are inherent in a continuing business or nonprofit activity and related to an entity as a whole, shall be recognized as an expense when incurred.
","snippet":"Costs of internally developing, maintaining, or restoring intangible assets that are not specifically identifiable, that have indeterminate lives, or that are inherent in a continuing business or nonprofit activity and r…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f7a6fa64cc7f4fda7afb458a525480cc1afb4903a41eab096cc5ebb65b48d361","downloaded_from":"2026-09-10T00:01:43.562Z","last_downloaded_at":"2026-09-10T00:01:43.562Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482568","source_sha256":"0f47f3c59808f6fb189bc2f233bc1f10010bd9edccdbe93f4282a5ad936b0787"}},{"citation":"350-30-25-4","para":"25-4","html":"
Intangible assets that are acquired individually or with a group of assets in a transaction other than a business combination, an acquisition by a not-for-profit entity, or a joint venture upon formation may meet asset recognition criteria in FASB Concepts Statement No. 5, Recognition and Measurement in Financial Statements of Business Enterprises, even though they do not meet either the contractual-legal criterion or the separability criterion (for example, specially-trained employees or a unique manufacturing process related to an acquired manufacturing plant). Such transactions commonly are bargained exchange transactions that are conducted at arm's length, which provides reliable evidence about the existence and fair value of those assets. Thus, those assets shall be recognized as intangible assets.
Transition date:(P) December 16, 2024; (N) December 16, 2025Transition guidance:
105-10-65-9Intangible assets that are acquired individually or with a group of assets in a transaction other than a business combination, an acquisition by a not-for-profit entity, or a joint venture upon formation may qualify for recognition even though they do not meet either the contractual-legal criterion or the separability criterion for being an identifiable asset (for example, specially-trained employees or a unique manufacturing process related to an acquired manufacturing plant). Such transactions commonly are bargained exchange transactions that are conducted at arm's length, which provides reliable evidence about the existence and fair value of those assets. Thus, those assets shall be recognized as intangible assets.
","snippet":"Intangible assets that are acquired individually or with a group of assets in a transaction other than a business combination, an acquisition by a not-for-profit entity, or a joint venture upon formation may meet asset r…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a8c2bcb42f9bd4ab2e190d8d8083a2bf481a14f19e915b0ce80a2083efd991ff","downloaded_from":"2026-09-10T00:01:43.562Z","last_downloaded_at":"2026-09-10T00:01:43.562Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482568","source_sha256":"0f47f3c59808f6fb189bc2f233bc1f10010bd9edccdbe93f4282a5ad936b0787"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:433e84603173f978e1f0926837671c6c3d299a5fb84b6a66d5801495a11565ef","downloaded_from":"2026-09-10T00:01:43.562Z","last_downloaded_at":"2026-09-10T00:01:43.562Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482568","source_sha256":"0f47f3c59808f6fb189bc2f233bc1f10010bd9edccdbe93f4282a5ad936b0787"}},{"block":null,"heading":"Defensive Intangible Assets","paragraphs":[{"citation":"350-30-25-5","para":"25-5","html":"
A defensive intangible asset, other than an intangible asset that is used in research and development activities, shall be accounted for as a separate unit of accounting. Such a defensive intangible asset shall not be included as part of the cost of an entity's existing intangible asset(s). For implementation guidance on determining whether an intangible asset is a defensive intangible asset, see paragraph 350-30-55-1. For guidance on intangible assets acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation that are used in research and development activities (regardless of whether they have an alternative future use), see paragraph 350-30-35-17A. For guidance on intangibles that are purchased from others for a particular research and development project and that have no alternative future uses (in other research and development projects or otherwise), see Subtopic 730-10.
","snippet":"A defensive intangible asset, other than an intangible asset that is used in research and development activities, shall be accounted for as a separate unit of accounting. Such a defensive intangible asset shall not be in…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:547b54ceb617367d69ccbe183c136575a5d4cd376a0cde6b8216f6d3ec12c5d1","downloaded_from":"2026-09-10T00:01:43.562Z","last_downloaded_at":"2026-09-10T00:01:43.562Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482568","source_sha256":"0f47f3c59808f6fb189bc2f233bc1f10010bd9edccdbe93f4282a5ad936b0787"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:de07f01519c13484c4e4c39412a8f1a1c63ec2e5664a7fddd35d3eb31ee0d6e8","downloaded_from":"2026-09-10T00:01:43.562Z","last_downloaded_at":"2026-09-10T00:01:43.562Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482568","source_sha256":"0f47f3c59808f6fb189bc2f233bc1f10010bd9edccdbe93f4282a5ad936b0787"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:66eae7fc6799edfda8378ae21320d31d627de49ad291d6f27d71a6dec59b1bb4","downloaded_from":"2026-09-10T00:01:43.562Z","last_downloaded_at":"2026-09-10T00:01:43.562Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482568","source_sha256":"0f47f3c59808f6fb189bc2f233bc1f10010bd9edccdbe93f4282a5ad936b0787"}},{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-30-30-1","para":"30-1","html":"
An intangible asset that is acquired either individually or with a group of other assets (but not those acquired in a business combination) shall be initially measured based on the guidance included in paragraphs 805-50-15-3 and
805-50-30-1 through 30-4
.
","snippet":"An intangible asset that is acquired either individually or with a group of other assets (but not those acquired in a business combination) shall be initially measured based on the guidance included in paragraphs 805-50-…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:71a7507e7e9fededb18ec1800b0f6e3c203542d3610d17e9864eebcae6efd289","downloaded_from":"2026-09-10T00:01:45.413Z","last_downloaded_at":"2026-09-10T00:01:45.413Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482544","source_sha256":"7f382ebd53864575d661a8527830ba2280f3c81bd00dfcb501be572e85373d9d"}},{"citation":"350-30-30-2","para":"30-2","html":"
Paragraph superseded by Accounting Standards Update No. 2010-08.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2010-08.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:58cd726964deb73f8b7f28fc305cb3ffc4463aff821ce98d9eaaf2bc425b4524","downloaded_from":"2026-09-10T00:01:45.413Z","last_downloaded_at":"2026-09-10T00:01:45.413Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482544","source_sha256":"7f382ebd53864575d661a8527830ba2280f3c81bd00dfcb501be572e85373d9d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d0ffa2b8a3ced44421cf4ecabebb3c55b99cf817842225776203fbed89f933cd","downloaded_from":"2026-09-10T00:01:45.413Z","last_downloaded_at":"2026-09-10T00:01:45.413Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482544","source_sha256":"7f382ebd53864575d661a8527830ba2280f3c81bd00dfcb501be572e85373d9d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:37712575b118726f22356557703d8a802217db71dd02a724cec8db29b3989e67","downloaded_from":"2026-09-10T00:01:45.413Z","last_downloaded_at":"2026-09-10T00:01:45.413Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482544","source_sha256":"7f382ebd53864575d661a8527830ba2280f3c81bd00dfcb501be572e85373d9d"}},{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":"Determining the Useful Life of an Intangible Asset","paragraphs":[{"citation":"350-30-35-1","para":"35-1","html":"
The accounting for a recognized intangible asset is based on its useful life to the reporting entity. An intangible asset with a finite useful life shall be amortized; an intangible asset with an indefinite useful life shall not be amortized.
","snippet":"The accounting for a recognized intangible asset is based on its useful life to the reporting entity. An intangible asset with a finite useful life shall be amortized; an intangible asset with an indefinite useful life s…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b87908754ac1bb1e2f3b97f8986a918ab361ff9f34c4855ff860c6030c033afc","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-2","para":"35-2","html":"
The useful life of an intangible asset to an entity is the period over which the asset is expected to contribute directly or indirectly to the future cash flows of that entity. The useful life is not the period of time that it would take that entity to internally develop an intangible asset that would provide similar benefits. However, a reacquired right recognized as an intangible asset is amortized over the remaining contractual period of the contract in which the right was granted. If an entity subsequently reissues (sells) a reacquired right to a third party, the entity includes the related unamortized asset, if any, in determining the gain or loss on the reissuance.
","snippet":"The useful life of an intangible asset to an entity is the period over which the asset is expected to contribute directly or indirectly to the future cash flows of that entity. The useful life is not the period of time t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a245133c05d9f58b6c10018a5d35d50696439ece8b81935aa0b519e99b5c1831","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-3","para":"35-3","html":"
The estimate of the useful life of an intangible asset to an entity shall be based on an analysis of all pertinent factors, in particular, all of the following factors with no one factor being more presumptive than the other:
  1. a
    The expected use of the asset by the entity.
  2. b
    The expected useful life of another asset or a group of assets to which the useful life of the intangible asset may relate.
  3. c
    Any legal, regulatory, or contractual provisions that may limit the useful life. The cash flows and useful lives of intangible assets that are based on legal rights are constrained by the duration of those legal rights. Thus, the useful lives of such intangible assets cannot extend beyond the length of their legal rights and may be shorter.
  4. d
    The entity's own historical experience in renewing or extending similar arrangements, consistent with the intended use of the asset by the entity, regardless of whether those arrangements have explicit renewal or extension provisions. In the absence of that experience, the entity shall consider the assumptions that market participants would use about renewal or extension consistent with the highest and best use of the asset by market participants, adjusted for entity-specific factors in this paragraph.
  5. e
    The effects of obsolescence, demand, competition, and other economic factors (such as the stability of the industry, known technological advances, legislative action that results in an uncertain or changing regulatory environment, and expected changes in distribution channels)
  6. f
    The level of maintenance expenditures required to obtain the expected future cash flows from the asset (for example, a material level of required maintenance in relation to the carrying amount of the asset may suggest a very limited useful life). As in determining the useful life of depreciable tangible assets, regular maintenance may be assumed but enhancements may not.
Further, if an income approach is used to measure the fair value of an intangible asset, in determining the useful life of the intangible asset for amortization purposes, an entity shall consider the period of expected cash flows used to measure the fair value of the intangible asset adjusted as appropriate for the entity-specific factors in this paragraph.
","snippet":"The estimate of the useful life of an intangible asset to an entity shall be based on an analysis of all pertinent factors, in particular, all of the following factors with no one factor being more presumptive than the o…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9b15bd470dd2808a286527d6bbe2431bb2ec7a1c26d34277a41c078483cfc768","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-4","para":"35-4","html":"
If no legal, regulatory, contractual, competitive, economic, or other factors limit the useful life of an intangible asset to the reporting entity, the useful life of the asset shall be considered to be indefinite. The term indefinite does not mean the same as infinite or indeterminate. The useful life of an intangible asset is indefinite if that life extends beyond the foreseeable horizon—that is, there is no foreseeable limit on the period of time over which it is expected to contribute to the cash flows of the reporting entity. Such intangible assets might be airport route authorities, certain trademarks, and taxicab medallions.
","snippet":"If no legal, regulatory, contractual, competitive, economic, or other factors limit the useful life of an intangible asset to the reporting entity, the useful life of the asset shall be considered to be indefinite. The t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:15dbad48bc3eddb1b3ebf7fd248e42fcebf8cfde90a42c0975c47ea0116d60e0","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-5","para":"35-5","html":"
Examples 1 through 9B (see paragraphs 350-30-55-2 through 55-28F) illustrate different intangible assets and how they should be accounted for in accordance with this Subtopic, including determining whether the useful life of an intangible asset is indefinite.
","snippet":"Examples 1 through 9B (see paragraphs 350-30-55-2 through 55-28F) illustrate different intangible assets and how they should be accounted for in accordance with this Subtopic, including determining whether the useful lif…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d1e6e9ac28d6dc8747b6b78bc03f2307bb9e473f3fbe6bc1cc5e0fd9e0b7f3ab","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-5A","para":"35-5A","html":"
This guidance addresses the application of paragraphs
350-30-35-1 through 35-4
to a defensive intangible asset other than an intangible asset that is used in research and development activities. A defensive intangible asset shall be assigned a useful life that reflects the entity's consumption of the expected benefits related to that asset. The benefit a reporting entity receives from holding a defensive intangible asset is the direct and indirect cash flows resulting from the entity preventing others from realizing any value from the intangible asset (defensively or otherwise). An entity shall determine a defensive intangible asset's useful life, that is, the period over which an entity consumes the expected benefits of the asset, by estimating the period over which the defensive intangible asset will diminish in fair value. The period over which a defensive intangible asset diminishes in fair value is a proxy for the period over which the reporting entity expects a defensive intangible asset to contribute directly or indirectly to the future cash flows of the entity.
","snippet":"This guidance addresses the application of paragraphs 350-30-35-1 through 35-4 to a defensive intangible asset other than an intangible asset that is used in research and development activities. A defensive intangible as…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ce8621ad850367addec867eab6f18e250400593130cebe1e330fdecc72633a03","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-5B","para":"35-5B","html":"
It would be rare for a defensive intangible asset to have an indefinite life because the fair value of the defensive intangible asset will generally diminish over time as a result of a lack of market exposure or as a result of competitive or other factors. Additionally, if an acquired intangible asset meets the definition of a defensive intangible asset, it shall not be considered immediately abandoned.
","snippet":"It would be rare for a defensive intangible asset to have an indefinite life because the fair value of the defensive intangible asset will generally diminish over time as a result of a lack of market exposure or as a res…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d75cb81aeec246fb8948fec79da704575bdd3a8dfa95b8a92c93cbf9530bb4e8","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21ff6ab8ade3a2fd166dc48e919bc405320654af8a6c7e45b77023532b1c054d","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"block":null,"heading":"Intangible Assets Subject to Amortization","paragraphs":[{"citation":"350-30-35-6","para":"35-6","html":"
A recognized intangible asset shall be amortized over its useful life to the reporting entity unless that life is determined to be indefinite. If an intangible asset has a finite useful life, but the precise length of that life is not known, that intangible asset shall be amortized over the best estimate of its useful life. The method of amortization shall reflect the pattern in which the economic benefits of the intangible asset are consumed or otherwise used up. If that pattern cannot be reliably determined, a straight-line amortization method shall be used.
","snippet":"A recognized intangible asset shall be amortized over its useful life to the reporting entity unless that life is determined to be indefinite. If an intangible asset has a finite useful life, but the precise length of th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:53e83baebdd71a5a3e09fe0f49f59a2f15d059936f62190cd2ecd1a41afcb1c2","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-7","para":"35-7","html":"
An intangible asset shall not be written down or off in the period of acquisition unless it becomes impaired during that period. However, paragraph 730-10-25-2(c) requires amounts assigned to intangible assets acquired in a transaction other than a business combination or an acquisition by a not-for-profit entityor recognized by a joint venture upon formation that are to be used in a particular research and development project and that have no alternative future use to be charged to expense at the acquisition date.
","snippet":"An intangible asset shall not be written down or off in the period of acquisition unless it becomes impaired during that period. However, paragraph 730-10-25-2(c) requires amounts assigned to intangible assets acquired i…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f7c460d4a0aa66fe64c09da0315497811735a7281faa91f86992f0430d4538fa","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-8","para":"35-8","html":"
The amount of an intangible asset to be amortized shall be the amount initially assigned to that asset less any residual value. The residual value of an intangible asset shall be assumed to be zero unless at the end of its useful life to the entity the asset is expected to continue to have a useful life to another entity and either of the following conditions is met:
  1. a
    The reporting entity has a commitment from a third party to purchase the asset at the end of its useful life.
  2. b
    The residual value can be determined by reference to an exchange transaction in an existing market for that asset and that market is expected to exist at the end of the asset's useful life.
","snippet":"The amount of an intangible asset to be amortized shall be the amount initially assigned to that asset less any residual value. The residual value of an intangible asset shall be assumed to be zero unless at the end of i…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:13419262faafa8872313e0d850e52b0d951eb6d7502a771a923f7cd400c75da1","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-9","para":"35-9","html":"
An entity shall evaluate the remaining useful life of an intangible asset that is being amortized each reporting period to determine whether events and circumstances warrant a revision to the remaining period of amortization. If the estimate of an intangible asset's remaining useful life is changed, the remaining carrying amount of the intangible asset shall be amortized prospectively over that revised remaining useful life.
","snippet":"An entity shall evaluate the remaining useful life of an intangible asset that is being amortized each reporting period to determine whether events and circumstances warrant a revision to the remaining period of amortiza…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f5f93a876d884134a24ee0ba5efc31203acd1fa2ce18c482727ac2c1c11f5834","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-10","para":"35-10","html":"
An intangible asset that initially is deemed to have a finite useful life shall cease being amortized if it is subsequently determined to have an indefinite useful life, for example, due to a change in legal requirements. If an intangible asset that is being amortized is subsequently determined to have an indefinite useful life, the asset shall be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-20
.
","snippet":"An intangible asset that initially is deemed to have a finite useful life shall cease being amortized if it is subsequently determined to have an indefinite useful life, for example, due to a change in legal requirements…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7d907ba0b67748ddef124407142859b16589e73bdd726088b5b21f63069985a8","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-11","para":"35-11","html":"
Any resulting impairment loss would be due to a change in accounting estimate and thus, consistent with Topic 250, shall be recognized as a change in estimate, not as a change in accounting principle. Therefore, that loss shall be presented in the income statement in the same manner as other impairment losses.
","snippet":"Any resulting impairment loss would be due to a change in accounting estimate and thus, consistent with Topic 250, shall be recognized as a change in estimate, not as a change in accounting principle. Therefore, that los…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:581d6ff52109389325bdbbf1e7f50f97035a85eafe5a1362c1573a9191f1dfc1","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-12","para":"35-12","html":"
That intangible asset shall no longer be amortized and shall be accounted for in the same manner as other intangible assets that are not subject to amortization.
","snippet":"That intangible asset shall no longer be amortized and shall be accounted for in the same manner as other intangible assets that are not subject to amortization.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:89bd926df828c870fc1a626e34eac48f19838e0f7ae8f21c3599b3ea0522288b","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-13","para":"35-13","html":"
When an intangible asset's useful life is no longer considered to be indefinite, such as when unanticipated competition enters the market, the intangible asset must be amortized over the remaining period that it is expected to contribute to cash flows.
","snippet":"When an intangible asset's useful life is no longer considered to be indefinite, such as when unanticipated competition enters the market, the intangible asset must be amortized over the remaining period that it is expec…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c678ca456c6191e03330a5932bac577ff63f862acaca32ab273e67633796e39b","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ff95a8acf485af863c83399af906be3d5d49591a621b6257bf8f60d28593a513","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"block":null,"heading":"Recognition and Measurement of an Impairment Loss","paragraphs":[{"citation":"350-30-35-14","para":"35-14","html":"
An intangible asset that is subject to amortization shall be reviewed for impairment in accordance with the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10 by applying the recognition and measurement provisions in paragraphs
360-10-35-17 through 35-35
. In accordance with the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10, an impairment loss shall be recognized if the carrying amount of an intangible asset is not recoverable and its carrying amount exceeds its fair value. After an impairment loss is recognized, the adjusted carrying amount of the intangible asset shall be its new accounting basis. Subsequent reversal of a previously recognized impairment loss is prohibited.
","snippet":"An intangible asset that is subject to amortization shall be reviewed for impairment in accordance with the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10 by applying the recognition and measu…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7c3ad6a2804be7fa128bb40e9f387a9f052fdcc566da0a4cb1f80e1c957a52db","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-15","para":"35-15","html":"
If an intangible asset is determined to have an indefinite useful life, it shall not be amortized until its useful life is determined to be no longer indefinite.
","snippet":"If an intangible asset is determined to have an indefinite useful life, it shall not be amortized until its useful life is determined to be no longer indefinite.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:47eeb9815c33008f27e2372deda8e8c67d9d3addde5e604b952b60031137ddd4","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-16","para":"35-16","html":"
An entity shall evaluate the remaining useful life of an intangible asset that is not being amortized each reporting period to determine whether events and circumstances continue to support an indefinite useful life.
","snippet":"An entity shall evaluate the remaining useful life of an intangible asset that is not being amortized each reporting period to determine whether events and circumstances continue to support an indefinite useful life.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c07d401102f169d89844450af873527665ddac6fab52446d989084cb109dc767","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-17","para":"35-17","html":"
If an intangible asset that is not being amortized is subsequently determined to have a finite useful life, the asset shall be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-19
. That intangible asset shall then be amortized prospectively over its estimated remaining useful life and accounted for in the same manner as other intangible assets that are subject to amortization.
","snippet":"If an intangible asset that is not being amortized is subsequently determined to have a finite useful life, the asset shall be tested for impairment in accordance with paragraphs 350-30-35-18 through 35-19. That intangib…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4fe998c1a0e65db462a7a310a830ba31cb6fb3b3b7bc873c84ffc2aa629a16f5","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-17A","para":"35-17A","html":"
Intangible assets acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation that are used in research and development activities (regardless of whether they have an alternative future use) shall be considered indefinite lived until the completion or abandonment of the associated research and development efforts. During the period that those assets are considered indefinite lived, they shall not be amortized but shall be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-19
. Once the research and development efforts are completed or abandoned, the entity shall determine the useful life of the assets based on the guidance in this Section. Consistent with the guidance in paragraph 360-10-35-49, intangible assets acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation that have been temporarily idled shall not be accounted for as if abandoned.
","snippet":"Intangible assets acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joint venture upon formation that are used in research and development activities (regardles…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9092183dd38c7c2abc00272ce059c06caad5fe0a576ab1c4fa6cce9d1bd786d3","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-18","para":"35-18","html":"
An intangible asset that is not subject to amortization shall be tested for impairment annually and more frequently if events or changes in circumstances indicate that it is more likely than not that the asset is impaired.
","snippet":"An intangible asset that is not subject to amortization shall be tested for impairment annually and more frequently if events or changes in circumstances indicate that it is more likely than not that the asset is impaire…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8c33505eb3e536db59d5d6f3bafbdc50a43a77e62246ea2df0540cbd2cdf5834","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-18A","para":"35-18A","html":"
An entity may first perform a qualitative assessment, as described in this paragraph and paragraphs
350-30-35-18B through 35-18F
, to determine whether it is necessary to perform the quantitative impairment test as described in paragraph 350-30-35-19. An entity has an unconditional option to bypass the qualitative assessment for any indefinite-lived intangible asset in any period and proceed directly to performing the quantitative impairment test as described in paragraph 350-30-35-19. An entity may resume performing the qualitative assessment in any subsequent period. If an entity elects to perform a qualitative assessment, it first shall assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that an indefinite-lived intangible asset is impaired.
","snippet":"An entity may first perform a qualitative assessment, as described in this paragraph and paragraphs 350-30-35-18B through 35-18F, to determine whether it is necessary to perform the quantitative impairment test as descri…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:96002881383f89f97d306c8551b14e810f6900d1077beaa975624d32bfb72eed","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-18B","para":"35-18B","html":"
In assessing whether it is more likely than not that an indefinite-lived intangible asset is impaired, an entity shall assess all relevant events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite-lived intangible asset. Examples of such events and circumstances include the following:
  1. a
    Cost factors such as increases in raw materials, labor, or other costs that have a negative effect on future expected earnings and cash flows that could affect significant inputs used to determine the fair value of the indefinite-lived intangible asset
  2. b
    Financial performance such as negative or declining cash flows or a decline in actual or planned revenue or earnings compared with actual and projected results of relevant prior periods that could affect significant inputs used to determine the fair value of the indefinite-lived intangible asset
  3. c
    Legal, regulatory, contractual, political, business, or other factors, including asset-specific factors that could affect significant inputs used to determine the fair value of the indefinite-lived intangible asset
  4. d
    Other relevant entity-specific events such as changes in management, key personnel, strategy, or customers; contemplation of bankruptcy; or litigation that could affect significant inputs used to determine the fair value of the indefinite-lived intangible asset
  5. e
    Industry and market considerations such as a deterioration in the environment in which an entity operates, an increased competitive environment, a decline in market-dependent multiples or metrics (in both absolute terms and relative to peers), or a change in the market for an entity's products or services due to the effects of obsolescence, demand, competition, or other economic factors (such as the stability of the industry, known technological advances, legislative action that results in an uncertain or changing business environment, and expected changes in distribution channels) that could affect significant inputs used to determine the fair value of the indefinite-lived intangible asset
  6. f
    Macroeconomic conditions such as deterioration in general economic conditions, limitations on accessing capital, fluctuations in foreign exchange rates, or other developments in equity and credit markets that could affect significant inputs used to determine the fair value of the indefinite-lived intangible asset.
","snippet":"In assessing whether it is more likely than not that an indefinite-lived intangible asset is impaired, an entity shall assess all relevant events and circumstances that could affect the significant inputs used to determi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f2989105b8b9e14b2618fe9a8d5d55bbde77ac6cde13c7c6e9f34b259d949161","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-18C","para":"35-18C","html":"
The examples included in the preceding paragraph are not all-inclusive, and an entity shall consider other relevant events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite-lived intangible asset. An entity shall consider the extent to which each of the adverse events and circumstances identified could affect the significant inputs used to determine the fair value of an indefinite-lived intangible asset. An entity also shall consider the following to determine whether it is more likely than not that the indefinite-lived intangible asset is impaired:
  1. a
    Positive and mitigating events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite-lived intangible asset
  2. b
    If an entity has made a recent fair value calculation for an indefinite-lived intangible asset, the difference between that fair value and the then carrying amount
  3. c
    Whether there have been any changes to the carrying amount of the indefinite-lived intangible asset.
","snippet":"The examples included in the preceding paragraph are not all-inclusive, and an entity shall consider other relevant events and circumstances that could affect the significant inputs used to determine the fair value of th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:471471e9e69bd57622632f4f56f1604cca541d6f5ab617f1996bf80ad043a87b","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-18D","para":"35-18D","html":"
An entity shall evaluate, on the basis of the weight of the evidence, the significance of all identified events and circumstances that could affect the significant inputs used to determine the fair value of the indefinite-lived intangible asset for determining whether it is more likely than not that the indefinite-lived intangible asset is impaired. None of the individual examples of events and circumstances included in paragraph 350-30-35-18B(a) through (f) are intended to represent standalone events and circumstances that necessarily require an entity to calculate the fair value of an intangible asset. Also, the existence of positive and mitigating events and circumstances is not intended to represent a rebuttable presumption that an entity should not perform the quantitative impairment test as described in paragraph 350-30-35-19.
","snippet":"An entity shall evaluate, on the basis of the weight of the evidence, the significance of all identified events and circumstances that could affect the significant inputs used to determine the fair value of the indefinit…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a7e796159a1151aecd5a8e565cbff01afe65b73375e3ba9b1be03cc03a1b7c3c","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-18E","para":"35-18E","html":"
If after assessing the totality of events and circumstances and their potential effect on significant inputs to the fair value determination an entity determines that it is not more likely than not that the indefinite-lived intangible asset is impaired, then the entity need not calculate the fair value of the intangible asset and perform the quantitative impairment test in accordance with paragraph 350-30-35-19.
","snippet":"If after assessing the totality of events and circumstances and their potential effect on significant inputs to the fair value determination an entity determines that it is not more likely than not that the indefinite-li…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5733044c8b6a7ed10e8dc518ffeef772505c123c799d97de61933e2179184970","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-18F","para":"35-18F","html":"
If after assessing the totality of events and circumstances and their potential effect on significant inputs to the fair value determination an entity determines that it is more likely than not that the indefinite-lived intangible asset is impaired, then the entity shall calculate the fair value of the intangible asset and perform the quantitative impairment test in accordance with the following paragraph.
","snippet":"If after assessing the totality of events and circumstances and their potential effect on significant inputs to the fair value determination an entity determines that it is more likely than not that the indefinite-lived …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9c3c1962c43b6ea5f116f14590980e9b8e77327191ddb2c054450499856ca200","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-19","para":"35-19","html":"
The quantitative impairment test for an indefinite-lived intangible asset shall consist of a comparison of the fair value of the asset with its carrying amount. If the carrying amount of an intangible asset exceeds its fair value, an entity shall recognize an impairment loss in an amount equal to that excess. After an impairment loss is recognized, the adjusted carrying amount of the intangible asset shall be its new accounting basis.
","snippet":"The quantitative impairment test for an indefinite-lived intangible asset shall consist of a comparison of the fair value of the asset with its carrying amount. If the carrying amount of an intangible asset exceeds its f…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eb3c9b3adcc8c5775baf4a2d7a962f2e2f332cb2791e0a64ddb0a7ce8f535c68","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-20","para":"35-20","html":"
Subsequent reversal of a previously recognized impairment loss is prohibited.
","snippet":"Subsequent reversal of a previously recognized impairment loss is prohibited.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e4a42fbdaa39570e50f973b93c598c115af15a2bce1b34cefad8dc58cd506fab","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7170ee624e5bf26bd5a9af1cab48524037dd138fd3b72080330c0d08c0fe4b47","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"block":null,"heading":"Unit of Accounting for Purposes of Testing for Impairment of Intangible Assets Not Subject to Amortization","paragraphs":[{"citation":"350-30-35-21","para":"35-21","html":"
Separately recorded indefinite-lived intangible assets, whether acquired or internally developed, shall be combined into a single unit of accounting for purposes of testing impairment if they are operated as a single asset and, as such, are essentially inseparable from one another.
","snippet":"Separately recorded indefinite-lived intangible assets, whether acquired or internally developed, shall be combined into a single unit of accounting for purposes of testing impairment if they are operated as a single ass…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:466fb46aae54ecf60b9a970ae65f07a4390efaf889e800c80b207b34f61ae106","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-22","para":"35-22","html":"
Determining whether several indefinite-lived intangible assets are essentially inseparable is a matter of judgment that depends on the relevant facts and circumstances. The indicators in paragraph 350-30-35-23 shall be considered in making that determination. None of the indicators shall be considered presumptive or determinative.
","snippet":"Determining whether several indefinite-lived intangible assets are essentially inseparable is a matter of judgment that depends on the relevant facts and circumstances. The indicators in paragraph 350-30-35-23 shall be c…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d080a67220dd809cebc935a5f4e686efc40dbc7639886d90020b195f1ab0e5d4","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-23","para":"35-23","html":"
Indicators that two or more indefinite-lived intangible assets shall be combined as a single unit of accounting for impairment testing purposes are as follows:
  1. a
    The intangible assets were purchased in order to construct or enhance a single asset (that is, they will be used together).
  2. b
    Had the intangible assets been acquired in the same acquisition they would have been recorded as one asset.
  3. c
    The intangible assets as a group represent the highest and best use of the assets (for example, they yield the highest price if sold as a group). This may be indicated if it is unlikely that a substantial portion of the assets would be sold separately or the sale of a substantial portion of the intangible assets individually would result in a significant reduction in the fair value of the remaining assets as a group.
  4. d
    The marketing or branding strategy provides evidence that the intangible assets are complementary, as that term is used in paragraph 805-20-55-18.
","snippet":"Indicators that two or more indefinite-lived intangible assets shall be combined as a single unit of accounting for impairment testing purposes are as follows:\n(a) The intangible assets were purchased in order to constru…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e26b086a032d29117750dd7c7e2386da420d1cbe1a2b68951416e6b8352e64c5","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-24","para":"35-24","html":"
Indicators that two or more indefinite-lived intangible assets shall not be combined as a single unit of accounting for impairment testing purposes are as follows:
  1. a
    Each intangible asset generates cash flows independent of any other intangible asset (as would be the case for an intangible asset licensed to another entity for its exclusive use).
  2. b
    If sold, each intangible asset would likely be sold separately. A past practice of selling similar assets separately is evidence indicating that combining assets as a single unit of accounting may not be appropriate.
  3. c
    The entity has adopted or is considering a plan to dispose of one or more intangible assets separately.
  4. d
    The intangible assets are used exclusively by different asset groups (see the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10).
  5. e
    The economic or other factors that might limit the useful economic life of one of the intangible assets would not similarly limit the useful economic lives of other intangible assets combined in the unit of accounting.
","snippet":"Indicators that two or more indefinite-lived intangible assets shall not be combined as a single unit of accounting for impairment testing purposes are as follows:\n(a) Each intangible asset generates cash flows independe…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7fcf6fd42004ccbe585f2336b400abbf04bc654db7fa60bfb94f28595ea27bfd","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-25","para":"35-25","html":"
Paragraph superseded by Accounting Standards Update No. 2010-07.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2010-07.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:003640c36219bdb62bd54a32f2b8186b3b46dc2bea0e5243c82a88b2868fc7b4","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-26","para":"35-26","html":"
All of the following shall be included in the determination of the unit of accounting used to test indefinite-lived intangible assets for impairment:
  1. a
    The unit of accounting shall include only indefinite-lived intangible assets—those assets cannot be tested in combination with goodwill or with a finite-lived asset.
  2. b
    The unit of accounting cannot represent a group of indefinite-lived intangible assets that collectively constitute a business or a nonprofit activity.
  3. c
    A unit of accounting may include indefinite-lived intangible assets recorded in the separate financial statements of consolidated subsidiaries. As a result, an impairment loss recognized in the consolidated financial statements may differ from the sum of the impairment losses (if any) recognized in the separate financial statements of those subsidiaries.
  4. d
    Subparagraph superseded by Accounting Standards Update No. 2017-04.
","snippet":"All of the following shall be included in the determination of the unit of accounting used to test indefinite-lived intangible assets for impairment:\n(a) The unit of accounting shall include only indefinite-lived intangi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:225e0a04b70c1a10e5231b0c7a2bd24d6eeb3918e4edb072fce513e66f779f87","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-27","para":"35-27","html":"
If, based on a change in the way in which intangible assets are used, an entity combines as a unit of accounting for impairment testing purposes indefinite-lived intangible assets that were previously tested for impairment separately, those intangible assets shall be separately tested for impairment in accordance with paragraphs
350-30-35-18 through 35-20
prior to being combined as a unit of accounting.
","snippet":"If, based on a change in the way in which intangible assets are used, an entity combines as a unit of accounting for impairment testing purposes indefinite-lived intangible assets that were previously tested for impairme…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:975b9339acf9f367ea902950d589e4453288df3ac43a77b059843658535a7003","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"citation":"350-30-35-28","para":"35-28","html":"
Examples 10 through 12 (see paragraphs
350-30-55-29 through 55-38
) illustrate the determination of the unit of accounting to use in impairment testing.
","snippet":"Examples 10 through 12 (see paragraphs 350-30-55-29 through 55-38) illustrate the determination of the unit of accounting to use in impairment testing.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:728abe563e07943cb0757270238a98ec71ce344ff3bceccd158d90dd6c908a1a","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1b5fec27968dcd77d89739d76650bb95fdc9658db303869c2c044fb4b6c002da","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:731a5dc9b93a7c81e46f0450949f9084def9f2211f67ae3a18f423c72dc19aa3","downloaded_from":"2026-09-10T00:01:48.455Z","last_downloaded_at":"2026-09-10T00:01:48.455Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482710","source_sha256":"e49a5171a11ae2aac656c7ec0b8facb58ac99923492940396db7a0e6df8f127e"}},{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-30-45-1","para":"45-1","html":"
At a minimum, all intangible assets shall be aggregated and presented as a separate line item in the statement of financial position. However, that requirement does not preclude presentation of individual intangible assets or classes of intangible assets as separate line items.
","snippet":"At a minimum, all intangible assets shall be aggregated and presented as a separate line item in the statement of financial position. However, that requirement does not preclude presentation of individual intangible asse…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2e562fb422f468a312b48abe2664b9ac7c55c8a21b5499544acaacbc6f0f494b","downloaded_from":"2026-09-10T00:01:58.947Z","last_downloaded_at":"2026-09-10T00:01:58.947Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482686","source_sha256":"26d8fa15298893e2e7937a69a32667524452289fdcc154f0f887d4964d8352a4"}},{"citation":"350-30-45-2","para":"45-2","html":"
The amortization expense and impairment losses for intangible assets shall be presented in income statement line items within continuing operations as deemed appropriate for each entity.
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Paragraphs
350-30-35-9 through 35-12
and
350-30-35-15 through 35-17
require that an intangible asset be tested for impairment when it is determined that the asset shall no longer be amortized or shall begin to be amortized due to a reassessment of its remaining useful life. An impairment loss resulting from that impairment test shall not be recognized as a change in accounting principle.
","snippet":"Paragraphs 350-30-35-9 through 35-12 and 350-30-35-15 through 35-17 require that an intangible asset be tested for impairment when it is determined that the asset shall no longer be amortized or shall begin to be amortiz…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f57178c94c0e1900cb6265270760dc31b0dc2fb254e592d942540276942bd8de","downloaded_from":"2026-09-10T00:01:58.947Z","last_downloaded_at":"2026-09-10T00:01:58.947Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482686","source_sha256":"26d8fa15298893e2e7937a69a32667524452289fdcc154f0f887d4964d8352a4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:237c5962b181a96ff2bb17dafbad82c950dc5b274286c66a73a397eef2fa58ab","downloaded_from":"2026-09-10T00:01:58.947Z","last_downloaded_at":"2026-09-10T00:01:58.947Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482686","source_sha256":"26d8fa15298893e2e7937a69a32667524452289fdcc154f0f887d4964d8352a4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:dbe63ffc73fdfd3de6d844bcfa1643f7ca993d7eea7f7dd32678754d4b458bc5","downloaded_from":"2026-09-10T00:01:58.947Z","last_downloaded_at":"2026-09-10T00:01:58.947Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482686","source_sha256":"26d8fa15298893e2e7937a69a32667524452289fdcc154f0f887d4964d8352a4"}},{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"Disclosures in the Period of Acquisition","paragraphs":[{"citation":"350-30-50-1","para":"50-1","html":"
For intangible assets 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
    2. 2
      The amount of any significant residual value, 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:
220-40-65-1For intangible assets 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
    2. 2
      The amount of any significant residual value, 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
    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.
","snippet":"For intangible assets 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 followin…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cdc0503461908575c80209277eae805e1bde4c7e9c2d80b6e98567cc759c718f","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e0b7085e7d85fae0abfd241c2bf75cb5322386223d04b4d79cfadf4f1e5234d4","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}},{"block":null,"heading":"Disclosures for Each Period for Which a Statement of Financial Position Is Presented","paragraphs":[{"citation":"350-30-50-2","para":"50-2","html":"
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) illustrates these disclosure requirements.
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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:
220-40-65-1For 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
for additional disclosure requirements.
","snippet":"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 recogni…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:028e5ec2784e276a99bd4b33a90ce07a7700def038cd94ec6fb0ee6e988c3d78","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}},{"citation":"350-30-50-3A","para":"50-3A","html":"
A nonpublic entity 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) that relate to the financial accounting and reporting for an indefinite-lived intangible asset after its initial recognition.
","snippet":"A nonpublic entity 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 paragra…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:444fcdd599327c8ad097d831ff6d462e2b57e59f97dd54f727b6ba8c9dc672ad","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:879f15a7c1ca27c3b4b646c8beb738c695ac35acd2767c0375f5b1ef64b508d8","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}},{"block":null,"heading":"Renewal or Extension of an Intangible Asset's Legal or Contractual Life","paragraphs":[{"citation":"350-30-50-4","para":"50-4","html":"
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.
","snippet":"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 th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d273ec5bb8d145e129420d0cfa37f9d3d6b2c7ca7899bfe3859c12b5f9c8946c","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fbb7a1c80793119a9fbaeecd3dbf9118ef33e51b5b5f1f460ed930bd1a0bc237","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}},{"block":null,"heading":"Certain Significant Estimates","paragraphs":[{"citation":"350-30-50-5","para":"50-5","html":"
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, see paragraph 275-10-50-15A.
","snippet":"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, see paragraph 275-10-50-15A.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5a92ad24b26db612413cb4e768e4f8453d0c86dba527428fefb55ecc834f44f5","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:03a366ef012d98b9fb73db82d0dbda09110300e17ad39cd97c27c7845a1ac3ff","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6559fb8497b7fedc45323f00a59eb14deb66bcad46e621bf6f9f476f2eddeabb","downloaded_from":"2026-09-10T00:02:02.470Z","last_downloaded_at":"2026-09-10T00:02:02.470Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482665","source_sha256":"60d5b170453e6b249ad80356699700b4242098e96c8677b55fcc75840aaaf0e7"}},{"number":"55","label":"55 Implementation Guidance and Illustrations","anchor":"55-implementation-guidance-and-illustrations","is_sec":false,"groups":[{"block":null,"heading":"Implementation Guidance","paragraphs":[{"citation":"350-30-55-1","para":"55-1","html":"
This implementation guidance addresses the determination of whether or not an intangible asset meets the definition of a defensive intangible asset. A defensive intangible asset could include any of the following:
  1. a
    An asset that the entity will never actively use
  2. b
    An asset that will be used by the entity during a transition period when the intention of the entity is to discontinue the use of that asset.
","snippet":"This implementation guidance addresses the determination of whether or not an intangible asset meets the definition of a defensive intangible asset. A defensive intangible asset could include any of the following:\n(a) An…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c9ccc3bfdac30e45a9d1cfa439977019e834c44dd71be9cea75c97997a68cb95","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-1A","para":"55-1A","html":"
Paragraph not used.
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The determination of whether an intangible asset is a defensive intangible asset is based on the intentions of the reporting entity and that determination may change as the reporting entity's intentions change. For example, an intangible asset that was accounted for as a defensive intangible asset on the date of acquisition will cease to be a defensive asset if the entity subsequently decides to actively use the asset). Examples 9C and 9D (see paragraphs
350-30-55-28G through 55-28L
) illustrate the determination of whether an acquired intangible asset is a defensive intangible asset.
","snippet":"The determination of whether an intangible asset is a defensive intangible asset is based on the intentions of the reporting entity and that determination may change as the reporting entity's intentions change. For examp…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:54386f7f78f978ab016f3be458c2f25a50d07a0d8e6db0c507dcc1b819ad412a","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-1C","para":"55-1C","html":"
This paragraph provides implementation guidance on paragraph 350-30-35-3(d). For a recognized intangible asset, there might continue to be a difference between the useful life of the asset and the period of expected cash flows used to measure the fair value of the asset. However, that difference likely will be limited to situations in which the entity's own assumptions about the period over which the asset is expected to contribute directly and indirectly to the future cash flows of the entity are different from the assumptions market participants would use in pricing the asset. In those situations, it is appropriate for the entity to use its own assumptions because amortization of a recognized intangible asset should reflect the period over which the asset will contribute both directly and indirectly to the expected future cash flows of the entity.
","snippet":"This paragraph provides implementation guidance on paragraph 350-30-35-3(d). For a recognized intangible asset, there might continue to be a difference between the useful life of the asset and the period of expected cash…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:53f398b976cb4ea1230fdd3dd401432fc931a420cd2dc228c565be313e532c2d","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3542259636a695d8337ed1fd8c928f322038e5e5b4fce74ecc7c98cf8d9b1d2b","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 1: Acquired Customer List","paragraphs":[{"citation":"350-30-55-2","para":"55-2","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ee2297082fec63c1089f0f296fb833c9757b8385ffd6096f5b0970458bbc5526","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-3","para":"55-3","html":"
A direct-mail marketing entity acquired a customer list and expects that it will be able to derive benefit from the information on the acquired customer list for at least one year but for no more than three years.
","snippet":"A direct-mail marketing entity acquired a customer list and expects that it will be able to derive benefit from the information on the acquired customer list for at least one year but for no more than three years.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3f0163278b55e760a43d8a16205ea61040a7da3add291990a95dcddcf4165d72","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-4","para":"55-4","html":"
The customer list would be amortized over 18 months, management's best estimate of its useful life, following the pattern in which the expected benefits will be consumed or otherwise used up. Although the acquiring entity may intend to add customer names and other information to the list in the future, the expected benefits of the acquired customer list relate only to the customers on that list at the date of acquisition (a closed-group notion). The customer list would be reviewed for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"The customer list would be amortized over 18 months, management's best estimate of its useful life, following the pattern in which the expected benefits will be consumed or otherwise used up. Although the acquiring entit…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2d03331b6876c3077413dfb07a76d374e5fd58e45084436d9aae75bbfea4ef8f","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e6191cb96ea4626a13b65582ccc07712c7b4c9b2d27f53a4f627e24edd22d51c","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 2: Acquired Patent","paragraphs":[{"citation":"350-30-55-5","para":"55-5","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:597550bd48a81254f36549bc44b4dba0bf6d58df44a4a2f7754c557a0474d216","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-6","para":"55-6","html":"
An acquired patent expires in 15 years. The product protected by the patented technology is expected to be a source of cash flows for at least 15 years. The reporting entity has a commitment from a third party to purchase that patent in 5 years for 60 percent of the fair value of the patent at the date it was acquired, and the entity intends to sell the patent in 5 years.
","snippet":"An acquired patent expires in 15 years. The product protected by the patented technology is expected to be a source of cash flows for at least 15 years. The reporting entity has a commitment from a third party to purchas…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4e235b67d85c7494474869c22ff55f835e4bde9dcc3edb9e596ad7dbc5404783","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-7","para":"55-7","html":"
The patent would be amortized over its five-year useful life to the reporting entity following the pattern in which the expected benefits will be consumed or otherwise used up. The amount to be amortized is 40 percent of the patent's fair value at the acquisition date (residual value is 60 percent). The patent would be reviewed for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"The patent would be amortized over its five-year useful life to the reporting entity following the pattern in which the expected benefits will be consumed or otherwise used up. The amount to be amortized is 40 percent of…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:936b2e42035c163ba99df9ed252d10fab9120226c5375e337f4320bc5f577491","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a898d860424e0ebd8597a782874f342b99af831e95303f02049994bdf77a223d","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 3: Acquired Copyright","paragraphs":[{"citation":"350-30-55-8","para":"55-8","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:dc992a4b026a3a626a23737e3e22f3a7457f3ecc40b290567553c197ec7ed414","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-9","para":"55-9","html":"
An acquired copyright has a remaining legal life of 50 years. An analysis of consumer habits and market trends provides evidence that the copyrighted material will generate cash flows for approximately 30 more years.
","snippet":"An acquired copyright has a remaining legal life of 50 years. An analysis of consumer habits and market trends provides evidence that the copyrighted material will generate cash flows for approximately 30 more years.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f13efa52caaf226912e96a86cf873d2f91ccd57ce16cf41f378f9c2a5b265ad6","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-10","para":"55-10","html":"
The copyright would be amortized over its 30-year estimated useful life following the pattern in which the expected benefits will be consumed or otherwise used up and reviewed for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"The copyright would be amortized over its 30-year estimated useful life following the pattern in which the expected benefits will be consumed or otherwise used up and reviewed for impairment under the Impairment or Dispo…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0a10bd952f6ce73f8237bd3338ccba1e51dbf72cf3b2d552e7f9c589d0faafb6","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d96aed1074ee428a8a7a85566861204b33bcb09af74cb25235aa62e58d7317ae","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 4: Acquired Broadcast License Deemed to Have an Indefinite Life","paragraphs":[{"citation":"350-30-55-11","para":"55-11","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1610f70f89f5a7f8f0eeac35d5e2179069022fc6de65a8f9cfb10cf9c4a7b3e9","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-12","para":"55-12","html":"
An acquired broadcast license expires in five years. The broadcast license is renewable every 10 years if the entity provides at least an average level of service to its customers and complies with the applicable Federal Communications Commission (FCC) rules and policies and the FCC Communications Act of 1934. The license may be renewed indefinitely at little cost and was renewed twice prior to its recent acquisition. The acquiring entity intends to renew the license indefinitely, and evidence supports its ability to do so. Historically, there has been no compelling challenge to the license renewal. The technology used in broadcasting is not expected to be replaced by another technology any time in the foreseeable future. Therefore, the cash flows from that license are expected to continue indefinitely.
","snippet":"An acquired broadcast license expires in five years. The broadcast license is renewable every 10 years if the entity provides at least an average level of service to its customers and complies with the applicable Federal…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:765c8afb75cdad461a8db7c1efa0c9454d4264ca6520b43993cc1a2ff0c7be3b","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-13","para":"55-13","html":"
The broadcast license would be deemed to have an indefinite useful life because cash flows are expected to continue indefinitely. Therefore, the license would not be amortized until its useful life is deemed to be no longer indefinite. The license would be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-20
.
","snippet":"The broadcast license would be deemed to have an indefinite useful life because cash flows are expected to continue indefinitely. Therefore, the license would not be amortized until its useful life is deemed to be no lon…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec9b0026e4b6f9567ba2d6fe6eac1fa689f486a88655f361fdbf9a106669611e","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:593a1f3c0703ad67aeb61782d02f793a0087dd53ba0c921693bb0752a1df5a43","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 5: Acquired Broadcast License Deemed to Have a Finite Life","paragraphs":[{"citation":"350-30-55-14","para":"55-14","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:25ac66c6a9b7fa9b02106c0d4f52dc901138d2ec7971d75324f4793baab31384","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-15","para":"55-15","html":"
Regarding the broadcast license acquired in Example 4 (see paragraph 350-30-55-11), the FCC subsequently decides that it will no longer renew broadcast licenses, but rather will auction those licenses. At the time the decision is made, the broadcast license has three years until it expires. The cash flows from that license are expected to continue until the license expires.
","snippet":"Regarding the broadcast license acquired in Example 4 (see paragraph 350-30-55-11), the FCC subsequently decides that it will no longer renew broadcast licenses, but rather will auction those licenses. At the time the de…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4e03e22e8b73d449cffefdf3c011a5fb8f47d0ea240ba676f9ce0abf259dbaaa","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-16","para":"55-16","html":"
Because the broadcast license can no longer be renewed, its useful life is no longer indefinite. Thus, the acquired license would be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-20
. The license would then be amortized over its remaining three-year useful life following the pattern in which the expected benefits will be consumed or otherwise used up. Because the license will be subject to amortization, in the future it would be reviewed for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"Because the broadcast license can no longer be renewed, its useful life is no longer indefinite. Thus, the acquired license would be tested for impairment in accordance with paragraphs 350-30-35-18 through 35-20. The lic…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c441184c7a3c64cb5b85b9d06a4cf0eef6bbb41245a4b3e7fad627c73b5af85b","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fc5968c677a4946057abce3a6f8c7854c605e7ebddcfe6f2d8b07983eb986c1a","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 6: Acquired Airline Route","paragraphs":[{"citation":"350-30-55-17","para":"55-17","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:32d31625b60d05eca5847fdb5168aa68b8d9947a1ee1d86a5ec10e74b9dbfdb9","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-18","para":"55-18","html":"
An acquired airline route authority from the United States to the United Kingdom expires in three years. The route authority may be renewed every five years, and the acquiring entity intends to comply with the applicable rules and regulations surrounding renewal. Route authority renewals are routinely granted at a minimal cost and have historically been renewed when the airline has complied with the applicable rules and regulations. The acquiring entity expects to provide service to the United Kingdom from its hub airports indefinitely and expects that the related supporting infrastructure (airport gates, slots, and terminal facility leases) will remain in place at those airports for as long as it has the route authority. An analysis of demand and cash flows supports those assumptions.
","snippet":"An acquired airline route authority from the United States to the United Kingdom expires in three years. The route authority may be renewed every five years, and the acquiring entity intends to comply with the applicable…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1f0b31b35f4f40cbe9b040ba9e2fd59ede0316ecce9e3c0620530c227508a51d","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-19","para":"55-19","html":"
Because the facts and circumstances support the acquiring entity's ability to continue providing air service to the United Kingdom from its U.S. hub airports indefinitely, the intangible asset related to the route authority is considered to have an indefinite useful life. Therefore, the route authority would not be amortized until its useful life is deemed to be no longer indefinite and would be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-20
.
","snippet":"Because the facts and circumstances support the acquiring entity's ability to continue providing air service to the United Kingdom from its U.S. hub airports indefinitely, the intangible asset related to the route author…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cb04dfc6ee9935c74a3c5c165d7e3a8411dd3b8f800feffbad29135500346743","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6e919ba17e31a746c35cdcd841bdab7ca151d5e44667e69c397f2405963382cf","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 7: Acquired Trademark Deemed to Have an Indefinite Useful Life","paragraphs":[{"citation":"350-30-55-20","para":"55-20","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1afb47a180f9002e0f8a55ae6e7d4806d51d8c5bfbbbd77572355c6335dcb10c","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-21","para":"55-21","html":"
An acquired trademark that is used to identify and distinguish a leading consumer product has been a market-share leader for the past eight years. The trademark has a remaining legal life of 5 years but is renewable every 10 years at little cost. The acquiring entity intends to continuously renew the trademark, and evidence supports its ability to do so. An analysis of product life cycle studies; market, competitive, and environmental trends; and brand extension opportunities provides evidence that the trademarked product will generate cash flows for the acquiring entity for an indefinite period of time.
","snippet":"An acquired trademark that is used to identify and distinguish a leading consumer product has been a market-share leader for the past eight years. The trademark has a remaining legal life of 5 years but is renewable ever…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:49e0fd0e0b805920ee3a8d17d6bc2faba571be692ae444a6ed426aca7443eea8","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-22","para":"55-22","html":"
The trademark would be deemed to have an indefinite useful life because it is expected to contribute to cash flows indefinitely. Therefore, the trademark would not be amortized until its useful life is no longer indefinite. The trademark would be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-20
.
","snippet":"The trademark would be deemed to have an indefinite useful life because it is expected to contribute to cash flows indefinitely. Therefore, the trademark would not be amortized until its useful life is no longer indefini…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5f5bebcaae60564adebed8a12275d848d3bfeb540c299c2f4aafb5ae15d24a3e","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e9629d5dc68d541696c1c3ac35023d2fff5c1ae52976d7722b578570a104b750","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 8: Acquired Trademark Determined to Have Reduced Cash Flows","paragraphs":[{"citation":"350-30-55-23","para":"55-23","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8bd0f2b08216670dd20f4f8c86d2beaef41901bd8f05395fcd47e5aeb3c1daf8","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-24","para":"55-24","html":"
A trademark that distinguished a leading consumer product was acquired 10 years ago. When it was acquired, the trademark was considered to have an indefinite useful life because the product was expected to generate cash flows indefinitely. During the annual impairment test of the intangible asset, the entity determines that unexpected competition has entered the market that will reduce future sales of the product. Management estimates that cash flows generated by that consumer product will be 20 percent less for the foreseeable future; however, management expects that the product will continue to generate cash flows indefinitely at those reduced amounts.
","snippet":"A trademark that distinguished a leading consumer product was acquired 10 years ago. When it was acquired, the trademark was considered to have an indefinite useful life because the product was expected to generate cash …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a0fa4163ed5d195ad771200115e2bb29f1830d29642ee68f6095d2e251c28116","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-25","para":"55-25","html":"
As a result of the projected decrease in future cash flows, the entity determines that the estimated fair value of the trademark is less than its carrying amount, and an impairment loss is recognized. Because it is still deemed to have an indefinite useful life, the trademark would continue to not be amortized and would continue to be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-20
.
","snippet":"As a result of the projected decrease in future cash flows, the entity determines that the estimated fair value of the trademark is less than its carrying amount, and an impairment loss is recognized. Because it is still…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e7a0234cafaf2ff6d3c680e403ce9c7660c34bd3b92ad18e4cfa99112ecf16cf","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:808103806f6f8067795a048849b492c964ee527aa315d8abef2ccef8afddf7ce","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 9: Acquired Trademark No Longer Deemed to Have an Indefinite Life","paragraphs":[{"citation":"350-30-55-26","para":"55-26","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:102242021d7699b0465b994f0c3fa940b3c7ffeffa5dbdac6485c6ebd8d6c499","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-27","para":"55-27","html":"
A trademark for a line of automobiles was acquired several years ago in an acquisition of an automobile entity. The line of automobiles had been produced by the acquired entity for 35 years with numerous new models developed under the trademark. At the acquisition date, the acquiring entity expected to continue to produce that line of automobiles, and an analysis of various economic factors indicated there was no limit to the period of time the trademark would contribute to cash flows. Because cash flows were expected to continue indefinitely, the trademark was not amortized. Management recently decided to phase out production of that automobile line over the next four years.
","snippet":"A trademark for a line of automobiles was acquired several years ago in an acquisition of an automobile entity. The line of automobiles had been produced by the acquired entity for 35 years with numerous new models devel…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:367db5b2f48c932d89d184dd6fa821297ee96f903f9c19c198f730cbf6c3f0b2","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28","para":"55-28","html":"
Because the useful life of that acquired trademark is no longer deemed to be indefinite, the trademark would be tested for impairment in accordance with paragraphs
350-30-35-18 through 35-20
. The carrying amount of the trademark after adjustment, if any, would then be amortized over its remaining four-year useful life following the pattern in which the expected benefits will be consumed or otherwise used up. Because the trademark will be subject to amortization, in the future it would be reviewed for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"Because the useful life of that acquired trademark is no longer deemed to be indefinite, the trademark would be tested for impairment in accordance with paragraphs 350-30-35-18 through 35-20. The carrying amount of the t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5b09a32440d5744e1260473e8d710df14344bbf1127e6853621c545abe7d9e36","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0567efd6ded1bd1db8ae731193020e492406a104f8ce8e1dc8dcd818721018a6","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 9A: Acquired Technology License That Renews Annually","paragraphs":[{"citation":"350-30-55-28A","para":"55-28A","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8f03cf7ca59f03e11ffb196c55a18971363778aca75c9f1d15dd2e7f20da4058","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28B","para":"55-28B","html":"
An exclusive, annually renewable technology license with a third party is acquired by an entity that has made significant progress in developing next-generation technology for digital video products. The acquiring entity believes that in two years, after it has completed developing its next-generation products, the acquired technology license will be obsolete because customers will convert to the acquiring entity's products. Market participants, however, are not as advanced in their development efforts and are not aware of the acquiring entity's proprietary development efforts. Thus, those market participants would expect the technology license to be obsolete in three years. The acquiring entity determines that the fair value of the technology license using 3 years of cash flows is $10 million, consistent with the highest and best use of the asset by market participants.
","snippet":"An exclusive, annually renewable technology license with a third party is acquired by an entity that has made significant progress in developing next-generation technology for digital video products. The acquiring entity…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec1e27dc218eac6c7bd096eb81ef20d3fb90389e3aecad4b2f5d2a95cc620a93","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28C","para":"55-28C","html":"
In applying paragraph 350-30-35-3(d), the acquiring entity would consider its own historical experience in renewing or extending similar arrangements. In this case, the acquiring entity lacks historical experience in renewing or extending similar arrangements. Therefore, in accordance with that paragraph, the entity would consider the assumptions that a market participant would use consistent with the highest and best use of the technology license. However, because the acquiring entity expects to use the technology license until it becomes obsolete in two years, it must adjust the market participants' assumptions for the entity-specific factors in paragraph 350-30-35-3, specifically item (a), which requires consideration of the entity's expected use of the asset. As a result, the technology license would be amortized over a two-year period. The technology license would be reviewed for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"In applying paragraph 350-30-35-3(d), the acquiring entity would consider its own historical experience in renewing or extending similar arrangements. In this case, the acquiring entity lacks historical experience in ren…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e659485a186257fb59268ecd75bbee30d3bee84ba3aa32b853507f76d0d39144","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2e2d4c5a0405b9103c7c85e880f8d2087efc999f3d6719853a9b9b86cd883dab","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 9B: Acquired Customer Relationship","paragraphs":[{"citation":"350-30-55-28D","para":"55-28D","html":"
This Example illustrates the guidance in paragraphs
350-30-35-1 through 35-20
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-1 through 35-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a4fb31ff82f4c9187844c3e2ef46c7cbc15b13103929ccc7b92a6422887dcaa3","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28E","para":"55-28E","html":"
An insurance entity acquired 50 customer relationships operating under contracts that are renewable annually. The acquiring entity determines that the fair value of the customer relationship asset is $10 million, considering assumptions (including turnover rate) that a market participant would make consistent with the highest and best use of the asset by market participants. An income approach was used to determine the fair value of the acquired customer relationship asset.
","snippet":"An insurance entity acquired 50 customer relationships operating under contracts that are renewable annually. The acquiring entity determines that the fair value of the customer relationship asset is $10 million, conside…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:41ebec2bee5c389a11fe09feca2078a6f61909c9af062149bc3f149cd7badb68","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28F","para":"55-28F","html":"
In applying paragraph 350-30-35-3, the acquiring entity would consider its own historical experience in renewing or extending similar customer relationships. In this case, the acquiring entity concludes that its customer relationships are dissimilar to the acquired customer relationships and, therefore, the acquiring entity lacks historical experience in renewing or extending similar arrangements. Accordingly, the acquiring entity considers turnover assumptions that market participants would make about the renewal or extension of the acquired customer relationships or similar arrangements. Without evidence to the contrary, the acquiring entity expects that the acquired customer relationships will be renewed or extended at the same rate as a market participant would expect, and no other factors would indicate a different useful life is appropriate. Thus, absent any other of the entity-specific factors in paragraph 350-30-35-3, in determining the useful life for amortization purposes, the entity shall consider the period of expected cash flows used to measure the fair value of the asset. The customer relationships would be reviewed for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"In applying paragraph 350-30-35-3, the acquiring entity would consider its own historical experience in renewing or extending similar customer relationships. In this case, the acquiring entity concludes that its customer…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1ecc04701e7739f1ea33d98fcbaea95c1e4a687540ac547ca48d073aea5b693b","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e3c429d8ba550da9841893701ee7a102dbf8683afd4fdc3aa8fa5c0fa25447c4","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 9C: Trade Name","paragraphs":[{"citation":"350-30-55-28G","para":"55-28G","html":"
This Example illustrates the application of the implementation guidance in paragraphs 350-30-55-1 through 55-1B on the determination of whether an intangible asset meets the definition of a defensive intangible asset.
","snippet":"This Example illustrates the application of the implementation guidance in paragraphs 350-30-55-1 through 55-1B on the determination of whether an intangible asset meets the definition of a defensive intangible asset.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:341cb48ce3142f1ea92f56145d47e6c5fcf77cc16f7a6b5b17b86cc19095729e","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28H","para":"55-28H","html":"
Entity A, a consumer products manufacturer, acquires an entity that sells a product that competes with one of Entity A's existing products. Entity A plans to discontinue the sale of the competing product within the next six months, but will maintain the rights to the trade name, at minimal expected cost, to prevent a competitor from using the trade name. As a result, Entity A's existing product is expected to experience an increase in market share. Entity A does not have any current plans to reintroduce the acquired trade name in the future.
","snippet":"Entity A, a consumer products manufacturer, acquires an entity that sells a product that competes with one of Entity A's existing products. Entity A plans to discontinue the sale of the competing product within the next …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:548ced4116c04b3689bd9b5aec0e5befb5d6c3f2f0496b4fae29dabeeff03132","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28I","para":"55-28I","html":"
Because Entity A does not intend to actively use the acquired trade name, but intends to hold the rights to the trade name to prevent others from using it, the trade name meets the definition of a defensive intangible asset.
","snippet":"Because Entity A does not intend to actively use the acquired trade name, but intends to hold the rights to the trade name to prevent others from using it, the trade name meets the definition of a defensive intangible as…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f5cb188db12ffd5ffe403f932c6914ea07f7007a391b54738d8fc138d32a8f1f","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ca2aebdc56926177265d1b259f7f3174a865b5bbd051760c4bd2f0ec1ed17469","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 9D: Internally Developed Software","paragraphs":[{"citation":"350-30-55-28J","para":"55-28J","html":"
This Example illustrates the application of the implementation guidance in paragraphs 350-30-55-1 through 55-1B on the determination of whether an intangible asset meets the definition of a defensive intangible asset.
","snippet":"This Example illustrates the application of the implementation guidance in paragraphs 350-30-55-1 through 55-1B on the determination of whether an intangible asset meets the definition of a defensive intangible asset.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0e0126191caeaadc7c8560bdae447d03d263dfb6e65f107fb007adc444b497e8","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28K","para":"55-28K","html":"
Entity A acquires a group of assets, one of which is billing software developed by the selling entity for its own use. After a six month transition period, Entity A plans to discontinue use of the internally developed billing software. In valuing the billing software in connection with the acquisition, Entity A determines that a market participant would use the billing software, along with other assets in the asset group, for its full remaining economic life—that is, Entity A does not intend to use the asset in a way that is at its highest and best use. Due to the specialized nature of the software, Entity A does not believe the software could be sold to a third party without the other assets acquired.
","snippet":"Entity A acquires a group of assets, one of which is billing software developed by the selling entity for its own use. After a six month transition period, Entity A plans to discontinue use of the internally developed bi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:78973dc771aaa06ca9e507abd8375d0f23432197d24d24051d4651090c5f8293","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-28L","para":"55-28L","html":"
Although Entity A does not intend to actively use the internally developed billing software after a six month transition period, Entity A is not holding the internally developed software to prevent others from using it. Therefore, the internally developed software asset does not meet the definition of a defensive intangible asset.
","snippet":"Although Entity A does not intend to actively use the internally developed billing software after a six month transition period, Entity A is not holding the internally developed software to prevent others from using it. …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b53ccfc698dd371c147531d66a76a78ae5df43bda2bdd0c36136d37eef6ffbca","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b7762ec85004b32896a047565d42445acc8187293d514f6c9684104bcfd5efc1","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 10: Easements","paragraphs":[{"citation":"350-30-55-29","para":"55-29","html":"
This Example illustrates the guidance in paragraphs
350-30-35-21 through 35-24
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-21 through 35-24.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:537fd2c8e21ffad42dcf263756cd1e30693f1354029a817a4ed045ce4eed31f2","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-30","para":"55-30","html":"
Entity A is a distributor of natural gas. Entity A has two self-constructed pipelines, the Northern pipeline and the Southern pipeline. Each pipeline was constructed on land for which Entity A owns perpetual easements that Entity A evaluated under Topic 842 and determined do not meet the definition of a lease under that Topic (because those easements are perpetual and, therefore, do not convey the right to use the underlying land for a period of time). The Northern pipeline was constructed on 50 easements acquired in 50 separate transactions. The Southern pipeline was constructed on 100 separate easements that were acquired in a business combination and were recorded as a single asset. Although each pipeline functions independently of the other, they are contained in the same reporting unit. Operation of each pipeline is directed by a different manager. There are discrete, identifiable cash flows for each pipeline; thus, each pipeline and its related easements represent a separate asset group under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10. While Entity A has no current plans to sell or otherwise dispose of any of its easements, Entity A believes that if either pipeline was sold, it would most likely convey all rights under the easements with the related pipeline.
","snippet":"Entity A is a distributor of natural gas. Entity A has two self-constructed pipelines, the Northern pipeline and the Southern pipeline. Each pipeline was constructed on land for which Entity A owns perpetual easements th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0be3f0d84b040db77001510d74798dc3613d7a6d094fada8a628769d944252b4","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-31","para":"55-31","html":"
Based on an evaluation of the circumstances, Entity A would have two units of accounting for purposes of testing the easements for impairment-the collection of easements supporting the Northern pipeline and the collection of easements supporting the Southern pipeline. The 50 easements supporting the Northern pipeline represent a single unit of accounting as evidenced by the fact that they are collectively used together in a single asset group (see paragraphs
360-10-35-23 through 35-26
), if acquired in a single transaction, they would have been recorded as one asset, and if sold, they would likely be sold as a group with the related pipeline. For the same reasons, the easements supporting the Southern pipeline would represent a single unit of accounting.
","snippet":"Based on an evaluation of the circumstances, Entity A would have two units of accounting for purposes of testing the easements for impairment-the collection of easements supporting the Northern pipeline and the collectio…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4d61cca2c2149394e52b759bf4fe0b0032758d9b69c39dc4c2aa84977efb4c9e","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-32","para":"55-32","html":"
Because the collective land easements underlying the Northern and Southern pipelines generate cash flows independent of one another and are used exclusively by separate asset groups under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10, they should not be combined into a single unit of accounting.
","snippet":"Because the collective land easements underlying the Northern and Southern pipelines generate cash flows independent of one another and are used exclusively by separate asset groups under the Impairment or Disposal of Lo…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3cd45f4037e80555964f427331596ab6dde6844ef9d4cb6c63aef9171bdf6d1f","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c50364c667afb703fef9fe27243e296e9f35720bd3f3dae137fa91a086dc1991","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 11: Trade Name","paragraphs":[{"citation":"350-30-55-33","para":"55-33","html":"
This Example illustrates the guidance in paragraphs
350-30-35-21 through 35-24
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-21 through 35-24.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:520df06b09d51bc7a32b77b06ed9b927fb022b3039b57256fe62b5853cd5fa1f","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-34","para":"55-34","html":"
Entity B purchases an international vacuum cleaner manufacturer, Entity A, which sells vacuums under a well-known trade name. The operations of Entity A are conducted through separate legal entities in three countries and each of those legal entities owns the registered trade name used in that country. When the business combination was recorded, Entity B recorded three separate intangible trade name assets because separate financial statements are required to be prepared for each separate legal entity. There are separate identifiable cash flows for each country, and each country represents an asset group under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10. A single brand manager is responsible for the Entity A trade name, the value of which is expected to be recovered from the worldwide sales of Entity A's products.
","snippet":"Entity B purchases an international vacuum cleaner manufacturer, Entity A, which sells vacuums under a well-known trade name. The operations of Entity A are conducted through separate legal entities in three countries an…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e30c7354cd1a092cee710f0effe1c8aaf7daf8697b40613a3f683619f247784d","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-35","para":"55-35","html":"
Based on an evaluation of the circumstances, three separately recorded trade name assets would be combined into a single unit of accounting for purposes of testing the acquired trade name for impairment. The three registered trade names were acquired in the same business combination and, absent the requirement to prepare separate financial statements for subsidiaries, would have been recorded as a single asset. The trade name is managed by a single brand manager. If sold, Entity C would most likely sell all three legally registered trade names as a single asset.
","snippet":"Based on an evaluation of the circumstances, three separately recorded trade name assets would be combined into a single unit of accounting for purposes of testing the acquired trade name for impairment. The three regist…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:27dc1877e78c49bcd8507298c3750c3e52ff781dcd00b6c68ed81f5da768a1aa","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:00ebfb4f2b39412bf5b7adeebbc312e4497fa6a1ddf242ab3d5e8b7677f8525a","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 12: Brands","paragraphs":[{"citation":"350-30-55-36","para":"55-36","html":"
This Example illustrates the guidance in paragraphs
350-30-35-21 through 35-24
.
","snippet":"This Example illustrates the guidance in paragraphs 350-30-35-21 through 35-24.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bfda2c674de8491738bd60072f37fb293997d705397c6ce71e54cacc54552186","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-37","para":"55-37","html":"
Entity Z manufactures and distributes cereals under two different brands, Brand A and Brand B. Both brands were acquired in the same business combination. Entity Z recorded two separate intangible assets representing Brand A and Brand B. Each brand represents a group of complementary indefinite-lived intangible assets including the trademark, the trade dress, and a recipe. Brand A has two underlying trade names for its Honey and Cinnamon cereals. The trade name and recipe of Cinnamon were internally generated subsequent to the acquisition of Brand A. Sales of Honey have decreased while sales of Cinnamon have increased over the past several years. Despite the decline in sales of Honey, the combined sales of Honey and Cinnamon have increased at the levels expected by management. Sales of Brand B also have increased at expected levels. There are discrete cash flows for Honey, Cinnamon, and Brand B, and each represents a separate asset group under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10. Both Honey and Cinnamon are managed by one brand manager. A separate brand manager is responsible for Brand B; however, there are some shared resources used by these groups, such as procurement. While Entity Z has no current plans to sell its brands or exit the cereal business, it believes if it ever did, it would exit the cereal business in its entirety.
","snippet":"Entity Z manufactures and distributes cereals under two different brands, Brand A and Brand B. Both brands were acquired in the same business combination. Entity Z recorded two separate intangible assets representing Bra…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7166f0328e02a435b76cba2a721c4057a761b365a44a0e26254ba4e129bd5176","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-38","para":"55-38","html":"
Based on an evaluation of the circumstances, Entity Z would have two units of accounting for purposes of testing the acquired brands for impairment. Brand A's purchased Honey and internally generated Cinnamon trademarks should be combined as a single unit of accounting for purposes of impairment testing. The intangible asset associated with the Cinnamon trademark is simply a variation of the previously acquired Brand A Honey trademark. Although they are associated with different asset groups, they are managed by a single brand manager. Entity Z would consider Brand B to be a separate unit of accounting for purposes of testing impairment because that brand is managed separately from Brand A and is used exclusively by a separate asset group under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"Based on an evaluation of the circumstances, Entity Z would have two units of accounting for purposes of testing the acquired brands for impairment. Brand A's purchased Honey and internally generated Cinnamon trademarks …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d136ad80653fefdc977edf36dd1b098217fdceaf86b723931352ba6fd49f3b21","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0967d5c52d517d88ac3ccf20ad486b67d8300880c8fbda623527aca97198f1e5","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"block":null,"heading":"Example 13: Illustration of Disclosure Requirements","paragraphs":[{"citation":"350-30-55-39","para":"55-39","html":"
This Example illustrates the disclosure requirements of paragraphs
350-30-50-1 through 50-3
.
","snippet":"This Example illustrates the disclosure requirements of paragraphs 350-30-50-1 through 50-3.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d9d01995484c52631a803b3983658cd1da028ecc631d6a82ebfca31165642e71","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"citation":"350-30-55-40","para":"55-40","html":"
In accordance with paragraph 350-30-50-2, the following disclosures would be made by Theta Entity in its December 31, 20X3 financial statements relating to acquired intangible assets. Theta Entity did not incur costs to renew or extend the term of acquired intangible assets during the period ending December 31, 20X3.
","snippet":"In accordance with paragraph 350-30-50-2, the following disclosures would be made by Theta Entity in its December 31, 20X3 financial statements relating to acquired intangible assets. Theta Entity did not incur costs to …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2ba03520cba20a81ca4bc850ad8343056738b4a2ab401439f850c78be2cf34e5","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cb3ea82c81b28f23ee41fa4cf243949a2e4ffe2ee3962c59280e5aa157d1aa3d","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:be4342e0d76034da7443c91ccfeae177a96f16c704856c20f4f54a32da288eb0","downloaded_from":"2026-09-10T00:02:05.575Z","last_downloaded_at":"2026-09-10T00:02:05.575Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482640","source_sha256":"06af89083d7f063475bcb161a31226bd3f2ea8017c6bed7c231b9ac560872ae9"}},{"number":"65","label":"65 Transition and Open Effective Date Information","anchor":"65-transition-and-open-effective-date-information","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-30-65-1","para":"65-1","html":"
Paragraph superseded on 07/01/2010 after the end of the transition period stated in FASB Staff Position FAS 142-3, Determination of the Useful Life of Intangible Assets.
","snippet":"Paragraph superseded on 07/01/2010 after the end of the transition period stated in FASB Staff Position FAS 142-3, Determination of the Useful Life of Intangible Assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:165776eb7ad1f2c6a0080717669d05cd14eb3704977fd42e92ab8cb5b1b03572","downloaded_from":"2026-09-10T00:02:08.646Z","last_downloaded_at":"2026-09-10T00:02:08.646Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482614","source_sha256":"a1d968c156f32cf373953effd060db9bb84c1d029f406042ad9b2f51c518fe0e"}},{"citation":"350-30-65-2","para":"65-2","html":"
Paragraph superseded on 07/01/2010 after the end of the transition period stated in EITF Issue No. 08-7, Accounting for Defensive Intangible Assets.
","snippet":"Paragraph superseded on 07/01/2010 after the end of the transition period stated in EITF Issue No. 08-7, Accounting for Defensive Intangible Assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3c03fab3b076aba3f87b7be7129eb9f876b44c1249c730f1fd3faec9339410bc","downloaded_from":"2026-09-10T00:02:08.646Z","last_downloaded_at":"2026-09-10T00:02:08.646Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482614","source_sha256":"a1d968c156f32cf373953effd060db9bb84c1d029f406042ad9b2f51c518fe0e"}},{"citation":"350-30-65-3","para":"65-3","html":"
Paragraph superseded on 06/26/2015 after the end of the transition period stated in Accounting Standards Update No. 2012-02, Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impairment.
","snippet":"Paragraph superseded on 06/26/2015 after the end of the transition period stated in Accounting Standards Update No. 2012-02, Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-Lived Intangible Assets for Impa…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4208b4a88cc4a395c0175a929423528f21783356c93c07681199d40bf5065879","downloaded_from":"2026-09-10T00:02:08.646Z","last_downloaded_at":"2026-09-10T00:02:08.646Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482614","source_sha256":"a1d968c156f32cf373953effd060db9bb84c1d029f406042ad9b2f51c518fe0e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d936b1cf5c4ae7f5f41832b6531666de085cade06460f926d13a8654a50a821b","downloaded_from":"2026-09-10T00:02:08.646Z","last_downloaded_at":"2026-09-10T00:02:08.646Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482614","source_sha256":"a1d968c156f32cf373953effd060db9bb84c1d029f406042ad9b2f51c518fe0e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d3842cd19ed1333cabf15895c99b2e4de3853904fbd609b23e8989b545b3cb3f","downloaded_from":"2026-09-10T00:02:08.646Z","last_downloaded_at":"2026-09-10T00:02:08.646Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482614","source_sha256":"a1d968c156f32cf373953effd060db9bb84c1d029f406042ad9b2f51c518fe0e"}}],"enrichment":{"summary":"ASC 350-30 governs the accounting for intangible assets other than goodwill — their recognition when acquired individually or in an asset group, the expensing of internally developed intangibles that are not specifically identifiable, and, for all intangibles (including those from a business combination), their subsequent measurement, impairment, presentation, and disclosure. The core rule is that accounting after acquisition turns on useful life: finite-lived intangibles are amortized over their useful life (residual value presumed zero) and tested for impairment under Subtopic 360-10, while indefinite-lived intangibles are not amortized and are tested for impairment at least annually by comparing fair value with carrying amount.","key_points":["An intangible asset acquired individually or with a group of other assets shall be recognized, with the group's cost allocated to individual assets on relative fair values and no goodwill recognized (350-30-25-1; 350-30-25-2); such assets may be recognized even if they fail the contractual-legal and separability criteria (350-30-25-4).","Costs of internally developing, maintaining, or restoring intangibles that are not specifically identifiable, have indeterminate lives, or are inherent in a continuing business and related to the entity as a whole are expensed as incurred (350-30-25-3).","Useful life is the period over which the asset is expected to contribute directly or indirectly to the entity's future cash flows, estimated using the pertinent factors in 350-30-35-3 (expected use, related asset lives, legal/contractual limits, renewal experience, obsolescence and competition, maintenance level), with no factor presumptive.","A finite-lived intangible is amortized in the pattern in which its economic benefits are consumed (straight-line if that pattern is not reliably determinable), over the amount assigned less residual value, which is presumed zero unless a condition in 350-30-35-8(a)-(b) is met (350-30-35-6; 350-30-35-8).","Useful life is indefinite when no legal, regulatory, contractual, competitive, economic, or other factors limit it; such assets are not amortized (350-30-35-4; 350-30-35-15), but life must be reassessed each reporting period, with a change tested for impairment and applied prospectively as a change in estimate (350-30-35-9 through 35-13; 350-30-35-16 through 35-17; 350-30-45-3).","Indefinite-lived intangibles are tested annually and more frequently upon triggering events, using an optional qualitative 'more likely than not' assessment that may be bypassed; the quantitative test compares fair value with carrying amount, and reversal of a recognized impairment loss is prohibited (350-30-35-18 through 35-20).","Separately recorded indefinite-lived intangibles operated as a single asset and essentially inseparable are combined into one unit of accounting for impairment testing under the indicators in 350-30-35-23 and 35-24; that unit cannot include goodwill or finite-lived assets or constitute a business (350-30-35-21; 350-30-35-26)."],"categories":["Intangibles and goodwill","Impairment","Subsequent measurement","Disclosure"],"audience_level":"intermediate","student_note":"Exams love the finite/indefinite split: indefinite-lived intangibles get a one-step fair-value-versus-carrying-amount test (no recoverability step), while finite-lived ones go through the long-lived-asset test in 360-10. A common misunderstanding is that \"indefinite\" means \"infinite\" — it only means no foreseeable limit, and the classification must be revisited every period, with any change treated prospectively as a change in estimate, never as a change in accounting principle.","related_topics":["350-10","360-10","805-20","805-50","730-10","350-40"],"key_concepts":["indefinite-lived intangible asset","finite useful life amortization","residual value","qualitative impairment assessment","unit of accounting","defensive intangible asset","in-process research and development","internally developed 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established by retrieval timestamps"}},{"number":"350-20","title":"Goodwill","topic_title":"Intangibles—Goodwill and Other","score":0.798,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:219666a8b16f2cf67cd5cea9f814f4d5da3a0a91ee6661bd40c219ceff4532ea","downloaded_from":"2026-09-10T00:00:39.885Z","last_downloaded_at":"2026-09-10T00:01:29.561Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"805-20","title":"Identifiable Assets and Liabilities, and Any Noncontrolling Interest","topic_title":"Business 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