{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/350/","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","title":"Intangibles—Goodwill and Other","area":"Assets","group":null,"subtopics":[{"number":"350-10","topic":"350","title":"Overall","area":"Assets","paragraphs":23,"summary":"ASC 350-10 is the Overall subtopic that sets the scope and structure for the Intangibles—Goodwill and Other Topic. It governs the subsequent measurement, presentation, and disclosure of goodwill and other intangible assets (through Subtopics 350-20, 350-30, 350-40, 350-50, and 350-60), but expressly excludes accounting at acquisition for goodwill and intangibles acquired in a business combination, an NFP acquisition, or recognized by a joint venture upon formation. It also directs that derecognition of nonfinancial assets within the Topic follow Subtopic 610-20 or Topic 606, as applicable.","concepts":["goodwill","intangible assets","subsequent measurement","scope exceptions","derecognition of nonfinancial assets","in substance nonfinancial asset","internal-use software","crypto assets"],"categories":["Intangibles and goodwill","Derecognition","Subsequent measurement","Business combinations"],"level":"introductory","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":"350-10-00-1","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
Conduit Debt SecurityAddedMaintenance Update 2014-20 (PDF)09/29/2014
ContractAddedAccounting Standards Update No. 2014-0905/28/2014
Corporate Joint VentureAddedAccounting Standards Update No. 2023-0508/23/2023
CustomerAddedAccounting Standards Update No. 2014-0905/28/2014
Environmental CreditAddedAccounting Standards Update No. 2026-0205/19/2026
Environmental Credit ObligationAddedAccounting Standards Update No. 2026-0205/19/2026
ExchangeAddedAccounting Standards Update No. 2026-0205/19/2026
Financial AssetAddedAccounting Standards Update No. 2026-0205/19/2026
GoodwillAmendedAccounting Standards Update No. 2023-0508/23/2023
GoodwillAmendedAccounting Standards Update No. 2010-0701/28/2010
Hosting ArrangementAddedAccounting Standards Update No. 2018-1508/29/2018
Income TaxesAddedAccounting Standards Update No. 2026-0205/19/2026
Joint VentureAddedAccounting Standards Update No. 2023-0508/23/2023
Nonprofit ActivityAddedAccounting Standards Update No. 2014-0905/28/2014
Nonpublic Entity (Def. 1)AmendedMaintenance Update 2014-20 (PDF)09/29/2014
Nonpublic Entity (Def. 3)AmendedMaintenance Update 2014-20 (PDF)09/29/2014
Nonpublic EntityAddedAccounting Standards Update No. 2010-2812/17/2010
Nonreciprocal Transfer (1st def.)AddedAccounting Standards Update No. 2026-0205/19/2026
Public EntityAmendedMaintenance Update 2014-20 (PDF)09/29/2014
Public EntityAddedAccounting Standards Update No. 2010-2812/17/2010
Variable Interest EntitySupersededAccounting Standards Update No. 2025-0305/12/2025
350-10-05-1AmendedAccounting Standards Update No. 2023-0508/23/2023
350-10-05-1AmendedAccounting Standards Update No. 2017-0401/26/2017
350-10-05-1AmendedAccounting Standards Update No. 2010-0701/28/2010
350-10-05-2SupersededAccounting Standards Update No. 2017-0401/26/2017
350-10-05-3AmendedAccounting Standards Update No. 2023-0812/13/2023
350-10-05-3AmendedAccounting Standards Update No. 2023-0508/23/2023
350-10-05-3AmendedAccounting Standards Update No. 2018-1508/29/2018
350-10-05-3AmendedAccounting Standards Update No. 2017-0401/26/2017
350-10-05-3AAmendedAccounting Standards Update No. 2023-0508/23/2023
350-10-05-3AAddedAccounting Standards Update No. 2017-0401/26/2017
350-10-05-4 through 05-7
SupersededAccounting Standards Update No. 2017-0401/26/2017
350-10-05-5AmendedAccounting Standards Update No. 2010-0701/28/2010
350-10-15-3AmendedAccounting Standards Update No. 2026-0205/19/2026
350-10-15-3AmendedAccounting Standards Update No. 2023-0508/23/2023
350-10-15-3AmendedAccounting Standards Update No. 2010-0701/28/2010
350-10-40-1AmendedAccounting Standards Update No. 2017-0502/22/2017
350-10-40-1 through 40-4
AddedAccounting Standards Update No. 2014-0905/28/2014
350-10-40-2AmendedAccounting Standards Update No. 2017-0502/22/2017
350-10-40-3AmendedAccounting Standards Update No. 2023-0812/13/2023
350-10-60-1AddedAccounting Standards Update No. 2014-0905/28/2014
350-10-65-1AddedAccounting Standards Update No. 2010-0701/28/2010
350-10-65-2AddedAccounting Standards Update No. 2010-2812/17/2010
","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:be132afabadcbf23638f3a12dba28f390fb405d791ccff40560492f7be92be79","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:08.118Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482537","source_sha256":"54d1fbcb6056d633a39299cdff766822a6f85b8f262a80dd1965b09ecb96c307"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:50ee08018a078e8f9b5c40b20b2f6ab6a507adadd3a427826f9fbe1df3b2ab12","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:08.118Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482537","source_sha256":"54d1fbcb6056d633a39299cdff766822a6f85b8f262a80dd1965b09ecb96c307"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d8d2fba3db1e3e28a07f6889700849eb8eab0e7db767167257534d6dcc66ebd6","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:08.118Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482537","source_sha256":"54d1fbcb6056d633a39299cdff766822a6f85b8f262a80dd1965b09ecb96c307"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-10-05-1","para":"05-1","html":"
The Intangibles—Goodwill and Other Topic provides guidance on financial accounting and reporting related to goodwill and other intangible assets, including the subsequent measurement of goodwill and intangible assets. It does not include guidance on the accounting at acquisition for goodwill and intangible assets acquired in a business combination or in an acquisition by a not-for-profit entity. It also does not include guidance on the accounting upon formation for goodwill and intangible assets recognized by a joint venture.
  1. a
    Subparagraph superseded by Accounting Standards Update No. 2017-04.
  2. b
    Subparagraph superseded by Accounting Standards Update No. 2017-04.
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2017-04.
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This Topic includes the following Subtopics:
  1. a
    Overall.
  2. b
    Goodwill—Subtopic 350-20 provides guidance on the measurement of goodwill after acquisition, derecognition of some or all of goodwill allocated to a reporting unit, other presentation matters, and disclosures.
  3. c
    General Intangibles Other Than Goodwill—Subtopic 350-30 provides guidance on the initial recognition and measurement of intangible assets other than goodwill that are either:
    1. 1
      Acquired individually or with a group of assets in a transaction that is not a business combination, an acquisition by a not-for-profit entity, or a joint venture formation
    2. 2
      Internally generated.
  4. d
    Internal-Use Software—Subtopic 350-40 provides guidance on the accounting for the cost of computer software that is developed or obtained for internal use and hosting arrangements obtained for internal use.
  5. e
    Website Development Costs—Subtopic 350-50 provides guidance on whether to capitalize or expense costs incurred to develop a website.
  6. f
    Crypto Assets—Subtopic 350-60 provides guidance on the subsequent measurement, presentation, and disclosure of crypto assets.
","snippet":"This Topic includes the following Subtopics:\n(a) Overall.\n(b) Goodwill—Subtopic 350-20 provides guidance on the measurement of goodwill after acquisition, derecognition of some or all of goodwill allocated to a reporting…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:236d47db4486c9a5efb6acd0633263a2563c2894fdd009751db5954e26edc147","downloaded_from":"2026-09-10T00:00:10.802Z","last_downloaded_at":"2026-09-10T00:00:10.802Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482714","source_sha256":"c6f6488773866df1459cda034e8cf113096372e10477179487e8de483a5e1274"}},{"citation":"350-10-05-3A","para":"05-3A","html":"
Guidance for the financial accounting and reporting at acquisition of goodwill and other 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 is provided in the following Subtopics:
  1. a
    Subtopic 805-20 provides acquisition guidance for intangible assets acquired in a business combination or in an acquisition by a not-for-profit entity.
  2. b
    Subtopic 805-30 provides guidance on recognition and initial measurement of goodwill acquired in a business combination.
  3. c
    Subtopic 958-805 provides guidance on recognition and initial measurement of goodwill acquired in an acquisition by a not-for-profit entity.
  4. d
    Subtopic 805-60 provides guidance for a joint venture upon formation on recognition and initial measurement of goodwill and other intangible assets.
","snippet":"Guidance for the financial accounting and reporting at acquisition of goodwill and other intangible assets acquired in a business combination, acquired in an acquisition by a not-for-profit entity, or recognized by a joi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7b016ba6c13d37869d1c73d0922cefa807250df5ae97d28d39531c92271bd8b1","downloaded_from":"2026-09-10T00:00:10.802Z","last_downloaded_at":"2026-09-10T00:00:10.802Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482714","source_sha256":"c6f6488773866df1459cda034e8cf113096372e10477179487e8de483a5e1274"}},{"citation":"350-10-05-4","para":"05-4","html":"
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The Scope Section of the Overall Subtopic establishes the pervasive scope for all Subtopics of the Intangibles—Goodwill and Other Topic. Unless explicitly addressed within specific Subtopics, the following scope guidance applies to all Subtopics of the Intangibles—Goodwill and Other Topic.
","snippet":"The Scope Section of the Overall Subtopic establishes the pervasive scope for all Subtopics of the Intangibles—Goodwill and Other Topic. Unless explicitly addressed within specific Subtopics, the following scope guidance…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c9d36f4b54372c207f65ea04982418c0311d932675e3382b8b74873f1313b6f9","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2e2f71647bfbd27ff291d69c3c758a83a3ec1ac393ceedf49dc78ec6cacb893f","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}},{"block":null,"heading":"Entities","paragraphs":[{"citation":"350-10-15-2","para":"15-2","html":"
The guidance in the Intangibles—Goodwill and Other Topic applies to all entities, including business entities, mutual entities, and not-for-profit entities (NFPs).
","snippet":"The guidance in the Intangibles—Goodwill and Other Topic applies to all entities, including business entities, mutual entities, and not-for-profit entities (NFPs).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9eac204beeb8543232baefd80bb00b2b4c582132baf8027defb555390ba8d344","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e63abf6c36562c6034d043f2fd7e6b89941b0433e68341799c755442162c9177","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"350-10-15-3","para":"15-3","html":"
The guidance in the Intangibles—Goodwill and Other Topic does not apply to the following transactions and activities:
  1. a
    The accounting at acquisition for goodwill acquired in a business combination (for guidance see Subtopic 805-30)
  2. b
    Subparagraph not used.
  3. c
    The accounting at acquisition for goodwill acquired in an acquisition by a not-for-profit entity (for guidance see Subtopic 958-805)
  4. d
    The accounting at acquisition for intangible assets (other than goodwill) acquired in a business combination or in an acquisition by a not-for-profit entity (for guidance see Subtopics 805-20 and 958-805)
  5. e
    The accounting upon formation for intangible assets and goodwill recognized by a joint venture (for guidance see Subtopic 805-60).
Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:
818-10-65-1The guidance in the Intangibles—Goodwill and Other Topic does not apply to the following transactions and activities:
  1. a
    The accounting at acquisition for goodwill acquired in a business combination (for guidance see Subtopic 805-30)
  2. b
    Subparagraph not used.
  3. c
    The accounting at acquisition for goodwill acquired in an acquisition by a not-for-profit entity (for guidance see Subtopic 958-805)
  4. d
    The accounting at acquisition for intangible assets (other than goodwill) acquired in a business combination or in an acquisition by a not-for-profit entity (for guidance see Subtopics 805-20 and 958-805)
  5. e
    The accounting upon formation for intangible assets and goodwill recognized by a joint venture (for guidance see Subtopic 805-60)
  6. f
    The accounting for environmental credits (for guidance see Subtopic 818-20).
","snippet":"The guidance in the Intangibles—Goodwill and Other Topic does not apply to the following transactions and activities:\n(a) The accounting at acquisition for goodwill acquired in a business combination (for guidance see Su…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:32721ac5ed697b5edfe59a957ba9eb6bf7d6a83f02c9630c35bb2816bdc9c338","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:807037225410c51ceebd70502dd480705a8c52fa5ac66da9bbe0c11313de0373","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}},{"block":null,"heading":"Other Considerations","paragraphs":[{"citation":"350-10-15-4","para":"15-4","html":"
The guidance in the Intangibles—Goodwill and Other Topic does not change the accounting prescribed in the following locations in the Codification:
  1. a
    Research and development costs under Subtopic 730-10
  2. b
    Extractive activities under Topic 932
  3. c
    Entertainment and media, including records and music under Topic 928
  4. d
    Financial services industry under Topic 950
  5. e
    Entertainment and media, including broadcasters under Topic 920
  6. f
    Regulatory operations under paragraphs
    980-350-35-1 through 35-2
  7. g
    Subparagraph not used.
  8. h
    Software under Topic 985
  9. i
    Income taxes under Topic 740
  10. j
    Transfers and servicing under Topic 860.
  11. k
    Subparagraph not used.
","snippet":"The guidance in the Intangibles—Goodwill and Other Topic does not change the accounting prescribed in the following locations in the Codification:\n(a) Research and development costs under Subtopic 730-10\n(b) Extractive a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5235715c9157c1b1b613291007ad726fddd97b7db57dbf4e22b8365666b633fc","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bb3abea88ebeda912cff84f9fe4f4876468aee019d337bd852ad15c2851b756c","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f1f6e4b5e7bd0aebb9cf7f0a0f4334887ff1f1ce310b09784b51462193506b89","downloaded_from":"2026-09-10T00:00:14.438Z","last_downloaded_at":"2026-09-10T00:00:14.438Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482687","source_sha256":"5c919746167141647d3a5c175c78e7dea635f5ca113290c35ce9aa17015151c7"}},{"number":"40","label":"40 Derecognition","anchor":"40-derecognition","is_sec":false,"groups":[{"block":null,"heading":"Transfer or Sale of Intangible Assets","paragraphs":[{"citation":"350-10-40-1","para":"40-1","html":"
An entity shall account for the derecognition of a nonfinancial asset, including an in substance nonfinancial asset, within the scope of this Topic in accordance with Subtopic 610-20 on gains and losses from the derecognition of nonfinancial assets, unless a scope exception from Subtopic 610-20 applies. For example, the derecognition of a nonfinancial asset in a contract with a customer shall be accounted for in accordance with Topic 606 on revenue from contracts with customers.
","snippet":"An entity shall account for the derecognition of a nonfinancial asset, including an in substance nonfinancial asset, within the scope of this Topic in accordance with Subtopic 610-20 on gains and losses from the derecogn…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d9b486d623273879e19a900a2d64357e565d928c080d0d6d9fc75231908a56b8","downloaded_from":"2026-09-10T00:00:20.799Z","last_downloaded_at":"2026-09-10T00:00:20.799Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482636","source_sha256":"08d0b72791169c9942e3c4c04761d9ebdc8ecd7dff1ef299b100465be59a4776"}},{"citation":"350-10-40-2","para":"40-2","html":"
An entity shall account for the derecognition of a subsidiary or a group of assets that is either a business or nonprofit activity in accordance with the derecognition guidance in Subtopic 810-10.
","snippet":"An entity shall account for the derecognition of a subsidiary or a group of assets that is either a business or nonprofit activity in accordance with the derecognition guidance in Subtopic 810-10.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1381ef3234814c5e9ac7e24ae2267383a465d34954fb5eb9c81c9f2a5958d518","downloaded_from":"2026-09-10T00:00:20.799Z","last_downloaded_at":"2026-09-10T00:00:20.799Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482636","source_sha256":"08d0b72791169c9942e3c4c04761d9ebdc8ecd7dff1ef299b100465be59a4776"}},{"citation":"350-10-40-3","para":"40-3","html":"
If an entity transfers a nonfinancial asset in accordance with paragraph 350-10-40-1, and the contract does not meet all of the criteria in paragraph 606-10-25-1, the entity shall not derecognize the nonfinancial asset and shall follow the guidance in paragraphs
606-10-25-6 through 25-8
to determine if and when the contract subsequently meets all of the criteria in paragraph 606-10-25-1. Until all of the criteria in paragraph 606-10-25-1 are met, the entity shall continue to do any of the following, as applicable:
  1. a
    Report the nonfinancial asset in its financial statements
  2. b
    Recognize amortization expense as a period cost for those assets with a finite life
  3. c
    Apply the impairment guidance in Section 350-30-35
  4. d
    For crypto assets accounted for in accordance with Subtopic 350-60, recognize gains and losses from remeasurement.
","snippet":"If an entity transfers a nonfinancial asset in accordance with paragraph 350-10-40-1, and the contract does not meet all of the criteria in paragraph 606-10-25-1, the entity shall not derecognize the nonfinancial asset a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9051801ae617ca84462f4f30a225aaf35b780f02a9f24577acf0cecd641528fc","downloaded_from":"2026-09-10T00:00:20.799Z","last_downloaded_at":"2026-09-10T00:00:20.799Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482636","source_sha256":"08d0b72791169c9942e3c4c04761d9ebdc8ecd7dff1ef299b100465be59a4776"}},{"citation":"350-10-40-4","para":"40-4","html":"
Additionally, see the derecognition guidance in Section 350-20-40 regarding the disposal of all or a portion of a reporting unit.
","snippet":"Additionally, see the derecognition guidance in Section 350-20-40 regarding the disposal of all or a portion of a reporting unit.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b32677b5f39fba8b0e3fc96f7d30ebc167fec0afdb619d80e296cab78e454577","downloaded_from":"2026-09-10T00:00:20.799Z","last_downloaded_at":"2026-09-10T00:00:20.799Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482636","source_sha256":"08d0b72791169c9942e3c4c04761d9ebdc8ecd7dff1ef299b100465be59a4776"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f8b05c0a40d484d3b8aecc3ec169bff393f7a9ebea4749a53e284eff80143f6e","downloaded_from":"2026-09-10T00:00:20.799Z","last_downloaded_at":"2026-09-10T00:00:20.799Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482636","source_sha256":"08d0b72791169c9942e3c4c04761d9ebdc8ecd7dff1ef299b100465be59a4776"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1c30d18b4a81f6a3698bdbb6c84396e249c67b1e5b9b06f4395a98fc381642a4","downloaded_from":"2026-09-10T00:00:20.799Z","last_downloaded_at":"2026-09-10T00:00:20.799Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482636","source_sha256":"08d0b72791169c9942e3c4c04761d9ebdc8ecd7dff1ef299b100465be59a4776"}},{"number":"60","label":"60 Relationships","anchor":"60-relationships","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-10-60-1","para":"60-1","html":"
For guidance on recognizing an impairment loss on barter credits, see paragraph 845-10-30-19.
","snippet":"For guidance on recognizing an impairment loss on barter credits, see paragraph 845-10-30-19.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:76e6f3b47b534d3c861eb3fad3aab7a8c9099222d8da00846cede199a266f696","downloaded_from":"2026-09-10T00:00:23.747Z","last_downloaded_at":"2026-09-10T00:00:23.747Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482613","source_sha256":"d2e4a677a39accd54b2a80239e7a008b7a6c86a771441a83dd960ed24869fb45"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bca3fadd4659e95e9c933c02b92d85e249fe83128599d31698bb5b3e4a442085","downloaded_from":"2026-09-10T00:00:23.747Z","last_downloaded_at":"2026-09-10T00:00:23.747Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482613","source_sha256":"d2e4a677a39accd54b2a80239e7a008b7a6c86a771441a83dd960ed24869fb45"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b349ac30aea922f722c09c252b4b6799c2eea60ff58004cc645bbf1a9356806f","downloaded_from":"2026-09-10T00:00:23.747Z","last_downloaded_at":"2026-09-10T00:00:23.747Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482613","source_sha256":"d2e4a677a39accd54b2a80239e7a008b7a6c86a771441a83dd960ed24869fb45"}},{"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":"350-10-65-1","para":"65-1","html":"
Paragraph superseded on 06/20/2011 after the end of the transition period stated in FASB Statement No. 164, Not-for-Profit Entities: Mergers and Acquisitions.
","snippet":"Paragraph superseded on 06/20/2011 after the end of the transition period stated in FASB Statement No. 164, Not-for-Profit Entities: Mergers and Acquisitions.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8418c88172f40528f58c480110166e62bb554515f35a5d6024618305b18faecb","downloaded_from":"2026-09-10T00:00:26.416Z","last_downloaded_at":"2026-09-10T00:00:26.416Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482588","source_sha256":"dfef6451f98a5166c2d9fad8c75e940d495fd72b73cbcb46f2c3598ba60ec479"}},{"citation":"350-10-65-2","para":"65-2","html":"
Paragraph superseded on 06/17/2013 after the end of the transition period stated in Accounting Standards Update No. 2010-28, Intangibles—Goodwill and Other (Topic 350): When to Perform Step 2 of the Goodwill Impairment Test for Reporting Units with Zero or Negative Carrying Amounts.
","snippet":"Paragraph superseded on 06/17/2013 after the end of the transition period stated in Accounting Standards Update No. 2010-28, Intangibles—Goodwill and Other (Topic 350): When to Perform Step 2 of the Goodwill Impairment T…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f327ec3ecd640ad9b2e780551940e26006d0abe6629d09e9fbb6266f419fe5f2","downloaded_from":"2026-09-10T00:00:26.416Z","last_downloaded_at":"2026-09-10T00:00:26.416Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482588","source_sha256":"dfef6451f98a5166c2d9fad8c75e940d495fd72b73cbcb46f2c3598ba60ec479"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3394df8555e1dffdde3364623d7726b7cb4da989f1340ce8e1637a1c57b42a8f","downloaded_from":"2026-09-10T00:00:26.416Z","last_downloaded_at":"2026-09-10T00:00:26.416Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482588","source_sha256":"dfef6451f98a5166c2d9fad8c75e940d495fd72b73cbcb46f2c3598ba60ec479"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1e6255c5f00b463432465def9f866beab7f4975a7016d7ce93a2be504fc6f60b","downloaded_from":"2026-09-10T00:00:26.416Z","last_downloaded_at":"2026-09-10T00:00:26.416Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482588","source_sha256":"dfef6451f98a5166c2d9fad8c75e940d495fd72b73cbcb46f2c3598ba60ec479"}},{"number":"S00","label":"SEC 00 Status","anchor":"sec-00-status","is_sec":true,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-10-S00-1","para":"S00-1","html":"
No updates have been made to this subtopic.
","snippet":"No updates have been made to this subtopic.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9f1b17f8a35a04d975ac490af7e7cbb47764fcb1fa189613ac0eede10784267","downloaded_from":"2026-09-10T00:00:30.526Z","last_downloaded_at":"2026-09-10T00:00:30.526Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480308","source_sha256":"4cef17066b94237378d1d137202ef5dbcedba19df1069e7e34487fcb87a59a73"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:98d25d5cf454acd2d108944cc156535adbb1b48dcf1bb23823ad045ac6381b6d","downloaded_from":"2026-09-10T00:00:30.526Z","last_downloaded_at":"2026-09-10T00:00:30.526Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480308","source_sha256":"4cef17066b94237378d1d137202ef5dbcedba19df1069e7e34487fcb87a59a73"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:29e42a0e0c9da3efe0605f1ed5f332b668f4b70bc33fdb83a336cb054c598776","downloaded_from":"2026-09-10T00:00:30.526Z","last_downloaded_at":"2026-09-10T00:00:30.526Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480308","source_sha256":"4cef17066b94237378d1d137202ef5dbcedba19df1069e7e34487fcb87a59a73"}},{"number":"S35","label":"SEC 35 Subsequent Measurement","anchor":"sec-35-subsequent-measurement","is_sec":true,"groups":[{"block":null,"heading":"Recognition and Measurement of an Impairment Loss","paragraphs":[{"citation":"350-10-S35-1","para":"S35-1","html":"
See paragraph 805-20-S99-3, SEC Staff Announcement: Use of Residual Method to Value Acquired Assets Other Than Goodwill, for SEC Staff views on the impairment testing of intangible assets.
","snippet":"See paragraph 805-20-S99-3, SEC Staff Announcement: Use of Residual Method to Value Acquired Assets Other Than Goodwill, for SEC Staff views on the impairment testing of intangible assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a60056fcecf122acf1085c9ab97a2689b791173760bc0704e79e12d9ce8aaa99","downloaded_from":"2026-09-10T00:00:32.289Z","last_downloaded_at":"2026-09-10T00:00:32.289Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480278","source_sha256":"9a61da96e1a5036baf71feebf5b9506293f19168d0e738fd1e60796c7b14ff14"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4120df086e9f63511a56be5c39d16027899642fac7e2c1665d636720082b7f9e","downloaded_from":"2026-09-10T00:00:32.289Z","last_downloaded_at":"2026-09-10T00:00:32.289Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480278","source_sha256":"9a61da96e1a5036baf71feebf5b9506293f19168d0e738fd1e60796c7b14ff14"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0bcee4a3d5c249eb1892f4cb8e39c2d3631fbebaa5d79a0cd6c76912e24d6e18","downloaded_from":"2026-09-10T00:00:32.289Z","last_downloaded_at":"2026-09-10T00:00:32.289Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480278","source_sha256":"9a61da96e1a5036baf71feebf5b9506293f19168d0e738fd1e60796c7b14ff14"}},{"number":"S45","label":"SEC 45 Other Presentation Matters","anchor":"sec-45-other-presentation-matters","is_sec":true,"groups":[{"block":null,"heading":"Presentation of Intangible Assets","paragraphs":[{"citation":"350-10-S45-1","para":"S45-1","html":"
See paragraph 210-10-S99-1, Regulation S-X Rule 5-02, for presentation requirements for intangible assets.
","snippet":"See paragraph 210-10-S99-1, Regulation S-X Rule 5-02, for presentation requirements for intangible assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9c5354a47d565d4fa1547bf4bcb3229571ec7370a621e3149e72cd15809fc554","downloaded_from":"2026-09-10T00:00:36.319Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480265","source_sha256":"512463265dc7ca9cdaf7b6f7fdc6165136cad29e3dabe6337a9f0f71fe862ea7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:05643f948c706a5cbd27d4ea6fb0c01498ad3378f1241c7dd8cd507f96b16e01","downloaded_from":"2026-09-10T00:00:36.319Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480265","source_sha256":"512463265dc7ca9cdaf7b6f7fdc6165136cad29e3dabe6337a9f0f71fe862ea7"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6677fa38a903a26d5d08620ab41309473b4cf7762cf91580032e41fc797b6f7e","downloaded_from":"2026-09-10T00:00:36.319Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480265","source_sha256":"512463265dc7ca9cdaf7b6f7fdc6165136cad29e3dabe6337a9f0f71fe862ea7"}}],"enrichment":{"summary":"ASC 350-10 is the Overall subtopic that sets the scope and structure for the Intangibles—Goodwill and Other Topic. It governs the subsequent measurement, presentation, and disclosure of goodwill and other intangible assets (through Subtopics 350-20, 350-30, 350-40, 350-50, and 350-60), but expressly excludes accounting at acquisition for goodwill and intangibles acquired in a business combination, an NFP acquisition, or recognized by a joint venture upon formation. It also directs that derecognition of nonfinancial assets within the Topic follow Subtopic 610-20 or Topic 606, as applicable.","key_points":["Topic 350 provides guidance on accounting and reporting for goodwill and other intangible assets, including their subsequent measurement, but not the accounting at acquisition in a business combination, NFP acquisition, or joint venture formation (350-10-05-1).","Topic 350 comprises Overall (350-10), Goodwill (350-20), General Intangibles Other Than Goodwill (350-30), Internal-Use Software (350-40), Website Development Costs (350-50), and Crypto Assets (350-60) (350-10-05-3).","Acquisition-date guidance instead resides in Subtopic 805-20 (intangibles), 805-30 (goodwill), 958-805 (NFP acquisitions), and 805-60 (joint venture formation) (350-10-05-3A; 350-10-15-3).","The Topic applies to all entities—business entities, mutual entities, and not-for-profit entities (350-10-15-2).","Topic 350 does not change accounting prescribed elsewhere, including research and development costs (730-10), extractive activities (932), broadcasters and records and music (920, 928), financial services (950), regulated operations (980-350-35-1 through 35-2), software (985), income taxes (740), and transfers and servicing (860) (350-10-15-4).","Derecognition of a nonfinancial asset (including an in substance nonfinancial asset) within the Topic follows Subtopic 610-20 unless a scope exception applies; a derecognition in a contract with a customer follows Topic 606 (350-10-40-1), and derecognition of a subsidiary or a group of assets that is a business or nonprofit activity follows Subtopic 810-10 (350-10-40-2).","If a transfer contract does not meet all criteria in 606-10-25-1, the entity does not derecognize the asset and must continue to report it, amortize finite-lived assets, apply Section 350-30-35 impairment guidance, and remeasure crypto assets under 350-60 until the criteria are met (350-10-40-3)."],"categories":["Intangibles and goodwill","Derecognition","Subsequent measurement","Business combinations"],"audience_level":"introductory","student_note":"Know the dividing line: Topic 805 handles goodwill and intangibles at acquisition, while Topic 350 takes over afterward for amortization, impairment, and disclosure. A common mistake is looking to 350 for initial recognition of intangibles acquired in a business combination, or forgetting that asset sales are routed to 610-20/606 rather than to 350 itself.","related_topics":["350-20","350-30","350-40","350-60","805-20","610-20"],"key_concepts":["goodwill","intangible assets","subsequent measurement","scope exceptions","derecognition of nonfinancial assets","in substance nonfinancial asset","internal-use software","crypto assets"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:002e736cd5e2955bbe40ef7d68e96ea60c6801c6c6e12513ece38abf66bb7e20","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"350-20","title":"Goodwill","topic_title":"Intangibles—Goodwill and Other","score":0.8253,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:65a214668f854385eb6c298447e751abf2d0d1e8db467d71a30c5cb6b74dd4a4","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":"350-30","title":"General Intangibles Other Than Goodwill","topic_title":"Intangibles—Goodwill and Other","score":0.8211,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:78b8bf835c7c73aaff255911fb66b1d0f517fef69ac4e7b8a1222297f8f9e70a","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:02:11.627Z","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 Combinations","score":0.8194,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6ed310f2de88afb75bb678ddfcf7fbf09b961b500691d3122579d527a325d1bc","downloaded_from":"2026-09-10T01:23:05.700Z","last_downloaded_at":"2026-09-10T01:23:57.518Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"805-50","title":"Related Issues","topic_title":"Business Combinations","score":0.7808,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:46353d5934c97bae2f311b9060a2a3276349bd8aef3db53a644bb71ee9b044e1","downloaded_from":"2026-09-10T01:24:51.500Z","last_downloaded_at":"2026-09-10T01:25:42.308Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not 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Entities","topic_title":"Investments—Other","score":0.7562,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:59452b7fc5bcc5dd9041b84d601e2ed0744c7fbb140c85efe71211dab4f27349","downloaded_from":"2026-09-09T23:47:13.039Z","last_downloaded_at":"2026-09-09T23:47:39.630Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"340-980","title":"Regulated Operations","topic_title":"Other Assets and Deferred Costs","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5ab8cf9585804a45076bd1685ca20a40093c347e7c673d886771985fd7344b25","downloaded_from":"2026-09-09T23:59:39.238Z","last_downloaded_at":"2026-09-10T00:00:06.441Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"350-20","title":"Goodwill","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9e8c70ca9b00876d06ef10c28f958c603b2fb6cb9bb13df095e8a85fd26dc272","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"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:44c0f994bb8cde6a2f7ac25a88b127f33533f6d946354cf62724c2004c24b53d","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-20","topic":"350","title":"Goodwill","area":"Assets","paragraphs":178,"summary":"ASC 350-20 governs the accounting for goodwill after its initial recognition (initial recognition/measurement is in 805-30, 805-60, or 958-805) and prohibits capitalizing internally developed goodwill. Under the general model, goodwill is not amortized but is tested for impairment at least annually at the reporting unit level, with an optional qualitative \"more likely than not\" screen; if the quantitative test shows the reporting unit's carrying amount exceeds its fair value, a loss is recognized for that excess, capped at the goodwill allocated to the unit. Private companies and not-for-profit entities may elect accounting alternatives to amortize goodwill over 10 years or less and to test only upon a triggering event, and/or to evaluate triggering events only as of the end of each reporting period.","concepts":["goodwill","reporting unit","annual impairment test","qualitative assessment","more likely than not","goodwill amortization accounting alternative","triggering event evaluation","relative fair value allocation"],"categories":["Impairment","Intangibles and goodwill","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":"350-20-00-1","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
Joint VentureAddedAccounting Standards Update No. 2023-0508/23/2023
Nonprofit ActivityAddedAccounting Standards Update No. 2010-0701/28/2010
Not-for-Profit EntityAddedAccounting Standards Update No. 2014-0201/16/2014
Private CompanyAddedAccounting Standards Update No. 2014-0201/16/2014
Public Business EntityAmendedMaintenance Update 2017-06 (PDF)04/07/2017
Public Business EntityAmendedMaintenance Update 2016-11 (PDF)06/27/2016
Public Business EntityAddedAccounting Standards Update No. 2014-0201/16/2014
Securities and Exchange Commission (SEC) FilerAddedAccounting Standards Update No. 2017-0401/26/2017
Variable Interest EntitySupersededAccounting Standards Update No. 2025-0305/12/2025
350-20-05-1AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-05-2AmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-05-2AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-05-3SupersededAccounting Standards Update No. 2017-0401/26/2017
350-20-05-4AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-05-4 through 05-6
AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-05-4AAmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-05-4AAmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-05-4AAddedAccounting Standards Update No. 2017-0401/26/2017
350-20-05-4BAddedAccounting Standards Update No. 2017-0401/26/2017
350-20-05-5 through 05-6
AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-05-5AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-05-5AAddedAccounting Standards Update No. 2017-0401/26/2017
350-20-15-2AmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-15-2AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-15-2ASupersededAccounting Standards Update No. 2010-0701/28/2010
350-20-15-3AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-15-3A through 15-5
AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-15-3AAmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-15-3AAddedAccounting Standards Update No. 2016-0303/07/2016
350-20-15-4AmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-15-4AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-15-4AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-15-4AAddedAccounting Standards Update No. 2021-0303/30/2021
350-20-15-5AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-15-6AddedAccounting Standards Update No. 2021-0303/30/2021
350-20-25-1AmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-25-1AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-35-1 through 35-3
AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-3AmendedAccounting Standards Update No. 2011-0809/15/2011
350-20-35-3A through 35-3G
AddedAccounting Standards Update No. 2011-0809/15/2011
350-20-35-3BAmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-3D through 35-4
AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-6AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-6AmendedAccounting Standards Update No. 2010-2812/17/2010
350-20-35-7AmendedAccounting Standards Update No. 2010-2812/17/2010
350-20-35-8AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-8A through 35-11
SupersededAccounting Standards Update No. 2017-0401/26/2017
350-20-35-8AAmendedAccounting Standards Update No. 2011-0809/15/2011
350-20-35-8AAddedAccounting Standards Update No. 2010-2812/17/2010
350-20-35-8BAddedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-14 through 35-21
SupersededAccounting Standards Update No. 2017-0401/26/2017
350-20-35-14AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-35-25AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-25AmendedAccounting Standards Update No. 2012-0410/01/2012
350-20-35-26AmendedAccounting Standards Update No. 2012-0410/01/2012
350-20-35-29SupersededAccounting Standards Update No. 2011-0809/15/2011
350-20-35-30AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-30AmendedAccounting Standards Update No. 2011-0809/15/2011
350-20-35-30AmendedAccounting Standards Update No. 2010-2812/17/2010
350-20-35-34AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-35-39AAddedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-41AmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-35-45AmendedAccounting Standards Update No. 2012-0410/01/2012
350-20-35-48AmendedAccounting Standards Update No. 2011-0809/15/2011
350-20-35-51AmendedAccounting Standards Update No. 2012-0410/01/2012
350-20-35-52 through 35-57SupersededAccounting Standards Update No. 2012-0410/01/2012
350-20-35-57AmendedAccounting Standards Update No. 2011-0809/15/2011
350-20-35-57AAmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-57AAmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-35-60SupersededAccounting Standards Update No. 2014-0201/16/2014
350-20-35-62AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-35-62 through 35-82
AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-35-63AmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-35-63AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-35-63AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-35-65 through 35-67
AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-35-73AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-35-79AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-35-81AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-35-83 through 35-86
AddedAccounting Standards Update No. 2021-0303/30/2021
350-20-40-1 through 40-7
AddedAccounting Standards Update No. 2012-0410/01/2012
350-20-40-2 through 40-7
AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-40-7AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-40-8AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-40-8AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-40-9AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-40-9AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-45-3AmendedAccounting Standards Update No. 2016-1912/14/2016
350-20-45-4AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-45-4 through 45-7
AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-45-6AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-50-1AAddedAccounting Standards Update No. 2017-0401/26/2017
350-20-50-2AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-50-2AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-50-3AddedAccounting Standards Update No. 2011-0809/15/2011
350-20-50-3AAddedAccounting Standards Update No. 2021-0303/30/2021
350-20-50-3BAddedAccounting Standards Update No. 2021-0303/30/2021
350-20-50-4AmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-50-4AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-50-4AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-50-4 through 50-7
AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-50-6AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-50-7AmendedAccounting Standards Update No. 2023-0508/23/2023
350-20-50-7AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-55-3AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-55-7AmendedAccounting Standards Update No. 2010-0701/28/2010
350-20-55-10AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-55-12 through 55-17
AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-55-13AmendedAccounting Standards Update No. 2012-0410/01/2012
350-20-55-19 through 55-26
AmendedAccounting Standards Update No. 2017-0401/26/2017
350-20-55-20AmendedAccounting Standards Update No. 2012-0410/01/2012
350-20-55-23A through 55-23D
AddedAccounting Standards Update No. 2017-0401/26/2017
350-20-55-25AddedAccounting Standards Update No. 2011-0809/15/2011
350-20-55-26AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-55-26AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-55-27 through 55-29
AddedAccounting Standards Update No. 2021-0303/30/2021
350-20-65-1AddedAccounting Standards Update No. 2011-0809/15/2011
350-20-65-2AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-65-2AmendedAccounting Standards Update No. 2019-0605/30/2019
350-20-65-2AmendedAccounting Standards Update No. 2016-0303/07/2016
350-20-65-2AddedAccounting Standards Update No. 2014-0201/16/2014
350-20-65-3AmendedAccounting Standards Update No. 2021-0303/30/2021
350-20-65-3AmendedAccounting Standards Update No. 2019-1011/15/2019
350-20-65-3AmendedMaintenance Update 2017-04 (PDF)03/06/2017
350-20-65-3AddedAccounting Standards Update No. 2017-0401/26/2017
350-20-65-4AddedAccounting Standards Update No. 2021-0303/30/2021
","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:f65d5d587226b284197a9abb56a298b1d9006bd6605e77ed171733ef0c945994","downloaded_from":"2026-09-10T00:00:39.885Z","last_downloaded_at":"2026-09-10T00:00:39.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482563","source_sha256":"eb0806eb1ce5ad179acbd918121d353f6bfcaeb4b1706e6b3d1d614078da9924"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d4e14a2c0f51a4e064e279a02c4567e5d2ba026bcdbd0b1b991113e7bc1c9a3d","downloaded_from":"2026-09-10T00:00:39.885Z","last_downloaded_at":"2026-09-10T00:00:39.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482563","source_sha256":"eb0806eb1ce5ad179acbd918121d353f6bfcaeb4b1706e6b3d1d614078da9924"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:55bbf1a03209f7f7afff394aa5d2f8399bdc045d4e80bd21aec8e46152228c1c","downloaded_from":"2026-09-10T00:00:39.885Z","last_downloaded_at":"2026-09-10T00:00:39.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482563","source_sha256":"eb0806eb1ce5ad179acbd918121d353f6bfcaeb4b1706e6b3d1d614078da9924"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-20-05-1","para":"05-1","html":"
This Subtopic addresses financial accounting and reporting for goodwill subsequent to its acquisition and for the cost of internally developing goodwill.
","snippet":"This Subtopic addresses financial accounting and reporting for goodwill subsequent to its acquisition and for the cost of internally developing goodwill.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ccabf1b89c315c3a1bb1c01cafca0dee0181ea155fb9266f9d896e502cb9d996","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"citation":"350-20-05-2","para":"05-2","html":"
Subtopic 805-30 provides guidance on recognition and initial measurement of goodwill acquired in a business combination. Subtopic 958-805 provides guidance on recognition and initial measurement of goodwill acquired in an acquisition by a not-for-profit entity. Subtopic 805-60 provides guidance on the recognition and initial measurement of goodwill by a joint venture upon formation.
","snippet":"Subtopic 805-30 provides guidance on recognition and initial measurement of goodwill acquired in a business combination. Subtopic 958-805 provides guidance on recognition and initial measurement of goodwill acquired in a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0e8422f5cc6219c77fa5ee818608dfb290447456df4dca0f0649889faa33ace7","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"citation":"350-20-05-3","para":"05-3","html":"
Paragraph superseded by Accounting Standards Update No. 2017-04.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2017-04.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:27d79f01dffb9a5e88b55a008ca9f34a8b9996d4012006a86890998c9637db6e","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"citation":"350-20-05-4","para":"05-4","html":"
The guidance in this Subtopic is presented in the following two Subsections:
  1. a
    General
  2. b
    Accounting Alternatives.
","snippet":"The guidance in this Subtopic is presented in the following two Subsections:\n(a) General\n(b) Accounting Alternatives.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:20a76b6b1bc0e69b313fe87bd584e421b99e0182721fd413a8d79bae1f230d46","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"citation":"350-20-05-4A","para":"05-4A","html":"
Costs of developing, maintaining, or restoring internally generated goodwill should not be capitalized. For entities that do not elect the accounting alternative for amortizing goodwill included in the guidance in the Subsections outlined in paragraph 350-20-05-5A, goodwill that is recognized under the business combination guidance in Topic 805 and Subtopic 958-805 and goodwill that is recognized under the joint venture formation guidance in Subtopic 805-60should not be amortized. Instead, it should be tested for impairment at least annually in accordance with paragraphs
350-20-35-28 through 35-32
.If the accounting alternative for a goodwill impairment triggering event evaluation is elected, a goodwill impairment triggering event shall be evaluated in accordance with paragraphs
350-20-35-83 through 35-86
.
","snippet":"Costs of developing, maintaining, or restoring internally generated goodwill should not be capitalized. For entities that do not elect the accounting alternative for amortizing goodwill included in the guidance in the Su…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cae301dd9b02d412a1ddd148949c8becb05c911ad1fe7aedd734e462bd756b41","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"citation":"350-20-05-4B","para":"05-4B","html":"
This Subtopic also includes guidance on the following:
  1. a
    How an entity should derecognize goodwill when it disposes of all or a portion of a reporting unit
  2. b
    How goodwill should be presented in the balance sheet
  3. c
    How impairment losses should be presented in the income statement
  4. d
    What disclosures about goodwill and related impairment considerations should be made in the notes to the financial statements.
","snippet":"This Subtopic also includes guidance on the following:\n(a) How an entity should derecognize goodwill when it disposes of all or a portion of a reporting unit\n(b) How goodwill should be presented in the balance sheet\n(c) …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:882d5742cb413f23ba014638c32db6d68ff8c9e3a3a77cad4e2af2354e09003f","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fb64700ce8e5c129875d38ae7ce1e2d1cf9967ba0a8d1b9164b8571d7733b809","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"block":"Accounting Alternatives","heading":null,"paragraphs":[{"citation":"350-20-05-5","para":"05-5","html":"
The Accounting Alternatives Subsections of this Subtopic provide guidance for the following:
  1. a
    An entity within the scope of paragraph 350-20-15-4 that elects the accounting alternative for amortizing goodwill. If elected, this accounting alternative allows an eligible entity to amortize goodwill and test that goodwill for impairment upon a triggering event.
  2. b
    An entity within the scope of paragraph 350-20-15-4A that elects the accounting alternative for a goodwill impairment triggering event evaluation. If elected, this accounting alternative allows an eligible entity to evaluate goodwill impairment triggering events only as of the end of each reporting period.
","snippet":"The Accounting Alternatives Subsections of this Subtopic provide guidance for the following:\n(a) An entity within the scope of paragraph 350-20-15-4 that elects the accounting alternative for amortizing goodwill. If elec…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2136ee122c5f8c15a95440647e41f371b5b9154152f44b22d3e19d16f0713227","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"citation":"350-20-05-5A","para":"05-5A","html":"
The accounting alternatives guidance can be found in the following paragraphs:
  1. a
    Scope and Scope Exceptions—paragraphs
    350-20-15-4 through 15-6
  2. b
    Subsequent Measurement—paragraphs
    350-20-35-62 through 35-86
  3. c
    Derecognition—paragraphs
    350-20-40-8 through 40-9
  4. d
    Other Presentation Matters—paragraphs
    350-20-45-4 through 45-7
  5. e
    Disclosure—paragraphs
    350-20-50-3A through 50-7
  6. f
    Implementation Guidance and Illustrations—paragraphs
    350-20-55-26 through 55-29
    .
","snippet":"The accounting alternatives guidance can be found in the following paragraphs:\n(a) Scope and Scope Exceptions—paragraphs 350-20-15-4 through 15-6\n(b) Subsequent Measurement—paragraphs 350-20-35-62 through 35-86\n(c) Derec…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:919303b05d7c2a216d783b2d98fd4c119c45fc323270488ccd3dd66483838bab","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"citation":"350-20-05-6","para":"05-6","html":"
An entity should continue to follow the applicable requirements in Topic 350 for other accounting and reporting matters related to goodwill that are not addressed in the Accounting Alternatives Subsections of this Subtopic.
","snippet":"An entity should continue to follow the applicable requirements in Topic 350 for other accounting and reporting matters related to goodwill that are not addressed in the Accounting Alternatives Subsections of this Subtop…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6a8017fcec9a9d73e1bb83c09ffe360be8c02d6d49e8f2a38940622b7e6dc9de","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:23c4516f9b1d2da1bf70769f9102a71ee741c53ec4b4a1cb1a140479c88645d4","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:809492275a3e42e646b83bec24433534571dffe819cb38276f3de553f068dc78","downloaded_from":"2026-09-10T00:00:43.503Z","last_downloaded_at":"2026-09-10T00:00:43.503Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482539","source_sha256":"d1391a2d8b63aab832c1d0ba2bd2ef10e18262091f723f4f72e8ec756ff76142"}},{"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":"350-20-15-1","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":"sha256:1a06a15d2d7cec8d6c87dc7301b8266ae33e2e5aec6e1268cd33a5577ecbd18f","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e0ed8930ab292c867c7dae7d253e8459fa7af881ccaad3d27107bcc210bd713d","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"350-20-15-2","para":"15-2","html":"
The guidance in this Subtopic applies to the following transactions and activities:
  1. a
    Goodwill that an entity recognizes in accordance with Subtopic 805-30, Subtopic 805-60, or Subtopic 958-805 after it has been initially recognized and measured
  2. b
    The costs of internally developing goodwill and other unidentifiable intangible assets with indeterminate lives
  3. c
    Subparagraph not used.
  4. d
    Amounts recognized as goodwill in applying the equity method of accounting and to the excess reorganization value recognized by entities that adopt fresh-start reporting in accordance with Topic 852.
  5. e
    Subparagraph not used.
","snippet":"The guidance in this Subtopic applies to the following transactions and activities:\n(a) Goodwill that an entity recognizes in accordance with Subtopic 805-30, Subtopic 805-60, or Subtopic 958-805 after it has been initia…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1afd9b109a7e4b8a2503c81f1c1da93a07e88c0854b2536503a3f2bc3801b6bc","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"citation":"350-20-15-2A","para":"15-2A","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":"sha256:64cd6ef2a58b73f5f2ef949ebaf850e382fb31383d4874c8d96d2604c8c14603","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"citation":"350-20-15-3","para":"15-3","html":"
Although goodwill is an intangible asset, the term intangible asset is used in this Subtopic to refer to an intangible asset other than goodwill.
","snippet":"Although 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":"sha256:9ca44b264190ee6592f7cb5817eb25ca5b6736b4e63915ddff86a99354f016a5","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"citation":"350-20-15-3A","para":"15-3A","html":"
Paragraphs
350-20-15-4 through 15-6
,
350-20-35-62 through 35-86
,
350-20-40-8 through 40-9
,
350-20-45-4 through 45-7
,
350-20-50-3A through 50-7
,
350-20-55-26 through 55-29
, and 323-10-35-13 provide guidance for an entity electing the accounting alternatives in this Subtopic. See paragraphs 350-20-65-2 and 350-20-65-4for transition guidance for private companies and not-for-profit entities on applying the accounting alternatives in Subtopic 350-20.
","snippet":"Paragraphs 350-20-15-4 through 15-6, 350-20-35-62 through 35-86, 350-20-40-8 through 40-9, 350-20-45-4 through 45-7, 350-20-50-3A through 50-7, 350-20-55-26 through 55-29, and 323-10-35-13 provide guidance for an entity …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6ff16504c0d91f06a7fc3f4854c5f9d5c1de33f17a43f0039d056195252006da","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eaf9484f3e193d853cc57093cabfeab49d4af19929e6a2d22a16ee289d5584a2","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"block":"Accounting Alternatives","heading":null,"paragraphs":[{"citation":"350-20-15-4","para":"15-4","html":"
A private companyor not-for-profit entitymay make an accounting policy election to apply the accounting alternative for amortizing goodwill in this Subtopic. The guidance in the Accounting Alternatives Subsections of this Subtopic applies to the following transactions or activities:
  1. a
    Goodwill that an entity recognizes in a business combination in accordance with Subtopic 805-30, in an acquisition by a not-for-profit entity in accordance with Subtopic 958-805, or in a joint venture formation in accordance with Subtopic 805-60after it has been initially recognized and measured
  2. b
    Amounts recognized as goodwill in applying the equity method of accounting in accordance with Topic 323 on investments—equity method and joint ventures, and to the excess reorganization value recognized by entities that adopt fresh-start reporting in accordance with Topic 852 on reorganizations.
","snippet":"A private companyor not-for-profit entitymay make an accounting policy election to apply the accounting alternative for amortizing goodwill in this Subtopic. The guidance in the Accounting Alternatives Subsections of thi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0a5953103bcd4cb4e59c89fe6cbe9a99e99e8d0df8f72fc0eeca78b148a8001e","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"citation":"350-20-15-4A","para":"15-4A","html":"
A private company or not-for-profit entity may make an accounting policy election to apply the accounting alternative for a goodwill impairment triggering event evaluation to goodwill subsequently accounted for in accordance with Subtopic 350-20.
","snippet":"A private company or not-for-profit entity may make an accounting policy election to apply the accounting alternative for a goodwill impairment triggering event evaluation to goodwill subsequently accounted for in accord…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6caabcdb7f10c4085a544dfbd91b76b14931db53e877cbed8eca3dd196cd7c3d","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"citation":"350-20-15-5","para":"15-5","html":"
An entity within the scope of paragraph 350-20-15-4 or paragraph 350-20-15-4A that elects the accounting alternative for amortizing goodwill or the accounting alternative for goodwill impairment triggering event evaluation shall apply all of the related subsequent measurement, derecognition, other presentation matters, and disclosure requirements upon election. An accounting alternative, once elected, shall be applied to existing goodwill and to all additions to goodwill recognized in future transactions within the scope of that accounting alternative.
","snippet":"An entity within the scope of paragraph 350-20-15-4 or paragraph 350-20-15-4A that elects the accounting alternative for amortizing goodwill or the accounting alternative for goodwill impairment triggering event evaluati…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:06bd4def962253ef40e9861c5577d2fc9641b6844997c3491061ac59b3910620","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"citation":"350-20-15-6","para":"15-6","html":"
An entity that elects either of the accounting alternatives in this Subtopic is not required to elect or precluded from electing the other alternative.
","snippet":"An entity that elects either of the accounting alternatives in this Subtopic is not required to elect or precluded from electing the other alternative.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:16f6bdcf65e58f085911bba1c4f5d2c6dc9004b2aaa9b9a83ee9305b10e4fbe3","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:065df3aa350f91f51df1b503a73d9ac26a919e5ad1621787b1e4ccf620294eb1","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9bc961ffae82944a6f0daca96779811fb6af45ced9c609c4ede48eca9b2b7e62","downloaded_from":"2026-09-10T00:00:46.644Z","last_downloaded_at":"2026-09-10T00:00:46.644Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482713","source_sha256":"278ae928416bb9d3c531fbdb192221d6013dbc96c169b5264a17f3b166f960bd"}},{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-20-25-1","para":"25-1","html":"
See Subtopic 805-30 for guidance on recognition at acquisition of goodwill acquired in a business combination. See Subtopic 958-805 for guidance on recognition at acquisition of goodwill acquired in an acquisition by a not-for-profit entity. See Subtopic 805-60 for guidance on recognition of goodwill by a joint venture upon formation.
","snippet":"See Subtopic 805-30 for guidance on recognition at acquisition of goodwill acquired in a business combination. See Subtopic 958-805 for guidance on recognition at acquisition of goodwill acquired in an acquisition by a n…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4dbda9c3bee805389c4b29d727bb7a1df8a009e34402c80baf4ab55c993d9110","downloaded_from":"2026-09-10T00:00:51.479Z","last_downloaded_at":"2026-09-10T00:00:51.479Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482666","source_sha256":"8b0517821cbd117a74c337a6bb628965fcc1160c541f3172d8f680b250a2ab7f"}},{"citation":"350-20-25-2","para":"25-2","html":"
The excess reorganization value recognized by entities that adopt fresh-start reporting in accordance with Topic 852 shall be reported as goodwill and accounted for in the same manner as goodwill.
","snippet":"The excess reorganization value recognized by entities that adopt fresh-start reporting in accordance with Topic 852 shall be reported as goodwill and accounted for in the same manner as goodwill.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c76f14276a10a43d24cfd078d1b7e5d9f65cfa6237a7e24bf7f5bfc11bb1f1ae","downloaded_from":"2026-09-10T00:00:51.479Z","last_downloaded_at":"2026-09-10T00:00:51.479Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482666","source_sha256":"8b0517821cbd117a74c337a6bb628965fcc1160c541f3172d8f680b250a2ab7f"}},{"citation":"350-20-25-3","para":"25-3","html":"
Costs of internally developing, maintaining, or restoring intangible assets (including goodwill) that are not specifically identifiable, that have indeterminate lives, or that are inherent in a continuing business 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 (including goodwill) that are not specifically identifiable, that have indeterminate lives, or that are inherent in a continuing business and re…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:30defd01df17c3680fe61a10cac53c1cde18129906927856f3e9064f609309d4","downloaded_from":"2026-09-10T00:00:51.479Z","last_downloaded_at":"2026-09-10T00:00:51.479Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482666","source_sha256":"8b0517821cbd117a74c337a6bb628965fcc1160c541f3172d8f680b250a2ab7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a2743622ca93f5fe47139e568f1f55b9c775d37ecb66519d40a326b1ece82964","downloaded_from":"2026-09-10T00:00:51.479Z","last_downloaded_at":"2026-09-10T00:00:51.479Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482666","source_sha256":"8b0517821cbd117a74c337a6bb628965fcc1160c541f3172d8f680b250a2ab7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:58aa00208180de5bd246451a9ba01dee098938f6d05d93ec76103cce2a9daa64","downloaded_from":"2026-09-10T00:00:51.479Z","last_downloaded_at":"2026-09-10T00:00:51.479Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482666","source_sha256":"8b0517821cbd117a74c337a6bb628965fcc1160c541f3172d8f680b250a2ab7f"}},{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":"Overall Accounting for Goodwill","paragraphs":[{"citation":"350-20-35-1","para":"35-1","html":"
Goodwill shall not be amortized. Instead, goodwill shall be tested at least annually for impairment at a level of reporting referred to as a reporting unit. (Paragraphs
350-20-35-33 through 35-46
provide guidance on determining reporting units.)
","snippet":"Goodwill shall not be amortized. Instead, goodwill shall be tested at least annually for impairment at a level of reporting referred to as a reporting unit. (Paragraphs 350-20-35-33 through 35-46 provide guidance on dete…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d67fb412952a31da9a85d02304aefc75a32079d846b1f5d92579cc90bf52c363","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-2","para":"35-2","html":"
Impairment of goodwill is the condition that exists when the carrying amount of a reporting unit that includes goodwill exceeds its fair value. A goodwill impairment loss is recognized for the amount that the carrying amount of a reporting unit, including goodwill, exceeds its fair value, limited to the total amount of goodwill allocated to that reporting unit. However, an entity shall consider the related income tax effect from any tax deductible goodwill, if applicable, in accordance with paragraph 350-20-35-8B when measuring the goodwill impairment loss.
","snippet":"Impairment of goodwill is the condition that exists when the carrying amount of a reporting unit that includes goodwill exceeds its fair value. A goodwill impairment loss is recognized for the amount that the carrying am…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a2a2fae1d6d73f0c180cad08f093d0a9eadebad31affbb0343db9fbbc2af0d9a","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-3","para":"35-3","html":"
An entity may first assess qualitative factors, as described in paragraphs
350-20-35-3A through 35-3G
, to determine whether it is necessary to perform the quantitative goodwill impairment test discussed in paragraphs
350-20-35-4 through 35-13
. If determined to be necessary, the quantitative impairment test shall be used to identify goodwill impairment and measure the amount of a goodwill impairment loss to be recognized (if any).
","snippet":"An entity may first assess qualitative factors, as described in paragraphs 350-20-35-3A through 35-3G, to determine whether it is necessary to perform the quantitative goodwill impairment test discussed in paragraphs 350…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:af07d69ea271bf2e61b646fa39eb388af410be093f509c3f8ce8739ce7d5033c","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:63f5b83fa3adc8ae1a3910270c02b3a0444895e782271aaecaeb20bbec3fc89b","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":null,"heading":"Recognition and Measurement of an Impairment Loss","paragraphs":[{"citation":"350-20-35-3A","para":"35-3A","html":"
An entity may assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount, including goodwill.
","snippet":"An entity may assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of a reporting unit is less than its carrying amount, including…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:618cecd5dab9b61485117628a8ddd8e9aaa09b696712069bb243866f0b5514fd","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-3B","para":"35-3B","html":"
An entity has an unconditional option to bypass the qualitative assessment described in the preceding paragraph for any reporting unit in any period and proceed directly to performing the quantitative goodwill impairment test. An entity may resume performing the qualitative assessment in any subsequent period.
","snippet":"An entity has an unconditional option to bypass the qualitative assessment described in the preceding paragraph for any reporting unit in any period and proceed directly to performing the quantitative goodwill impairment…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f6f6c9059735663f5b86768e3dec9c77a4c9b51337026b2c821807907f10c0fa","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-3C","para":"35-3C","html":"
In evaluating whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, an entity shall assess relevant events and circumstances. Examples of such events and circumstances include the following:
  1. a
    Macroeconomic conditions such as a deterioration in general economic conditions, limitations on accessing capital, fluctuations in foreign exchange rates, or other developments in equity and credit markets
  2. b
    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 (consider in both absolute terms and relative to peers), a change in the market for an entity's products or services, or a regulatory or political development
  3. c
    Cost factors such as increases in raw materials, labor, or other costs that have a negative effect on earnings and cash flows
  4. d
    Overall 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
  5. e
    Other relevant entity-specific events such as changes in management, key personnel, strategy, or customers; contemplation of bankruptcy; or litigation
  6. f
    Events affecting a reporting unit such as a change in the composition or carrying amount of its net assets, a more-likely-than-not expectation of selling or disposing of all, or a portion, of a reporting unit, the testing for recoverability of a significant asset group within a reporting unit, or recognition of a goodwill impairment loss in the financial statements of a subsidiary that is a component of a reporting unit
  7. g
    If applicable, a sustained decrease in share price (consider in both absolute terms and relative to peers).
","snippet":"In evaluating whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount, an entity shall assess relevant events and circumstances. Examples of such events and circumstanc…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e0ef6836a37c3e6bec934535374b518a9b0f5fae9059f36f6e2a321947cc6e26","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-3D","para":"35-3D","html":"
If, after assessing the totality of events or circumstances such as those described in the preceding paragraph, an entity determines that it is not more likely than not that the fair value of a reporting unit is less than its carrying amount, then the quantitative goodwill impairment test is unnecessary.
","snippet":"If, after assessing the totality of events or circumstances such as those described in the preceding paragraph, an entity determines that it is not more likely than not that the fair value of a reporting unit is less tha…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a80321b19fce3a330079c728196b1b4983e3344d0dddae38ed07c8b04c9679af","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-3E","para":"35-3E","html":"
If, after assessing the totality of events or circumstances such as those described in paragraph 350-20-35-3C(a) through (g), an entity determines that it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the entity shall perform the quantitative goodwill impairment test.
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The examples included in paragraph 350-20-35-3C(a) through (g) are not all-inclusive, and an entity shall consider other relevant events and circumstances that affect the fair value or carrying amount of a reporting unit in determining whether to perform the quantitative goodwill impairment test. An entity shall consider the extent to which each of the adverse events and circumstances identified could affect the comparison of a reporting unit's fair value with its carrying amount. An entity should place more weight on the events and circumstances that most affect a reporting unit's fair value or the carrying amount of its net assets. An entity also should consider positive and mitigating events and circumstances that may affect its determination of whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If an entity has a recent fair value calculation for a reporting unit, it also should include as a factor in its consideration the difference between the fair value and the carrying amount in reaching its conclusion about whether to perform the quantitative goodwill impairment test.
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An entity shall evaluate, on the basis of the weight of evidence, the significance of all identified events and circumstances in the context of determining whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount. None of the individual examples of events and circumstances included in paragraph 350-20-35-3C(a) through (g) are intended to represent standalone events or circumstances that necessarily require an entity to perform the quantitative goodwill impairment test. 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 goodwill impairment test.
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The quantitative goodwill impairment test, used to identify both the existence of impairment and the amount of impairment loss, compares the fair value of a reporting unit with its carrying amount, including goodwill.
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The guidance in paragraphs
350-20-35-22 through 35-24
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If the fair value of a reporting unit exceeds its carrying amount, goodwill of the reporting unit is considered not impaired.
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In determining the carrying amount of a reporting unit, deferred income taxes shall be included in the carrying amount of the reporting unit, regardless of whether the fair value of the reporting unit will be determined assuming it would be bought or sold in a taxable or nontaxable transaction.
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If the carrying amount of a reporting unit exceeds its fair value, an impairment loss shall be recognized in an amount equal to that excess, limited to the total amount of goodwill allocated to that reporting unit. Additionally, an entity shall consider the income tax effect from any tax deductible goodwill on the carrying amount of the reporting unit, if applicable, in accordance with paragraph 350-20-35-8B when measuring the goodwill impairment loss.
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If a reporting unit has tax deductible goodwill, recognizing a goodwill impairment loss may cause a change in deferred taxes that results in the carrying amount of the reporting unit immediately exceeding its fair value upon recognition of the loss. In those circumstances, the entity shall calculate the impairment loss and associated deferred tax effect in a manner similar to that used in a business combination in accordance with the guidance in paragraphs
805-740-55-9 through 55-13
. The total loss recognized shall not exceed the total amount of goodwill allocated to the reporting unit. See Example 2A in paragraphs
350-20-55-23A through 55-23C
for an illustration of the calculation.
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After a goodwill impairment loss is recognized, the adjusted carrying amount of goodwill shall be its new accounting basis.
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Subsequent reversal of a previously recognized goodwill impairment loss is prohibited once the measurement of that loss is recognized.
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","snippet":"Paragraph superseded by Accounting Standards Update No. 2017-04.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6c45693259143d6d1852d53a0295f39e58b1adcd33ad6ec51fc4bf581c64d780","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-21","para":"35-21","html":"
Paragraph superseded by Accounting Standards Update No. 2017-04.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2017-04.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d1787fce41f85ee50ed899eabc06ee3f1479e7433cfae61874f42f4bd8d2c2ef","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:19db5c970c9628d6d12ff5e50dad776f7535e0a63f8bc04d7a635233c25e39d0","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":null,"heading":"Determining the Fair Value of a Reporting Unit","paragraphs":[{"citation":"350-20-35-22","para":"35-22","html":"
The fair value of a reporting unit refers to the price that would be received to sell the unit as a whole in an orderly transaction between market participants at the measurement date. Quoted market prices in active markets are the best evidence of fair value and shall be used as the basis for the measurement, if available. However, the market price of an individual equity security (and thus the market capitalization of a reporting unit with publicly traded equity securities) may not be representative of the fair value of the reporting unit as a whole.
","snippet":"The fair value of a reporting unit refers to the price that would be received to sell the unit as a whole in an orderly transaction between market participants at the measurement date. Quoted market prices in active mark…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:32fb0cc6747e8f8b00c163940fb29efdecc087b2b847d1fd2e6cfa313dfe9188","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-23","para":"35-23","html":"
Substantial value may arise from the ability to take advantage of synergies and other benefits that flow from control over another entity. Consequently, measuring the fair value of a collection of assets and liabilities that operate together in a controlled entity is different from measuring the fair value of that entity's individual equity securities. An acquiring entity often is willing to pay more for equity securities that give it a controlling interest than an investor would pay for a number of equity securities representing less than a controlling interest. That control premium may cause the fair value of a reporting unit to exceed its market capitalization. The quoted market price of an individual equity security, therefore, need not be the sole measurement basis of the fair value of a reporting unit.
","snippet":"Substantial value may arise from the ability to take advantage of synergies and other benefits that flow from control over another entity. Consequently, measuring the fair value of a collection of assets and liabilities …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:300b121e52208ed9d2badb8cce11af689f8a199904c14632063645d36ae3afa7","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-24","para":"35-24","html":"
In estimating the fair value of a reporting unit, a valuation technique based on multiples of earnings or revenue or a similar performance measure may be used if that technique is consistent with the objective of measuring fair value. Use of multiples of earnings or revenue in determining the fair value of a reporting unit may be appropriate, for example, when the fair value of an entity that has comparable operations and economic characteristics is observable and the relevant multiples of the comparable entity are known. Conversely, use of multiples would not be appropriate in situations in which the operations or activities of an entity for which the multiples are known are not of a comparable nature, scope, or size as the reporting unit for which fair value is being estimated.
","snippet":"In estimating the fair value of a reporting unit, a valuation technique based on multiples of earnings or revenue or a similar performance measure may be used if that technique is consistent with the objective of measuri…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:01915ee8e019f08a828022b7b1f5f76888bb860e978e0ff5fd369b58fb6b0a8f","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-25","para":"35-25","html":"
Before estimating the fair value of a reporting unit, an entity shall determine whether that estimation should be based on an assumption that the reporting unit could be bought or sold in a nontaxable transaction or a taxable transaction. Making that determination is a matter of judgment that depends on the relevant facts and circumstances and must be evaluated carefully on a case-by-case basis (see Example 1 [paragraphs
350-20-55-10 through 55-23
]).
","snippet":"Before estimating the fair value of a reporting unit, an entity shall determine whether that estimation should be based on an assumption that the reporting unit could be bought or sold in a nontaxable transaction or a ta…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6e53b024a30fa39f11c5e6ff049b9e97825ad52111fda9f86087f14d3df496c8","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-26","para":"35-26","html":"
In making that determination, an entity shall consider all of the following:
  1. a
    Whether the assumption is consistent with those that marketplace participants would incorporate into their estimates of fair value
  2. b
    The feasibility of the assumed structure
  3. c
    Whether the assumed structure results in the highest and best use and would provide maximum value to the seller for the reporting unit, including consideration of related tax implications.
","snippet":"In making that determination, an entity shall consider all of the following:\n(a) Whether the assumption is consistent with those that marketplace participants would incorporate into their estimates of fair value\n(b) The …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c0e03f8011c2db8dab1720b33bd0ac4168ae31db54bce74d1f299ae4ce6dc6dd","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-27","para":"35-27","html":"
In determining the feasibility of a nontaxable transaction, an entity shall consider, among other factors, both of the following:
  1. a
    Whether the reporting unit could be sold in a nontaxable transaction
  2. b
    Whether there are any income tax laws and regulations or other corporate governance requirements that could limit an entity's ability to treat a sale of the unit as a nontaxable transaction.
","snippet":"In determining the feasibility of a nontaxable transaction, an entity shall consider, among other factors, both of the following:\n(a) Whether the reporting unit could be sold in a nontaxable transaction\n(b) Whether there…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5277fc44c17beb2f9224d6889e0fee815e5d8cc119e4ddd76521bd020e390e6d","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0d67850824af1ebfaf7d06372aab660b43735864b78f79754d6319cd92786ee0","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":null,"heading":"When to Test Goodwill for Impairment","paragraphs":[{"citation":"350-20-35-28","para":"35-28","html":"
Goodwill of a reporting unit shall be tested for impairment on an annual basis and between annual tests in certain circumstances (see paragraph 350-20-35-30). The annual goodwill impairment test may be performed any time during the fiscal year provided the test is performed at the same time every year. Different reporting units may be tested for impairment at different times.
","snippet":"Goodwill of a reporting unit shall be tested for impairment on an annual basis and between annual tests in certain circumstances (see paragraph 350-20-35-30). The annual goodwill impairment test may be performed any time…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:14c4638223bef91bb164ac477f30ef38424f1efd39c52985f0d1f44e7a9d72c1","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-29","para":"35-29","html":"
Paragraph superseded by Accounting Standards Update No. 2011-08.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2011-08.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9ce668d078e4a6fe96079cd24a0792c3590dcf4e5ae74efcb08647d2bbbcac0d","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-30","para":"35-30","html":"
Goodwill of a reporting unit shall be tested for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amount. Paragraph 350-20-35-3C(a) through (g)includes examples of such events and circumstances. Paragraphs
350-20-35-3F through 35-3G
describe the process for making these evaluations.
  1. a
    Subparagraph superseded by Accounting Standards Update No. 2011-08.
  2. b
    Subparagraph superseded by Accounting Standards Update No. 2011-08.
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2011-08.
  4. d
    Subparagraph superseded by Accounting Standards Update No. 2011-08.
  5. e
    Subparagraph superseded by Accounting Standards Update No. 2011-08.
  6. f
    Subparagraph superseded by Accounting Standards Update No. 2011-08.
  7. g
    Subparagraph superseded by Accounting Standards Update No. 2011-08.
","snippet":"Goodwill of a reporting unit shall be tested for impairment between annual tests if an event occurs or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying amo…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:640783555f53af230e1b43e3528dd06c7464d46e0ba56140ea7a24d4bdff1a73","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-31","para":"35-31","html":"
If goodwill and another asset (or asset group) of a reporting unit are tested for impairment at the same time, the other asset (or asset group) shall be tested for impairment before goodwill. For example, if a significant asset group is to be tested for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10 (thus potentially requiring a goodwill impairment test), the impairment test for the significant asset group would be performed before the goodwill impairment test. If the asset group was impaired, the impairment loss would be recognized prior to goodwill being tested for impairment.
","snippet":"If goodwill and another asset (or asset group) of a reporting unit are tested for impairment at the same time, the other asset (or asset group) shall be tested for impairment before goodwill. For example, if a significan…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:371f2bd3661aefa1883392d3107aaef0fe4d12f6edf1a172af5bd6bc567165aa","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-32","para":"35-32","html":"
This requirement applies to all assets that are tested for impairment, not just those included in the scope of the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"This requirement applies to all assets that are tested for impairment, not just those included in the scope of the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a13c539a5196cc0dfb3ec16805d5b964a97cb866b53f9a2495d82b20f15b62a9","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cc74be1deb42f1cd254823ebb15d9d64e73d103940783caf7d8e71aeb845ee3b","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":null,"heading":"Reporting Unit","paragraphs":[{"citation":"350-20-35-33","para":"35-33","html":"
The provisions of Topic 280 shall be used to determine the reporting units of an entity.
","snippet":"The provisions of Topic 280 shall be used to determine the reporting units of an entity.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c4c66bfa8b0bf851cc18c3092d82cafbada6a8c5b3d8b32bf4a4e68b26ef1adf","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-34","para":"35-34","html":"
A component of an operating segment is a reporting unit if the component constitutes a business or a nonprofit activity for which discrete financial information is available and segment management, as that term is defined in paragraph 280-10-50-7, regularly reviews the operating results of that component. Subtopic 805-10 includes guidance on determining whether an asset group constitutes a business. Throughout the remainder of this Section, the term business also includes a nonprofit activity.
","snippet":"A component of an operating segment is a reporting unit if the component constitutes a business or a nonprofit activity for which discrete financial information is available and segment management, as that term is define…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:95bd365880d3078b954cc720713d37337d07b9959028b41fcce05b50403503cc","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-35","para":"35-35","html":"
However, two or more components of an operating segment shall be aggregated and deemed a single reporting unit if the components have similar economic characteristics. Paragraph 280-10-50-11 shall be considered in determining if the components of an operating segment have similar economic characteristics.
","snippet":"However, two or more components of an operating segment shall be aggregated and deemed a single reporting unit if the components have similar economic characteristics. Paragraph 280-10-50-11 shall be considered in determ…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:89a7b0f8b2e578669742ee47dcaea50f5c79f39e05e06d507d8730d3cd4903c3","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-36","para":"35-36","html":"
An operating segment shall be deemed to be a reporting unit if all of its components are similar, if none of its components is a reporting unit, or if it comprises only a single component.
","snippet":"An operating segment shall be deemed to be a reporting unit if all of its components are similar, if none of its components is a reporting unit, or if it comprises only a single component.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7a67701996cefa45545c02fc53484fc471b5c5d444e546bc66334fe17432df6d","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-37","para":"35-37","html":"
Reporting units will vary depending on the level at which performance of the segment is reviewed, how many businesses the operating segment includes, and the similarity of those businesses. In other words, a reporting unit could be the same as an operating segment, which could be the same as a reportable segment, which could be the same as the entity as a whole (entity level).
","snippet":"Reporting units will vary depending on the level at which performance of the segment is reviewed, how many businesses the operating segment includes, and the similarity of those businesses. In other words, a reporting un…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:47ab8cd31da5919e8ecabc13c514d03b99078e8251092b59cfa106b70a6351ec","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-38","para":"35-38","html":"
An entity that is not required to report segment information in accordance with Topic 280 is nonetheless required to test goodwill for impairment at the reporting unit level. That entity shall use the guidance in paragraphs
280-10-50-1 through 50-9
to determine its operating segments for purposes of determining its reporting units.
","snippet":"An entity that is not required to report segment information in accordance with Topic 280 is nonetheless required to test goodwill for impairment at the reporting unit level. That entity shall use the guidance in paragra…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:93d9b04ce265086a1314c0452e088dd4eeab4e55e4e73da9ce098d59eb92caf5","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6b8ccb565e002a2ae134f4f1e7d150370ae6b2aa9c9189635b4707795a4e4335","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":null,"heading":"Assigning Acquired Assets and Assumed Liabilities to a Reporting Unit","paragraphs":[{"citation":"350-20-35-39","para":"35-39","html":"
For the purpose of testing goodwill for impairment, acquired assets and assumed liabilities shall be assigned to a reporting unit as of the acquisition date if both of the following criteria are met:
  1. a
    The asset will be employed in or the liability relates to the operations of a reporting unit.
  2. b
    The asset or liability will be considered in determining the fair value of the reporting unit.
Assets or liabilities that an entity considers part of its corporate assets or liabilities shall also be assigned to a reporting unit if both of the preceding criteria are met. Examples of corporate items that may meet those criteria and therefore would be assigned to a reporting unit are environmental liabilities that relate to an existing operating facility of the reporting unit and a pension obligation that would be included in the determination of the fair value of the reporting unit. This provision applies to assets acquired and liabilities assumed in a business combination and to those acquired or assumed individually or with a group of other assets.
","snippet":"For the purpose of testing goodwill for impairment, acquired assets and assumed liabilities shall be assigned to a reporting unit as of the acquisition date if both of the following criteria are met:\n(a) The asset will b…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1cf76eef7f21cccebda2f5b44713fa4a7a3141a58d23186f2c49cc5506c8ad1e","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-39A","para":"35-39A","html":"
Foreign currency translation adjustments should not be allocated to a reporting unit from an entity's accumulated other comprehensive income. The reporting unit's carrying amount should include only the currently translated balances of the assets and liabilities assigned to the reporting unit.
","snippet":"Foreign currency translation adjustments should not be allocated to a reporting unit from an entity's accumulated other comprehensive income. The reporting unit's carrying amount should include only the currently transla…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bfa10124647cb352cf49088d8ae4c7bf6a07937c1d288ada38ed9471e490dc21","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-40","para":"35-40","html":"
Some assets or liabilities may be employed in or relate to the operations of multiple reporting units. The methodology used to determine the amount of those assets or liabilities to assign to a reporting unit shall be reasonable and supportable and shall be applied in a consistent manner. For example, assets and liabilities not directly related to a specific reporting unit, but from which the reporting unit benefits, could be assigned according to the benefit received by the different reporting units (or based on the relative fair values of the different reporting units). In the case of pension items, for example, a pro rata assignment based on payroll expense might be used. A reasonable allocation method may be very general. For use in making those assignments, the basis for and method of determining the fair value of the acquiree and other related factors (such as the underlying reasons for the acquisition and management's expectations related to dilution, synergies, and other financial measurements) shall be documented at the acquisition date.
","snippet":"Some assets or liabilities may be employed in or relate to the operations of multiple reporting units. The methodology used to determine the amount of those assets or liabilities to assign to a reporting unit shall be re…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9efed1920275397f15da134f8ff1ebc9ac0a9876546f259917aec0d3b5d8300c","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0265002a71fffcd5c349da2a33e537a98a86dc7c342fc878f07a3a3d73acdebf","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":null,"heading":"Assigning Goodwill to Reporting Units","paragraphs":[{"citation":"350-20-35-41","para":"35-41","html":"
For the purpose of testing goodwill for impairment, all goodwill acquired in a business combination or recognized by a joint venture upon formation shall be assigned to one or more reporting units as of the acquisition date or the joint venture formation date. Goodwill shall be assigned to reporting units of the acquiring entity that are expected to benefit from the synergies of the combination even though other assets or liabilities of the acquired entity may not be assigned to that reporting unit. The total amount of acquired goodwill may be divided among a number of reporting units. The methodology used to determine the amount of goodwill to assign to a reporting unit shall be reasonable and supportable and shall be applied in a consistent manner. In addition, that methodology shall be consistent with the objectives of the process of assigning goodwill to reporting units described in paragraphs
350-20-35-42 through 35-43
.
","snippet":"For the purpose of testing goodwill for impairment, all goodwill acquired in a business combination or recognized by a joint venture upon formation shall be assigned to one or more reporting units as of the acquisition d…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:612d8d0e07325c7da4c8b4c4eed8ddf5d5721442fa72b39ebb50e7d955c553db","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-42","para":"35-42","html":"
In concept, the amount of goodwill assigned to a reporting unit would be determined in a manner similar to how the amount of goodwill recognized in a business combination is determined. That is:
  1. a
    An entity would determine the fair value of the acquired business (or portion thereof) to be included in a reporting unit—the fair value of the individual assets acquired and liabilities assumed that are assigned to the reporting unit. Subtopic 805-20 provides guidance on assigning the fair value of the acquiree to the assets acquired and liabilities assumed in a business combination.
  2. b
    Any excess of the fair value of the acquired business (or portion thereof) over the fair value of the individual assets acquired and liabilities assumed that are assigned to the reporting unit is the amount of goodwill assigned to that reporting unit.
  3. c
    Subparagraph not used.
","snippet":"In concept, the amount of goodwill assigned to a reporting unit would be determined in a manner similar to how the amount of goodwill recognized in a business combination is determined. That is:\n(a) An entity would deter…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1eabb06a50907415c977f8efa5df91f0372695c0e86e87a16e0948d4400f5aff","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-43","para":"35-43","html":"
If goodwill is to be assigned to a reporting unit that has not been assigned any of the assets acquired or liabilities assumed in that acquisition, the amount of goodwill to be assigned to that unit might be determined by applying a with-and-without computation. That is, the difference between the fair value of that reporting unit before the acquisition and its fair value after the acquisition represents the amount of goodwill to be assigned to that reporting unit.
","snippet":"If goodwill is to be assigned to a reporting unit that has not been assigned any of the assets acquired or liabilities assumed in that acquisition, the amount of goodwill to be assigned to that unit might be determined b…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0fcff861dc8e3b9c56c5ea8288af1b86618ca4a3d77fd23186ccebb573505165","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-44","para":"35-44","html":"
This Subtopic does not require that goodwill and all other related assets and liabilities assigned to reporting units for purposes of testing goodwill for impairment be reflected in the entity's reported segments. However, even though an asset may not be included in reported segment assets, the asset (or liability) shall be allocated to a reporting unit for purposes of testing for impairment if it meets the criteria in paragraph 350-20-35-39.
","snippet":"This Subtopic does not require that goodwill and all other related assets and liabilities assigned to reporting units for purposes of testing goodwill for impairment be reflected in the entity's reported segments. Howeve…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:04b02f766ac71e77577c34b4a82f76c5b5c00543b6b03eec94b153e72ce6a8ef","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6545be6749e5ddad4989f75fb00437a93e35b59ef3b538e4eacf5f97f9605304","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":null,"heading":"Reorganization of Reporting Structure","paragraphs":[{"citation":"350-20-35-45","para":"35-45","html":"
When an entity reorganizes its reporting structure in a manner that changes the composition of one or more of its reporting units, the guidance in paragraphs
350-20-35-39 through 35-40
shall be used to reassign assets and liabilities to the reporting units affected. However, goodwill shall be reassigned to the reporting units affected using a relative fair value allocation approach similar to that used when a portion of a reporting unit is to be disposed of (see paragraphs
350-20-40-1 through 40-7
).
","snippet":"When an entity reorganizes its reporting structure in a manner that changes the composition of one or more of its reporting units, the guidance in paragraphs 350-20-35-39 through 35-40 shall be used to reassign assets an…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6050831f9a67ed94e0e3c30250c234eaf1f749849782f2572d6322be42ad4343","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-46","para":"35-46","html":"
For example, if existing reporting unit A is to be integrated with reporting units B, C, and D, goodwill in reporting unit A would be assigned to units B, C, and D based on the relative fair values of the three portions of reporting unit A prior to those portions being integrated with reporting units B, C, and D.
","snippet":"For example, if existing reporting unit A is to be integrated with reporting units B, C, and D, goodwill in reporting unit A would be assigned to units B, C, and D based on the relative fair values of the three portions …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:904e7d9ddbef5a7b49054ef9e2ad765d0d73d09fc933d120f20d53435797d20f","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-47","para":"35-47","html":"
Subsidiary goodwill might arise from any of the following:
  1. a
    Acquisitions that a subsidiary made prior to its being acquired by the parent
  2. b
    Acquisitions that a subsidiary made subsequent to its being acquired by the parent
  3. c
    Goodwill arising from the business combination in which a subsidiary was acquired that the parent pushed down to the subsidiary's financial statements.
","snippet":"Subsidiary goodwill might arise from any of the following:\n(a) Acquisitions that a subsidiary made prior to its being acquired by the parent\n(b) Acquisitions that a subsidiary made subsequent to its being acquired by the…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2c62827c77b7dd64548631685023b0f2bbf43915157a6082cb6e4cf5f1ecc6c2","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-48","para":"35-48","html":"
All goodwill recognized by a public or nonpublic subsidiary (subsidiary goodwill) in its separate financial statements that are prepared in accordance with generally accepted accounting principles (GAAP) shall be accounted for in accordance with this Subtopic. Subsidiary goodwill shall be tested for impairment at the subsidiary level using the subsidiary's reporting units. If a goodwill impairment loss is recognized at the subsidiary level, goodwill of the reporting unit or units (at the higher consolidated level) in which the subsidiary's reporting unit with impaired goodwill resides must be tested for impairment if the event that gave rise to the loss at the subsidiary level would more likely than not reduce the fair value of the reporting unit (at the higher consolidated level) below its carrying amount (see paragraph 350-20-35-3C(f)). Only if goodwill of that higher-level reporting unit is impaired would a goodwill impairment loss be recognized at the consolidated level.
","snippet":"All goodwill recognized by a public or nonpublic subsidiary (subsidiary goodwill) in its separate financial statements that are prepared in accordance with generally accepted accounting principles (GAAP) shall be account…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:68d573211c88e71028aec79519f95d75692599e4fd990c4dafdc5ceb56797aeb","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-49","para":"35-49","html":"
If testing at the consolidated level leads to an impairment loss, that loss shall be recognized at that level separately from the subsidiary's loss.
","snippet":"If testing at the consolidated level leads to an impairment loss, that loss shall be recognized at that level separately from the subsidiary's loss.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:afd3664ad2e8de30abd61088c48e6929f612752c5ec283e262c0596909411a2c","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-50","para":"35-50","html":"
Paragraph not used.
","snippet":"Paragraph not used.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:724dbc5dd2d0a74a523b0de5e861f50c5e46310d4a239b477090ff7e6b885b6f","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-51","para":"35-51","html":"
See paragraphs
350-20-40-1 through 40-7
for guidance on disposal of all or a portion of a reporting unit.
","snippet":"See paragraphs 350-20-40-1 through 40-7 for guidance on disposal of all or a portion of a reporting unit.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f2e3b36652605dc9567e3c5bef8b3b575b29d4c308dcae51dd9ba6eda0a519af","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-52","para":"35-52","html":"
Paragraphs 350-20-35-52 through 35-57 superseded by Accounting Standards Update No. 2012-04.
","snippet":"Paragraphs 350-20-35-52 through 35-57 superseded by Accounting Standards Update No. 2012-04.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1daa31ae27a2ea429f2bcb4ca361ff713251d53239efe7acc74a13719d9d1167","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-57A","para":"35-57A","html":"
If a reporting unit is less than wholly owned, the fair value of the reporting unit as a whole shall be determined in accordance with paragraphs
350-20-35-22 through 35-24
, including any portion attributed to the noncontrolling interest. Any impairment loss measured in the goodwill impairment test shall be attributed to the parent and the noncontrolling interest on a rational basis. If the reporting unit includes only goodwill attributable to the parent, the goodwill impairment loss would be attributed entirely to the parent. However, if the reporting unit includes goodwill attributable to both the parent and the noncontrolling interest, the goodwill impairment loss shall be attributed to both the parent and the noncontrolling interest.
","snippet":"If a reporting unit is less than wholly owned, the fair value of the reporting unit as a whole shall be determined in accordance with paragraphs 350-20-35-22 through 35-24, including any portion attributed to the noncont…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:38be6f1c511736d68db7f8a5d49c4d36c076e126fd6712205cee0d24ff9a2d46","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-57B","para":"35-57B","html":"
If all or a portion of a less-than-wholly-owned reporting unit is disposed of, the gain or loss on disposal shall be attributed to the parent and the noncontrolling interest.
","snippet":"If all or a portion of a less-than-wholly-owned reporting unit is disposed of, the gain or loss on disposal shall be attributed to the parent and the noncontrolling interest.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:068ca4d936230853914d39c8fb1bf56ebdb7e430bac4cfddc87f67a92d1bb852","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-58","para":"35-58","html":"
The portion of the difference between the cost of an investment and the amount of underlying equity in net assets of an equity method investee that is recognized as goodwill in accordance with paragraph 323-10-35-13 (equity method goodwill) shall not be amortized.
","snippet":"The portion of the difference between the cost of an investment and the amount of underlying equity in net assets of an equity method investee that is recognized as goodwill in accordance with paragraph 323-10-35-13 (equ…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8efbf55c316a28f47f81038f67ee6b1bb678c0048c7b280cc4c78c1b81d7165d","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-59","para":"35-59","html":"
However, equity method goodwill shall not be reviewed for impairment in accordance with this Subtopic. Equity method investments shall continue to be reviewed for impairment in accordance with paragraph 323-10-35-32.
","snippet":"However, equity method goodwill shall not be reviewed for impairment in accordance with this Subtopic. Equity method investments shall continue to be reviewed for impairment in accordance with paragraph 323-10-35-32.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ac456fb5c33c54f01b0024b09bb90b4d47a168b76b55bc8cc6e6c4d296898607","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-60","para":"35-60","html":"
Paragraph superseded by Accounting Standards Update No. 2014-02.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2014-02.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:858dc3669718c907275f7e3493edde93673eaabdda5b2c6b2b63386dc456ee33","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c768e46ba138ed3d595c879e4d04f7783cae4d301feead1952b891557c84f44f","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":null,"heading":"Deferred Income Taxes","paragraphs":[{"citation":"350-20-35-61","para":"35-61","html":"
Paragraph
805-740-25-3 through 25-4
states that deferred income taxes are not recognized for any portion of goodwill for which amortization is not deductible for income tax purposes. For guidance on recognition of deferred income taxes related to goodwill when amortization of goodwill is deductible for tax purposes, see paragraphs
805-740-25-6 through 25-9
.
","snippet":"Paragraph 805-740-25-3 through 25-4 states that deferred income taxes are not recognized for any portion of goodwill for which amortization is not deductible for income tax purposes. For guidance on recognition of deferr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7cbc6e2ec68b2bb0746c58681471bf57ba49c33063632bfe8e43e219aef71c61","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fbfe3b3c0f28e626fb419ec9f241dfd01baf69ce97fcb33a107b035a8d1b6ce6","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":"Accounting Alternatives","heading":"Accounting Alternative for Amortizing Goodwill","paragraphs":[{"citation":"350-20-35-62","para":"35-62","html":"
The following guidance for goodwill applies to entities within the scope of paragraph 350-20-15-4 that elect the accounting alternative for amortizing goodwill.
","snippet":"The following guidance for goodwill applies to entities within the scope of paragraph 350-20-15-4 that elect the accounting alternative for amortizing goodwill.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f81d531ea429896ecdf8a5664a71595529ed3a177be062da3871d08a9392b488","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-63","para":"35-63","html":"
Goodwill relating to each business combination, acquisition by a not-for-profit entity, joint venture formation, or reorganization event resulting in fresh-start reporting (amortizable unit of goodwill) shall be amortized on a straight-line basis over 10 years, or less than 10 years if the entity demonstrates that another useful life is more appropriate.
","snippet":"Goodwill relating to each business combination, acquisition by a not-for-profit entity, joint venture formation, or reorganization event resulting in fresh-start reporting (amortizable unit of goodwill) shall be amortize…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:727265820422d79700a0abb11e61038d24b6e8da19a6bd8be9e1d15a19c2d739","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-64","para":"35-64","html":"
An entity may revise the remaining useful life of goodwill upon the occurrence of events and changes in circumstances that warrant a revision to the remaining period of amortization. However, the cumulative amortization period for any amortizable unit of goodwill cannot exceed 10 years. If the estimate of the remaining useful life of goodwill is revised, the remaining carrying amount of goodwill shall be amortized prospectively on a straight-line basis over that revised remaining useful life.
","snippet":"An entity may revise the remaining useful life of goodwill upon the occurrence of events and changes in circumstances that warrant a revision to the remaining period of amortization. However, the cumulative amortization …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b60f0485feb95f581f1a84cca0db58d2a4968c802bc9c0170fd3f4cf9f82190","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-65","para":"35-65","html":"
Upon adoption of this accounting alternative, an entity shall make an accounting policy election to test goodwill for impairment at the entity level or the reporting unit level. An entity that elects to perform its impairment tests at the reporting unit level shall refer to paragraphs
350-20-35-33 through 35-38
and paragraphs
350-20-55-1 through 55-9
to determine the reporting units of an entity.
","snippet":"Upon adoption of this accounting alternative, an entity shall make an accounting policy election to test goodwill for impairment at the entity level or the reporting unit level. An entity that elects to perform its impai…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:de511022f6091adb64de155c9ea262ab7cfac0368daf7c19c60911efbc24f5a9","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-66","para":"35-66","html":"
Goodwill of an entity (or a reporting unit) shall be tested for impairment if an event occurs or circumstances change that indicate that the fair value of the entity (or the reporting unit) may be below its carrying amount (a triggering event). Paragraph 350-20-35-3C(a) through (g) includes examples of those events or circumstances. Those examples are not all-inclusive, and an entity shall consider other relevant events and circumstances that affect the fair value or carrying amount of the entity (or of a reporting unit) in determining whether to perform the goodwill impairment test. For those entities that have elected the accounting alternative for a goodwill impairment triggering event evaluation in paragraph 350-20-35-84, a goodwill triggering event evaluation shall be performed only as of the end of each reporting period. If an entity determines that there are no triggering events, then further testing is unnecessary.
","snippet":"Goodwill of an entity (or a reporting unit) shall be tested for impairment if an event occurs or circumstances change that indicate that the fair value of the entity (or the reporting unit) may be below its carrying amou…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c68580298e04febcb897aa1405055b20cc3f572669a72ef0ffdc3d46dd6f5d0f","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-67","para":"35-67","html":"
Upon the occurrence of a triggering event, an entity may assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of the entity (or the reporting unit) is less than its carrying amount, including goodwill. Paragraph 350-20-35-3C(a) through (g) includes examples of those qualitative factors.
","snippet":"Upon the occurrence of a triggering event, an entity may assess qualitative factors to determine whether it is more likely than not (that is, a likelihood of more than 50 percent) that the fair value of the entity (or th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:82e4da0a7a802d51ac520c19de4ce02348a56d24b4f7397f4368f71728f4863a","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-68","para":"35-68","html":"
Because the examples included in paragraph 350-20-35-3C(a) through (g) are not all-inclusive, an entity shall consider other relevant events and circumstances that affect the fair value or carrying amount of the entity (or of the reporting unit) in determining whether to perform the quantitative goodwill impairment test. An entity shall consider the extent to which each of the adverse events and circumstances identified could affect the comparison of its fair value with its carrying amount (or of the reporting unit's fair value with the reporting unit's carrying amount). An entity should place more weight on the events and circumstances that most affect its fair value or the carrying amount of its net assets (or the reporting unit's fair value or the carrying amount of the reporting unit's net assets). An entity also should consider positive and mitigating events and circumstances that may affect its determination of whether it is more likely than not that its fair value is less than its carrying amount (or the fair value of the reporting unit is less than the carrying amount of the reporting unit). If an entity has a recent fair value calculation (or recent fair value calculation for the reporting unit), it also should include that calculation as a factor in its consideration of the difference between the fair value and the carrying amount in reaching its conclusion about whether to perform the quantitative goodwill impairment test.
","snippet":"Because the examples included in paragraph 350-20-35-3C(a) through (g) are not all-inclusive, an entity shall consider other relevant events and circumstances that affect the fair value or carrying amount of the entity (…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4031031b742fe7c8c5cbb927216ff714d358ba9bed7a7db3cea99887ee141a94","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-69","para":"35-69","html":"
An entity shall evaluate, on the basis of the weight of evidence, the significance of all identified events and circumstances in the context of determining whether it is more likely than not that the fair value of the entity (or the reporting unit) is less than its carrying amount. None of the individual examples of events and circumstances included in paragraph 350-20-35-3C(a) through (g) are intended to represent standalone events or circumstances that necessarily require an entity to perform the quantitative goodwill impairment test. 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 goodwill impairment test.
","snippet":"An entity shall evaluate, on the basis of the weight of evidence, the significance of all identified events and circumstances in the context of determining whether it is more likely than not that the fair value of the en…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:36dca88e15243b771a675fdf9725495d63620b0704eb9148da57863efedeb3c5","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-70","para":"35-70","html":"
An entity has an unconditional option to bypass the qualitative assessment described in paragraphs
350-20-35-67 through 35-69
and proceed directly to a quantitative calculation by comparing the entity's (or the reporting unit's) fair value with its carrying amount (see paragraphs
350-20-35-72 through 35-78
). An entity may resume performing the qualitative assessment upon the occurrence of any subsequent triggering events.
","snippet":"An entity has an unconditional option to bypass the qualitative assessment described in paragraphs 350-20-35-67 through 35-69 and proceed directly to a quantitative calculation by comparing the entity's (or the reporting…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2d70ee1e03c7ef6bfb755a19f7a31502fa1f3a67b3398faf2197f0b41131d45a","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-71","para":"35-71","html":"
If, after assessing the totality of events or circumstances such as those described in paragraph 350-20-35-3C(a) through (g), an entity determines that it is not more likely than not that the fair value of the entity (or the reporting unit) is less than its carrying amount, further testing is unnecessary.
","snippet":"If, after assessing the totality of events or circumstances such as those described in paragraph 350-20-35-3C(a) through (g), an entity determines that it is not more likely than not that the fair value of the entity (or…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:809c5029005084fbbbdbd2bcb1209f7862198ef1b7b82e08c430a0e800df7bac","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-72","para":"35-72","html":"
If, after assessing the totality of events or circumstances such as those described in paragraph 350-20-35-3C(a) through (g), an entity determines that it is more likely than not that the fair value of the entity (or the reporting unit) is less than its carrying amount or if the entity elected to bypass the qualitative assessment in paragraphs
350-20-35-67 through 35-69
, the entity shall determine the fair value of the entity (or the reporting unit) and compare the fair value of the entity (or the reporting unit) with its carrying amount, including goodwill. A goodwill impairment loss shall be recognized if the carrying amount of the entity (or the reporting unit) exceeds its fair value.
","snippet":"If, after assessing the totality of events or circumstances such as those described in paragraph 350-20-35-3C(a) through (g), an entity determines that it is more likely than not that the fair value of the entity (or the…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:716174a6462a3b1eeef8fba0f9035450c881120efb2c710d0ee473051eee64f4","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-73","para":"35-73","html":"
A goodwill impairment loss, if any, shall be measured as the amount by which the carrying amount of an entity (or a reporting unit) including goodwill exceeds its fair value, limited to the total amount of goodwill of the entity (or allocated to the reporting unit). Additionally, an entity shall consider the income tax effect from any tax deductible goodwill on the carrying amount of the entity (or the reporting unit), if applicable, in accordance with paragraph 350-20-35-8B when measuring the goodwill impairment loss. See Example 2A in paragraph 350-20-55-23A for an illustration.
","snippet":"A goodwill impairment loss, if any, shall be measured as the amount by which the carrying amount of an entity (or a reporting unit) including goodwill exceeds its fair value, limited to the total amount of goodwill of th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b8c46a9d29a66f4675f31ba930208dad9c0671edcd7500df15fa7bf3626d5e6d","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-74","para":"35-74","html":"
The guidance in paragraphs
350-20-35-22 through 35-27
shall be considered in determining the fair value of the entity (or the reporting unit).
","snippet":"The guidance in paragraphs 350-20-35-22 through 35-27 shall be considered in determining the fair value of the entity (or the reporting unit).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b0ee16c7304a231cbe59f98cf4f2c7773ec7311c46914346f3c192617f17c884","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-75","para":"35-75","html":"
The guidance in paragraphs
350-20-35-39 through 35-44
shall be considered in assigning acquired assets (including goodwill) and assumed liabilities to the reporting unit when determining the carrying amount of a reporting unit.
","snippet":"The guidance in paragraphs 350-20-35-39 through 35-44 shall be considered in assigning acquired assets (including goodwill) and assumed liabilities to the reporting unit when determining the carrying amount of a reportin…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6ae270665db26204f296af2eedff019271b6996ec2cfcbcbc74b8d05b2a4bdd8","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-76","para":"35-76","html":"
For an entity subject to the requirements of Topic 740 on income taxes, when determining the carrying amount of an entity (or a reporting unit), deferred income taxes shall be included in the carrying amount of an entity (or the reporting unit), regardless of whether the fair value of the entity (or the reporting unit) will be determined assuming it would be bought or sold in a taxable or nontaxable transaction.
","snippet":"For an entity subject to the requirements of Topic 740 on income taxes, when determining the carrying amount of an entity (or a reporting unit), deferred income taxes shall be included in the carrying amount of an entity…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d48892dccf4f6248264f5b69d698720e3ecfb01989277508d42b790e426c7827","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-77","para":"35-77","html":"
The goodwill impairment loss, if any, shall be allocated to individual amortizable units of goodwill of the entity (or the reporting unit) on a pro rata basis using their relative carrying amounts or using another reasonable and rational basis.
","snippet":"The goodwill impairment loss, if any, shall be allocated to individual amortizable units of goodwill of the entity (or the reporting unit) on a pro rata basis using their relative carrying amounts or using another reason…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e632ca9215072c2f5f16eab80ee79ecf33dea4f42e049a2829d8232927bfebdf","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-78","para":"35-78","html":"
After a goodwill impairment loss is recognized, the adjusted carrying amount of goodwill shall be its new accounting basis, which shall be amortized over the remaining useful life of goodwill. Subsequent reversal of a previously recognized goodwill impairment loss is prohibited.
","snippet":"After a goodwill impairment loss is recognized, the adjusted carrying amount of goodwill shall be its new accounting basis, which shall be amortized over the remaining useful life of goodwill. Subsequent reversal of a pr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:328fc41670d3ad1716b91f68cb261b2eea3f08d353067a0ea0bb3665e6ef3f60","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-79","para":"35-79","html":"
If goodwill and another asset (or asset group) of the entity (or the reporting unit) are tested for impairment at the same time, the other asset (or asset group) shall be tested for impairment before goodwill. For example, if a significant asset group is to be tested for impairment under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10 on property, plant, and equipment (thus potentially requiring a goodwill impairment test), the impairment test for the significant asset group would be performed before the goodwill impairment test. If the asset group is impaired, the impairment loss would be recognized prior to goodwill being tested for impairment.
","snippet":"If goodwill and another asset (or asset group) of the entity (or the reporting unit) are tested for impairment at the same time, the other asset (or asset group) shall be tested for impairment before goodwill. For exampl…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:00fa7dca1df96ef5fac53af128ac5b77f5ff04f89f23e91bc066d440fefb9409","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-80","para":"35-80","html":"
The requirement in the preceding paragraph applies to all assets that are tested for impairment, not just those included in the scope of the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.
","snippet":"The requirement in the preceding paragraph applies to all assets that are tested for impairment, not just those included in the scope of the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9d8e06a77845cd0e5769586eeecdca17041e1b05d00383cdbc814e4dc762be01","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-81","para":"35-81","html":"
The portion of the difference between the cost of an investment and the amount of underlying equity in net assets of an equity method investee that is recognized as goodwill in accordance with paragraph 323-10-35-13 (equity method goodwill) shall be amortized on a straight-line basis over 10 years, or less than 10 years if the entity demonstrates that another useful life is more appropriate.
","snippet":"The portion of the difference between the cost of an investment and the amount of underlying equity in net assets of an equity method investee that is recognized as goodwill in accordance with paragraph 323-10-35-13 (equ…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a17394371dec3c0e4a2e8ed93b6f82936f23a28daabbcf3770968d305375bfa5","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-82","para":"35-82","html":"
However, equity method goodwill shall not be reviewed for impairment in accordance with this Subtopic. Equity method investments shall continue to be reviewed for impairment in accordance with paragraph 323-10-35-32.
","snippet":"However, equity method goodwill shall not be reviewed for impairment in accordance with this Subtopic. Equity method investments shall continue to be reviewed for impairment in accordance with paragraph 323-10-35-32.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5e4c69eeb16cab0bc85963fb5d97ed5f87d4ac5c79cee306222f331821cacada","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a289f2ce77d29d2091c8d3ba982f0334ba30b366f271b77009eda7b6bc71d0a3","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"block":"Accounting Alternatives","heading":"Accounting Alternative for a Goodwill Impairment Triggering Event Evaluation","paragraphs":[{"citation":"350-20-35-83","para":"35-83","html":"
The following guidance for goodwill applies to entities within the scope of paragraph 350-20-15-4A that elect the accounting alternative for a goodwill impairment triggering event evaluation.
","snippet":"The following guidance for goodwill applies to entities within the scope of paragraph 350-20-15-4A that elect the accounting alternative for a goodwill impairment triggering event evaluation.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1c0b4cad7079d91b30e307e3bd44c44e6a8ed1251d89b801cd83f00a2764b69a","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-84","para":"35-84","html":"
An entity may elect to perform its goodwill impairment triggering event evaluation only as of the end of each reporting period, whether the reporting period is an interim or annual period. That is, the entity would not evaluate goodwill impairment triggering events and measure any related impairment during the reporting period. An entity electing the accounting alternative shall assess whether events or circumstances have occurred that would require an entity to test goodwill for impairment as follows:
  1. a
    For an entity that has elected the accounting alternative for amortizing goodwill, the entity's evaluation of a triggering event, as described in paragraph 350-20-35-66, shall be performed only as of each reporting date.
  2. b
    For an entity that has not elected the accounting alternative for amortizing goodwill:
    1. 1
      If the entity performs its annual goodwill impairment test as of the end of the reporting period, the entity shall not evaluate its goodwill for impairment during the reporting period as described in paragraph 350-20-35-30.
    2. 2
      If the entity performs its annual goodwill impairment test on a date other than the end of the reporting period (in accordance with paragraph 350-20-35-28), the entity's evaluation of impairment between annual goodwill impairment tests (as described in paragraph 350-20-35-30) shall be performed only as of the end of a reporting period.
","snippet":"An entity may elect to perform its goodwill impairment triggering event evaluation only as of the end of each reporting period, whether the reporting period is an interim or annual period. That is, the entity would not e…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ed4b400c4ac8a66d7892c1f2e2585b8c23b3a686701381b2a9492a07c22498be","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-85","para":"35-85","html":"
An entity electing this accounting alternative shall apply it only to goodwill evaluated in accordance with this Subtopic. This accounting alternative does not change the following:
  1. a
    The requirement to assess other assets for impairment (for example, long-lived assets and indefinite-lived intangibles) under existing guidance. If the impairment test related to other assets would have resulted in a goodwill impairment triggering event, an entity electing this accounting alternative should consider the results of an impairment test related to other assets in connection with its goodwill impairment test only as of its annual goodwill impairment testing date and the reporting date, whether that date is an interim or annual reporting date, as applicable.
  2. b
    The requirements to test the remaining goodwill for impairment if only a portion of goodwill is allocated to a business or nonprofit activity to be disposed of in accordance with paragraph 350-20-40-7.
","snippet":"An entity electing this accounting alternative shall apply it only to goodwill evaluated in accordance with this Subtopic. This accounting alternative does not change the following:\n(a) The requirement to assess other as…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0336f1831cbd04d5ac48da94284d235976761918bc58eaebac0883876043074c","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"citation":"350-20-35-86","para":"35-86","html":"
An entity shall not apply this guidance retroactively to interim periods for which annual financial statements have already been issued.
","snippet":"An entity shall not apply this guidance retroactively to interim periods for which annual financial statements have already been issued.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2c2bc09d23657ca504d3bec83fb183fc8df784002cfc4f7a9faa8fd6bfaf15dd","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8e4ef119950ea2e1100b5a6451cf430e99077aab11c9f3771d0b9832a8f5dc7e","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7dc68c5a1fe42f691b878948cc27f94e4c74a6f94837deb0ad01463080f6fdf4","downloaded_from":"2026-09-10T00:00:53.776Z","last_downloaded_at":"2026-09-10T00:00:53.776Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482646","source_sha256":"377794d0eadbbda25bbd1ed6ef7dc509928162a3e2d4f57edfc5a89b414c894a"}},{"number":"40","label":"40 Derecognition","anchor":"40-derecognition","is_sec":false,"groups":[{"block":null,"heading":"Disposal of All or a Portion of a Reporting Unit","paragraphs":[{"citation":"350-20-40-1","para":"40-1","html":"
When a reporting unit is to be disposed of in its entirety, goodwill of that reporting unit shall be included in the carrying amount of the reporting unit in determining the gain or loss on disposal.
","snippet":"When a reporting unit is to be disposed of in its entirety, goodwill of that reporting unit shall be included in the carrying amount of the reporting unit in determining the gain or loss on disposal.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:939c706a8a91635b0441c60f487b809f0a296076a2f77c6b9450d924b05d6ea8","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}},{"citation":"350-20-40-2","para":"40-2","html":"
When a portion of a reporting unit that constitutes a business (see Section 805-10-55) or nonprofit activityis to be disposed of, goodwill associated with that business or nonprofit activity shall be included in the carrying amount of the business or nonprofit activity in determining the gain or loss on disposal.
","snippet":"When a portion of a reporting unit that constitutes a business (see Section 805-10-55) or nonprofit activityis to be disposed of, goodwill associated with that business or nonprofit activity shall be included in the carr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f11f5c2fef2080122f5f4eee679515820771cde60873ef13ac7c6170165cfd10","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}},{"citation":"350-20-40-3","para":"40-3","html":"
The amount of goodwill to be included in that carrying amount shall be based on the relative fair values of the business or nonprofit activity to be disposed of and the portion of the reporting unit that will be retained. For example, if a reporting unit with a fair value of $400 is selling a business or nonprofit activity for $100 and the fair value of the reporting unit excluding the business or nonprofit activity being sold is $300, 25 percent of the goodwill residing in the reporting unit would be included in the carrying amount of the business or nonprofit activity to be sold.
","snippet":"The amount of goodwill to be included in that carrying amount shall be based on the relative fair values of the business or nonprofit activity to be disposed of and the portion of the reporting unit that will be retained…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:465305fd35513e01a02cde048c0d93490332dc86610e89b09df1d7789d9d9994","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}},{"citation":"350-20-40-4","para":"40-4","html":"
However, if the business or nonprofit activity to be disposed of was never integrated into the reporting unit after its acquisition and thus the benefits of the acquired goodwill were never realized by the rest of the reporting unit, the current carrying amount of that acquired goodwill shall be included in the carrying amount of the business or nonprofit activity to be disposed of.
","snippet":"However, if the business or nonprofit activity to be disposed of was never integrated into the reporting unit after its acquisition and thus the benefits of the acquired goodwill were never realized by the rest of the re…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6d4259aeea52ba721a91157d19169aa4010921c02d9de1e36f36a00d11e0be51","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}},{"citation":"350-20-40-5","para":"40-5","html":"
That situation might occur when the acquired business or nonprofit activity is operated as a standalone entity or when the business or nonprofit activity is to be disposed of shortly after it is acquired.
","snippet":"That situation might occur when the acquired business or nonprofit activity is operated as a standalone entity or when the business or nonprofit activity is to be disposed of shortly after it is acquired.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:073ff5d28997bb2756a86980b01900009a27165a3eabde27e5f5c524b8c0c4c5","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}},{"citation":"350-20-40-6","para":"40-6","html":"
Situations in which the acquired business or nonprofit activity is operated as a standalone entity are expected to be infrequent because some amount of integration generally occurs after an acquisition.
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When only a portion of goodwill is allocated to a business or nonprofit activity to be disposed of, the goodwill remaining in the portion of the reporting unit to be retained shall be tested for impairment in accordance with paragraphs
350-20-35-3A through 35-13
using its adjusted carrying amount.
","snippet":"When only a portion of goodwill is allocated to a business or nonprofit activity to be disposed of, the goodwill remaining in the portion of the reporting unit to be retained shall be tested for impairment in accordance …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:93dacb57e129c1a59d614d49f61dbe7a37888328be48d1b012b05d02e084457b","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c901fb79dc4c20b19d0da5b37469da911be8ca309bf32235ef2871562e01766e","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}},{"block":"Accounting Alternatives","heading":null,"paragraphs":[{"citation":"350-20-40-8","para":"40-8","html":"
The following guidance for goodwill applies to entities within the scope of paragraph 350-20-15-4 that elect the accounting alternative for amortizing goodwill.
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When a portion of an entity (or a reporting unit) that constitutes a business or nonprofit activity is to be disposed of, goodwill associated with that business or nonprofit activity shall be included in the carrying amount of the business or nonprofit activity in determining the gain or loss on disposal. An entity shall use a reasonable and rational approach to determine the amount of goodwill associated with the business or nonprofit activity to be disposed of.
","snippet":"When a portion of an entity (or a reporting unit) that constitutes a business or nonprofit activity is to be disposed of, goodwill associated with that business or nonprofit activity shall be included in the carrying amo…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bdece50677911f9edc472b78178051692ef25ed838ec93eb107f476580fd99c4","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cf6f800bdfede291e61f781dd970d4a7d601b661a20b45088ee8ecec2ae6b5c8","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d4ad681847b9dff5beb34070cd2a9ff3d0360ac76e74358efe64ba0773e0e08c","downloaded_from":"2026-09-10T00:00:57.352Z","last_downloaded_at":"2026-09-10T00:00:57.352Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482622","source_sha256":"cec87eb93bf712273ba065be01d53e9d69a6b071b59163802737a9f84a20806c"}},{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-20-45-1","para":"45-1","html":"
The aggregate amount of goodwill shall be presented as a separate line item in the statement of financial position.
","snippet":"The aggregate amount of goodwill shall be presented as a separate line item in the statement of financial position.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4cbbeca458afeac0c8074008befada8b9b22ac0b88e53734b23476fe6a1115d8","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-2","para":"45-2","html":"
The aggregate amount of goodwill impairment losses shall be presented as a separate line item in the income statement before the subtotal income from continuing operations (or similar caption) unless a goodwill impairment loss is associated with a discontinued operation.
","snippet":"The aggregate amount of goodwill impairment losses shall be presented as a separate line item in the income statement before the subtotal income from continuing operations (or similar caption) unless a goodwill impairmen…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3fbe6d648e9545155745b894afa85a86cd07f605e9314ba89c15d927b913334","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-3","para":"45-3","html":"
A goodwill impairment loss associated with a discontinued operation shall be included (on a net-of-tax basis) within the results of discontinued operations. For guidance on reporting discontinued operations, see Subtopic 205-20.
","snippet":"A goodwill impairment loss associated with a discontinued operation shall be included (on a net-of-tax basis) within the results of discontinued operations. For guidance on reporting discontinued operations, see Subtopic…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d71ec4d816018d09efa0a4af777a85801008e4f5cc39f2902414371ad0b86b60","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0becad05b41b6af102e425af4787b642f052aa468d2d9af04b2e7de5007c77ba","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"block":"Accounting Alternatives","heading":null,"paragraphs":[{"citation":"350-20-45-4","para":"45-4","html":"
The following guidance for goodwill applies to entities within the scope of paragraph 350-20-15-4 that elect the accounting alternative for amortizing goodwill.
","snippet":"The following guidance for goodwill applies to entities within the scope of paragraph 350-20-15-4 that elect the accounting alternative for amortizing goodwill.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4ff05cc13e74da82585e01e256e932f32627ddd4fed8e9180b3ee9afe652c447","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-5","para":"45-5","html":"
The aggregate amount of goodwill net of accumulated amortization and impairment shall be presented as a separate line item in the statement of financial position.
","snippet":"The aggregate amount of goodwill net of accumulated amortization and impairment shall be presented as a separate line item in the statement of financial position.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3d326c15155bf3b516fa12e0ebd8f0ecc890d510574c021406a4a82c880b301b","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-6","para":"45-6","html":"
The amortization and aggregate amount of impairment of goodwill shall be presented in income statement or statement of activities line items within continuing operations (or similar caption) unless the amortization or a goodwill impairment loss is associated with a discontinued operation.
","snippet":"The amortization and aggregate amount of impairment of goodwill shall be presented in income statement or statement of activities line items within continuing operations (or similar caption) unless the amortization or a …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6354e81231d84a115013098e3d2f4236399955535ac76da4b71006747d218e36","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"citation":"350-20-45-7","para":"45-7","html":"
The amortization and impairment of goodwill associated with a discontinued operation shall be included (on a net-of-tax basis) within the results of discontinued operations.
","snippet":"The amortization and impairment of goodwill associated with a discontinued operation shall be included (on a net-of-tax basis) within the results of discontinued operations.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:227f1f44763828360b5661d6d880c7d946c975197652cec5b934db9941edfd02","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b668a79efc1ab5d54557370ca4124b7cc65aa648f84c5ca114b1ec57223a282","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6a9f93b2c8f9114c3f3e0fcee5133e6d0cdc82195e2a97a480dd47924eaedbbf","downloaded_from":"2026-09-10T00:00:59.231Z","last_downloaded_at":"2026-09-10T00:00:59.231Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482598","source_sha256":"94bf8bec547079c3970bb905e5dc970923e3f68ae31833f4fd99ca2035e32a85"}},{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"Information for Each Period for Which a Statement of Financial Position Is Presented","paragraphs":[{"citation":"350-20-50-1","para":"50-1","html":"
The changes in the carrying amount of goodwill during the period shall be disclosed, showing separately (see Example 3 [paragraph 350-20-55-24]):
  1. a
    The gross amount and accumulated impairment losses at the beginning of the period
  2. b
    Additional goodwill recognized during the period, except goodwill included in a disposal group that, on acquisition, meets the criteria to be classified as held for sale in accordance with paragraph 360-10-45-9
  3. c
    Adjustments resulting from the subsequent recognition of deferred tax assets during the period in accordance with paragraphs
    805-740-25-2 through 25-4
    and 805-740-45-2
  4. d
    Goodwill included in a disposal group classified as held for sale in accordance with paragraph 360-10-45-9 and goodwill derecognized during the period without having previously been reported in a disposal group classified as held for sale
  5. e
    Impairment losses recognized during the period in accordance with this Subtopic
  6. f
    Net exchange differences arising during the period in accordance with Topic 830
  7. g
    Any other changes in the carrying amounts during the period
  8. h
    The gross amount and accumulated impairment losses at the end of the period.
Entities that report segment information in accordance with Topic 280 shall provide the above information about goodwill in total and for each reportable segment and shall disclose any significant changes in the allocation of goodwill by reportable segment. If any portion of goodwill has not yet been allocated to a reporting unit at the date the financial statements are issued, that unallocated amount and the reasons for not allocating that amount shall be disclosed.
","snippet":"The changes in the carrying amount of goodwill during the period shall be disclosed, showing separately (see Example 3 [paragraph 350-20-55-24]):\n(a) The gross amount and accumulated impairment losses at the beginning of…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0861d7ea71cb634eff70552cc77e0e9d6aa5920c81f345fbe056328714a8743f","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"citation":"350-20-50-1A","para":"50-1A","html":"
Entities that have one or more reporting units with zero or negative carrying amounts of net assets shall disclose those reporting units with allocated goodwill and the amount of goodwill allocated to each and in which reportable segment the reporting unit is included.
","snippet":"Entities that have one or more reporting units with zero or negative carrying amounts of net assets shall disclose those reporting units with allocated goodwill and the amount of goodwill allocated to each and in which r…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f89681abf552e6eea261a5cce15968b5368d00974e9b29e8361aa89aee010868","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b75bfdbf2cd9a42a5cb3df57fbbcca17fff474939f9f208f53d375861d13ae4","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":null,"heading":"Goodwill Impairment Loss","paragraphs":[{"citation":"350-20-50-2","para":"50-2","html":"
For each goodwill impairment loss recognized, all of the following information shall be disclosed in the notes to the financial statements that include the period in which the impairment loss is recognized:
  1. a
    A description of the facts and circumstances leading to the impairment
  2. b
    The amount of the impairment loss and the method of determining the fair value of the associated reporting unit (whether based on quoted market prices, prices of comparable businesses or nonprofit activities, a present value or other valuation technique, or a combination thereof)
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2017-04.
","snippet":"For each goodwill impairment loss recognized, all of the following information shall be disclosed in the notes to the financial statements that include the period in which the impairment loss is recognized:\n(a) A descrip…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:344329aa8cb7f04e528da132a723952531be132019aced4350db8cf99f764595","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"citation":"350-20-50-3","para":"50-3","html":"
The quantitative disclosures 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) are not required for fair value measurements related to the financial accounting and reporting for goodwill after its initial recognition in a business combination.
","snippet":"The quantitative disclosures 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) are not required for fair v…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:871229ebe3ed9eb6d0e30cd7a415fe031f01a7beab9520dc5d1263e703c87465","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fbc72af878360c5d69c013567bde57e393310b4999df417a7ffb51364559f0f7","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":"Accounting Alternatives","heading":null,"paragraphs":[{"citation":"350-20-50-3A","para":"50-3A","html":"
The information in paragraphs
350-20-50-4 through 50-7
shall be disclosed in the notes to financial statements for any entity within the scope of paragraph 350-20-15-4 that elects the accounting alternative for amortizing goodwill.
","snippet":"The information in paragraphs 350-20-50-4 through 50-7 shall be disclosed in the notes to financial statements for any entity within the scope of paragraph 350-20-15-4 that elects the accounting alternative for amortizin…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3eb4460d676f8d107243556695fc0752864d7333c3bab2263631d38913fe5cb9","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"citation":"350-20-50-3B","para":"50-3B","html":"
An entity within the scope of paragraph 350-20-15-4A that elects the accounting alternative for a goodwill impairment triggering event evaluation shall disclose its use of the alternative as a significant accounting policy in accordance with paragraph 235-10-50-1.
","snippet":"An entity within the scope of paragraph 350-20-15-4A that elects the accounting alternative for a goodwill impairment triggering event evaluation shall disclose its use of the alternative as a significant accounting poli…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:05479782039b8c60fc973a18d1d4c5dde7b03b65871c35ff13ad79e233e2450d","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c0ca968607a46743ac9ee5c3deec0488d328bf8b5cb449e0424392a2ef86f1ae","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":"Accounting Alternatives","heading":"Disclosures about Additions to Goodwill","paragraphs":[{"citation":"350-20-50-4","para":"50-4","html":"
The following information shall be disclosed in the notes to financial statements for any additions to goodwill in each period for which a statement of financial position is presented:
  1. a
    The amount assigned to goodwill in total and by major business combination, by major acquisition by a not-for-profit entity, by joint venture formation, or by reorganization event resulting in fresh-start reporting
  2. b
    The weighted-average amortization period in total and the amortization period by major business combination, by major acquisition by a not-for-profit entity, by joint venture formation, or by reorganization event resulting in fresh-start reporting.
","snippet":"The following information shall be disclosed in the notes to financial statements for any additions to goodwill in each period for which a statement of financial position is presented:\n(a) The amount assigned to goodwill…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b05870ad1d8bdf9713c0737627c133b418f5278923bc80d5cf5a6afe378f2955","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5536f8d747e37a7958717fe37a99711ff5a30dab9b4ed91f0e1b2130fbd11a27","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":"Accounting Alternatives","heading":"Information for Each Period for Which a Statement of Financial Position Is Presented","paragraphs":[{"citation":"350-20-50-5","para":"50-5","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
    The gross carrying amounts of goodwill, accumulated amortization, and accumulated impairment loss
  2. b
    The aggregate amortization expense for the period
  3. c
    Goodwill included in a disposal group classified as held for sale in accordance with paragraph 360-10-45-9 and goodwill derecognized during the period without having previously been reported in a disposal group classified as held for sale.
","snippet":"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:\n(a) The gross carrying amounts of go…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b4ec47ebdb038e53dccdebd056f78f481a0c247886d93a57791b5c9dc7f5256","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8b143b4aec9ad94fa039cc2389f6e0e9b7ad429d922b75dcb93fbee5db6c5c9e","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"block":"Accounting Alternatives","heading":"Goodwill Impairment Loss","paragraphs":[{"citation":"350-20-50-6","para":"50-6","html":"
For each goodwill impairment loss recognized, 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 facts and circumstances leading to the impairment
  2. b
    The amount of the impairment loss and the method of determining the fair value of the entity or the reporting unit (whether based on prices of comparable businesses or nonprofit activities, a present value or other valuation technique, or a combination of those methods)
  3. c
    The caption in the income statement or statement of activities in which the impairment loss is included
  4. d
    The method of allocating the impairment loss to the individual amortizable units of goodwill.
","snippet":"For each goodwill impairment loss recognized, the following information shall be disclosed in the notes to financial statements that include the period in which the impairment loss is recognized:\n(a) A description of the…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d3f87f4ba863e9f67a77613963d4dc10e1682c3ec0dfdcf001ee90683f724ed0","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"citation":"350-20-50-7","para":"50-7","html":"
The quantitative disclosures 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) are not required for fair value measurements related to the financial accounting and reporting for goodwill after its initial recognition in a business combination, an acquisition by not-for-profit entity, or a joint venture formation.
","snippet":"The quantitative disclosures 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) are not required for fair v…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ff542de6f714cb4c8b4c41ec1690f0001ab39587f5654f0600d41337562f7a62","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5d09aeca5cb3ffa97a759cbbeb0095751d230fbe1a8d070459d3b4a3204f5d1b","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1a7a1d7b8c2fede0ad959474ca652e4e8a40c783cf859c8c5534ead2b9948ab2","downloaded_from":"2026-09-10T00:01:20.846Z","last_downloaded_at":"2026-09-10T00:01:20.846Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482573","source_sha256":"b7abe7601c5c0050f4a4c9fe985edb4bb2593feefbeb1ac8d1383e0dd4303903"}},{"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":"350-20-55-1","para":"55-1","html":"
Determining whether a component of an operating segment is a reporting unit is a matter of judgment based on an entity's individual facts and circumstances. Although paragraphs
350-20-35-33 through 35-35
includes a number of characteristics that must be present for a component of an operating segment to be a reporting unit, no single factor or characteristic is determinative. How an entity manages its operations and how an acquired entity is integrated with the acquiring entity are key to determining the reporting units of the entity.
","snippet":"Determining whether a component of an operating segment is a reporting unit is a matter of judgment based on an entity's individual facts and circumstances. Although paragraphs 350-20-35-33 through 35-35 includes a numbe…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3c24e22c2e28bfe7f3242839f5f9fd323a1bbea0d8df9d9823a32594977c5b10","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-2","para":"55-2","html":"
The characteristics identified in paragraphs
350-20-35-33 through 35-35
that must be present for a component to be a reporting unit are discussed in the following implementation guidance.
","snippet":"The characteristics identified in paragraphs 350-20-35-33 through 35-35 that must be present for a component to be a reporting unit are discussed in the following implementation guidance.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1c97effb62428e76f00e905bc148fe18e19dfa405f5e1417e6ea89c1f52fb666","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-3","para":"55-3","html":"
The determination of whether a component constitutes a business or a nonprofit activity requires judgment based on specific facts and circumstances. The guidance in Section 805-10-55 should be considered in determining whether a group of assets constitutes a business or a nonprofit activity.
","snippet":"The determination of whether a component constitutes a business or a nonprofit activity requires judgment based on specific facts and circumstances. The guidance in Section 805-10-55 should be considered in determining w…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e7c6e07473ebce90c3aa5ca9eac5aa06803fd18ca28d23619b32e97acc3a888d","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-4","para":"55-4","html":"
The term discrete financial information should be applied in the same manner that it is applied in determining operating segments in accordance with paragraph 280-10-50-1. That guidance indicates that it is not necessary that assets be allocated for a component to be considered an operating segment (that is, no balance sheet is required). Thus, discrete financial information can constitute as little as operating information. Therefore, in order to test goodwill for impairment in accordance with this Subtopic, an entity may be required to assign assets and liabilities to reporting units (consistent with the guidance in paragraphs
350-20-35-39 through 35-40
).
","snippet":"The term discrete financial information should be applied in the same manner that it is applied in determining operating segments in accordance with paragraph 280-10-50-1. That guidance indicates that it is not necessary…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c9c921c79be12f3d8587d0cfc956c6cc4a11d44a20ddf9a2bfc25d136c674d4a","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-5","para":"55-5","html":"
Segment management, as defined in paragraphs
280-10-50-7 through 50-8
, is either a level below or the same level as the chief operating decision maker. According to Topic 280, a segment manager is directly accountable to and maintains regular contact with the chief operating decision maker to discuss operating activities, financial results, forecasts, or plans for the segment. The approach used in this Subtopic to determine reporting units is similar to the one used to determine operating segments; however, this Subtopic focuses on how operating segments are managed rather than how the entity as a whole is managed; that is, reporting units should reflect the way an entity manages its operations.
","snippet":"Segment management, as defined in paragraphs 280-10-50-7 through 50-8, is either a level below or the same level as the chief operating decision maker. According to Topic 280, a segment manager is directly accountable to…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d19d7e7571b7c0e1112d2017af66a6929bbbafcac33dd723bf2c39b79be12b70","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-6","para":"55-6","html":"
Evaluating whether two components have similar economic characteristics is a matter of judgment that depends on specific facts and circumstances. That assessment should be more qualitative than quantitative.
","snippet":"Evaluating whether two components have similar economic characteristics is a matter of judgment that depends on specific facts and circumstances. That assessment should be more qualitative than quantitative.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:64130bd2a4de7e48511a6e6fb9a1f238ae4c503803a7b8db10003883253ed8b4","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-7","para":"55-7","html":"
In determining whether the components of an operating segment have similar economic characteristics, all of the factors in paragraph 280-10-50-11 should be considered. However, every factor need not be met in order for two components to be considered economically similar. In addition, the determination of whether two components are economically similar need not be limited to consideration of the factors described in that paragraph. In determining whether components should be combined into one reporting unit based on their economic similarities, factors that should be considered in addition to those in that paragraph include but are not limited to, the following:
  1. a
    The manner in which an entity operates its business or nonprofit activity and the nature of those operations
  2. b
    Whether goodwill is recoverable from the separate operations of each component business (or nonprofit activity) or from two or more component businesses (or nonprofit activities) working in concert (which might be the case if the components are economically interdependent)
  3. c
    The extent to which the component businesses (or nonprofit activities) share assets and other resources, as might be evidenced by extensive transfer pricing mechanisms
  4. d
    Whether the components support and benefit from common research and development projects.
The fact that a component extensively shares assets and other resources with other components of the operating segment may be an indication that the component either is not a business or nonprofit activity or it may be economically similar to those other components.
","snippet":"In determining whether the components of an operating segment have similar economic characteristics, all of the factors in paragraph 280-10-50-11 should be considered. However, every factor need not be met in order for t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:de6317634de6be1bdfd8b59ab7f8268e7acbee5cc5a3e2813fee19591c1bb13f","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-8","para":"55-8","html":"
Components that share similar economic characteristics but relate to different operating segments may not be combined into a single reporting unit. For example, an entity might have organized its operating segments on a geographic basis. If its three operating segments (Americas, Europe, and Asia) each have two components (A and B) that are dissimilar to each other but similar to the corresponding components in the other operating segments, the entity would not be permitted to combine component A from each of the operating segments to make reporting unit A.
","snippet":"Components that share similar economic characteristics but relate to different operating segments may not be combined into a single reporting unit. For example, an entity might have organized its operating segments on a …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8bdf5cea635c0c680b7c652d2638ebb11400f400387833d3e8e0a36ad893d557","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-9","para":"55-9","html":"
If two operating segments have been aggregated into a reportable segment by applying the aggregation criteria in paragraph 280-10-50-11, it would be possible for one or more of those components to be economically dissimilar from the other components and thus be a reporting unit for purposes of testing goodwill for impairment. That situation might occur if an entity's operating segments are based on geographic areas. The following points need to be considered in addressing this circumstance:
  1. a
    The determination of reporting units under this Subtopic begins with the definition of an operating segment in paragraph 280-10-50-1 and considers disaggregating that operating segment into economically dissimilar components for the purpose of testing goodwill for impairment. The determination of reportable segments under Topic 280 also begins with an operating segment, but considers whether certain economically similar operating segments should be aggregated into a single operating segment or into a reportable segment.
  2. b
    The level at which operating performance is reviewed differs between this Subtopic and Topic 280. It is the chief operating decision maker who reviews operating segments and the segment manager who reviews reporting units (components of operating segments). Therefore, a component of an operating segment would not be considered an operating segment for purposes of that Topic unless the chief operating decision maker regularly reviews its operating performance; however, that same component might be a reporting unit under this Subtopic if a segment manager regularly reviews its operating performance (and if other reporting unit criteria are met).
","snippet":"If two operating segments have been aggregated into a reportable segment by applying the aggregation criteria in paragraph 280-10-50-11, it would be possible for one or more of those components to be economically dissimi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f398a1175401c159ddde672f29cd18e35d4147a33872b63c66b6c86f7f9734ed","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:41d816a3a13cc82cc4d3e94c175a4a2c0f5db81badcf04da5ee41bca8123dd62","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"block":null,"heading":"Illustrations","paragraphs":[{"citation":"350-20-55-10","para":"55-10","html":"
This Example illustrates the effect of a nontaxable transaction on the impairment test of goodwill. The Example may not necessarily be indicative of actual income tax liabilities that would arise in the sale of a reporting unit or the relationship of those liabilities in a taxable versus nontaxable structure.
","snippet":"This Example illustrates the effect of a nontaxable transaction on the impairment test of goodwill. The Example may not necessarily be indicative of actual income tax liabilities that would arise in the sale of a reporti…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6a1e7e3254689750f32064bce88a54edbf20e572208b30593b0e702d649c24c0","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-11","para":"55-11","html":"
Entity A is performing a goodwill impairment test relative to Reporting Unit at December 31, 20X2. Reporting Unit has the following assets and liabilities:
  1. a
    Net assets (excluding goodwill and deferred income taxes) of $60 with a tax basis of $35
  2. b
    Goodwill of $40
  3. c
    Net deferred tax liabilities of $10.
","snippet":"Entity A is performing a goodwill impairment test relative to Reporting Unit at December 31, 20X2. Reporting Unit has the following assets and liabilities:\n(a) Net assets (excluding goodwill and deferred income taxes) of…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3a8c13a0e6704e37e346706d39c440f0a05747981e2be26996817f167569ca91","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-12","para":"55-12","html":"
Entity A believes that it is feasible to sell Reporting Unit in either a nontaxable or a taxable transaction. Entity A could sell Reporting Unit for $80 in a nontaxable transaction or $90 in a taxable transaction. If Reporting Unit were sold in a nontaxable transaction, Entity A would have a current tax payable resulting from the sale of $10. Assuming a tax rate of 40 percent, if Reporting Unit were sold in a taxable transaction, Entity A would have a current tax payable resulting from the sale of $22 ([$90 - 35] × 40%).
","snippet":"Entity A believes that it is feasible to sell Reporting Unit in either a nontaxable or a taxable transaction. Entity A could sell Reporting Unit for $80 in a nontaxable transaction or $90 in a taxable transaction. If Rep…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0c9464e243b9e3cd737683e5c7d6e4cbad48ed1f83e32fefa3bf77773175aa4c","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-13","para":"55-13","html":"
In the quantitative impairment test in paragraphs
350-20-35-4 through 35-8
, Entity A concludes that market participants would act in their economic best interest by selling Reporting Unit in a nontaxable transaction based on the following evaluation of its expected after-tax proceeds.
","snippet":"In the quantitative impairment test in paragraphs 350-20-35-4 through 35-8, Entity A concludes that market participants would act in their economic best interest by selling Reporting Unit in a nontaxable transaction base…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e5bb8624b8f4c66b12806997c32fa63377efb29733db2d1b21bde0a71f4ad651","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-14","para":"55-14","html":"
In the quantitative impairment test, Entity A would determine the carrying amount of Reporting Unit as follows.
","snippet":"In the quantitative impairment test, Entity A would determine the carrying amount of Reporting Unit as follows.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:10d3f431c38a27ba9fa0e6c0a5f6616e3e024dd5a97fd234b766ee0c05437753","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-15","para":"55-15","html":"
The goodwill allocated to Reporting Unit is determined to be impaired because Reporting Unit's carrying value ($90) exceeds its fair value ($80 assuming a nontaxable transaction).
","snippet":"The goodwill allocated to Reporting Unit is determined to be impaired because Reporting Unit's carrying value ($90) exceeds its fair value ($80 assuming a nontaxable transaction).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:313c8698de6a1a58f15bef2694153a672fbede6614b27d3792da3e379b1c47e0","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-16","para":"55-16","html":"
Reporting Unit must recognize the full goodwill impairment loss of $10 (determined as the excess of the carrying amount of Reporting Unit of $90 compared with its fair value of $80) because the $10 impairment loss does not exceed the $40 carrying amount of the goodwill allocated to Reporting Unit.
","snippet":"Reporting Unit must recognize the full goodwill impairment loss of $10 (determined as the excess of the carrying amount of Reporting Unit of $90 compared with its fair value of $80) because the $10 impairment loss does n…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f4d3b056f2b3dbe948f4842f3300cf24d1ade5be2eaacac3cf761d8b51b193fb","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-17","para":"55-17","html":"
This Example illustrates the effect of a taxable transaction on the impairment test of goodwill. The Example may not necessarily be indicative of actual income tax liabilities that would arise in the sale of a reporting unit or the relationship of those liabilities in a taxable versus nontaxable structure.
","snippet":"This Example illustrates the effect of a taxable transaction on the impairment test of goodwill. The Example may not necessarily be indicative of actual income tax liabilities that would arise in the sale of a reporting …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:004f39ec8da6b76d4488a5e87ada62b9f4461238910f423737aec306de13d46a","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-18","para":"55-18","html":"
Entity A is performing a goodwill impairment test relative to Reporting Unit at December 31, 20X2. Reporting Unit has the following assets and liabilities:
  1. a
    Net assets (excluding goodwill and deferred income taxes) of $60 with a tax basis of $35
  2. b
    Goodwill of $40
  3. c
    Net deferred tax liabilities of $10.
","snippet":"Entity A is performing a goodwill impairment test relative to Reporting Unit at December 31, 20X2. Reporting Unit has the following assets and liabilities:\n(a) Net assets (excluding goodwill and deferred income taxes) of…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:469f82255ebf452d2e83a8e5cf66a4690435e6258196a83946e47392271a3187","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-19","para":"55-19","html":"
Entity A believes that it is feasible to sell Reporting Unit in either a nontaxable or a taxable transaction. Entity A could sell Reporting Unit for $65 in a nontaxable transaction or $80 in a taxable transaction. If Reporting Unit were sold in a nontaxable transaction, Entity A would have a current tax payable resulting from the sale of $4. Assuming a tax rate of 40 percent, if Reporting Unit were sold in a taxable transaction, Entity A would have a current tax payable resulting from the sale of $18 ([$80 - 35] × 40%).
","snippet":"Entity A believes that it is feasible to sell Reporting Unit in either a nontaxable or a taxable transaction. Entity A could sell Reporting Unit for $65 in a nontaxable transaction or $80 in a taxable transaction. If Rep…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a76087d371c75f0c30d7affea21125c8266749f2a631e74945d0212cc7b26249","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-20","para":"55-20","html":"
In the quantitative impairment test in paragraphs
350-20-35-4 through 35-8
, Entity A concludes that market participants would act in their economic best interest by selling Reporting Unit in a taxable transaction. This conclusion was based on the following.
","snippet":"In the quantitative impairment test in paragraphs 350-20-35-4 through 35-8, Entity A concludes that market participants would act in their economic best interest by selling Reporting Unit in a taxable transaction. This c…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:df090184be2cc01447e0301a756d430cc9efd2cf679fa8cbee5abb5a953e5fbb","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-21","para":"55-21","html":"
Deferred taxes related to the net assets of Reporting Unit should be included in the carrying value of Reporting Unit. Accordingly, in the quantitative impairment test Entity A would determine the carrying amount of Reporting Unit as follows.
","snippet":"Deferred taxes related to the net assets of Reporting Unit should be included in the carrying value of Reporting Unit. Accordingly, in the quantitative impairment test Entity A would determine the carrying amount of Repo…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ad2d7f50f15074887e319ac1ef3647bb77db496ff6254b425b06dbb4aed9c4c4","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-22","para":"55-22","html":"
The goodwill allocated to Reporting Unit is determined to be impaired because Reporting Unit's carrying amount ($90) exceeds its fair value ($80).
","snippet":"The goodwill allocated to Reporting Unit is determined to be impaired because Reporting Unit's carrying amount ($90) exceeds its fair value ($80).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9452dd1c7089d36e5aaef9ee4851723f4d3f2cf63e1e0eef7e07cf5fe21fbd4","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-23","para":"55-23","html":"
Reporting Unit must recognize the full goodwill impairment loss of $10 (determined as the excess of the carrying amount of Reporting Unit of $90 compared with its fair value of $80) because the $10 impairment loss does not exceed the $40 carrying amount of the goodwill allocated to Reporting Unit.
","snippet":"Reporting Unit must recognize the full goodwill impairment loss of $10 (determined as the excess of the carrying amount of Reporting Unit of $90 compared with its fair value of $80) because the $10 impairment loss does n…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c3512141be786ee8b50fc7b69847feaa7bed8bf702e52f295414dba72631edff","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-23A","para":"55-23A","html":"
Goodwill is deductible for tax purposes for some business combinations in certain jurisdictions. In those jurisdictions, a deferred tax asset or deferred tax liability is recorded upon acquisition on the basis of the difference between the book basis and the tax basis of goodwill. When goodwill of a reporting unit is tax deductible, the impairment of goodwill creates a cycle of impairment because the decrease in the book value of goodwill increases the deferred tax asset (or decreases the deferred tax liability) such that the carrying amount of the reporting unit increases. However, there is no corresponding increase in the fair value of the reporting unit and this could trigger another impairment test.
","snippet":"Goodwill is deductible for tax purposes for some business combinations in certain jurisdictions. In those jurisdictions, a deferred tax asset or deferred tax liability is recorded upon acquisition on the basis of the dif…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:15c11e0aa30e0ff167a16c633e3419647f3f44beb0653c22cce979968efdb574","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-23B","para":"55-23B","html":"
This Example illustrates the use of a simultaneous equation when tax deductible goodwill is present to account for the increase in the carrying amount from the deferred tax benefit.
","snippet":"This Example illustrates the use of a simultaneous equation when tax deductible goodwill is present to account for the increase in the carrying amount from the deferred tax benefit.\nBeta Entity has goodwill from an acqui…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:56c960651842296aeb90a21b1b6c0bc5e53bfd2f3b6fdc92322c49766c04b575","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-23C","para":"55-23C","html":"
In the Example above, the carrying amount of Reporting Unit X immediately after the impairment charge exceeds its fair value by the amount of the increase in the deferred tax asset calculated as 40 percent of the impairment charge. To address the circular nature of the carrying amount exceeding the fair value, instead of continuing to calculate impairment on the excess of carrying amount over fair value until those amounts are equal, Beta Entity would apply the simultaneous equation demonstrated in paragraphs
805-740-55-9 through 55-13
to Reporting Unit X, as follows.
","snippet":"In the Example above, the carrying amount of Reporting Unit X immediately after the impairment charge exceeds its fair value by the amount of the increase in the deferred tax asset calculated as 40 percent of the impairm…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:10c9b594a667984165484b2de494602f9f68b39b4632db96a1a48ad66592ed12","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-23D","para":"55-23D","html":"
The company would report a $167 goodwill impairment charge partially offset by a $67 deferred tax benefit recognized in the income tax line. If the impairment charge calculated using the equation exceeds the total goodwill allocated to a reporting unit, the total impairment charge would be limited to the goodwill amount.
","snippet":"The company would report a $167 goodwill impairment charge partially offset by a $67 deferred tax benefit recognized in the income tax line. If the impairment charge calculated using the equation exceeds the total goodwi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:136802fade6ce969afee8db1d34a82d4bb67c8a3b34c99577d1cfdcba4c1ed99","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-24","para":"55-24","html":"
In accordance with paragraphs
350-20-50-1 through 50-2
, the following disclosures would be made by Theta Entity in its December 31, 20X3 financial statements relating to goodwill.
","snippet":"In accordance with paragraphs 350-20-50-1 through 50-2, the following disclosures would be made by Theta Entity in its December 31, 20X3 financial statements relating to goodwill.\nTheta Entity has three reporting units w…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:49cdc10b0cc57d28c5d01f17593af11fa4366e8f623a3a98e0fe7d4863f2bea3","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-25","para":"55-25","html":"
The flowchart in this Example illustrates the optional qualitative assessment and the quantitative goodwill impairment test described in paragraphs
350-20-35-3A through 35-13
. Note:
  1. 1
    An entity has the unconditional option to skip the qualitative assessment and proceed directly to calculating the fair value of the reporting unit and comparing that value with its carrying amount, including goodwill.
","snippet":"The flowchart in this Example illustrates the optional qualitative assessment and the quantitative goodwill impairment test described in paragraphs 350-20-35-3A through 35-13.\nNote:\n(1) An entity has the unconditional op…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:93a427dcf03177fa1017103a63af4c61c80b2e3343f2c0a46e1e20f384ef65aa","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9574cde3582c8883e72aef9958ebabc5534eee32372d90957630ac72640395e6","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"block":"Accounting Alternatives","heading":"Implementation Guidance","paragraphs":[{"citation":"350-20-55-26","para":"55-26","html":"
The following flowchart provides an overview of the accounting alternative for amortizing goodwill for entities within the scope of paragraph 350-20-15-4.Note 1:
","snippet":"The following flowchart provides an overview of the accounting alternative for amortizing goodwill for entities within the scope of paragraph 350-20-15-4.\nNote 1:\nAn entity has the unconditional option to skip the qualit…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:305faf7243abae1cac18b7e7d80d8aa10f8504cd571970419be7bb7680a1b47d","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:674228429060f565eea3b570af25d95a4d94e9b0682c1bfb0b9702cadc096ae6","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"block":"Accounting Alternatives","heading":"Illustrations","paragraphs":[{"citation":"350-20-55-27","para":"55-27","html":"
This Example illustrates the effect of the accounting alternative for a goodwill impairment triggering event evaluation on the impairment conclusion for an entity within the scope of paragraph 350-20-15-4A. This Example is not indicative of every outcome that may occur because facts and circumstances surrounding triggering events are unique to each entity.
","snippet":"This Example illustrates the effect of the accounting alternative for a goodwill impairment triggering event evaluation on the impairment conclusion for an entity within the scope of paragraph 350-20-15-4A. This Example …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8fe13c0c87b41af09c72436453e573ab3a3c26e688504454543f311b7fb849e1","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-28","para":"55-28","html":"
Entity A adopted the accounting alternative for a goodwill impairment triggering event evaluation and performs a goodwill impairment triggering event evaluation only as of the end of each reporting period. Entity A also adopted the accounting alternative for amortizing goodwill in accordance with paragraph 350-20-05-5 and elected to perform an impairment test for goodwill at the entity level upon the occurrence of a triggering event only. During the second quarter, Entity A lost a significant customer. However, Entity A was able to replace that customer late in the third quarter of the same year, and the entity's operations returned to previously forecasted levels by the annual reporting date.
","snippet":"Entity A adopted the accounting alternative for a goodwill impairment triggering event evaluation and performs a goodwill impairment triggering event evaluation only as of the end of each reporting period. Entity A also …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b2a77c8a7e0220d498c4655402fe3cb515832100abf112ee918a4ddd91828a9e","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"citation":"350-20-55-29","para":"55-29","html":"
If Entity A reports only annually, then it would evaluate the facts and circumstances as of the annual reporting date and may conclude that no triggering event exists; therefore, no further goodwill impairment testing would be necessary. Alternatively, if Entity A reports on both a quarterly basis and an annual basis, then it would evaluate the facts and circumstances as of the end of each quarter and may conclude that the loss of the significant customer represents a goodwill impairment triggering event requiring additional impairment testing as of the end of the second quarter.
","snippet":"If Entity A reports only annually, then it would evaluate the facts and circumstances as of the annual reporting date and may conclude that no triggering event exists; therefore, no further goodwill impairment testing wo…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:426a8a941fe459b8a7cdf306896539bd7f418858aa29707085920ed9ac11cbdb","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f625b5ad3ef0012e702bf3156cd6c565c51be3932f4335acee1103d5cb946ed5","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c59eb304c4c9d5ccde6408bd1b7f90d20d6cecef1c4810e9aeab5609e080ff6f","downloaded_from":"2026-09-10T00:01:23.951Z","last_downloaded_at":"2026-09-10T00:01:23.951Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482548","source_sha256":"ca9626a1a7377fb07f27fba896c7825d35d2dbb3f234763082ba6c65753c4251"}},{"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":"350-20-65-1","para":"65-1","html":"
Paragraph superseded on 06/17/2013 after the end of the transition period stated in Accounting Standards Update No. 2011-08, Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment.
","snippet":"Paragraph superseded on 06/17/2013 after the end of the transition period stated in Accounting Standards Update No. 2011-08, Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:007a277cc57b09dc15bd122271920b8238901abc333cbeef30800a8f0df88c7e","downloaded_from":"2026-09-10T00:01:25.713Z","last_downloaded_at":"2026-09-10T00:01:25.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482712","source_sha256":"28e6203930c2eda5b11d7b0510b0954c6021e64ca57b48661de613ec6e6770d1"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7687c988da2f1cdddc1833614f5cec9a0fd45751f901f2fc7ea9d3c49e8ec956","downloaded_from":"2026-09-10T00:01:25.713Z","last_downloaded_at":"2026-09-10T00:01:25.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482712","source_sha256":"28e6203930c2eda5b11d7b0510b0954c6021e64ca57b48661de613ec6e6770d1"}},{"block":null,"heading":"Transition Related to Accounting Standards Updates No. 2014-02, Intangibles—Goodwill and Other (Topic 350): Accounting for Goodwill, No. 2019-06, Intangibles—Goodwill and Other (Topic 350), Business Combinations (Topic 805), and Not-for-Profit Entities (Topic 958): Extending the Private Company Accounting Alternatives on Goodwill and Certain Identifiable Intangible Assets to Not-for-Profit Entities, and No. 2021-03, Intangibles—Goodwill and Other (Topic 350): Accounting Alternative for Evaluating Triggering Events","paragraphs":[{"citation":"350-20-65-2","para":"65-2","html":"
The following represents the transition information related to Accounting Standards Updates No. 2014-02, Intangibles—Goodwill and Other (Topic 350): Accounting for Goodwill, No. 2019-06, Intangibles—Goodwill and Other (Topic 350), Business Combinations (Topic 805), and Not-for-Profit Entities (Topic 958): Extending the Private Company Accounting Alternatives on Goodwill and Certain Identifiable Intangible Assets to Not-for-Profit Entities, and No. 2021-03, Intangibles—Goodwill and Other (Topic 350): Accounting Alternative for Evaluating Triggering Events referenced in paragraph 350-20-15-3A:
  1. a
    Upon adoption of the guidance for the accounting alternative for amortizing goodwill in the Accounting Alternatives Subsections of this Subtopic and the guidance in paragraph 323-10-35-13, that guidance shall be effective prospectively for new goodwill recognized after the adoption of that guidance. For existing goodwill, that guidance shall be effective as of the beginning of the first fiscal year in which the accounting alternative is adopted.
  2. b
    Goodwill existing as of the beginning of the period of adoption shall be amortized prospectively on a straight-line basis over 10 years, or less than 10 years if an entity demonstrates that another useful life is more appropriate.
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2016-03.
  4. d
    Upon adoption of the accounting alternative for amortizing goodwill, an entity shall make an accounting policy election to test goodwill for impairment at either the entity level or the reporting unit level.
  5. e
    A private company or not-for-profit entity that makes an accounting policy election to apply the accounting alternative for amortizing goodwill in the Accounting Alternatives Subsections of this Subtopic for the first time need not justify that the use of the accounting alternative is preferable as described in paragraph 250-10-45-2.
","snippet":"The following represents the transition information related to Accounting Standards Updates No. 2014-02, Intangibles—Goodwill and Other (Topic 350): Accounting for Goodwill, No. 2019-06, Intangibles—Goodwill and Other (T…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5361ff390dba6c95d32c769bf4543997e55ce3aff473dc4c0d331d76b1aa7068","downloaded_from":"2026-09-10T00:01:25.713Z","last_downloaded_at":"2026-09-10T00:01:25.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482712","source_sha256":"28e6203930c2eda5b11d7b0510b0954c6021e64ca57b48661de613ec6e6770d1"}},{"citation":"350-20-65-3","para":"65-3","html":"
Paragraph superseded on 06/21/2024 after the end of the transition period stated in Accounting Standards Updates No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, No. 2019-10, Financial Instruments—Credit Losses (Topic 326), Derivatives and Hedging (Topic 815), and Leases (Topic 842): Effective Dates, and No. 2021-03, Intangibles—Goodwill and Other (Topic 350): Accounting Alternative for Evaluating Triggering Events.
","snippet":"Paragraph superseded on 06/21/2024 after the end of the transition period stated in Accounting Standards Updates No. 2017-04, Intangibles—Goodwill and Other (Topic 350): Simplifying the Test for Goodwill Impairment, No. …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b7e987711557a6542b1c1932ce7658c5187c8b2394c7973c5313e662ba9a0e22","downloaded_from":"2026-09-10T00:01:25.713Z","last_downloaded_at":"2026-09-10T00:01:25.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482712","source_sha256":"28e6203930c2eda5b11d7b0510b0954c6021e64ca57b48661de613ec6e6770d1"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1ce93cd971c907dd22978ff54d510f694044d1798e83720a47cac90958fe5212","downloaded_from":"2026-09-10T00:01:25.713Z","last_downloaded_at":"2026-09-10T00:01:25.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482712","source_sha256":"28e6203930c2eda5b11d7b0510b0954c6021e64ca57b48661de613ec6e6770d1"}},{"block":null,"heading":"Transition Related to Accounting Standards Update No. 2021-03, Intangibles—Goodwill and Other (Topic 350): Accounting Alternative for Evaluating Triggering Events","paragraphs":[{"citation":"350-20-65-4","para":"65-4","html":"
The following represents the transition and effective date information related to Accounting Standards Update No. 2021-03, Intangibles—Goodwill and Other (Topic 350): Accounting Alternative for Evaluating Triggering Events:
  1. a
    The pending content that links to this paragraph shall be effective prospectively for fiscal years beginning after December 15, 2019. Early adoption is permitted for both interim and annual financial statements that have not yet been issued or made available for issuance as of March 30, 2021. A private company or not-for-profit entity that adopts the pending content that links to this paragraph shall apply it as of the beginning of the interim or annual period for financial statements that have not yet been issued or made available for issuance in the year of adoption. A private company or not-for-profit entity shall not retroactively adopt the pending content that links to this paragraph as of the beginning of an annual period for which interim-period financial statements have already been issued in the year of adoption.
  2. b
    For a private company or not-for-profit entity that adopts the pending content that links to this paragraph after its original effective date, that pending content shall be applied prospectively as of the beginning of the first reporting period in which the accounting alternative is adopted.
  3. c
    A private company or not-for-profit entity that makes an accounting policy election to apply the pending content that links to this paragraph for the first time need not justify that the use of the accounting alternative is preferable as described in paragraph 250-10-45-2.
","snippet":"The following represents the transition and effective date information related to Accounting Standards Update No. 2021-03, Intangibles—Goodwill and Other (Topic 350): Accounting Alternative for Evaluating Triggering Even…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a576ac97bd65f5b1750b1f255f482e7eae76b4258e0ca1997b69da7e319c9878","downloaded_from":"2026-09-10T00:01:25.713Z","last_downloaded_at":"2026-09-10T00:01:25.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482712","source_sha256":"28e6203930c2eda5b11d7b0510b0954c6021e64ca57b48661de613ec6e6770d1"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9f43d379b3f0253333a2de7c3515dea0cd9a1fc7f0357b74c5438e5a3f393381","downloaded_from":"2026-09-10T00:01:25.713Z","last_downloaded_at":"2026-09-10T00:01:25.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482712","source_sha256":"28e6203930c2eda5b11d7b0510b0954c6021e64ca57b48661de613ec6e6770d1"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9112ab635d33e316ba70a2045c296ab900ae42874257c4a07eac37113b686b66","downloaded_from":"2026-09-10T00:01:25.713Z","last_downloaded_at":"2026-09-10T00:01:25.713Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482712","source_sha256":"28e6203930c2eda5b11d7b0510b0954c6021e64ca57b48661de613ec6e6770d1"}}],"enrichment":{"summary":"ASC 350-20 governs the accounting for goodwill after its initial recognition (initial recognition/measurement is in 805-30, 805-60, or 958-805) and prohibits capitalizing internally developed goodwill. Under the general model, goodwill is not amortized but is tested for impairment at least annually at the reporting unit level, with an optional qualitative \"more likely than not\" screen; if the quantitative test shows the reporting unit's carrying amount exceeds its fair value, a loss is recognized for that excess, capped at the goodwill allocated to the unit. Private companies and not-for-profit entities may elect accounting alternatives to amortize goodwill over 10 years or less and to test only upon a triggering event, and/or to evaluate triggering events only as of the end of each reporting period.","key_points":["Goodwill shall not be amortized under the general model; it must be tested for impairment at least annually at the reporting unit level and between annual tests if an event makes it more likely than not that a reporting unit's fair value has fallen below its carrying amount (350-20-35-1; 35-28; 35-30); costs of internally developing goodwill are expensed as incurred (350-20-25-3).","An entity may first perform an optional qualitative assessment of the events and circumstances listed in 350-20-35-3C(a) through (g) to decide whether the quantitative test is needed, and has an unconditional option to bypass it and go straight to the quantitative test (350-20-35-3A through 35-3B).","The quantitative test compares the reporting unit's fair value with its carrying amount, including goodwill; if carrying amount exceeds fair value, an impairment loss equal to that excess is recognized, limited to the total goodwill allocated to the reporting unit, with a simultaneous-equation adjustment where goodwill is tax deductible (350-20-35-4; 35-8; 35-8B).","Deferred income taxes are included in the reporting unit's carrying amount regardless of whether fair value assumes a taxable or nontaxable sale, and the entity must judge which assumption market participants would use (350-20-35-7; 35-25 through 35-27).","After a goodwill impairment loss, the adjusted carrying amount is the new accounting basis and reversal of the loss is prohibited; other assets or asset groups tested at the same time are tested before goodwill (350-20-35-12 through 35-13; 35-31).","Reporting units are determined using Topic 280: a component of an operating segment is a reporting unit if it is a business (or nonprofit activity) with discrete financial information regularly reviewed by segment management, and economically similar components must be aggregated (350-20-35-33 through 35-36).","Private companies and NFPs may elect to amortize goodwill straight-line over 10 years or less and test at the entity or reporting unit level only upon a triggering event, and/or to evaluate triggering events only as of the end of each reporting period (350-20-15-4; 35-63; 35-65 through 35-66; 35-84)."],"categories":["Impairment","Intangibles and goodwill","Subsequent measurement","Disclosure"],"audience_level":"intermediate","student_note":"Exam questions almost always test the post-ASU 2017-04 single-step measurement: the loss equals carrying amount minus fair value of the reporting unit, capped at that unit's goodwill — there is no longer a Step 2 \"implied fair value of goodwill\" computation. Common misunderstandings are forgetting the goodwill cap, excluding deferred taxes from the reporting unit's carrying amount, and thinking impairment losses can later be reversed.","related_topics":["805-30","958-805","805-60","350-30","280-10","323-10"],"key_concepts":["goodwill","reporting unit","annual impairment test","qualitative assessment","more likely than not","goodwill amortization accounting alternative","triggering event evaluation","relative fair value allocation"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:68f638be88c6e562a2c9fda3ce7a1b244dd0301a646dadb248601f9fab7dc928","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"}},"related":[{"number":"350-10","title":"Overall","topic_title":"Intangibles—Goodwill and Other","score":0.8253,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0d8a457a61888ff93f10ceddbfe6ef32b6ae81335c633adb122676a00d6ddc27","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-30","title":"General Intangibles Other Than Goodwill","topic_title":"Intangibles—Goodwill and Other","score":0.798,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3f75bdb0a28121df203500b905f731a558970fb2b41a1ae7bdc2c9208ee3cb21","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:02:11.627Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"740-805","title":"Business Combinations","topic_title":"Income Taxes","score":0.7842,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:abf66f7c13445618048e51999b244ba2756c2db766c7d7ea9fce3b2cd648dece","downloaded_from":"2026-09-10T01:18:07.776Z","last_downloaded_at":"2026-09-10T01:18:34.477Z","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 Combinations","score":0.7587,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2f3e74ad5f7854cad28d45259f7d391ac7c32fef2210a816d0fbac53859aa61c","downloaded_from":"2026-09-10T01:23:05.700Z","last_downloaded_at":"2026-09-10T01:23:57.518Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"825-10","title":"Overall","topic_title":"Financial Instruments","score":0.7472,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2e12f38b41edfea51b6670e65cd1cab4881be5b3d36bb5c814b0ae0354d2a7bf","downloaded_from":"2026-09-10T01:44:11.504Z","last_downloaded_at":"2026-09-10T01:44:42.941Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"805-50","title":"Related Issues","topic_title":"Business Combinations","score":0.7406,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a74f2f182636c9ee97f59e5b6196a399c2d8fc203700e551556592459defda8b","downloaded_from":"2026-09-10T01:24:51.500Z","last_downloaded_at":"2026-09-10T01:25:42.308Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"350-10","title":"Overall","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:428b7c102577f3d6f4ef7e1bf9ad56d90da9dc920603a23573d9c8d99f56c47f","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"350-30","title":"General Intangibles Other Than Goodwill","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:912e10a5daed4785d39ba53d1b6119f33244c3a662edb131da1e523a030d1fe2","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:02:11.627Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:37283bac90deed7dda336e076a16b00b942c833b4a80465d1864f41a7ef0d718","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":"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.
","snippet":"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.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:410af07d06665134e081d717dbfc575413294680f411eb7c25b6db75deb8b44f","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":"350-30-45-3","para":"45-3","html":"
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.
","snippet":"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:\n(a) For intangible assets subject to…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:97b44841ffd7f0f971380a863965278079e1b8b01372768651e3fbdcf72c9464","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":"sha256:982c785f456b67f34b0c02320483fecaf7e00744701a0d94df1d9d19eaebeccb","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 Relating to Impairment Losses","paragraphs":[{"citation":"350-30-50-3","para":"50-3","html":"
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.
","snippet":"Paragraph not used.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9d767810c7c786fa6d381fc86a6ee62f328aa823f528b723e2c73a412e2aaa5","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":"350-30-55-1B","para":"55-1B","html":"
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 intangibles"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f8dac743cca0596210edc29936aea4aaa6e74e31696786296fbc544edc5a8b1a","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:02:11.627Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"350-10","title":"Overall","topic_title":"Intangibles—Goodwill and Other","score":0.8211,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b266d4bbb51e64358a0357d22407f3f1a46e5a0b24330344a3f030b8788ac6f9","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not 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by retrieval timestamps"}},"next":{"number":"350-40","title":"Internal-Use Software","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fa04b43c600a6a6de02ca0abc4dd1c977fa7f57d74aca616491bfc047559684e","downloaded_from":"2026-09-10T00:02:14.508Z","last_downloaded_at":"2026-09-10T00:02:45.249Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b80305d80cf7cf05efef35d268d411c71da5965b8a00d323bf9d1f76da943f51","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:02:11.627Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-40","topic":"350","title":"Internal-Use Software","area":"Assets","paragraphs":115,"summary":"ASC 350-40 governs the accounting for costs of computer software acquired, developed, or modified solely for an entity's internal needs (with no substantive plan to market it externally), and for implementation costs of hosting arrangements that are service contracts. Under current guidance, preliminary project stage costs and training/data conversion costs are expensed, while internal and external direct costs incurred during the application development stage are capitalized (350-40-25-1 through 25-6) once management authorizes and commits funding and completion is probable (350-40-25-12). Capitalized amounts are amortized straight-line beginning when the software is ready for its intended use (350-40-35-4 through 35-6) and tested for impairment under Section 360-10-35.","concepts":["internal-use software","preliminary project stage","application development stage","hosting arrangement that is a service contract","implementation costs","significant development uncertainty","probable-to-complete recognition threshold","upgrades and enhancements"],"categories":["Recognition","Initial measurement","Subsequent measurement","Intangibles and goodwill"],"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":"350-40-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
ContractAddedAccounting Standards Update No. 2014-0905/28/2014
CustomerAddedAccounting Standards Update No. 2014-0905/28/2014
Hosting ArrangementAmendedAccounting Standards Update No. 2018-1508/29/2018
Hosting ArrangementAddedAccounting Standards Update No. 2015-0504/15/2015
Performance RequirementsAdded Accounting Standards Update No. 2025-0609/18/2025
Preliminary Project StageSupersededAccounting Standards Update No. 2025-0609/18/2025
ProbableAdded Accounting Standards Update No. 2025-0609/18/2025
Public Business EntityAmendedMaintenance Update 2017-06 (PDF)04/07/2017
Public Business EntityAmendedMaintenance Update 2016-11 (PDF)06/27/2016
Public Business EntityAddedAccounting Standards Update No. 2015-0504/15/2015
RevenueAddedAccounting Standards Update No. 2014-0905/28/2014
Standalone PriceAddedAccounting Standards Update No. 2018-1508/29/2018
350-40-05-1AmendedAccounting Standards Update No. 2017-0401/26/2017
350-40-05-1AAddedAccounting Standards Update No. 2017-0401/26/2017
350-40-05-1BAddedAccounting Standards Update No. 2017-0401/26/2017
350-40-05-1 through 05-1BSupersededAccounting Standards Update No. 2018-1508/29/2018
350-40-05-1DAmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-05-1C through 05-1F
AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-05-2 through 05-5
SupersededAccounting Standards Update No. 2017-0401/26/2017
350-40-05-7SupersededAccounting Standards Update No. 2025-0609/18/2025
350-40-05-8SupersededAccounting Standards Update No. 2017-0401/26/2017
350-40-05-9SupersededAccounting Standards Update No. 2017-0401/26/2017
350-40-05-10AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-15-1AmendedAccounting Standards Update No. 2018-1508/29/2018
350-40-15-2AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-15-2AmendedAccounting Standards Update No. 2018-1508/29/2018
350-40-15-2A through 15-2C
AddedAccounting Standards Update No. 2017-0401/26/2017
350-40-15-3 through 15-4AAmendedAccounting Standards Update No. 2018-1508/29/2018
350-40-15-4AmendedAccounting Standards Update No. 2015-0504/15/2015
350-40-15-4CAmendedAccounting Standards Update No. 2018-1508/29/2018
350-40-15-4A through 15-4C
AddedAccounting Standards Update No. 2015-0504/15/2015
350-40-15-4DAddedAccounting Standards Update No. 2018-1508/29/2018
350-40-15-5AmendedAccounting Standards Update No. 2017-0401/26/2017
350-40-15-8AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-15-9AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-25-1AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-25-2SupersededAccounting Standards Update No. 2025-0609/18/2025
350-40-25-3SupersededAccounting Standards Update No. 2025-0609/18/2025
350-40-25-4AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-25-5AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-25-5AmendedAccounting Standards Update No. 2017-0401/26/2017
350-40-25-6 through 25-11
SupersededAccounting Standards Update No. 2025-0609/18/2025
350-40-25-7AmendedAccounting Standards Update No. 2017-0401/26/2017
350-40-25-12AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-25-12AAddedAccounting Standards Update No. 2025-0609/18/2025
350-40-25-13AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-25-16SupersededAccounting Standards Update No. 2015-0504/15/2015
350-40-25-17AddedAccounting Standards Update No. 2016-1912/14/2016
350-40-25-17A through 25-17J
AddedAccounting Standards Update No. 2025-0609/18/2025
350-40-25-18AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-30-1AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-30-4AmendedAccounting Standards Update No. 2018-1508/29/2018
350-40-30-5AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-35-3AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-35-8AmendedAccounting Standards Update No. 2014-0905/28/2014
350-40-35-11 through 35-17
AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-45-1 through 45-3
AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-50-1AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-50-1AmendedAccounting Standards Update No. 2018-1508/29/2018
350-40-50-2AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-50-3AmendedAccounting Standards Update No. 2024-0311/04/2024
350-40-50-3AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-55-3SupersededAccounting Standards Update No. 2025-0609/18/2025
350-40-55-4AmendedAccounting Standards Update No. 2025-0609/18/2025
350-40-55-5 through 55-21
AddedAccounting Standards Update No. 2025-0609/18/2025
350-40-65-1AddedAccounting Standards Update No. 2015-0504/15/2015
350-40-65-2AddedAccounting Standards Update No. 2016-1912/14/2016
350-40-65-3AddedAccounting Standards Update No. 2018-1508/29/2018
350-40-65-4AddedAccounting Standards Update No. 2025-0609/18/2025
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The Internal-Use Software Subtopic presents guidance in the following Subsections:
  1. a
    General
  2. b
    Implementation Costs of a Hosting Arrangement That Is a Service Contract.
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Certain costs incurred for computer software developed or obtained for internal use should be capitalized depending on the nature of the costs and the project stage during which they were incurred in accordance with the guidance in Section 350-40-25. Computer software to be sold, leased, or otherwise marketed externally is not considered to be for internal use.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Certain costs incurred for computer software developed or obtained for internal use should be capitalized in accordance with the guidance in Section 350-40-25. Computer software to be sold, leased, or otherwise marketed externally is not considered to be for internal use.
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Section 350-40-30 includes guidance on the types of costs that should be capitalized, including costs for the purchase of internal-use software in a multiple element transaction.
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Section 350-40-35 includes guidance on the following:
  1. a
    How to test the internal-use software for impairment
  2. b
    How to amortize the asset
  3. c
    How to account for software that previously was considered for internal use, but subsequently was marketed.
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Paragraphs
350-40-55-1 through 55-2
provide examples of when computer software is and is not for internal use.
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Paragraph 350-40-55-3 illustrates the various stages and related processes of computer software development.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Paragraph 350-40-55-3 illustrates the various stages and related processes of computer software development.Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Paragraph superseded …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7462e3a599a7fd5db5b0136e8c064d23ee519f24625aa8007ca24808a19ec6a2","downloaded_from":"2026-09-10T00:02:17.711Z","last_downloaded_at":"2026-09-10T00:02:17.711Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482532","source_sha256":"d9d26dc7f0193e2c1aa8c5d4288df7070a763a5f05a96e995ae869a1f91f39dc"}},{"citation":"350-40-05-8","para":"05-8","html":"
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The Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic address the accounting for the implementation, setup, and other upfront costs (implementation costs) incurred in a hosting arrangement that does not meet the criteria in paragraph 350-40-15-4A.
","snippet":"The Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic address the accounting for the implementation, setup, and other upfront costs (implementation costs) incurred in a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:90133af9a56217c1a655db33784f02f71ddb3b3211f367f096b6ff775a388258","downloaded_from":"2026-09-10T00:02:17.711Z","last_downloaded_at":"2026-09-10T00:02:17.711Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482532","source_sha256":"d9d26dc7f0193e2c1aa8c5d4288df7070a763a5f05a96e995ae869a1f91f39dc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ca3a6c0232bd1493c7ff7f3a1f21c21e64e76ec88ffbf4394fde652a81d1ebd6","downloaded_from":"2026-09-10T00:02:17.711Z","last_downloaded_at":"2026-09-10T00:02:17.711Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482532","source_sha256":"d9d26dc7f0193e2c1aa8c5d4288df7070a763a5f05a96e995ae869a1f91f39dc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ae7ffd07a123765a4d5399a722b37d2e9e717bd0c75dfea3a9897b315bbd6670","downloaded_from":"2026-09-10T00:02:17.711Z","last_downloaded_at":"2026-09-10T00:02:17.711Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482532","source_sha256":"d9d26dc7f0193e2c1aa8c5d4288df7070a763a5f05a96e995ae869a1f91f39dc"}},{"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":"350-40-15-1","para":"15-1","html":"
The General Subsection of this Section establishes the pervasive scope for this Subtopic. The General Subsections of this Subtopic follow the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 350-10-15, with specific transaction qualifications and exceptions noted below and in the Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsection.
","snippet":"The General Subsection of this Section establishes the pervasive scope for this Subtopic. The General Subsections of this Subtopic follow the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Secti…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:15902de6415f736fd34bb293d65c7b1b658adc31fb3a394b1c0bd36fef48882a","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6597699935c24b5a1b1b76337b98a34d14142ebb904fa69c99e8534149ee9d96","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"350-40-15-2","para":"15-2","html":"
The guidance in the General Subsections of this Subtopic applies to the following transactions and activities:
  1. a
    Internal-use software
  2. b
    The proceeds of computer software developed or obtained for internal use that is marketed
  3. c
    New internal-use software developed or obtained that replaces previously existing internal-use software
  4. d
    Computer software that consists of more than one component or module. For example, an entity may develop an accounting software system containing three elements: a general ledger, an accounts payable subledger, and an accounts receivable subledger. In this example, each element might be viewed as a component or module of the entire accounting software system. The guidance in this Subtopic shall be applied to individual components or modules.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4The guidance in the General Subsections of this Subtopic applies to the following transactions and activities:
  1. a
    Internal-use software
  2. b
    The proceeds of computer software developed or obtained for internal use that is marketed
  3. c
    New internal-use software developed or obtained that replaces previously existing internal-use software
  4. d
    Computer software that consists of more than one component or module. For example, an entity may develop an accounting software system containing three elements: a general ledger, an accounts payable subledger, and an accounts receivable subledger. In this example, each element might be viewed as a component or module of the entire accounting software system. The guidance in this Subtopic shall be applied to individual components or modules.
  5. e
    Costs incurred to develop a website.
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Internal-use software has both of the following characteristics:
  1. a
    The software is acquired, internally developed, or modified solely to meet the entity's internal needs.
  2. b
    During the software's development or modification, no substantive plan exists or is being developed to market the software externally.
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A substantive plan to market software externally could include the selection of a marketing channel or channels with identified promotional, delivery, billing, and support activities. To be considered a substantive plan, implementation of the plan should be reasonably possible. Arrangements providing for the joint development of software for mutual internal use (for example, cost-sharing arrangements) and routine market feasibility studies are not substantive plans to market software for purposes of this Subtopic. Both characteristics in paragraph 350-40-15-2A must be met for software to be considered for internal use.
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An entity's past practices related to selling software may help determine whether the software is for internal use or is subject to a plan to be marketed externally. For example, an entity in the business of selling computer software often both uses and sells its own software products. Such a past practice of both using and selling computer software creates a rebuttable presumption that any software developed by that entity is intended for sale, lease, or other marketing.
","snippet":"An entity's past practices related to selling software may help determine whether the software is for internal use or is subject to a plan to be marketed externally. For example, an entity in the business of selling comp…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1bbe0d2f628b28547e90e981c16df63f03e8d414fb63c129f80873cf7ca5117d","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-3","para":"15-3","html":"
The General Subsections of this Subtopic provide guidance on when costs incurred for internal-use computer software are and are not capitalized.
","snippet":"The General Subsections of this Subtopic provide guidance on when costs incurred for internal-use computer software are and are not capitalized.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fb6f297386fbcd8b9284c0c915b240954beb14f7ed001307182878eccaf8a126","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-4","para":"15-4","html":"
The guidance in this Subtopic does not apply to the following transactions and activities:
  1. a
    Software to be sold, leased, or otherwise marketed as a separate product or as part of a product or process, subject to Subtopic 985-20
  2. b
    Software to be used in research and development, subject to Subtopic 730-10
  3. c
    Software developed for others under a contractual arrangement, subject to contract accounting standards
  4. d
    Accounting for costs of reengineering activities, which often are associated with new or upgraded software applications.
  5. e
    Subparagraph superseded by Accounting Standards Update No. 2018-15.
","snippet":"The guidance in this Subtopic does not apply to the following transactions and activities:\n(a) Software to be sold, leased, or otherwise marketed as a separate product or as part of a product or process, subject to Subto…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3b68ea9f3c42c8c48a7555f410256ef570f9e82a7d7e171edf6eb21ea2f8b47e","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-4A","para":"15-4A","html":"
The guidance in the General Subsections of this Subtopic applies only to internal-use software that a customer obtains access to in a hosting arrangement if both of the following criteria are met:
  1. a
    The customer has the contractual right to take possession of the software at any time during the hosting period without significant penalty.
  2. b
    It is feasible for the customer to either run the software on its own hardware or contract with another party unrelated to the vendor to host the software.
","snippet":"The guidance in the General Subsections of this Subtopic applies only to internal-use software that a customer obtains access to in a hosting arrangement if both of the following criteria are met:\n(a) The customer has th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1abe748865633c273f6f97244713580399dd3d190a2807c8161e8a2fc6cbb2ba","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-4B","para":"15-4B","html":"
For purposes of the guidance in paragraph 350-40-15-4A(a), the term without significant penalty contains two distinct concepts:
  1. a
    The ability to take delivery of the software without incurring significant cost
  2. b
    The ability to use the software separately without a significant diminution in utility or value.
","snippet":"For purposes of the guidance in paragraph 350-40-15-4A(a), the term without significant penalty contains two distinct concepts:\n(a) The ability to take delivery of the software without incurring significant cost\n(b) The …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:24bb9218390c10cae96c08be17feef2afe5e348980b1df3e14df6302b310e679","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-4C","para":"15-4C","html":"
Hosting arrangements that do not meet both criteria in paragraph 350-40-15-4A are service contracts and do not constitute a purchase of, or convey a license to, software.
","snippet":"Hosting arrangements that do not meet both criteria in paragraph 350-40-15-4A are service contracts and do not constitute a purchase of, or convey a license to, software.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:77bb359c8a3af84615b2505facd4927a97aa64aaf1ed2113877b1189ea73d634","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-4D","para":"15-4D","html":"
Implementation costs of a hosting arrangement that does not meet both criteria in paragraph 350-40-15-4A shall be accounted for in accordance with the Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic.
","snippet":"Implementation costs of a hosting arrangement that does not meet both criteria in paragraph 350-40-15-4A shall be accounted for in accordance with the Implementation Costs of a Hosting Arrangement That Is a Service Contr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:49cb4555297cf5a90174ee77f2359662b4df8783ee5fe8e2a78e3550444e00ec","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-5","para":"15-5","html":"
Costs of computer software that is sold, leased, or otherwise marketed as a separate product or as part of a product or process are within the scope of Subtopic 985-20. For example, software designed for and embedded in a semiconductor chip is included in the scope of that Subtopic because it is an integral part of the product. By contrast, software for internal use, though it may be used in developing a product, is not part of or included in the actual product or service sold. If software is used by the vendor in the production of the product or providing the service but the customer does not acquire the software or the future right to use it, the software is covered by this Subtopic. For example, for a communications entity selling telephone services, software included in a telephone switch is part of the internal equipment used to deliver a service but is not part of the product or service actually being acquired or received by the customer. Paragraph 350-40-55-1 includes examples of computer software considered to be for internal use and thus not part of a product or process. Paragraph 350-40-55-2 includes examples of when computer software is not for internal use.
","snippet":"Costs of computer software that is sold, leased, or otherwise marketed as a separate product or as part of a product or process are within the scope of Subtopic 985-20. For example, software designed for and embedded in …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d41b2b6e7765258600a6dd7398de7113f7615a071bf1145490ea228350d2939c","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:606406d16e168293b3f2544d1ca9e8609ae3aca6525f3f045d6aeed88251a666","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"block":null,"heading":"Other Considerations","paragraphs":[{"citation":"350-40-15-6","para":"15-6","html":"
The guidance in this Subtopic does not change any of the provisions in the following Subtopics:
  1. a
    Subtopic 985-20
  2. b
    Subtopic 720-45.
","snippet":"The guidance in this Subtopic does not change any of the provisions in the following Subtopics:\n(a) Subtopic 985-20\n(b) Subtopic 720-45.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eed9154403f94ef91462ff250859f7de6f9fa02cb6c3aaa160e702b219f3e80d","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-7","para":"15-7","html":"
The following costs of internal-use computer software are included in research and development and shall be accounted for in accordance with the provisions of Subtopic 730-10:
  1. a
    Purchased or leased computer software used in research and development activities where the software does not have alternative future uses
  2. b
    All internally developed internal-use computer software (including software developed by third parties, for example, programmer consultants) in either of the following circumstances:
    1. 1
      The software is a pilot project (that is, software of a nature similar to a pilot plant as noted in paragraph 730-10-55-1(h)).
    2. 2
      The software is used in a particular research and development project, regardless of whether the software has alternative future uses.
","snippet":"The following costs of internal-use computer software are included in research and development and shall be accounted for in accordance with the provisions of Subtopic 730-10:\n(a) Purchased or leased computer software us…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:38697b02f367b0c6aaace65ead141768429cf0feffddde6f119769cfe170b573","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:48aab55f22ae7e814d5e26ea7e32318b58e370586a69813cd16fe8e9144d212c","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":null,"paragraphs":[{"citation":"350-40-15-8","para":"15-8","html":"
The Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Section, with specific qualifications noted in paragraph 350-40-15-9.
","snippet":"The Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Section, with specific qu…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:95cb7a73857877e72d513b4723dbede38c925a074ff343f4b63ccfcf8746f70e","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"citation":"350-40-15-9","para":"15-9","html":"
The Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic provide guidance on when costs incurred to implement a hosting arrangement that does not meet both criteria in paragraph 350-40-15-4A are and are not capitalized.
","snippet":"The Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic provide guidance on when costs incurred to implement a hosting arrangement that does not meet both criteria in par…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f94aaf73bd10984794c9390dc00d559732fd4d7379b286f9fd336270d01fb0ea","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2f8ef3d8e1a35daa2aa3b9af722b8afbacda82cdb1a0bfc1fdaac9ad8eb8b9b9","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fc62f936683ab006cbd3f70fc6c573993c4895b0f3a8788f716a9daa2c473074","downloaded_from":"2026-09-10T00:02:20.520Z","last_downloaded_at":"2026-09-10T00:02:20.520Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482708","source_sha256":"3338301b67699e500388f2a3be0a81515dbb816ff87c5cba5d44c4c1bd8a9f86"}},{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":"Preliminary Project Stage","paragraphs":[{"citation":"350-40-25-1","para":"25-1","html":"
Internal and external costs incurred during the preliminary project stage shall be expensed as they are incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: The content of paragraph 350-40-25-1 will change upon transition, together with a change in the heading noted below.
> Costs to Be Expensed as Incurred
Internal and external costs incurred prior to meeting the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
 shall be expensed as they are incurred.
","snippet":"Internal and external costs incurred during the preliminary project stage shall be expensed as they are incurred. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4\nEditor's Note:…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4d3f95bff65ad34d9a5b05b19912b4ca65d0f4426c362eddcd66fcae8ffa5a18","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e9c2a2190911e44d40b3ce5ef987759894a1b87f889fb348b5848132e375137a","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"block":null,"heading":"Application Development Stage","paragraphs":[{"citation":"350-40-25-2","para":"25-2","html":"
Internal and external costs incurred to develop internal-use computer software during the application development stage shall be capitalized.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-40-25-2 will be will be superseded upon transition, together with its heading.
> Application Development Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Internal and external costs incurred to develop internal-use computer software during the application development stage shall be capitalized. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidanc…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a9c1a8ca0542b3c4120b8197a5a29ed33db2653af789f070bbd26229836f339d","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-3","para":"25-3","html":"
Costs to develop or obtain software that allows for access to or conversion of old data by new systems shall also be capitalized.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Costs to develop or obtain software that allows for access to or conversion of old data by new systems shall also be capitalized. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e2b6c0597aab9a701d0cfd121f932e3b95d6d4c2656157cad65aff7be62322b7","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-4","para":"25-4","html":"
Training costs are not internal-use software development costs and, if incurred during this stage, shall be expensed as incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Internal and external training costs are not internal-use software development costs and shall be expensed as incurred.
","snippet":"Training costs are not internal-use software development costs and, if incurred during this stage, shall be expensed as incurred. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4d437b45a3a5dbed838437068865b4dff6c6254aa424b456785b059c28a41c69","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-5","para":"25-5","html":"
Data conversion costs, except as noted in paragraph 350-40-25-3, shall be expensed as incurred. The process of data conversion from old to new systems may include purging or cleansing of existing data, reconciliation or balancing of the old data and the data in the new system, creation of new or additional data, and conversion of old data to the new system.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Data conversion costs, except as noted in paragraph 350-40-30-1(d), shall be expensed as incurred. The process of data conversion from old to new systems may include purging or cleansing of existing data, reconciliation or balancing of the old data and the data in the new system, creation of new or additional data, and conversion of old data to the new system.
","snippet":"Data conversion costs, except as noted in paragraph 350-40-25-3, shall be expensed as incurred. The process of data conversion from old to new systems may include purging or cleansing of existing data, reconciliation or …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1c209d364054c1816fac40f0a514847248632f4bb0e564308d8530cca8e851a1","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:43d3ae6cb0b54ac661925f92c3362691e69f61b644caebc86155d976ec70fbd5","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"block":null,"heading":"Postimplementation-Operation Stage","paragraphs":[{"citation":"350-40-25-6","para":"25-6","html":"
Internal and external training costs and maintenance costs during the postimplementation-operation stage shall be expensed as incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-40-25-6 will be will be superseded upon transition, together with its heading.
> Postimplementation-Operation Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Internal and external training costs and maintenance costs during the postimplementation-operation stage shall be expensed as incurred. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4874f449d8062641ddecff57dd0808c3b823723ec8a2081aee48632f6a9649c5","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:237862378d6f2e67215d8ecb85f082cad0203ac1101fa47ec525e1bbe17fa94f","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"block":null,"heading":"Upgrades and Enhancements","paragraphs":[{"citation":"350-40-25-7","para":"25-7","html":"
Upgrades and enhancements are defined as modifications to existing internal-use software that result in additional functionality—that is, modifications to enable the software to perform tasks that it was previously incapable of performing. Upgrades and enhancements normally require new software specifications and may also require a change to all or part of the existing software specifications. In order for costs of specified upgrades and enhancements to internal-use computer software to be capitalized in accordance with paragraphs
350-40-25-8 through 25-10
, it must be probable that those expenditures will result in additional functionality.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-40-25-7 will be will be superseded upon transition, together with its heading.
> Upgrades and Enhancements
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Upgrades and enhancements are defined as modifications to existing internal-use software that result in additional functionality—that is, modifications to enable the software to perform tasks that it was previously incap…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0ac87e25a471356773fb81339d78fb06f8bdc620b07921fe3e0ee16a045c450c","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-8","para":"25-8","html":"
Internal costs incurred for upgrades and enhancements shall be expensed or capitalized in accordance with paragraphs
350-40-25-1 through 25-6
.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Internal costs incurred for upgrades and enhancements shall be expensed or capitalized in accordance with paragraphs 350-40-25-1 through 25-6.Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidanc…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fa1868968f36b53092a01aa4075ea84a0754b54a7303b912e44a68210d5dc8a9","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-9","para":"25-9","html":"
Internal costs incurred for maintenance shall be expensed as incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Internal costs incurred for maintenance shall be expensed as incurred. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Paragraph superseded by Accounting Standards Update No. 20…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0c527784efa6316c2b1395cc4b7a61282db6d588fed707385ca5f423efefa896","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-10","para":"25-10","html":"
Entities that cannot separate internal costs on a reasonably cost-effective basis between maintenance and relatively minor upgrades and enhancements shall expense such costs as incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Entities that cannot separate internal costs on a reasonably cost-effective basis between maintenance and relatively minor upgrades and enhancements shall expense such costs as incurred. Transition date:(P) December 16, …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a3ddd3e64dc30ab3ae3afd299fe1a36f346e6bbfc0f3758431870ef9f071508b","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-11","para":"25-11","html":"
External costs incurred under agreements related to specified upgrades and enhancements shall be expensed or capitalized in accordance with paragraphs
350-40-25-1 through 25-6
. If maintenance is combined with specified upgrades and enhancements in a single contract, the cost shall be allocated between the elements as discussed in paragraph 350-40-30-4 and the maintenance costs shall be expensed over the contract period. However, external costs related to maintenance, unspecified upgrades and enhancements, and costs under agreements that combine the costs of maintenance and unspecified upgrades and enhancements shall be recognized in expense over the contract period on a straight-line basis unless another systematic and rational basis is more representative of the services received.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"External costs incurred under agreements related to specified upgrades and enhancements shall be expensed or capitalized in accordance with paragraphs 350-40-25-1 through 25-6. If maintenance is combined with specified u…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9a4b539e41169df094d05c275be534a8e7350b7fa4dbafc1557906643344dd14","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:715bbbc3acf00711a6d80ca671c1b63b572522db01eeef9ff47ebf69a590208a","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"block":null,"heading":"Capitalization of Cost","paragraphs":[{"citation":"350-40-25-12","para":"25-12","html":"
Capitalization of costs shall begin when both of the following occur:
  1. a
    Preliminary project stage is completed.
  2. b
    Management, with the relevant authority, implicitly or explicitly authorizes and commits to funding a computer software project and it is probable that the project will be completed and the software will be used to perform the function intended.
Examples of authorization include the execution of a contract with a third party to develop the software, approval of expenditures related to internal development, or a commitment to obtain the software from a third party.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: The content of paragraph 350-40-25-12 will change upon transition, together with a change in the heading noted below.
> Capitalization of Costs
Capitalization of costs shall begin when both of the following occur:
  1. a
  2. b
    Management, with the relevant authority, implicitly or explicitly authorizes and commits to funding a computer software project.Examples of authorization and commitment to funding a computer software project include the execution of a contract with a third party to develop the software, approval of expenditures related to internal development, or a commitment to obtain the software from a third party.
  3. c
    It is probable that the project will be completed and the software will be used to perform the function intended (referred to as the probable-to-complete recognition threshold). In evaluating whether the probable-to-complete recognition threshold has been met, an entity shall assess whether there is significant uncertainty associated with the development activities of the software (referred to as significant development uncertainty) in accordance with paragraph 350-40-25-12A.
","snippet":"Capitalization of costs shall begin when both of the following occur:\n(a) Preliminary project stage is completed.\n(b) Management, with the relevant authority, implicitly or explicitly authorizes and commits to funding a …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a09a47fbb309b5538e684242efddba804069bcdb962180f39c8d9e5b64f3ced0","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-12A","para":"25-12A","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4If significant development uncertainty exists, the probable-to-complete recognition threshold in paragraph 350-40-25-12(c) is not met until that significant development uncertainty has been resolved. Significant development uncertainty exists if either of the following factors is present:
  1. a
    The software being developed has technological innovations or novel, unique, or unproven functions or features, and the uncertainty related to those technological innovations, functions, or features, if identified, has not been resolved through coding and testing.
  2. b
    The significant performance requirements of the software have not been identified, or the identified significant performance requirements continue to be substantially revised.
For some types of software projects, the assessment of whether significant development uncertainty exists will be straightforward, such as illustrated in Example 1 (see paragraphs
350-40-55-5 through 55-8
). For other types of software projects, the assessment will be more complex, such as illustrated in Example 3 (see paragraphs
350-40-55-13 through 55-17
). If significant development uncertainty does not exist or if there was significant development uncertainty that has been resolved, an entity shall evaluate the requirements in paragraph 350-40-25-12 to determine when to begin capitalizing costs.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4If significant development uncertainty exists, the probable-to-complete recognition threshold in paragraph 350-40-25-12(c) is not…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0441a899145e6a39aa38d8629701eb3e1abcd5c53aa8e201ea03efd898b420a5","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-13","para":"25-13","html":"
When it is no longer probable that the computer software project will be completed and placed in service, no further costs shall be capitalized, and guidance in paragraphs
350-40-35-1 through 35-3
on impairment shall be applied to existing balances.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4If the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
are no longer met for software being developed, no further costs shall be capitalized, and guidance in paragraphs
350-40-35-1 through 35-3
on impairment shall be applied to existing balances.
","snippet":"When it is no longer probable that the computer software project will be completed and placed in service, no further costs shall be capitalized, and guidance in paragraphs 350-40-35-1 through 35-3 on impairment shall be …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:478d56a82fbeee04dc864ed934573fd1d61f265b7b3a2f17098ad96585e7102c","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-14","para":"25-14","html":"
Capitalization shall cease no later than the point at which a computer software project is substantially complete and ready for its intended use, that is, after all substantial testing is completed.
","snippet":"Capitalization shall cease no later than the point at which a computer software project is substantially complete and ready for its intended use, that is, after all substantial testing is completed.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:82351f22cade0b321c9ce39ae128b805476c5c8f1aa101ee370526f9cf45d7ab","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-15","para":"25-15","html":"
New software development activities shall trigger consideration of remaining useful lives of software that is to be replaced. When an entity replaces existing software with new software, unamortized costs of the old software shall be expensed when the new software is ready for its intended use.
","snippet":"New software development activities shall trigger consideration of remaining useful lives of software that is to be replaced. When an entity replaces existing software with new software, unamortized costs of the old soft…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b39ed1f2cf7093ba22667efff0e414a8fba0d7541e4b3f82a55687b2e4dd0dc6","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-16","para":"25-16","html":"
Paragraph superseded by Accounting Standards Update No. 2015-05.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2015-05.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:55a2330de36015af27aae5e6a9447482b0a28df324475e5faa5e89b1996a7ba7","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17","para":"25-17","html":"
Entities often license internal-use software from third parties. A software license within the scope of this Subtopic (see paragraphs 350-40-15-1 through 15-4C) shall be accounted for as the acquisition of an intangible asset and the incurrence of a liability (that is, to the extent that all or a portion of the software licensing fees are not paid on or before the acquisition date of the license) by the licensee. The intangible asset acquired shall be recognized and measured in accordance with paragraphs 350-30-25-1 and 350-30-30-1, respectively.
","snippet":"Entities often license internal-use software from third parties. A software license within the scope of this Subtopic (see paragraphs 350-40-15-1 through 15-4C) shall be accounted for as the acquisition of an intangible …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:878b16aa38b581c0af767945e75d48b9b6e8a21ca7df669db4a15c74c1005ee6","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:68cd1784e3a519a0eaf4fc87e1156cd1e134774635b4c96bdaeec7460ded91ab","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"block":null,"heading":"Upgrades and Enhancements","paragraphs":[{"citation":"350-40-25-17A","para":"25-17A","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Upgrades and enhancements are defined as modifications to existing internal-use software that result in additional functionality—that is, modifications to enable the software to perform tasks that it was previously incapable of performing. Upgrades and enhancements normally require new software specifications and may also require a change to all or part of the existing software specifications. In order for costs of specified upgrades and enhancements to internal-use computer software to be evaluated for capitalization in accordance with paragraphs
350-40-25-17B through 25-17E
, it must be probable that those expenditures will result in additional functionality.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Upgrades and enhancements are defined as modifications to existing internal-use software that result in additional functionality—…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bf4f25279ab0e8652f2daf37973616f6ac29c15f41a4391f14d28ef7936de478","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17B","para":"25-17B","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Internal and external costs incurred for upgrades and enhancements shall be expensed or capitalized in accordance with paragraphs 350-40-25-1,
350-40-25-4 through 25-5
,
350-40-25-12 through 25-14
, and 350-40-25-17.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Internal and external costs incurred for upgrades and enhancements shall be expensed or capitalized in accordance with paragraphs…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:92f61936a219917310dcff7787a228c01082e8090c0f00925c81b3821606210e","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17C","para":"25-17C","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Internal and external costs incurred for maintenance shall be expensed as incurred.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Internal and external costs incurred for maintenance shall be expensed as incurred.","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:11112373adecbf4341605405d6fbb0be29242fddcaa5906146f0da3f1de41624","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17D","para":"25-17D","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Entities that cannot separate internal costs on a reasonably cost-effective basis between maintenance and relatively minor upgrades and enhancements shall expense such costs as incurred.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Entities that cannot separate internal costs on a reasonably cost-effective basis between maintenance and relatively minor upgrad…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2e2c6d3cba75e1db143b0892aaf7090f148f5646882bda0a84ba0e4fe3aaa811","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17E","para":"25-17E","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4External costs incurred under agreements related to specified upgrades and enhancements shall be expensed or capitalized in accordance with paragraphs 350-40-25-1,
350-40-25-4 through 25-5
,
350-40-25-12 through 25-14
, and 350-40-25-17. If maintenance is combined with specified upgrades and enhancements in a single contract, the cost shall be allocated between the elements as discussed in paragraph 350-40-30-4 and the maintenance costs shall be expensed over the contract period. However, external costs related to maintenance, unspecified upgrades and enhancements, and costs under agreements that combine the costs of maintenance and unspecified upgrades and enhancements shall be recognized in expense over the contract period on a straight-line basis unless another systematic and rational basis is more representative of the services received.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4External costs incurred under agreements related to specified upgrades and enhancements shall be expensed or capitalized in accor…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:83e1ffa631b699820b0399255025b04126d13d1c78fb38e271ff6aeb79486edd","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fed6d14a99be87eb31ee9a5c17e034a756b6c1d6f5e2bc6fc21297f7541fefa5","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"block":null,"heading":"Additional Considerations for Website Development Costs","paragraphs":[{"citation":"350-40-25-17F","para":"25-17F","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Fees incurred for website hosting, which involve the payment of a specified, periodic fee to an internet service provider in return for hosting the website on its server(s) connected to the internet, generally are expensed over the period of benefit.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Fees incurred for website hosting, which involve the payment of a specified, periodic fee to an internet service provider in retu…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b7f1006ed0660e4755a0c1bd487c004ba53a91f6c1c6ceddbdc5fda54347aa1b","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17G","para":"25-17G","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Accounting for website content involves issues that also apply to other forms of content or information that are not unique to websites. Costs to input content into a website shall be expensed as incurred. Content refers to information included on the website, which may be textual or graphical in nature (although the specific graphics described in paragraph 350-40-25-17Hare excluded from content). For example, articles, product photos, maps, and stock quotes and charts are all forms of content. Content may reside in separate databases that are integrated into (or accessed from) the web page with software, or it may be coded directly into the web pages.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Accounting for website content involves issues that also apply to other forms of content or information that are not unique to we…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:64f74b9c1eb7c1a8fa23225d99042d28dc3be3e6ce4b655a0230be206dd0ce32","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17H","para":"25-17H","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Graphics are a component of software. The costs of developing initial graphics shall be evaluated for capitalization under this Subtopic for internal-use software, and Subtopic 985-20 for software marketed externally. For purposes of this Subtopic, graphics involve the overall design of the web page (use of borders, background and text colors, fonts, frames, buttons, and so forth) that affect the look and feel of the web page and generally remain consistent regardless of changes made to the content.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Graphics are a component of software. The costs of developing initial graphics shall be evaluated for capitalization under this S…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cca96db433f84743b4d0cf489b816eeae25e23cdb929fb0642ab50db7ba0350b","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17I","para":"25-17I","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Costs to register the website with internet search engines represent advertising costs and shall be expensed as incurred under paragraph 720-35-25-1.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Costs to register the website with internet search engines represent advertising costs and shall be expensed as incurred under pa…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2a3fc948c4cb1109989c6eaee91b0c6124a3669059fe6a7761de0aa226825d42","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"citation":"350-40-25-17J","para":"25-17J","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Costs to obtain and register an internet domain shall be evaluated for capitalization under Section 350-30-25.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Costs to obtain and register an internet domain shall be evaluated for capitalization under Section 350-30-25.","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5ccd6d42989742a41ebd8024f2ca60af70a863ad88dd7b1d82d6494259d18c08","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2ed04f9c41bc104fb47c925b2b4f4bba7781617cf33103b021160f6e0b9bbd2e","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":null,"paragraphs":[{"citation":"350-40-25-18","para":"25-18","html":"
An entity shall apply the General Subsection of this Section as though the hosting arrangement that is a service contract were an internal-use computer software project to determine when implementation costs of a hosting arrangement that is a service contract are and are not capitalized.
","snippet":"An entity shall apply the General Subsection of this Section as though the hosting arrangement that is a service contract were an internal-use computer software project to determine when implementation costs of a hosting…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bf20a678d36b25c7a061363d2a0531d69b728b1e9d94b279a3a1dbc8180b57ae","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bfcf6233ad468e38fd0e2d3454ed42d4d71459fe8b80e3522562104c418979bd","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d5aa80b17a57759280fe22a34c62ac98d61aa4a083625a67809ddbfd6b6de15c","downloaded_from":"2026-09-10T00:02:26.447Z","last_downloaded_at":"2026-09-10T00:02:26.447Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482658","source_sha256":"ef13553368869dcfca3ffb0de8227e6facb82adce80407a666b130c9911d50a5"}},{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"Capitalizable Cost","paragraphs":[{"citation":"350-40-30-1","para":"30-1","html":"
Costs of computer software developed or obtained for internal use that shall be capitalized include only the following:
  1. a
    External direct costs of materials and services consumed in developing or obtaining internal-use computer software. Examples of those costs include but are not limited to the following:
    1. 1
      Fees paid to third parties for services provided to develop the software during the application development stage
    2. 2
      Costs incurred to obtain computer software from third parties
    3. 3
      Travel expenses incurred by employees in their duties directly associated with developing software.
  2. b
    Payroll and payroll-related costs (for example, costs of employee benefits) for employees who are directly associated with and who devote time to the internal-use computer software project, to the extent of the time spent directly on the project. Examples of employee activities include but are not limited to coding and testing during the application development stage.
  3. c
    Interest costs incurred while developing internal-use computer software. Interest shall be capitalized in accordance with the provisions of Subtopic 835-20.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: The content of paragraph 350-40-30-1 will change upon transition, together with a change in the heading noted below.
> Capitalizable Costs
Costs of computer software developed or obtained for internal use that shall be capitalized include only the following:
  1. a
    External direct costs of materials and services consumed in developing or obtaining internal-use computer software. Examples of those costs include but are not limited to the following:
    1. 1
      Fees paid to third parties for services provided to develop the software
    2. 2
      Costs incurred to obtain computer software from third parties
    3. 3
      Travel expenses incurred by employees in their duties directly associated with developing software.
  2. b
    Payroll and payroll-related costs (for example, costs of employee benefits) for employees who are directly associated with and who devote time to the internal-use computer software project, to the extent of the time spent directly on the project. Examples of employee activities include but are not limited to design of chosen path, including software configuration and software interfaces, coding, installation to hardware, and testing, including parallel processing phase.
  3. c
    Interest costs incurred while developing internal-use computer software. Interest shall be capitalized in accordance with the provisions of Subtopic 835-20.
  4. d
    Costs to develop or obtain software that allows for access to or conversion of old data by new systems.
","snippet":"Costs of computer software developed or obtained for internal use that shall be capitalized include only the following:\n(a) External direct costs of materials and services consumed in developing or obtaining internal-use…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:39582da305f66e5e8fe960d7e6617add333cba034997605819a032d028518943","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}},{"citation":"350-40-30-2","para":"30-2","html":"
If the entity suspends substantially all activities related to the software developed or obtained for internal use, interest capitalization shall cease until activities are resumed.
","snippet":"If the entity suspends substantially all activities related to the software developed or obtained for internal use, interest capitalization shall cease until activities are resumed.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6df9d2b67c703fd4e81b1738c29dca4db50e048d7816785f4fd2a25a3e97c886","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}},{"citation":"350-40-30-3","para":"30-3","html":"
General and administrative costs and overhead costs shall not be capitalized as costs of internal-use software.
","snippet":"General and administrative costs and overhead costs shall not be capitalized as costs of internal-use software.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1a644eec59ebd1c44602961cb327fe709edb7428d5c81e8b382308560c41e75a","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e61f0eff32e52cff87187b269a986127ff382557951fd4c1187553cd15ffb1f5","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}},{"block":null,"heading":"Multiple-Element Arrangements Included in Purchase Price","paragraphs":[{"citation":"350-40-30-4","para":"30-4","html":"
Entities may purchase internal-use computer software from a third party or may enter into a hosting arrangement. In some cases, the price includes multiple elements, such as the license or hosting, training for the software, maintenance fees for routine maintenance work to be performed by the third party, data conversion costs, reengineering costs, and rights to future upgrades and enhancements. Entities shall allocate the cost among all individual elements. The allocation shall be based on the relative standalone priceof the elements in the contract, not necessarily separate prices stated within the contract for each element. Those elements included in the scope of this Subtopic shall be accounted for in accordance with the provisions of this Subtopic.
","snippet":"Entities may purchase internal-use computer software from a third party or may enter into a hosting arrangement. In some cases, the price includes multiple elements, such as the license or hosting, training for the softw…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a2fce733f48dcae9033c891191e1e79ca362ac17577610162fb75dc0469717c4","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5fd4e8adb49a5ac2567619582d69d8ca254bf8695a36553d3f1b8d8f042a1c89","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}},{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":null,"paragraphs":[{"citation":"350-40-30-5","para":"30-5","html":"
An entity shall apply the General Subsection of this Section as though the hosting arrangement that is a service contract were an internal-use computer software project to determine when implementation costs of a hosting arrangement that is a service contract are and are not capitalized.
","snippet":"An entity shall apply the General Subsection of this Section as though the hosting arrangement that is a service contract were an internal-use computer software project to determine when implementation costs of a hosting…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:361c9d08154105812bd35b2bdcf44e0a9288f1ad513b6b11a213656941d32136","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cec367f4723783655c506f862636c04f140a91e787b2740d6f77f7f83fd2380a","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3177c19c6fb7c383d3f0ddd4c580e4893c45de777554f8f739f73646cb44665c","downloaded_from":"2026-09-10T00:02:28.885Z","last_downloaded_at":"2026-09-10T00:02:28.885Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482633","source_sha256":"d552065a1f2aa56a378e9d8e14e8ad06dc9f50c5806434f746de3da5485990f9"}},{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":"Impairment","paragraphs":[{"citation":"350-40-35-1","para":"35-1","html":"
Impairment shall be recognized and measured in accordance with the provisions of Section 360-10-35, which requires that assets be grouped at the lowest level for which there are identifiable cash flows that are largely independent of the cash flows of other groups of assets. The guidance is applicable, for example, when one of the following events or changes in circumstances occurs related to computer software being developed or currently in use indicating that the carrying amount may not be recoverable:
  1. a
    Internal-use computer software is not expected to provide substantive service potential.
  2. b
    A significant change occurs in the extent or manner in which the software is used or is expected to be used.
  3. c
    A significant change is made or will be made to the software program.
  4. d
    Costs of developing or modifying internal-use computer software significantly exceed the amount originally expected to develop or modify the software.
","snippet":"Impairment shall be recognized and measured in accordance with the provisions of Section 360-10-35, which requires that assets be grouped at the lowest level for which there are identifiable cash flows that are largely i…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:62eec78c9edc49bf73963ca310e55a9f1ed7b959c7bb1d94f9cc77e8b500e692","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-2","para":"35-2","html":"
Paragraphs
360-10-35-47 through 35-49
requires that the asset be accounted for as abandoned when it ceases to be used.
","snippet":"Paragraphs 360-10-35-47 through 35-49 requires that the asset be accounted for as abandoned when it ceases to be used.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:811cc5be26fe7609482392c7e9d19f60bf8564796b4baef7cad60a45eddede65","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-3","para":"35-3","html":"
When it is no longer probable that computer software being developed will be completed and placed in service, the asset shall be reported at the lower of the carrying amount or fair value, if any, less costs to sell. The rebuttable presumption is that such uncompleted software has a fair value of zero. Indications that the software may no longer be expected to be completed and placed in service include the following:
  1. a
    A lack of expenditures budgeted or incurred for the project.
  2. b
    Programming difficulties that cannot be resolved on a timely basis.
  3. c
    Significant cost overruns.
  4. d
    Information has been obtained indicating that the costs of internally developed software will significantly exceed the cost of comparable third-party software or software products, so that management intends to obtain the third-party software or software products instead of completing the internally developed software.
  5. e
    Technologies are introduced in the marketplace, so that management intends to obtain the third-party software or software products instead of completing the internally developed software.
  6. f
    Business segment or unit to which the software relates is unprofitable or has been or will be discontinued.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4If the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
are no longer met for software being developed, the asset shall be reported at the lower of the carrying amount or fair value, if any, less costs to sell. The rebuttable presumption is that such uncompleted software has a fair value of zero. Indications that the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
are no longer met include the following:
  1. a
    A lack of expenditures budgeted or incurred for the project.
  2. b
    Programming difficulties that cannot be resolved on a timely basis.
  3. c
    Significant cost overruns.
  4. d
    Information has been obtained indicating that the costs of internally developed software will significantly exceed the cost of comparable third-party software or software products, so that management intends to obtain the third-party software or software products instead of completing the internally developed software.
  5. e
    Technologies are introduced in the marketplace, so that management intends to obtain the third-party software or software products instead of completing the internally developed software.
  6. f
    Business segment or unit to which the software relates is unprofitable or has been or will be discontinued.
","snippet":"When it is no longer probable that computer software being developed will be completed and placed in service, the asset shall be reported at the lower of the carrying amount or fair value, if any, less costs to sell. The…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:23a761f212875f9ca648ae58bf687ff6f0b6aca7f3898abbcbe08abd0069adb8","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:13aec5afee0f2cc1eb8b6cd2b607b2fee6ce84fd357c1c4cebdfef29694108b0","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"block":null,"heading":"Amortization","paragraphs":[{"citation":"350-40-35-4","para":"35-4","html":"
The costs of computer software developed or obtained for internal use shall be amortized on a straight-line basis unless another systematic and rational basis is more representative of the software's use.
","snippet":"The costs of computer software developed or obtained for internal use shall be amortized on a straight-line basis unless another systematic and rational basis is more representative of the software's use.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e0bbf218affc2f26a18eda0ed36479af8c1164e2bda7ea7e78119a81e257cce0","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-5","para":"35-5","html":"
In determining and periodically reassessing the estimated useful life over which the costs incurred for internal-use computer software will be amortized, entities shall consider the effects of all of the following:
  1. a
    Obsolescence
  2. b
    Technology
  3. c
    Competition
  4. d
    Other economic factors
  5. e
    Rapid changes that may be occurring in the development of software products, software operating systems, or computer hardware and whether management intends to replace any technologically inferior software or hardware.
Given the history of rapid changes in technology, software often has had a relatively short useful life.
","snippet":"In determining and periodically reassessing the estimated useful life over which the costs incurred for internal-use computer software will be amortized, entities shall consider the effects of all of the following:\n(a) O…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:33bda494596eec173a00956be5528d952e823d9986f7c65187c6febb13d5c2c8","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-6","para":"35-6","html":"
For each module or component of a software project, amortization shall begin when the computer software is ready for its intended use, regardless of whether the software will be placed in service in planned stages that may extend beyond a reporting period. For purposes of this Subtopic, computer software is ready for its intended use after all substantial testing is completed. If the functionality of a module is entirely dependent on the completion of other modules, amortization of that module shall begin when both that module and the other modules upon which it is functionally dependent are ready for their intended use.
","snippet":"For each module or component of a software project, amortization shall begin when the computer software is ready for its intended use, regardless of whether the software will be placed in service in planned stages that m…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3767b47279c75c2ef10d44b12882cc68b228cd156946ef746966f58b1e04710b","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ea35431f59f9567597cb34e6b3dcf8b8b254bb52bb05ea7496be195804bd9eb7","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"block":null,"heading":"Internal-Use Computer Software Subsequently Marketed","paragraphs":[{"citation":"350-40-35-7","para":"35-7","html":"
If, after the development of internal-use software is completed, an entity decides to market the software, proceeds received from the license of the computer software, net of direct incremental costs of marketing, such as commissions, software reproduction costs, warranty and service obligations, and installation costs, shall be applied against the carrying amount of that software.
","snippet":"If, after the development of internal-use software is completed, an entity decides to market the software, proceeds received from the license of the computer software, net of direct incremental costs of marketing, such a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:64515612dcb79fd24a6c0f4b5af1c1e25b31fb5b0eadf6450bea2a7fc5ca49cb","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-8","para":"35-8","html":"
No profit shall be recognized until aggregate net proceeds from licenses and amortization have reduced the carrying amount of the software to zero. Subsequent proceeds shall be recognized as revenuein accordance with Topic 606 on revenue from contracts with customers or recognized as a gain in accordance with Subtopic 610-20 on derecognition of nonfinancial assets if the contract is not with a customer.
","snippet":"No profit shall be recognized until aggregate net proceeds from licenses and amortization have reduced the carrying amount of the software to zero. Subsequent proceeds shall be recognized as revenuein accordance with Top…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7823897b984ea9fe58a4862cbcd960732618313244586b49b937a70f8fc3e992","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-9","para":"35-9","html":"
If, during the development of internal-use software, an entity decides to market the software to others, the entity shall follow the guidance in Subtopic 985-20. Amounts previously capitalized under this Subtopic shall be evaluated at each balance sheet date in accordance with paragraph 985-20-35-4. Capitalized software costs shall be amortized in accordance with paragraphs
985-20-35-1 through 35-2
.
","snippet":"If, during the development of internal-use software, an entity decides to market the software to others, the entity shall follow the guidance in Subtopic 985-20. Amounts previously capitalized under this Subtopic shall b…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:de65a458e2e85f349f609cba8a7b322cb666ff5e7c8700ebd6a0311df763a9a4","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-10","para":"35-10","html":"
A pattern of deciding to market internal-use software during its development creates a rebuttable presumption that any software developed by that entity is intended for sale, lease, or other marketing, and thus is subject to the guidance in Subtopic 985-20.
","snippet":"A pattern of deciding to market internal-use software during its development creates a rebuttable presumption that any software developed by that entity is intended for sale, lease, or other marketing, and thus is subjec…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1dd694b2a066aa6cbb47ae0cd92496873d2187050cf5241c5dbc832f003ae55e","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8f9738869a55938fd775b9de0c763788c0eef1057e93feb1bde2743203f5ed8b","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":"Impairment","paragraphs":[{"citation":"350-40-35-11","para":"35-11","html":"
Impairment shall be recognized and measured in accordance with the provisions of Section 360-10-35 as if the capitalized implementation costs were a long-lived asset. That guidance requires that assets be grouped at the lowest level for which there are identifiable cash flows that are largely independent of the cash flows of other groups of assets. The guidance is applicable, for example, when one of the following events or changes in circumstances occurs related to the hosting arrangement that is a service contract indicating that the carrying amount of the related implementation costs may not be recoverable:
  1. a
    The hosting arrangement is not expected to provide substantive service potential.
  2. b
    A significant change occurs in the extent or manner in which the hosting arrangement is used or is expected to be used.
  3. c
    A significant change is made or will be made to the hosting arrangement.
","snippet":"Impairment shall be recognized and measured in accordance with the provisions of Section 360-10-35 as if the capitalized implementation costs were a long-lived asset. That guidance requires that assets be grouped at the …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:31309bd29ba129d34f7432fbead4fd208b00ef563f0cf7368f986034e184c802","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-12","para":"35-12","html":"
Paragraphs
360-10-35-47 through 35-49
require that the asset be accounted for as abandoned when it ceases to be used. Implementation costs related to each module or component of a hosting arrangement that is a service contract shall be evaluated separately as to when it ceases to be used.
","snippet":"Paragraphs 360-10-35-47 through 35-49 require that the asset be accounted for as abandoned when it ceases to be used. Implementation costs related to each module or component of a hosting arrangement that is a service co…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4dd9015e7d38ca88100f717f6b72d471e1de33aeede089a14a1a56ae373f46ba","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:38755a6d5cc9431804fa7e03855da29dd653f1b15163be7b779d7a25713839a8","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":"Amortization","paragraphs":[{"citation":"350-40-35-13","para":"35-13","html":"
Implementation costs capitalized in accordance with the Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic shall be amortized over the term of the associated hosting arrangement, considering the guidance in paragraph 350-40-35-17, on a straight-line basis unless another systematic and rational basis is more representative of the pattern in which the entity expects to benefit from access to the hosted software. This Subsection considers the right to access the hosted software to be equivalent to actual use, which shall not be affected by the extent to which the entity uses, or the expectations about the entity's use of, the hosted software (for example, how many transactions the entity processes or expects to process or how many users access or are expected to access the hosted software).
","snippet":"Implementation costs capitalized in accordance with the Implementation Costs of a Hosting Arrangement That Is a Service Contract Subsections of this Subtopic shall be amortized over the term of the associated hosting arr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7856d469de2a3f0c59905ce0e44d3db5ce37723249d177b2b8864e776f429ce4","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-14","para":"35-14","html":"
An entity (customer) shall determine the term of the hosting arrangement that is a service contract as the fixed noncancellable term of the hosting arrangement plus all of the following:
  1. a
    Periods covered by an option to extend the hosting arrangement if the entity (customer) is reasonably certain to exercise that option
  2. b
    Periods covered by an option to terminate the hosting arrangement if the entity (customer) is reasonably certain not to exercise that option
  3. c
    Periods covered by an option to extend (or not to terminate) the hosting arrangement in which exercise of the option is controlled by the vendor.
","snippet":"An entity (customer) shall determine the term of the hosting arrangement that is a service contract as the fixed noncancellable term of the hosting arrangement plus all of the following:\n(a) Periods covered by an option …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6c82f0b959034de04b69b2a3051978a01be22a5e44759c64fcd04e0beb0ba1e1","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-15","para":"35-15","html":"
An entity (customer) shall periodically reassess the estimated term of the arrangement and shall account for any change in the estimated term as a change in accounting estimate in accordance with Topic 250 on accounting changes and error corrections.
","snippet":"An entity (customer) shall periodically reassess the estimated term of the arrangement and shall account for any change in the estimated term as a change in accounting estimate in accordance with Topic 250 on accounting …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e501028ce4ac3dba9d9cca073807c939a73204a3daf0852c41b09c8971b152e2","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-16","para":"35-16","html":"
An entity shall consider the effects of all the following when determining the term of the hosting arrangement in accordance with paragraph 350-40-35-14 and when reassessing the term of the hosting arrangement in accordance with paragraph 350-40-35-15:
  1. a
    Obsolescence
  2. b
    Technology
  3. c
    Competition
  4. d
    Other economic factors
  5. e
    Rapid changes that may be occurring in the development of hosting arrangements or hosted software
  6. f
    Significant implementation costs that are expected to have significant economic value for the entity (customer) when the option to extend or terminate the hosting arrangement becomes exercisable.
","snippet":"An entity shall consider the effects of all the following when determining the term of the hosting arrangement in accordance with paragraph 350-40-35-14 and when reassessing the term of the hosting arrangement in accorda…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9625adddbe989f57ddba7af8682eee4dad793eae0263b59f9a927b3696f06255","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"citation":"350-40-35-17","para":"35-17","html":"
For each module or component of a hosting arrangement, an entity shall begin amortizing the capitalized implementation costs related to the hosting arrangement that is a service contract when the module or component of the hosting arrangement is ready for its intended use, regardless of whether the overall hosting arrangement will be placed in service in planned stages that may extend beyond a reporting period. For purposes of this Subsection, a hosting arrangement (or a module or component of a hosting arrangement) is ready for its intended use after all substantial testing is completed. If the functionality of a module or component is entirely dependent on the completion of other modules or components, the entity shall begin amortizing the capitalized implementation costs related to that module or component when both that module or component and the other modules or components upon which it is functionally dependent are ready for their intended use.
","snippet":"For each module or component of a hosting arrangement, an entity shall begin amortizing the capitalized implementation costs related to the hosting arrangement that is a service contract when the module or component of t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:15bdab143a0539c07345d158b7f66cf730a16d797fcaabc694d252358bbabd60","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ed35e44e52b8dfac0ba5226f6151227f02ed416f167921253c5a5786a9ab918c","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:108a9b404df763d9fa6f9aa93015edc0a84a3b5e12649606069c0cb461a95803","downloaded_from":"2026-09-10T00:02:32.106Z","last_downloaded_at":"2026-09-10T00:02:32.106Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482609","source_sha256":"f93a448fee062e75695dd4a819f7c8c1cf04a99f8aad835eddc8d881f27fcc87"}},{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":"Amortization","paragraphs":[{"citation":"350-40-45-1","para":"45-1","html":"
An entity shall present the amortization of implementation costs described in paragraph 350-40-35-13 in the same line item in the statement of income as the expense for fees for the associated hosting arrangement.
","snippet":"An entity shall present the amortization of implementation costs described in paragraph 350-40-35-13 in the same line item in the statement of income as the expense for fees for the associated hosting arrangement.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:47a507d3f5bbae4383dd0030a98a046a92bc2343e753f25646e8a34ef40c5aab","downloaded_from":"2026-09-10T00:02:34.682Z","last_downloaded_at":"2026-09-10T00:02:34.682Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482583","source_sha256":"b1477f17a89444e13f7909210737f60ccb62fcfab6c4f86e4fdaedc247b5f9dc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9e49ac35408cd11a088341e35dc9aaf41d313f0b39c9d728d53204af6c77b285","downloaded_from":"2026-09-10T00:02:34.682Z","last_downloaded_at":"2026-09-10T00:02:34.682Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482583","source_sha256":"b1477f17a89444e13f7909210737f60ccb62fcfab6c4f86e4fdaedc247b5f9dc"}},{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":"Statement of Financial Position","paragraphs":[{"citation":"350-40-45-2","para":"45-2","html":"
An entity shall present the capitalized implementation costs described in paragraph 350-40-25-18 in the same line item in the statement of financial position that a prepayment of the fees for the associated hosting arrangement would be presented.
","snippet":"An entity shall present the capitalized implementation costs described in paragraph 350-40-25-18 in the same line item in the statement of financial position that a prepayment of the fees for the associated hosting arran…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ee2cc142075fcd59ca28f6914f7451923e72802f2b7ab7e0284b9f5e7737b522","downloaded_from":"2026-09-10T00:02:34.682Z","last_downloaded_at":"2026-09-10T00:02:34.682Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482583","source_sha256":"b1477f17a89444e13f7909210737f60ccb62fcfab6c4f86e4fdaedc247b5f9dc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3d9c99023e73d3b505cfee1d82f7f0d24c285c59e51bd2de1cd3af5a7b505c23","downloaded_from":"2026-09-10T00:02:34.682Z","last_downloaded_at":"2026-09-10T00:02:34.682Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482583","source_sha256":"b1477f17a89444e13f7909210737f60ccb62fcfab6c4f86e4fdaedc247b5f9dc"}},{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":"Statement of Cash Flows","paragraphs":[{"citation":"350-40-45-3","para":"45-3","html":"
An entity shall classify the cash flows from capitalized implementation costs described in paragraph 350-40-25-18 in the same manner as the cash flows for the fees for the associated hosting arrangement.
","snippet":"An entity shall classify the cash flows from capitalized implementation costs described in paragraph 350-40-25-18 in the same manner as the cash flows for the fees for the associated hosting arrangement.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b1c7b085865f4125c13aa74a2ea8e5334f41942967fd10db70f4014b6bdc794a","downloaded_from":"2026-09-10T00:02:34.682Z","last_downloaded_at":"2026-09-10T00:02:34.682Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482583","source_sha256":"b1477f17a89444e13f7909210737f60ccb62fcfab6c4f86e4fdaedc247b5f9dc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:254481cadd9f68f9f35581023fd16b2c21893b86ecf4e82b478defcb437d5c9f","downloaded_from":"2026-09-10T00:02:34.682Z","last_downloaded_at":"2026-09-10T00:02:34.682Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482583","source_sha256":"b1477f17a89444e13f7909210737f60ccb62fcfab6c4f86e4fdaedc247b5f9dc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9224de48c090d0fc0801b0bcf333b08cb66d431c345bb6f7a248d3e332eb8b3","downloaded_from":"2026-09-10T00:02:34.682Z","last_downloaded_at":"2026-09-10T00:02:34.682Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482583","source_sha256":"b1477f17a89444e13f7909210737f60ccb62fcfab6c4f86e4fdaedc247b5f9dc"}},{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-40-50-1","para":"50-1","html":"
The General Subsection of this Subtopic does not require any incremental disclosures. Disclosure shall be made in accordance with existing authoritative literature including the following:
  1. a
    Topic 275
  2. b
    Subtopic 730-10
  3. c
    Topic 235
  4. d
    Subtopic 360-10.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4The disclosure requirements in Subtopic 360-10 on property, plant, and equipment apply to capitalized costs accounted for under this Subtopic, regardless of how those costs are presented in the financial statements. For purposes of applying those disclosure requirements, any disclosures in Subtopic 360-10 related to property, plant, and equipment shall be applied to internal-use software costs and related amortization. Additionally, disclosure shall be made in accordance with existing authoritative literature including the following:
  1. a
    Topic 275
  2. b
    Subtopic 730-10
  3. c
    Topic 235
  4. d
","snippet":"The General Subsection of this Subtopic does not require any incremental disclosures. Disclosure shall be made in accordance with existing authoritative literature including the following:\n(a) Topic 275\n(b) Subtopic 730-…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aa0cf4ecbe3dadd100e9bc08673c6e924d42eb374e439d5670c03cfe9de54d6c","downloaded_from":"2026-09-10T00:02:37.630Z","last_downloaded_at":"2026-09-10T00:02:37.630Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482558","source_sha256":"8d924acf3aa218aff7ee9088cc15b6276c856217b5616e1678d99728b7b832ce"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f6c1c2dd9eb26507283438c6da1224c052990d66be57ae75ed291594aa48f924","downloaded_from":"2026-09-10T00:02:37.630Z","last_downloaded_at":"2026-09-10T00:02:37.630Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482558","source_sha256":"8d924acf3aa218aff7ee9088cc15b6276c856217b5616e1678d99728b7b832ce"}},{"block":"Implementation Costs of a Hosting Arrangement That Is a Service Contract","heading":null,"paragraphs":[{"citation":"350-40-50-2","para":"50-2","html":"
An entity shall disclose the nature of its hosting arrangements that are service contracts.
","snippet":"An entity shall disclose the nature of its hosting arrangements that are service contracts.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5551d62ef7d98277d5347d167e05598d9396566de302a95a77959c1065d06f45","downloaded_from":"2026-09-10T00:02:37.630Z","last_downloaded_at":"2026-09-10T00:02:37.630Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482558","source_sha256":"8d924acf3aa218aff7ee9088cc15b6276c856217b5616e1678d99728b7b832ce"}},{"citation":"350-40-50-3","para":"50-3","html":"
The disclosure requirements in the General Subsection of this Section are applicable to the capitalized implementation costs of hosting arrangements that are service contracts. An entity shall make the disclosures in Subtopic 360-10 as if the capitalized implementation costs were a separate major class of depreciable asset.
Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:
220-40-65-1The disclosure requirements in the General Subsection of this Section are applicable to the capitalized implementation costs of hosting arrangements that are service contracts. An entity shall make the disclosures in Subtopic 360-10 as if the capitalized implementation costs were a separate major class of depreciable asset. See paragraphs
220-40-50-21 through 50-25
for additional disclosure requirements.
","snippet":"The disclosure requirements in the General Subsection of this Section are applicable to the capitalized implementation costs of hosting arrangements that are service contracts. An entity shall make the disclosures in Sub…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4a74594bedfa29fa182552b0d768a715bc07b2bc4f7b16597856e2a28726d342","downloaded_from":"2026-09-10T00:02:37.630Z","last_downloaded_at":"2026-09-10T00:02:37.630Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482558","source_sha256":"8d924acf3aa218aff7ee9088cc15b6276c856217b5616e1678d99728b7b832ce"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e847fa17a001ebf8d70037df2494c8d2ab4bd0570a919553a0af95a15a99bc29","downloaded_from":"2026-09-10T00:02:37.630Z","last_downloaded_at":"2026-09-10T00:02:37.630Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482558","source_sha256":"8d924acf3aa218aff7ee9088cc15b6276c856217b5616e1678d99728b7b832ce"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c568dd4acfbac14d7095740ded5e166b45c1cbf5af8bd7c45381b25c6b8c5bae","downloaded_from":"2026-09-10T00:02:37.630Z","last_downloaded_at":"2026-09-10T00:02:37.630Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482558","source_sha256":"8d924acf3aa218aff7ee9088cc15b6276c856217b5616e1678d99728b7b832ce"}},{"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":"350-40-55-1","para":"55-1","html":"
The following is a list of examples illustrating when computer software is for internal use:
  1. a
    A manufacturing entity purchases robots and customizes the software that the robots use to function. The robots are used in a manufacturing process that results in finished goods.
  2. b
    An entity develops software that helps it improve its cash management, which may allow the entity to earn more revenue.
  3. c
    An entity purchases or develops software to process payroll, accounts payable, and accounts receivable.
  4. d
    An entity purchases software related to the installation of an online system used to keep membership data.
  5. e
    A travel agency purchases a software system to price vacation packages and obtain airfares.
  6. f
    A bank develops software that allows a customer to withdraw cash, inquire about balances, make loan payments, and execute wire transfers.
  7. g
    A mortgage loan servicing entity develops or purchases computer software to enhance the speed of services provided to customers.
  8. h
    A telecommunications entity develops software to run its switches that are necessary for various telephone services such as voice mail and call forwarding.
  9. i
    An entity is in the process of developing an accounts receivable system. The software specifications meet the entity's internal needs and the entity did not have a marketing plan before or during the development of the software. In addition, the entity has not sold any of its internal-use software in the past. Two years after completion of the project, the entity decided to market the product to recoup some or all of its costs.
  10. j
    A broker-dealer entity develops a software database and charges for financial information distributed through the database.
  11. k
    An entity develops software to be used to create components of music videos (for example, the software used to blend and change the faces of models in music videos). The entity then sells the final music videos, which do not contain the software, to another entity.
  12. l
    An entity purchases software to computerize a manual catalog and then sells the manual catalog to the public.
  13. m
    A law firm develops an intranet research tool that allows firm members to locate and search the firm's databases for information relevant to their cases. The system provides users with the ability to print cases, search for related topics, and annotate their personal copies of the database.
","snippet":"The following is a list of examples illustrating when computer software is for internal use:\n(a) A manufacturing entity purchases robots and customizes the software that the robots use to function. The robots are used in…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:300a4e984d0791756537871d0c7514211cfa546ec1bff6e6c0a64e9ed12c04ad","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-2","para":"55-2","html":"
The following list provides examples of computer software that is not for internal use:
  1. a
    An entity sells software required to operate its products, such as robots, electronic game systems, video cassette recorders, automobiles, voice-mail systems, satellites, and cash registers.
  2. b
    A pharmaceutical entity buys machines and writes all of the software that allows the machines to function. The pharmaceutical entity then sells the machines, which help control the dispensation of medication to patients and help control inventory, to hospitals.
  3. c
    A semiconductor entity develops software embedded in a microcomputer chip used in automobile electronic systems.
  4. d
    An entity purchases software to computerize a manual catalog and then sells the computer version and the related software to the public.
  5. e
    A software entity develops an operating system for sale and for internal use. Though the specifications of the software meet the entity's internal needs, the entity had a marketing plan before the project was complete. In addition, the entity has a history of selling software that it also uses internally and the plan has a reasonable possibility of being implemented.
  6. f
    An entity is developing software for a point-of-sale system. The system is for internal use; however, a marketing plan is being developed concurrently with the software development. The plan has a reasonable possibility of being implemented.
  7. g
    A telecommunications entity purchases computer software to be used in research and development activities.
  8. h
    An entity incurs costs to develop computer software for another entity under a contract with that other entity.
","snippet":"The following list provides examples of computer software that is not for internal use:\n(a) An entity sells software required to operate its products, such as robots, electronic game systems, video cassette recorders, au…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1d9dba1babb001d77b28d0cee3732949c0be3452aa8fbd2bba634784d6aea3f4","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-3","para":"55-3","html":"
The following list illustrates the various stages and related processes of computer software development:
  1. a
    Preliminary project stage:
    1. 1
      Conceptual formulation of alternatives
    2. 2
      Evaluation of alternatives
    3. 3
      Determination of existence of needed technology
    4. 4
      Final selection of alternatives.
  2. b
    Application development stage:
    1. 1
      Design of chosen path, including software configuration and software interfaces
    2. 2
      Coding
    3. 3
      Installation to hardware
    4. 4
      Testing, including parallel processing phase.
  3. c
    Postimplementation-operation stage:
    1. 1
      Training
    2. 2
      Application maintenance.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"The following list illustrates the various stages and related processes of computer software development:\n(a) Preliminary project stage:\n(1) Conceptual formulation of alternatives\n(2) Evaluation of alternatives\n(3) Deter…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:87ba1618acbaa4c20c0b73b40aa49ef48bbab4eca2d57be1c29f47fce4b3112e","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-4","para":"55-4","html":"
This Subtopic recognizes that the development of internal-use computer software may not follow the order shown in the preceding list. For example, coding and testing are often performed simultaneously. Regardless, for costs incurred subsequent to completion of the preliminary project stage, the guidance shall be applied based on the nature of the costs incurred, not the timing of their incurrence. For example, while some training may occur in the application development stage, it should be expensed as incurred as required in paragraphs
350-40-25-2 through 25-6
.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4This Subtopic recognizes that certain development activities such as coding and testing are often performed simultaneously. Regardless, for costs incurred subsequent to meeting the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
, the guidance shall be applied based on the nature of the costs incurred, not the timing of their incurrence. For example, while some training may occur subsequent to meeting the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
and before the software project is substantially complete and ready for its intended use, it should be expensed as incurred as required in paragraph 350-40-25-4.
","snippet":"This Subtopic recognizes that the development of internal-use computer software may not follow the order shown in the preceding list. For example, coding and testing are often performed simultaneously. Regardless, for co…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:880e403f3aeacbd84cdca0b7f0a64d70c81021ae60eb5a94f23d8a24f08d630f","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bd7bdd20b053fc8541948e8eedd3a19845ae5dbd3e7a4b961f908a05cd573387","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"block":null,"heading":"Illustrations","paragraphs":[{"citation":"350-40-55-5","para":"55-5","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4On February 1, 20X3, a professional services company starts internal discussions to transform its information technology by implementing an enterprise resource planning system to support finance, human resources, accounting, and client relationships.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4On February 1, 20X3, a professional services company starts internal discussions to transform its information technology by imple…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f74849071b5684e6db768ccaedb735af95a2741df3abd6c8d71eb740b233ca68","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-6","para":"55-6","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4After researching different solutions and performing its due diligence procedures, management executes a contract with a third party on August 1, 20X3, to implement and customize a hybrid solution that offers on-premises software and cloud computing services for the enterprise resource planning system. Within this solution, the third party offers different functionality and features, and the company will have to make customization decisions throughout the development process to select which functionality and features it wants included.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4After researching different solutions and performing its due diligence procedures, management executes a contract with a third pa…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f987c03be682c971174e9b362ab51af1cae5e8f2c76dd0ea62e3286620a650da","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-7","para":"55-7","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4The company assesses whether the internal and external costs to implement and customize the enterprise resource planning system meet the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
, as follows:
  1. a
    As part of its assessment under paragraph 350-40-25-12(c), the company evaluates whether there is significant development uncertainty in accordance with paragraph 350-40-25-12A. As of August 1, 20X3, the company determines that:
    1. 1
      It has identified the significant performance requirements and does not expect to continue to substantially revise those requirements because the only expected customization is selecting from existing functionality and features.
    2. 2
      The software being developed does not have technological innovations or novel, unique, or unproven functions or features because the company has selected a developed solution.
    Therefore, as of August 1, 20X3, the company determines that significant development uncertainty does not exist.
  2. b
    The company evaluates the requirements in paragraph 350-40-25-12 to determine when to begin capitalizing software costs:
    1. 1
      The company determines that management authorized and committed to funding the software project on August 1, 20X3, when it executed the contract with the third party.
    2. 2
      Considering all other relevant facts and circumstances (for example, the company has engaged an established and experienced third party to implement and customize the software), as of August 1, 20X3, the company determines that it is probable that the software project will be completed and the software will be used to perform the function intended.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4The company assesses whether the internal and external costs to implement and customize the enterprise resource planning system m…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5162c5952eb04568bcbf3e1cad1e55bacfdb200e12e6605437835953480e2b12","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-8","para":"55-8","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4As a result, on August 1, 20X3, the company determines that the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
are met, and it begins capitalizing eligible software costs, including those related to implementation and customization of the on-premises software license and those related to implementation of the cloud computing service features of the hybrid solution.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4As a result, on August 1, 20X3, the company determines that the capitalization requirements in paragraphs 350-40-25-12 through 25…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:92fa5bf0f8cdb53ae326a3c0e962a01a9ec249c5e65054d767366bd9f79f4bf6","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-9","para":"55-9","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4A company is in the process of internally developing X-Crowd, which is a mobile application that will allow users to see how crowded a restaurant or store is on the basis of a user’s real-time input. An internet connection is required to be able to access the application.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4A company is in the process of internally developing X-Crowd, which is a mobile application that will allow users to see how crow…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:89960eaa1af16e49e7190d576269079067e03d34e7bdce716cda7daec4c86da9","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-10","para":"55-10","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4On February 1, 20X1, management approved funding for internal development of the application. However, the company has not yet identified what functions and features would be included in the application. Through November 30, 20X1, the company continues to develop the functions and features of the application, including getting feedback on preliminary product versions from user groups and modifying the development of those functions and features to incorporate the feedback. On December 1, 20X1, management determines that it has identified the significant performance requirements (the significant functions and features it needs the application to have), and it does not anticipate substantial changes to those requirements. Throughout the development of X-Crowd, management determines that the application does not have technological innovations or novel, unique, or unproven functions or features.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4On February 1, 20X1, management approved funding for internal development of the application. However, the company has not yet id…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6f33a38a3eb7e4a5f9c3fe369cd73665c97cfd0e16bb9d1db6997ce1552ab0bf","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-11","para":"55-11","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4The company assesses whether the internal and external costs to develop the application meet the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
, as follows:
  1. a
    As part of its assessment under paragraph 350-40-25-12(c), the company evaluates whether there is significant development uncertainty in accordance with paragraph 350-40-25-12A. As of February 1, 20X1, the company determines that:
    1. 1
      It has not yet identified the significant performance requirements.
    2. 2
      The software being developed does not have technological innovations or novel, unique, or unproven functions or features.
    Therefore, as of February 1, 20X1, the company determines that significant development uncertainty exists and, in accordance with paragraph 350-40-25-12A, the software project does not meet the requirements to begin capitalizing software costs in paragraph 350-40-25-12(c).
  2. b
    As of December 1, 20X1, the company determines that:
    1. 1
      It has identified the significant performance requirements and does not expect to continue to substantially revise those requirements.
    2. 2
      The software being developed does not have technological innovations or novel, unique, or unproven functions or features.
    Therefore, as of December 1, 20X1, the company determines that significant development uncertainty has been resolved.
  3. c
    As of December 1, 20X1, the company evaluates the requirements in paragraph 350-40-25-12 to determine when to begin capitalizing software costs:
    1. 1
      The company determines that management authorized and committed to funding the software project on February 1, 20X1, when it approved funding for internal development of the application.
    2. 2
      Considering all other relevant facts and circumstances, as of December 1, 20X1, the company determines that it is probable that the software project will be completed and the software will be used to perform the function intended.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4The company assesses whether the internal and external costs to develop the application meet the capitalization requirements in p…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0d57833dfacef73273ea75fd76d8f9016db2d64df5d104e30e0f2ff827dea822","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-12","para":"55-12","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4As a result, on December 1, 20X1, the company determines that the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
are met, and it begins capitalizing eligible software costs.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4As a result, on December 1, 20X1, the company determines that the capitalization requirements in paragraphs 350-40-25-12 through …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fec456a66bd4fe325fa3bdfb6464ebcb27ccd53595f9f2574be7e96902a71eb8","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-13","para":"55-13","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4On January 1, 20X1, a software development company starts discussions to develop software with novel functionality.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4On January 1, 20X1, a software development company starts discussions to develop software with novel functionality.","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6071d0f12e221b922eeb09b464c8f8d6ca6a8e013965521d17abf695e2a7ad3b","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-14","para":"55-14","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4On February 1, 20X1, management completes its due diligence procedures, approves a budget to internally develop the software, and allocates an internal development team to start developing the novel software. At the time that the company started discussions and management approved a budget, the software still had novel functionality.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4On February 1, 20X1, management completes its due diligence procedures, approves a budget to internally develop the software, and…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a18a6983fc11961886a927a4e6c2b94966708f2b8de8b99cb1d5faf520206122","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-15","para":"55-15","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4On March 1, 20X3, the company resolves the uncertainty related to the novel functionality through coding and testing. Additionally, on March 1, 20X3, the company determines that it does not expect substantial changes to the identified significant performance requirements (the significant functions and features) included in the software. On April 1, 20X3, the company determines that all substantial testing is completed.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4On March 1, 20X3, the company resolves the uncertainty related to the novel functionality through coding and testing. Additionall…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e2ae23bad0437039d459ee8a8cc60ed59caa3804f994204b1139514d871056ba","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-16","para":"55-16","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4The company assesses whether the internal and external costs to develop the software meet the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
, as follows:
  1. a
    As part of its assessment under paragraph 350-40-25-12(c), the company evaluates whether there is significant development uncertainty in accordance with paragraph 350-40-25-12A. As of February 1, 20X1, the company determines that:
    1. 1
      It has not yet identified the significant performance requirements.
    2. 2
      The software being developed has novel functionality and that functionality has not been resolved through coding and testing.
    Therefore, as of February 1, 20X1, the company determines that significant development uncertainty exists and, in accordance with paragraph 350-40-25-12A, the software project does not meet the requirements to begin capitalizing software costs in paragraph 350-40-25-12(c).
  2. b
    As of March 1, 20X3, the company determines that:
    1. 1
      It has identified the significant performance requirements and does not expect to continue to substantially revise those requirements.
    2. 2
      The uncertainty related to the novel functionality has been resolved through coding and testing.
    Therefore, as of March 1, 20X3, the company determines that significant development uncertainty has been resolved.
  3. c
    As of March 1, 20X3, the company evaluates the requirements in paragraph 350-40-25-12 to determine when to begin capitalizing software costs:
    1. 1
      The company determines that management authorized and committed to funding the software project on February 1, 20X1, when it approved a budget and allocated an internal development team.
    2. 2
      Considering all other relevant facts and circumstances, as of March 1, 20X3, the company determines that it is probable that the software project will be completed and the software will be used to perform the function intended.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4The company assesses whether the internal and external costs to develop the software meet the capitalization requirements in para…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:901f67bf59b38ceea97e5a087c1a42dd54276249b48ac78210383bc6d08775d3","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-17","para":"55-17","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4As a result, on March 1, 20X3, the company determines that the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
are met, and it begins capitalizing eligible software costs. On April 1, 20X3, the company determines that the software project is substantially complete and ready for its intended use because all substantial testing has been completed. Therefore, the company ceases capitalizing eligible software costs on April 1, 20X3, in accordance with paragraph 350-40-25-14.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4As a result, on March 1, 20X3, the company determines that the capitalization requirements in paragraphs 350-40-25-12 through 25-…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:dbd1ee88828f1fcc75e36cbc582c36ab633a631ecbf818e86f7798add5849217","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-18","para":"55-18","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4An animal rescue organization starts discussions on June 15, 20X5, to develop a website that will be used to share information with users of the organization, including hours of operation, contact details, animals available for adoption, and standard adoption procedures.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4An animal rescue organization starts discussions on June 15, 20X5, to develop a website that will be used to share information wi…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2e0db9963a20b0ab13a0ea5037f8105b9be772ebc742d3177b460ccf60081a22","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-19","para":"55-19","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4After researching different website developers and performing its due diligence procedures, management executes a contract with a third party on August 1, 20X5, to develop a website for the organization. The third party is an established website developer and offers different templates that the organization can use to create its website. In addition to website development fees paid to the third party, the organization incurs costs:
  1. a
    To obtain and register an internet domain
  2. b
    To input content into the website
  3. c
    To develop initial graphics for the website
  4. d
    To register the website with internet search engines
  5. e
    For ongoing website hosting fees.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4After researching different website developers and performing its due diligence procedures, management executes a contract with a…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:53a7ae467507a8b62c29ba203005a662df152846dca61229320d2a7f37f8bbd3","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-20","para":"55-20","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4The organization assesses whether the internal and external costs to develop the website meet the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
, as follows:
  1. a
    As part of its assessment under paragraph 350-40-25-12(c), the organization evaluates whether there is significant development uncertainty in accordance with paragraph 350-40-25-12A. As of August 1, 20X5, the organization determines that:
    1. 1
      It has identified the significant performance requirements and does not expect to continue to substantially revise those requirements because the website will be created from existing templates that the organization can use to share the information described in paragraph 350-40-55-18.
    2. 2
      The website being developed does not have technological innovations or novel, unique, or unproven functions or features because it will be developed from existing templates.
    Therefore, as of August 1, 20X5, the organization determines that significant development uncertainty does not exist.
  2. b
    The organization evaluates the requirements in paragraph 350-40-25-12 to determine when to begin capitalizing costs:
    1. 1
      The organization determines that management authorized and committed to funding the development of the website on August 1, 20X5, when it executed the contract with the third party.
    2. 2
      Considering all other relevant facts and circumstances (for example, the organization has engaged an established and experienced third party to develop the website), as of August 1, 20X5, the organization determines that it is probable that the project will be completed and the website will be used to perform the function intended.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4The organization assesses whether the internal and external costs to develop the website meet the capitalization requirements in …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:538bd2c8946dd25fb29b513db95ab838bd43e3b51c1513ee69a3769c75956671","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"citation":"350-40-55-21","para":"55-21","html":"
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4As a result, on August 1, 20X5, the organization determines that the capitalization requirements in paragraphs
350-40-25-12 through 25-12A
are met, and it begins capitalizing eligible costs. In evaluating which costs are eligible for capitalization, the organization determines the following:
  1. a
    Fees paid to the third party for services to develop the website are evaluated for capitalization in accordance with paragraph 350-40-30-1.
  2. b
    Costs incurred to obtain and register the internet domain are evaluated for capitalization in accordance with paragraph 350-40-25-17J.
  3. c
    Costs incurred to input content into the website are expensed as incurred in accordance with paragraph 350-40-25-17G.
  4. d
    Costs incurred to develop initial graphics for the website are evaluated for capitalization in accordance with paragraph 350-40-25-17H.
  5. e
    Costs incurred to register the website with internet search engines are expensed as incurred in accordance with paragraph 350-40-25-17I.
  6. f
    Ongoing website hosting fees are expensed over the period of benefit in accordance with paragraph 350-40-25-17F.
","snippet":"Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4As a result, on August 1, 20X5, the organization determines that the capitalization requirements in paragraphs 350-40-25-12 throu…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:70539ea92dd381345e291fb25922739ef8f77333f0404e1da4ff90458e742fb0","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:08e05190cdb7b9961cd479c5f7a66ae73b57eebbc3c10b0dafbc1ae363a506da","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:907fec2ed60a3ccf9bc457f1019581911a37cbd5480de4d1dcfdd62cb3eedc30","downloaded_from":"2026-09-10T00:02:39.961Z","last_downloaded_at":"2026-09-10T00:02:39.961Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482538","source_sha256":"b2cf79b67c71a571ab953e339b5bb8a0463b4c46eb53cba0959cf15bed9a8a4e"}},{"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":"350-40-65-1","para":"65-1","html":"
Paragraph superseded on 10/26/2017 after the end of the transition period stated in Accounting Standards Update No. 2015-05, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting for Fees Paid in a Cloud Computing Arrangement.
","snippet":"Paragraph superseded on 10/26/2017 after the end of the transition period stated in Accounting Standards Update No. 2015-05, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting f…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6b8a3fae11132fc4772d3b5291edd813f810ddb2ee38b74635f2b2a235628759","downloaded_from":"2026-09-10T00:02:43.475Z","last_downloaded_at":"2026-09-10T00:02:43.475Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482705","source_sha256":"37fa67ea5957a42818a8a9d4d6aaded867b6edb6c12fcd8d7ad674fd87d62ccc"}},{"citation":"350-40-65-2","para":"65-2","html":"
Paragraph superseded on 07/17/2019 after the end of the transition period stated in Accounting Standards Update No. 2016-19, Technical Corrections and Improvements.
","snippet":"Paragraph superseded on 07/17/2019 after the end of the transition period stated in Accounting Standards Update No. 2016-19, Technical Corrections and Improvements.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:132d4b75fdfa08306a2938cd6c111d1d0be86c0d9c99fef0c10b14f5a0a4f9d0","downloaded_from":"2026-09-10T00:02:43.475Z","last_downloaded_at":"2026-09-10T00:02:43.475Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482705","source_sha256":"37fa67ea5957a42818a8a9d4d6aaded867b6edb6c12fcd8d7ad674fd87d62ccc"}},{"citation":"350-40-65-3","para":"65-3","html":"
Paragraph superseded on 12/14/2022 after the end of the transition period stated in Accounting Standards Update No. 2018-15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract.
","snippet":"Paragraph superseded on 12/14/2022 after the end of the transition period stated in Accounting Standards Update No. 2018-15, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Customer's Accounting f…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4b074ffb073ec11e75837523783bc4b2f8510a725c2d63e4c6725cd948690ecd","downloaded_from":"2026-09-10T00:02:43.475Z","last_downloaded_at":"2026-09-10T00:02:43.475Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482705","source_sha256":"37fa67ea5957a42818a8a9d4d6aaded867b6edb6c12fcd8d7ad674fd87d62ccc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9e13e6c52910b9752ef71ca0437018981731151a9d91db56558860aa5930987","downloaded_from":"2026-09-10T00:02:43.475Z","last_downloaded_at":"2026-09-10T00:02:43.475Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482705","source_sha256":"37fa67ea5957a42818a8a9d4d6aaded867b6edb6c12fcd8d7ad674fd87d62ccc"}},{"block":null,"heading":"Transition Related to Accounting Standards Update No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software","paragraphs":[{"citation":"350-40-65-4","para":"65-4","html":"
Accounting Standards Update 2025-06
2029-6-13
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
2027-12-16
The following represents the transition and effective date information related to Accounting Standards Update No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software:
Effective date and early adoption
  1. a
    All entities shall apply the pending content that links to this paragraph for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods.
  2. b
    Early adoption of the pending content that links to this paragraph is permitted in an interim or annual reporting period in which financial statements have not yet been issued or made available for issuance. If an entity adopts the pending content that links to this paragraph in an interim reporting period, it shall adopt the pending content as of the beginning of the annual reporting period that includes that interim reporting period.
Transition methods
  1. c
    An entity shall apply the pending content that links to this paragraph using one of the following transition methods:
    1. 1
      Prospectively to new software costs incurred for all projects, including costs incurred for in-process projects, during annual reporting periods (and interim reporting periods within those annual reporting periods) beginning after the date that the pending content that links to this paragraph is adopted.
    2. 2
      On a modified transition approach, as follows:
      1. i
        Prospectively to new software costs incurred (for all projects, including costs incurred for in-process projects), excluding those described in (c)(2)(ii), during annual reporting periods (and interim reporting periods within those annual reporting periods) beginning after the date that the pending content that links to this paragraph is adopted.
      2. ii
        For an in-process project that, as of the date that the pending content that links to this paragraph is adopted, the entity determines does not meet the capitalization requirements in paragraphs
        350-40-25-12 through 25-12A
        but had met the capitalization requirements before that date, the entity shall derecognize capitalized costs for that in-process project through a cumulative-effect adjustment to the opening balance of retained earnings (or other appropriate components of equity or net assets in the statement of financial position) as of the beginning of the annual reporting period in which the pending content that links to this paragraph is adopted.
    3. 3
      Retrospectively through a cumulative-effect adjustment to the opening balance of retained earnings (or other appropriate components of equity or net assets in the statement of financial position) as of the beginning of the first period presented.
Transition disclosures
  1. d
    An entity that applies the pending content that links to this paragraph prospectively in accordance with (c)(1) shall provide the transition disclosures required by paragraph 250-10-50-1(a) in both the interim reporting period (if applicable) and the annual reporting period of the change.
  2. e
    An entity that applies the pending content that links to this paragraph using a modified transition approach in accordance with (c)(2) shall provide the transition disclosures required by paragraph 250-10-50-1(a) and the cumulative effect of the change on retained earnings (or other components of equity or net assets in the statement of financial position) as of the beginning of the annual reporting period in which the pending content that links to this paragraph is adopted in both the interim reporting period (if applicable) and the annual reporting period of the change.
  3. f
    An entity that applies the pending content that links to this paragraph retrospectively in accordance with (c)(3) shall provide the transition disclosures required by paragraph 250-10-50-1(a) through (b)(1), (b)(2) for any prior periods retrospectively adjusted, and (b)(3) and (c)(2) in both the interim reporting period (if applicable) and the annual reporting period of the change.
","snippet":"Accounting Standards Update 2025-06The following represents the transition and effective date information related to Accounting Standards Update No. 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:effd04a6c0274316ae28c38acda994c408cba1c0f9858c2da95600b78b8fa052","downloaded_from":"2026-09-10T00:02:43.475Z","last_downloaded_at":"2026-09-10T00:02:43.475Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482705","source_sha256":"37fa67ea5957a42818a8a9d4d6aaded867b6edb6c12fcd8d7ad674fd87d62ccc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:97f637b5f94544b28d034dd6d1045912a126552a9ef780ae9ef1c4ec687df869","downloaded_from":"2026-09-10T00:02:43.475Z","last_downloaded_at":"2026-09-10T00:02:43.475Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482705","source_sha256":"37fa67ea5957a42818a8a9d4d6aaded867b6edb6c12fcd8d7ad674fd87d62ccc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1b64d48da0ce6f79e53d7a752e8e16e2773fa59e27d35f8103f78a4e67df16cf","downloaded_from":"2026-09-10T00:02:43.475Z","last_downloaded_at":"2026-09-10T00:02:43.475Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482705","source_sha256":"37fa67ea5957a42818a8a9d4d6aaded867b6edb6c12fcd8d7ad674fd87d62ccc"}}],"enrichment":{"summary":"ASC 350-40 governs the accounting for costs of computer software acquired, developed, or modified solely for an entity's internal needs (with no substantive plan to market it externally), and for implementation costs of hosting arrangements that are service contracts. Under current guidance, preliminary project stage costs and training/data conversion costs are expensed, while internal and external direct costs incurred during the application development stage are capitalized (350-40-25-1 through 25-6) once management authorizes and commits funding and completion is probable (350-40-25-12). Capitalized amounts are amortized straight-line beginning when the software is ready for its intended use (350-40-35-4 through 35-6) and tested for impairment under Section 360-10-35.","key_points":["Software is 'internal use' only if it is acquired, internally developed, or modified solely to meet internal needs AND no substantive plan exists or is being developed to market it externally (350-40-15-2A); a past practice of both using and selling software creates a rebuttable presumption the software is intended for sale (350-40-15-2C).","Preliminary project stage costs are expensed as incurred and application development stage costs are capitalized, while training, data conversion (except access/conversion software), maintenance, general and administrative, and overhead costs are expensed (350-40-25-1 through 25-6; 350-40-30-3).","Only external direct costs of materials and services, payroll and payroll-related costs of employees devoting time directly to the project, and interest under Subtopic 835-20 may be capitalized (350-40-30-1); multiple-element prices are allocated based on relative standalone price (350-40-30-4).","Capitalization begins when the preliminary project stage is complete, management with relevant authority authorizes and commits funding, and completion is probable (350-40-25-12), and ceases no later than when the project is substantially complete and ready for its intended use, that is, after all substantial testing (350-40-25-14).","A hosting arrangement is a software license within this Subtopic only if the customer can take possession of the software at any time without significant penalty and it is feasible to run or host it elsewhere (350-40-15-4A); otherwise it is a service contract whose capitalized implementation costs are amortized over the hosting term and presented in the same income statement, balance sheet, and cash flow lines as the hosting fees (350-40-35-13; 350-40-45-1 through 45-3).","Amortization is straight-line unless another systematic and rational basis is more representative and begins per module when it is ready for its intended use (350-40-35-4 through 35-6); unamortized costs of replaced software are expensed when the new software is ready for use (350-40-25-15).","Impairment follows Section 360-10-35; when it is no longer probable the software will be completed and placed in service, the asset is reported at the lower of carrying amount or fair value less costs to sell, with a rebuttable presumption that fair value is zero (350-40-35-1 through 35-3). ASU 2025-06 (effective for annual periods beginning after December 15, 2027; 350-40-65-4) replaces the project-stage model with a probable-to-complete threshold that is not met while significant development uncertainty exists (350-40-25-12A)."],"categories":["Recognition","Initial measurement","Subsequent measurement","Intangibles and goodwill"],"audience_level":"intermediate","student_note":"Exam questions almost always hinge on the stage in which a cost was incurred (preliminary = expense, application development = capitalize, postimplementation training/maintenance = expense) and on whether a cloud arrangement conveys a software license under 350-40-15-4A. A common misunderstanding is assuming every cost incurred during the application development stage is capitalized — training and most data conversion costs are expensed based on their nature, not their timing (350-40-55-4).","related_topics":["985-20","350-30","360-10","730-10","835-20","720-35"],"key_concepts":["internal-use software","preliminary project stage","application development stage","hosting arrangement that is a service contract","implementation costs","significant development uncertainty","probable-to-complete recognition threshold","upgrades and enhancements"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:584f4c55219994d21fd9d4db1975738b6029b8480eb272e769ca456523111eb5","downloaded_from":"2026-09-10T00:02:14.508Z","last_downloaded_at":"2026-09-10T00:02:45.249Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"985-20","title":"Costs of Software to Be Sold, Leased, or Marketed","topic_title":"Software","score":0.8589,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:567069e2446bd3e0964538b8d270845e3d7188938c70998deeca85600dacfecf","downloaded_from":"2026-09-10T02:28:26.033Z","last_downloaded_at":"2026-09-10T02:28:54.478Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"730-10","title":"Overall","topic_title":"Research and Development","score":0.8152,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7fcee7205c608c8c773c4eba9f4b10954c1d6708eac8043c51994cc12eceeefd","downloaded_from":"2026-09-10T01:14:28.594Z","last_downloaded_at":"2026-09-10T01:14:54.866Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-50","title":"Website Development Costs","topic_title":"Intangibles—Goodwill and Other","score":0.7749,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a605a01311f054597e41e8f95d4f84235c12c62cbcd4bfaaf76a0d309871687e","downloaded_from":"2026-09-10T00:02:49.004Z","last_downloaded_at":"2026-09-10T00:03:06.009Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"340-40","title":"Contracts with Customers","topic_title":"Other Assets and Deferred Costs","score":0.7479,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:25ef0becaf102ca489028b7dc9bd5f693a05b2d2aef45aac6178a407d051e368","downloaded_from":"2026-09-09T23:56:07.379Z","last_downloaded_at":"2026-09-09T23:56:34.589Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-30","title":"General Intangibles Other Than Goodwill","topic_title":"Intangibles—Goodwill and Other","score":0.7443,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fad1b2ddba12c77c419e0cff016345e6d8cb84ad8ac609e5d7863dba80d20b4e","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:02:11.627Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"720-45","title":"Business and Technology Reengineering","topic_title":"Other Expenses","score":0.7288,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6e30e2f00bf85901f2118d699f071aa36823d0c6cbcf90ce09892281819b80ca","downloaded_from":"2026-09-10T01:08:49.463Z","last_downloaded_at":"2026-09-10T01:09:03.528Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"350-30","title":"General Intangibles Other Than Goodwill","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:912e10a5daed4785d39ba53d1b6119f33244c3a662edb131da1e523a030d1fe2","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:02:11.627Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"350-50","title":"Website Development Costs","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:36a9435f5b31de6fa0d55c84819c43482ade9f91ad1bf02215d2b3dbb0683755","downloaded_from":"2026-09-10T00:02:49.004Z","last_downloaded_at":"2026-09-10T00:03:06.009Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d03f4c0f21be62aab909b3d0813d4dc4421760e5db856caddac7387ca9109423","downloaded_from":"2026-09-10T00:02:14.508Z","last_downloaded_at":"2026-09-10T00:02:45.249Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-50","topic":"350","title":"Website Development Costs","area":"Assets","paragraphs":31,"summary":"ASC 350-50 tells you which website development costs get capitalized and which get expensed, organized by five stages: planning, application and infrastructure development, graphics development, content development, and operating. Planning-stage costs, content input costs, data conversion costs, and operating-stage costs are expensed as incurred; website software (including graphics, which are treated as a component of software) is capitalized under ASC 350-40 for internal-use software or ASC 985-20 if a plan exists to market the software externally, and domain registration costs are capitalized under ASC 350-30. The entire Subtopic is superseded by ASU 2025-06 effective for fiscal years beginning after December 16, 2027 (transition guidance in 350-40-65-4).","concepts":["website development stages","planning stage costs","application and infrastructure development stage","graphics development","content development","operating stage costs","internal-use software capitalization","upgrades and enhancements"],"categories":["Recognition","Intangibles and goodwill","Subsequent measurement","Transition and effective dates"],"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":"350-50-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
350-50-05-1SupersededAccounting Standards Update No. 2025-0609/18/2025
350-50-15-1 through 15-3
SupersededAccounting Standards Update No. 2025-0609/18/2025
350-50-25-1 through 25-17
SupersededAccounting Standards Update No. 2025-0609/18/2025
350-50-55-1 through 55-9
SupersededAccounting Standards Update No. 2025-0609/18/2025
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\n350-50-05-1 | Superseded | Accounting Standards Update No. 2025-06 | 09/18/2025 |\n350-50…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c67dd3f8ef5098930d2534186c51a922b6a6ae4937fe28d14bd1ae78307bfba3","downloaded_from":"2026-09-10T00:02:49.004Z","last_downloaded_at":"2026-09-10T00:02:49.004Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476145","source_sha256":"d9ad7989faf2fe1bedf0b20233aab1dc803219fd7fc704916d993d84d22c7b9c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:463f205fe9ee43452fa2bacb2d9724b8d36c074bd375d4601478ce7f965b126a","downloaded_from":"2026-09-10T00:02:49.004Z","last_downloaded_at":"2026-09-10T00:02:49.004Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476145","source_sha256":"d9ad7989faf2fe1bedf0b20233aab1dc803219fd7fc704916d993d84d22c7b9c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:725ead8cf6320bdec84a6dc7cf67fbe51c7a53d6430cd6085c0da1201a73123d","downloaded_from":"2026-09-10T00:02:49.004Z","last_downloaded_at":"2026-09-10T00:02:49.004Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476145","source_sha256":"d9ad7989faf2fe1bedf0b20233aab1dc803219fd7fc704916d993d84d22c7b9c"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-50-05-1","para":"05-1","html":"
This Subtopic provides guidance on accounting for costs incurred to develop a website, including whether to capitalize or expense the following types of costs:
  1. a
    Costs incurred in the planning stage
  2. b
    Costs incurred in the website application and infrastructure development stage
  3. c
    Costs incurred to develop graphics
  4. d
    Costs incurred to develop content
  5. e
    Costs incurred in the operating stage.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"This Subtopic provides guidance on accounting for costs incurred to develop a website, including whether to capitalize or expense the following types of costs:\n(a) Costs incurred in the planning stage\n(b) Costs incurred …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9c3ebcf4ab134863db3c82a90a91d4fb1c93b04f95600a1a3a7ce590f2acd113","downloaded_from":"2026-09-10T00:02:51.519Z","last_downloaded_at":"2026-09-10T00:02:51.519Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482657","source_sha256":"8f5ac4f2d0a80aa98651ab07499429a8620227d485364f405b6df6930b84b56c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b33ec28bbd7cf6b1396464ff3b2da96cf246a90a232078853ef8f4d57e01feaa","downloaded_from":"2026-09-10T00:02:51.519Z","last_downloaded_at":"2026-09-10T00:02:51.519Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482657","source_sha256":"8f5ac4f2d0a80aa98651ab07499429a8620227d485364f405b6df6930b84b56c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:51ffaca65f7f74d7bddf66e200ce1d46562c4f8dd0acdcac415b2d606f959820","downloaded_from":"2026-09-10T00:02:51.519Z","last_downloaded_at":"2026-09-10T00:02:51.519Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482657","source_sha256":"8f5ac4f2d0a80aa98651ab07499429a8620227d485364f405b6df6930b84b56c"}},{"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":"350-50-15-1","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.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-15-1 will be superseded upon transition, together with its heading.
> Overall Guidance
Paragraph superseded by Accounting Standards Update No. 2025-06.
","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.Transition date:(P) December 16, 2027; (N) Decemb…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9540c3396317d37b85796d7cf246a852739f1bd96e5d3124da0a38c26f1419f8","downloaded_from":"2026-09-10T00:02:55.514Z","last_downloaded_at":"2026-09-10T00:02:55.514Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482634","source_sha256":"e4812cbfb6e0da567bdcf9c71faf2498902142c9fb3ab158dc54ab4745160d5a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9d04eca2054c157850ef604b0642d9a20bd559493014433917b2b2c178c21946","downloaded_from":"2026-09-10T00:02:55.514Z","last_downloaded_at":"2026-09-10T00:02:55.514Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482634","source_sha256":"e4812cbfb6e0da567bdcf9c71faf2498902142c9fb3ab158dc54ab4745160d5a"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"350-50-15-2","para":"15-2","html":"
The guidance in this Subtopic applies to the following transactions and activities:
  1. a
    Costs incurred to develop a website.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-15-2 will be superseded upon transition, together with its heading.
> Transactions
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"The guidance in this Subtopic applies to the following transactions and activities:\n(a) Costs incurred to develop a website.\nTransition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4\nEdi…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c26a9262391011f956ae8c7f35b464ad607770b17079608f18d9a8a336915a4c","downloaded_from":"2026-09-10T00:02:55.514Z","last_downloaded_at":"2026-09-10T00:02:55.514Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482634","source_sha256":"e4812cbfb6e0da567bdcf9c71faf2498902142c9fb3ab158dc54ab4745160d5a"}},{"citation":"350-50-15-3","para":"15-3","html":"
The guidance in this Subtopic does not apply to the following transactions and activities:
  1. a
    The cost of hardware
  2. b
    Acquisitions of servers and related hardware infrastructure.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"The guidance in this Subtopic does not apply to the following transactions and activities:\n(a) The cost of hardware\n(b) Acquisitions of servers and related hardware infrastructure.\nTransition date:(P) December 16, 2027; …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5e1b1dca96e8a8c6f647a3b4e433d297605512969cc98ca4723c0544b0847c00","downloaded_from":"2026-09-10T00:02:55.514Z","last_downloaded_at":"2026-09-10T00:02:55.514Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482634","source_sha256":"e4812cbfb6e0da567bdcf9c71faf2498902142c9fb3ab158dc54ab4745160d5a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8021947bd20f3ca9202e635c4a949b7b383c356b640ac1f64d777ed33ad0db08","downloaded_from":"2026-09-10T00:02:55.514Z","last_downloaded_at":"2026-09-10T00:02:55.514Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482634","source_sha256":"e4812cbfb6e0da567bdcf9c71faf2498902142c9fb3ab158dc54ab4745160d5a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:01ccd840a1204f5cfa2b0b6ca15621329463ffde9e75c4a87b02cbda68ea5f96","downloaded_from":"2026-09-10T00:02:55.514Z","last_downloaded_at":"2026-09-10T00:02:55.514Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482634","source_sha256":"e4812cbfb6e0da567bdcf9c71faf2498902142c9fb3ab158dc54ab4745160d5a"}},{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-50-25-1","para":"25-1","html":"
The guidance in this Section refers to various website development stages. See Section 350-50-55 for details regarding the types of costs and activities incurred during those stages.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"The guidance in this Section refers to various website development stages. See Section 350-50-55 for details regarding the types of costs and activities incurred during those stages.Transition date:(P) December 16, 2027;…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2751c098ea559ed34b27c177585aca2c298d3e186c4a9af0f5ebbe69dab361b5","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:09d5bf84a0c620d0a4b9b62257ec8ea095f2c3e59e5a7f8eed06b0ae96fb7187","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"block":null,"heading":"Costs Incurred in the Planning Stage","paragraphs":[{"citation":"350-50-25-2","para":"25-2","html":"
Regardless of whether the website planning activities specifically relate to software, all costs incurred in the planning stage shall be expensed as incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-25-2 will be superseded upon transition, together with its heading.
> Costs Incurred in the Planning Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Regardless of whether the website planning activities specifically relate to software, all costs incurred in the planning stage shall be expensed as incurred. Transition date:(P) December 16, 2027; (N) December 16, 2027T…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3ef2f5da19a1bb239f7264f00f588ee23b48e20abd2fe0e9f2a311b3cb44e409","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d6145f952ee3512d95bfdf022dbb215e9d30db2dc6b19fb24888b3fb282cc3f4","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"block":null,"heading":"Costs Incurred in the Website Application and Infrastructure Development Stage","paragraphs":[{"citation":"350-50-25-3","para":"25-3","html":"
The discussion of website application and infrastructure development assumes that any software is developed for the entity's internal needs and no plan exists or is being developed to market the software externally.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-25-3 will be superseded upon transition, together with its heading.
> Costs Incurred in the Website Application and Infrastructure Development Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"The discussion of website application and infrastructure development assumes that any software is developed for the entity's internal needs and no plan exists or is being developed to market the software externally. Tran…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4dc878e2ca0a7023a95bc698635c160a49d34829358a4d09627cc8e7895dc7ad","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-4","para":"25-4","html":"
All costs relating to software used to operate a website shall be accounted for under Subtopic 350-40 unless a plan exists or is being developed to market the software externally. Software for which a plan exists or is being developed to market the software externally is subject to Subtopic 985-20, and costs associated with the development of that software shall be expensed until technological feasibility is established. See paragraph 985-20-25-2.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"All costs relating to software used to operate a website shall be accounted for under Subtopic 350-40 unless a plan exists or is being developed to market the software externally. Software for which a plan exists or is b…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:24e02d6ce614a2ea70390dacd42587485874ff11bc5c03da7d4393174b8fefda","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-5","para":"25-5","html":"
Fees incurred for website hosting, which involve the payment of a specified, periodic fee to an internet service provider in return for hosting the website on its server(s) connected to the internet, generally are expensed over the period of benefit.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Fees incurred for website hosting, which involve the payment of a specified, periodic fee to an internet service provider in return for hosting the website on its server(s) connected to the internet, generally are expens…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:236c55a491d6fe4dcc467c38e7b8f046a14624b172c0c66a8a7ff49e300f9e36","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-6","para":"25-6","html":"
Costs incurred to purchase software tools, or costs incurred during the application development stage for internally developed tools, shall be capitalized unless they are used in research and development and meet either of the following conditions:
  1. a
    They do not have any alternative future uses.
  2. b
    They are internally developed and represent a pilot project or are being used in a specific research and development project (see paragraph 350-40-15-7).
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Costs incurred to purchase software tools, or costs incurred during the application development stage for internally developed tools, shall be capitalized unless they are used in research and development and meet either …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:55ca66111a8d375b982fb54d780d25c97d351552bb28df60367d625702bee00b","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-7","para":"25-7","html":"
Costs to obtain and register an internet domain shall be capitalized under Section 350-30-25.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Costs to obtain and register an internet domain shall be capitalized under Section 350-30-25. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Paragraph superseded by Accounting …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:93c83f1439be8b1f82ad4de861325d0fa94a787e16ba2a7168154fa4b9d4113f","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9fb744b857f4ea6256c71c4d2787418abe3bb9a975a2bd5de4b8ab579025ebb","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"block":null,"heading":"Costs Incurred in the Graphics Development Stage","paragraphs":[{"citation":"350-50-25-8","para":"25-8","html":"
Graphics are a component of software. The costs of developing initial graphics shall be accounted for under Subtopic 350-40 for internal-use software, and Subtopic 985-20 for software marketed externally.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-25-8 will be superseded upon transition, together with its heading.
> Costs Incurred in the Graphics Development Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Graphics are a component of software. The costs of developing initial graphics shall be accounted for under Subtopic 350-40 for internal-use software, and Subtopic 985-20 for software marketed externally. Transition date…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9b64fca83dbfcd0587ca6a1d087272698911bcb1794d201b34776c699c01cc8","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-9","para":"25-9","html":"
Modifications to graphics after a website is launched shall be evaluated to determine whether the modifications represent maintenance or enhancements of the website.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Modifications to graphics after a website is launched shall be evaluated to determine whether the modifications represent maintenance or enhancements of the website. Transition date:(P) December 16, 2027; (N) December 16…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eef831a426849ae7b3155b5f306d10852e74ce30f2f11e70f54b9567a6057b60","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:68a0baf498df27b7aacf3fff4aeee7e89426a17c5ad3187dbf1515c5fda97dfb","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"block":null,"heading":"Costs Incurred in the Content Development Stage","paragraphs":[{"citation":"350-50-25-10","para":"25-10","html":"
Accounting for website content involves issues that also apply to other forms of content or information that are not unique to websites.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-25-10 will be superseded upon transition, together with its heading.
> Costs Incurred in the Content Development Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Accounting for website content involves issues that also apply to other forms of content or information that are not unique to websites. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a4cd008080713716029eeabab1bbad7eec2a974922dd30acc861fe4fee9e7d25","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-11","para":"25-11","html":"
Costs to input content into a website shall be expensed as incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Costs to input content into a website shall be expensed as incurred. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:70b43bc58848b3dff642c2881880f74ce80789e42f1865d3e914fb282888bbf3","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-12","para":"25-12","html":"
Software used to integrate a database with a website shall be capitalized under paragraphs
350-40-25-2 through 25-4
.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Software used to integrate a database with a website shall be capitalized under paragraphs 350-40-25-2 through 25-4. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Paragraph su…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2624005c4c7bb7e3824900bcbd054eb7a6762e7bb8d2c5192518f6a3facfb1a6","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-13","para":"25-13","html":"
Data conversion costs shall be expensed as incurred (see paragraph 350-40-25-5).
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Data conversion costs shall be expensed as incurred (see paragraph 350-40-25-5). Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:350-40-65-4Paragraph superseded by Accounting Standards Upd…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9d04d0f8f0fd8787eb45b68e5e1f059a86c18f63f1411f74783afd977fea5d6e","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a656907cd800fe4879eed01c9892cdfbc13285329203bfc3aeb4789297f1173a","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"block":null,"heading":"Costs Incurred in the Operating Stage","paragraphs":[{"citation":"350-50-25-14","para":"25-14","html":"
Costs of operating a website shall not be accounted for differently from the costs of other operations; that is, those costs shall be expensed as incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-25-14 will be superseded upon transition, together with its heading.
> Costs Incurred in the Operating Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Costs of operating a website shall not be accounted for differently from the costs of other operations; that is, those costs shall be expensed as incurred. Transition date:(P) December 16, 2027; (N) December 16, 2027Tran…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ced65af8dd9e0c742d40fefa550c4cb3c5e68558517b2e7d5b25b4adea8e1af4","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-15","para":"25-15","html":"
Costs incurred in the operation stage that involve providing additional functions or features to the website shall be accounted for as, in effect, new software. That is, costs of upgrades and enhancements that add functionality shall be expensed or capitalized based on the general model of paragraph 350-40-25-7 (which requires certain costs relating to upgrades and enhancements to be capitalized if it is probable that they will result in added functionality) or, for software that is marketed, paragraphs
985-20-25-3 through 25-4
(which apply a software capitalization model to product enhancements, which include improvements that extend the life or significantly improve the marketability of a product).
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Costs incurred in the operation stage that involve providing additional functions or features to the website shall be accounted for as, in effect, new software. That is, costs of upgrades and enhancements that add functi…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:66b37dc9cfe3d715b48fb19adcf273814a0116d4853f0daff92f0e0c6b81f38c","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-16","para":"25-16","html":"
The determination of whether a change to website software results in an upgrade or enhancement (if internal-use software), or a product enhancement (if externally marketed software), is a matter of judgment based on the specific facts and circumstances. Paragraph 350-40-25-10 states that entities that cannot separate internal costs on a reasonably cost-effective basis between maintenance and relatively minor upgrades and enhancements shall expense such costs as incurred.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"The determination of whether a change to website software results in an upgrade or enhancement (if internal-use software), or a product enhancement (if externally marketed software), is a matter of judgment based on the …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:62bda0a2f2a16112532f95e67d516cf2efeed0f0d6c51c18e3f8f00feac17d3c","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"citation":"350-50-25-17","para":"25-17","html":"
Costs to register the website with internet search engines represent advertising costs and shall be expensed as incurred under paragraph 720-35-25-1.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Costs to register the website with internet search engines represent advertising costs and shall be expensed as incurred under paragraph 720-35-25-1. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c2c0ac19a55f708c4806ffab598a8880600f9fde029142b19e6a30c90856990c","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fbd8810eabb1a3b5280378c6f974ffe6c210510dd77fdf31be848777ceb2d6b3","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:dd0ad1376c46523d06f16e64a5240692b3486e82cbcfec6de94bda4e235b68f4","downloaded_from":"2026-09-10T00:02:59.489Z","last_downloaded_at":"2026-09-10T00:02:59.489Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482610","source_sha256":"b9221e5daea737c827a80c5bed92d65d29144118cbd5d2d1fc8fd505e2f6f4d3"}},{"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":"350-50-55-1","para":"55-1","html":"
The following guidance describes or provides examples of various activities that take place at different stages of website development. See Section 350-50-25 for the relevant accounting guidance.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-55-1 will be superseded upon transition, together with its heading.
> Implementation Guidance
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"The following guidance describes or provides examples of various activities that take place at different stages of website development. See Section 350-50-25 for the relevant accounting guidance.Transition date:(P) Decem…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9d5b8f5045d773acb9b4bd5ff8c7985439b5392cbf1ff816fc4e2a1608f722e2","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}},{"citation":"350-50-55-2","para":"55-2","html":"
Planning stage activities include the following:
  1. a
    Develop a business, project plan, or both. This may include identification of specific goals for the website (for example, to provide information, supplant manual processes, conduct e-commerce, and so forth), a competitive analysis, identification of the target audience, creation of time and cost budgets, and estimates of the risks and benefits.
  2. b
    Determine the functionalities (for example, order placement, order and shipment tracking, search engine, email, chat rooms, and so forth) of the website.
  3. c
    Identify necessary hardware (for example, the server) and web applications. Web applications are the software needed for the website's functionalities. Examples of web applications are search engines, interfaces with inventory or other back-end systems, as well as systems for registration and authentication of users, commerce, content management, usage analysis, and so forth.
  4. d
    Determine that the technology necessary to achieve the desired functionalities exists. Factors might include, for example, target audience numbers, user traffic patterns, response time expectations, and security requirements.
  5. e
    Explore alternatives for achieving functionalities (for example, internal versus external resources, custom-developed versus licensed software, company-owned versus third-party-hosted applications and servers).
  6. f
    Conceptually formulate and/or identify graphics and content (see paragraphs
    350-50-25-8 through 25-13
    ).
  7. g
    Invite vendors to demonstrate how their web applications, hardware, or service will help achieve the website's functionalities.
  8. h
    Select external vendors or consultants.
  9. i
    Identify internal resources for work on the website design and development.
  10. j
    Identify software tools and packages required for development purposes.
  11. k
    Address legal considerations such as privacy, copyright, trademark, and compliance.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-55-2 will be superseded upon transition, together with its heading.
• > Planning Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Planning stage activities include the following:\n(a) Develop a business, project plan, or both. This may include identification of specific goals for the website (for example, to provide information, supplant manual proc…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d4b693c71840b6cdcab35a2ef2823cf4bdfb53191802794062440ede0b50f0af","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}},{"citation":"350-50-55-3","para":"55-3","html":"
The website application and infrastructure development stage involves acquiring or developing hardware and software to operate the website. The activities in this stage include the following:
  1. a
    Acquire or develop the software tools required for the development work (for example, HTML editor, software to convert existing data to HTML form, graphics software, multimedia software, and so forth).
  2. b
    Obtain and register an internet domain name.
  3. c
    Acquire or develop software necessary for general website operations, including server operating system software, internet server software, web browser software, and internet protocol software.
  4. d
    Develop or acquire and customize code for web applications (for example, catalog software, search engines, order processing systems, sales tax calculation software, payment systems, shipment tracking applications or interfaces, email software, and related security features).
  5. e
    Develop or acquire and customize database software and software to integrate distributed applications (for example, corporate databases and accounting systems) into web applications.
  6. f
    Develop HTML web pages or develop templates and write code to automatically create HTML pages.
  7. g
    Purchase the web and application server(s), internet connection (bandwidth), routers, staging servers (where preliminary changes to the website are made in a test environment), and production servers (accessible to customers using the website). Alternatively, these services may be provided by a third party via a hosting arrangement.
  8. h
    Install developed applications on the web server(s).
  9. i
    Create initial hypertext links to other websites or to destinations within the website. Depending on the site, links may be extensive or minimal.
  10. j
    Test the website applications (for example, stress testing).
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-55-3 will be superseded upon transition, together with its heading.
• > Application and Infrastructure Development Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"The website application and infrastructure development stage involves acquiring or developing hardware and software to operate the website. The activities in this stage include the following:\n(a) Acquire or develop the s…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:dc28cb390dd71d0fe352382dba4cab38be2ea1d66e4cfea74fc25ad100ae591c","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}},{"citation":"350-50-55-4","para":"55-4","html":"
For purposes of this Subtopic, graphics involve the overall design of the web page (use of borders, background and text colors, fonts, frames, buttons, and so forth) that affect the look and feel of the web page and generally remain consistent regardless of changes made to the content.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-55-4 will be superseded upon transition, together with its heading.
• > Graphics Development Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"For purposes of this Subtopic, graphics involve the overall design of the web page (use of borders, background and text colors, fonts, frames, buttons, and so forth) that affect the look and feel of the web page and gene…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:326ad24aae34468ba619a6df6c8d624866c3fee9a85483588b9a0f44beb23a2c","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}},{"citation":"350-50-55-5","para":"55-5","html":"
Graphics include the design or layout of each page (that is, the graphical user interface), color, images, and the overall look and feel and usability of the website. Creation of graphics may involve coding of software, either directly or through the use of graphic software tools. The amount of coding depends on the complexity of the graphics.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Graphics include the design or layout of each page (that is, the graphical user interface), color, images, and the overall look and feel and usability of the website. Creation of graphics may involve coding of software, …","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f7c28ab6d2c36fc49462ddbc575856b8089a545b61a564b7b9e894f9405d8875","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}},{"citation":"350-50-55-6","para":"55-6","html":"
Content refers to information included on the website, which may be textual or graphical in nature (although the specific graphics described in paragraph 350-50-55-4 are excluded from content). For example, articles, product photos, maps, and stock quotes and charts are all forms of content. Content may reside in separate databases that are integrated into (or accessed from) the web page with software, or it may be coded directly into the web pages.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-55-6 will be superseded upon transition, together with its heading.
• > Content Development Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Content refers to information included on the website, which may be textual or graphical in nature (although the specific graphics described in paragraph 350-50-55-4 are excluded from content). For example, articles, pro…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fbcb947ee22cc8f6a34c715975f446258424af46725be194e00df9e5e50408fc","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}},{"citation":"350-50-55-7","para":"55-7","html":"
Content may be created or acquired to populate databases or web pages. Content may be acquired from unrelated parties or may be internally developed.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Content may be created or acquired to populate databases or web pages. Content may be acquired from unrelated parties or may be internally developed. Transition date:(P) December 16, 2027; (N) December 16, 2027Transition…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:06f7e3e22559509a832d3a2c894dd90feea65d11c11f2d24e2b5706d9640843e","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}},{"citation":"350-50-55-8","para":"55-8","html":"
Content is text or graphical information (exclusive of graphics described in paragraphs
350-50-55-4 through 55-5
) on the website which may include information on the entity, products offered, information sources that the user subscribes to, and so forth. Content may originate from databases that must be converted to HTML pages or databases that are linked to HTML pages through integration software. Content also may be coded directly into web pages.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Content is text or graphical information (exclusive of graphics described in paragraphs 350-50-55-4 through 55-5) on the website which may include information on the entity, products offered, information sources that the…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c8e1bbcde1d35c3e8bf8e7e77e201b4df210175225c90fde3c259af3ab4af90b","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}},{"citation":"350-50-55-9","para":"55-9","html":"
Costs incurred during the operating stage include training, administration, maintenance, and other costs to operate an existing website. Activities in the operating stage include the following:
  1. a
    Train employees involved in support of the website.
  2. b
    Register the website with internet search engines.
  3. c
    Perform user administration activities.
  4. d
    Update site graphics (for updates of graphics related to major enhancements, see [h]).
  5. e
    Perform regular backups.
  6. f
    Create new links.
  7. g
    Verify that links are functioning properly and update existing links (that is, link management or maintenance).
  8. h
    Add additional functionalities or features.
  9. i
    Perform routine security reviews of the website and, if applicable, of the third-party host.
  10. j
    Perform usage analysis.
Transition date:(P) December 16, 2027; (N) December 16, 2027Transition guidance:
350-40-65-4
Editor's Note: Paragraph 350-50-55-9 will be superseded upon transition, together with its heading.
• > Operating Stage
Paragraph superseded by Accounting Standards Update No. 2025-06.
","snippet":"Costs incurred during the operating stage include training, administration, maintenance, and other costs to operate an existing website. Activities in the operating stage include the following:\n(a) Train employees involv…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:56d4782633c5fbf5ae391856c265aec94f1aa00ad481603e501c84ff84c7328f","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e35b31feb83f525d6bc2e3da363028895768ebb86d7e59c94ee12ed8dc52c82d","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8692e10222a21863afa21bf595adcf7a6a4cfc76ac3e10c259f7a04047097f3e","downloaded_from":"2026-09-10T00:03:03.306Z","last_downloaded_at":"2026-09-10T00:03:03.306Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482585","source_sha256":"6ec11176705cc80e7b8883578beedab2fa543fb7295b3ea665733b7978a7d720"}}],"enrichment":{"summary":"ASC 350-50 tells you which website development costs get capitalized and which get expensed, organized by five stages: planning, application and infrastructure development, graphics development, content development, and operating. Planning-stage costs, content input costs, data conversion costs, and operating-stage costs are expensed as incurred; website software (including graphics, which are treated as a component of software) is capitalized under ASC 350-40 for internal-use software or ASC 985-20 if a plan exists to market the software externally, and domain registration costs are capitalized under ASC 350-30. The entire Subtopic is superseded by ASU 2025-06 effective for fiscal years beginning after December 16, 2027 (transition guidance in 350-40-65-4).","key_points":["All costs incurred in the planning stage are expensed as incurred, regardless of whether the planning activities relate to software (350-50-25-2).
","Software used to operate a website is accounted for under Subtopic 350-40 (internal-use software) unless a plan exists or is being developed to market it externally, in which case Subtopic 985-20 applies and costs are expensed until technological feasibility is established (350-50-25-4; 985-20-25-2).","Website hosting fees paid periodically to an internet service provider are generally expensed over the period of benefit (350-50-25-5); costs of hardware and servers are outside the Subtopic's scope (350-50-15-3).","Purchased software tools, and internally developed tools during the application development stage, are capitalized unless used in research and development with no alternative future use or as a pilot/specific R&D project (350-50-25-6); costs to obtain and register an internet domain are capitalized under Section 350-30-25 (350-50-25-7).","Graphics are a component of software: initial graphics development follows 350-40 or 985-20, and post-launch graphics modifications must be evaluated as either maintenance or enhancements (350-50-25-8 through 25-9).","Costs to input content and data conversion costs are expensed as incurred, but software that integrates a database with the website is capitalized under 350-40-25-2 through 25-4 (350-50-25-11 through 25-13).","Operating-stage costs are expensed as incurred (350-50-25-14), except upgrades and enhancements that add functionality, which are capitalized under the general model of 350-40-25-7 (or 985-20-25-3 through 25-4 for marketed software); costs to register the website with search engines are advertising costs expensed under 720-35-25-1 (350-50-25-15, 25-17)."],"categories":["Recognition","Intangibles and goodwill","Subsequent measurement","Transition and effective dates"],"audience_level":"intermediate","student_note":"Exam questions test the stage-by-stage capitalize/expense pattern: planning and operating costs are expensed, application/infrastructure and graphics software costs are capitalized. The most common misunderstanding is treating graphics and content alike—graphics are software (capitalizable), while costs to input content and convert data are always expensed. Note this Subtopic is superseded by ASU 2025-06 for periods beginning after December 16, 2027.","related_topics":["350-40","985-20","350-30","720-35","730"],"key_concepts":["website development stages","planning stage costs","application and infrastructure development stage","graphics development","content development","operating stage costs","internal-use software capitalization","upgrades and enhancements"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5588953599a097ccc3d13cb0547471d86aa1b776c458c027f4effa6b09066a37","downloaded_from":"2026-09-10T00:02:49.004Z","last_downloaded_at":"2026-09-10T00:03:06.009Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"350-40","title":"Internal-Use Software","topic_title":"Intangibles—Goodwill and Other","score":0.7749,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5a74d6fb147072ff8a1fae4ee2ecc461f07e7c56dfe6e1f8b9efbb27765e67d9","downloaded_from":"2026-09-10T00:02:14.508Z","last_downloaded_at":"2026-09-10T00:02:45.249Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"730-10","title":"Overall","topic_title":"Research and Development","score":0.7481,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e153dba6be4075e9895ede473b99936fd0952f061917c9a548043edaddb4c8db","downloaded_from":"2026-09-10T01:14:28.594Z","last_downloaded_at":"2026-09-10T01:14:54.866Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"985-20","title":"Costs of Software to Be Sold, Leased, or Marketed","topic_title":"Software","score":0.6578,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:49e3731318a901be729702c4730a21d39eaf20b19c9974ca93bb0d4437fcccd5","downloaded_from":"2026-09-10T02:28:26.033Z","last_downloaded_at":"2026-09-10T02:28:54.478Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"720-45","title":"Business and Technology Reengineering","topic_title":"Other Expenses","score":0.6412,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:74b288847d21633537e49f78735a149d6116a3a0e0aeda4a750c009710c69686","downloaded_from":"2026-09-10T01:08:49.463Z","last_downloaded_at":"2026-09-10T01:09:03.528Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"340-40","title":"Contracts with Customers","topic_title":"Other Assets and Deferred Costs","score":0.6362,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d18b9afede45f237af038d2294e8af197e79f0afa07c9f7309090e9330c9dde5","downloaded_from":"2026-09-09T23:56:07.379Z","last_downloaded_at":"2026-09-09T23:56:34.589Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"720-15","title":"Start-Up Costs","topic_title":"Other Expenses","score":0.6283,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7ffd99502b71d009b46562bef35d4a4136b3acec7a89df1972e0877f02881dfa","downloaded_from":"2026-09-10T01:06:59.231Z","last_downloaded_at":"2026-09-10T01:07:15.369Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"350-40","title":"Internal-Use Software","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fa04b43c600a6a6de02ca0abc4dd1c977fa7f57d74aca616491bfc047559684e","downloaded_from":"2026-09-10T00:02:14.508Z","last_downloaded_at":"2026-09-10T00:02:45.249Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"350-60","title":"Crypto Assets","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5342a1e34183c69603ceea3fcffca517f292460741fd4d0b2840ee49563445df","downloaded_from":"2026-09-10T00:03:09.498Z","last_downloaded_at":"2026-09-10T00:03:31.443Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:60210408c70e8039074f7af7e835e7c0a757af1e8684b171ff785233f89ee961","downloaded_from":"2026-09-10T00:02:49.004Z","last_downloaded_at":"2026-09-10T00:03:06.009Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-60","topic":"350","title":"Crypto Assets","area":"Assets","paragraphs":17,"summary":"ASC 350-60 governs the subsequent measurement, presentation, and disclosure of in-scope crypto assets (e.g., bitcoin-type fungible tokens). The core rule is that such assets are measured at fair value on the balance sheet with remeasurement gains and losses recognized in net income (350-60-35-1), replacing the old indefinite-lived intangible impairment-only model. Initial measurement, recognition, and derecognition remain governed by other GAAP (350-60-05-2).","concepts":["crypto assets","fair value measurement","fungible intangible assets","distributed ledger","remeasurement gains and losses","cost basis method","contractual sale restrictions","rollforward reconciliation"],"categories":["Subsequent measurement","Fair value","Presentation","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":"350-60-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
Paragraph Action Accounting Standards Update Date
Contribution Added Accounting Standards Update No. 2023-08 12/13/2023
Conditional Contribution Added Accounting Standards Update No. 2023-08 12/13/2023
Customer Added Accounting Standards Update No. 2023-08 12/13/2023
Donor-Imposed Condition Added Accounting Standards Update No. 2023-08 12/13/2023
Fair Value (2nd def.) Added Accounting Standards Update No. 2023-08 12/13/2023
Inherent Contribution Added Accounting Standards Update No. 2023-08 12/13/2023
Intangible Asset Class Added Accounting Standards Update No. 2023-08 12/13/2023
Intangible Assets Added Accounting Standards Update No. 2023-08 12/13/2023
Market Participants Added Accounting Standards Update No. 2023-08 12/13/2023
Not-for-Profit Entity Added Accounting Standards Update No. 2023-08 12/13/2023
Orderly Transaction Added Accounting Standards Update No. 2023-08 12/13/2023
Promise to Give Added Accounting Standards Update No. 2023-08 12/13/2023
Related Parties Added Accounting Standards Update No. 2023-08 12/13/2023
Unconditional Promise to Give Added Accounting Standards Update No. 2023-08 12/13/2023
350-60-05-1 Added Accounting Standards Update No. 2023-08 12/13/2023
350-60-05-2 Added Accounting Standards Update No. 2023-08 12/13/2023
350-60-15-1 Added Accounting Standards Update No. 2023-08 12/13/2023
350-60-15-2 Added Accounting Standards Update No. 2023-08 12/13/2023
350-60-35-1 Added Accounting Standards Update No. 2023-08 12/13/2023
350-60-45-1 through 45-3
 Added Accounting Standards Update No. 2023-08 12/13/2023
350-60-50-1 through 50-7
 Added Accounting Standards Update No. 2023-08 12/13/2023
350-60-65-1 Added Accounting Standards Update No. 2023-08 12/13/2023
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nContribution | Added | Accounting Standards Update No. 2023-08 | 12/13/2023 |\nConditiona…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2fe204efb78daaad4f3d30d0c5c6872276474365fa17f9e654b6c2b5fae13589","downloaded_from":"2026-09-10T00:03:09.498Z","last_downloaded_at":"2026-09-10T00:03:09.498Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476181","source_sha256":"a36ea6c361a35e9fe29f3b9195aa7dddb123805cbd2427012d8626f49981e669"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:876049fc28cf907c15e432fdb43914f54e301f2a4141d09eb959daadf1f2dacf","downloaded_from":"2026-09-10T00:03:09.498Z","last_downloaded_at":"2026-09-10T00:03:09.498Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476181","source_sha256":"a36ea6c361a35e9fe29f3b9195aa7dddb123805cbd2427012d8626f49981e669"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:985892aaa4f0733ea95047bab3ec5d025d9976c123cdce331810ae45d9a5078c","downloaded_from":"2026-09-10T00:03:09.498Z","last_downloaded_at":"2026-09-10T00:03:09.498Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476181","source_sha256":"a36ea6c361a35e9fe29f3b9195aa7dddb123805cbd2427012d8626f49981e669"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-60-05-1","para":"05-1","html":"
This Subtopic provides guidance on the subsequent measurement, presentation, and disclosure of crypto assets that are within the scope of this Subtopic.
","snippet":"This Subtopic provides guidance on the subsequent measurement, presentation, and disclosure of crypto assets that are within the scope of this Subtopic.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f005640f1d0528b87e90f26a004ad7a2f03415e09bcf73a1c25b3c6167674c18","downloaded_from":"2026-09-10T00:03:11.686Z","last_downloaded_at":"2026-09-10T00:03:11.686Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476171","source_sha256":"7ff1f013830bd02388382240495a58c04ef93fc7666b2650640a0a67868e99d0"}},{"citation":"350-60-05-2","para":"05-2","html":"
This Subtopic does not address the initial measurement, recognition, and derecognition of crypto assets. Reporting entities shall account for the initial measurement, recognition, and derecognition of crypto assets in accordance with other generally accepted accounting principles (GAAP).
","snippet":"This Subtopic does not address the initial measurement, recognition, and derecognition of crypto assets. Reporting entities shall account for the initial measurement, recognition, and derecognition of crypto assets in ac…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d00cbcd94b217417b1c48301af0c47c6f9c04a2d81d07cf644ea84566735887a","downloaded_from":"2026-09-10T00:03:11.686Z","last_downloaded_at":"2026-09-10T00:03:11.686Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476171","source_sha256":"7ff1f013830bd02388382240495a58c04ef93fc7666b2650640a0a67868e99d0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9ce693ed29d769d75106de3d8bca88c3117a21fd473f8e3a88eb2e3f7cad788d","downloaded_from":"2026-09-10T00:03:11.686Z","last_downloaded_at":"2026-09-10T00:03:11.686Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476171","source_sha256":"7ff1f013830bd02388382240495a58c04ef93fc7666b2650640a0a67868e99d0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c5bd87ef9426aa25642fbe15ebc60ab7c55108f0ed1273482ae6b378a9c9aff6","downloaded_from":"2026-09-10T00:03:11.686Z","last_downloaded_at":"2026-09-10T00:03:11.686Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476171","source_sha256":"7ff1f013830bd02388382240495a58c04ef93fc7666b2650640a0a67868e99d0"}},{"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":"350-60-15-1","para":"15-1","html":"
The guidance in this Subtopic applies to holdings of assets that meet all of the following criteria:
  1. a
    Meet the definition of intangible assets as defined in the Codification
  2. b
    Do not provide the asset holder with enforceable rights to or claims on underlying goods, services, or other assets
  3. c
    Are created or reside on a distributed ledger based on blockchain or similar technology
  4. d
    Are secured through cryptography
  5. e
    Are fungible
  6. f
    Are not created or issued by the reporting entity or its related parties.
","snippet":"The guidance in this Subtopic applies to holdings of assets that meet all of the following criteria:\n(a) Meet the definition of intangible assets as defined in the Codification\n(b) Do not provide the asset holder with en…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a9b5d2b40a6a16f87a447d8e7971f00fefca7831e8621121a398ba49a5641a02","downloaded_from":"2026-09-10T00:03:13.633Z","last_downloaded_at":"2026-09-10T00:03:13.633Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476178","source_sha256":"1bd1a0a934bf0986013472e0c2be6ae07901e2140b87069169adb1d9f610da7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:446fcc3aa65c8eb5a5b8f4ea0ef6f2a2a3e8bdaaabfecc77fb6f114cb87fdad2","downloaded_from":"2026-09-10T00:03:13.633Z","last_downloaded_at":"2026-09-10T00:03:13.633Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476178","source_sha256":"1bd1a0a934bf0986013472e0c2be6ae07901e2140b87069169adb1d9f610da7f"}},{"block":null,"heading":"Entities","paragraphs":[{"citation":"350-60-15-2","para":"15-2","html":"
The guidance in this Subtopic applies to all entities that hold crypto assets.
","snippet":"The guidance in this Subtopic applies to all entities that hold crypto assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4dc92ae70d03fcabdefca6125a7fc5b49cfca2476557aedf70149332215726c7","downloaded_from":"2026-09-10T00:03:13.633Z","last_downloaded_at":"2026-09-10T00:03:13.633Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476178","source_sha256":"1bd1a0a934bf0986013472e0c2be6ae07901e2140b87069169adb1d9f610da7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7b08ba10e491d54a8412933e381a1156f02e15ec32d64b8a694ed783ea39f46b","downloaded_from":"2026-09-10T00:03:13.633Z","last_downloaded_at":"2026-09-10T00:03:13.633Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476178","source_sha256":"1bd1a0a934bf0986013472e0c2be6ae07901e2140b87069169adb1d9f610da7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:755335fc6791ce0ab561e138828ca3ce9fec296bc1df2fbaf24194ec31e25fa9","downloaded_from":"2026-09-10T00:03:13.633Z","last_downloaded_at":"2026-09-10T00:03:13.633Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476178","source_sha256":"1bd1a0a934bf0986013472e0c2be6ae07901e2140b87069169adb1d9f610da7f"}},{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-60-35-1","para":"35-1","html":"
An entity shall measure crypto assets at fair value in the statement of financial position. Gains and losses from the remeasurement of crypto assets shall be included in net income.
","snippet":"An entity shall measure crypto assets at fair value in the statement of financial position. Gains and losses from the remeasurement of crypto assets shall be included in net income.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9287fcb3f90cccc72dd895438bcc76accacbb52ab4e0d65f3e5eea8b587b5c87","downloaded_from":"2026-09-10T00:03:20.817Z","last_downloaded_at":"2026-09-10T00:03:20.817Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476169","source_sha256":"85cbd77ba1bb95aed3daae69f1b9111bbb94dbf4158e34622945e3129b4fc262"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ae0b540f9b44de1ec7d0521a37feca7161df25f1a2c5361136c80ade0198933f","downloaded_from":"2026-09-10T00:03:20.817Z","last_downloaded_at":"2026-09-10T00:03:20.817Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476169","source_sha256":"85cbd77ba1bb95aed3daae69f1b9111bbb94dbf4158e34622945e3129b4fc262"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e2dd0b6d3f0457d130d4bc84955bb9146d491dbb754d0cfd1f82060c32d8fb04","downloaded_from":"2026-09-10T00:03:20.817Z","last_downloaded_at":"2026-09-10T00:03:20.817Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476169","source_sha256":"85cbd77ba1bb95aed3daae69f1b9111bbb94dbf4158e34622945e3129b4fc262"}},{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Statement of Financial Position","paragraphs":[{"citation":"350-60-45-1","para":"45-1","html":"
Crypto assets shall be presented separately from other intangible assets in the statement of financial position. An entity is permitted to present crypto assets on a more disaggregated basis (for example, by individual crypto asset holding or intangible asset class).
","snippet":"Crypto assets shall be presented separately from other intangible assets in the statement of financial position. An entity is permitted to present crypto assets on a more disaggregated basis (for example, by individual c…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:74feb746a34efaba1e8c187634977777c426333f6d2dd446707d5d6a7500fb55","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bd4b473bdfbd5f8268b60085e41504313025b95f0294ef0f6ad472ec300a3a38","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}},{"block":null,"heading":"Income Statement","paragraphs":[{"citation":"350-60-45-2","para":"45-2","html":"
Gains and losses from the remeasurement of crypto assets shall be included in net income and presented separately from changes in the carrying amount of other intangible assets.
","snippet":"Gains and losses from the remeasurement of crypto assets shall be included in net income and presented separately from changes in the carrying amount of other intangible assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:05d2a773f94a3ed190f0e9d1db933bcc9d515dc6bac4ef1ec0ad6cea51ce959c","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2af1f4f903efcf40f558cf66d94b5fcb4c73d04d1076ffdadcc398050d717f88","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}},{"block":null,"heading":"Statement of Cash Flows","paragraphs":[{"citation":"350-60-45-3","para":"45-3","html":"
For guidance related to the presentation of cash receipts arising from the sale of crypto assets that are received as noncash consideration in the ordinary course of business (or as a contribution, in the case of a not-for-profit entity) and are converted nearly immediately into cash, see paragraphs 230-10-45-21A and 230-10-45-27A.
","snippet":"For guidance related to the presentation of cash receipts arising from the sale of crypto assets that are received as noncash consideration in the ordinary course of business (or as a contribution, in the case of a not-f…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8ab30de890d46070aac1e023682562832d8977dbf5369eff58a6551333e56844","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21c10f201bf41a3060fee196eb3f5f1756fdb37647fcbd22eb9438774dc296c2","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ad24f4f8021f804f4c034bea1d88949a77979890653b765382e8edfb50e61a5f","downloaded_from":"2026-09-10T00:03:23.550Z","last_downloaded_at":"2026-09-10T00:03:23.550Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476163","source_sha256":"82bce40efd36fcc7826718941943397f8146afee9baf26bfc3258e164967646c"}},{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-60-50-1","para":"50-1","html":"
At interim and annual reporting periods, an entity shall disclose the following for each significant (as determined by the fair value) crypto asset holding:
  1. a
    Name of the crypto asset
  2. b
    Cost basis
  3. c
    Fair value
  4. d
    Number of units held.
An entity shall disclose the aggregated cost bases and fair values of the crypto asset holdings that are not individually significant.
","snippet":"At interim and annual reporting periods, an entity shall disclose the following for each significant (as determined by the fair value) crypto asset holding:\n(a) Name of the crypto asset\n(b) Cost basis\n(c) Fair value\n(d) …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5afe9d5caf7c38fafe7d3f8ccb38c167b56698c9a7eaec59deea9c6c7d3216b8","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}},{"citation":"350-60-50-2","para":"50-2","html":"
At annual reporting periods, an entity shall disclose both of the following:
  1. a
    The method used to determine its cost basis for computing gains and losses (for example, first-in, first-out; specific identification; average cost; or other method used)
  2. b
    If not presented separately, the line item in which gains and losses are reported in the income statement.
","snippet":"At annual reporting periods, an entity shall disclose both of the following:\n(a) The method used to determine its cost basis for computing gains and losses (for example, first-in, first-out; specific identification; aver…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5e1d55bfb7535110b64e1637f5210ed2780b2db1fe8d41d9a060350c69b29abc","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}},{"citation":"350-60-50-3","para":"50-3","html":"
At annual reporting periods, an entity shall provide a reconciliation, in the aggregate, of activity from the opening to the closing balances of crypto assets, separately disclosing changes during the period attributable to the following:
  1. a
    Additions.
  2. b
    Dispositions.
  3. c
    Gains included in net income for the period, determined on a crypto-asset-by-crypto-asset basis. Each crypto asset holding that has a net gain from remeasurement as included in net income for the period shall be included in the gains line.
  4. d
    Losses included in net income for the period, determined on a crypto-asset-by-crypto-asset basis. Each crypto asset holding that has a net loss from remeasurement as included in net income for the period shall be included in the losses line.
","snippet":"At annual reporting periods, an entity shall provide a reconciliation, in the aggregate, of activity from the opening to the closing balances of crypto assets, separately disclosing changes during the period attributable…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9b8b84ff6603d7c918a2c2b3e3f24e9e929db9dba61e2265382dfc2d167c78e5","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}},{"citation":"350-60-50-4","para":"50-4","html":"
An entity shall disclose the following information about the reconciliation in paragraph 350-60-50-3:
  1. a
    A description of the nature of activities that result in additions (for example, purchases, receipts from customers, or mining activities) and dispositions (for example, sales or use as payment for services)
  2. b
    Total amount of cumulative realized gains and cumulative realized losses from dispositions that occurred during the period.
","snippet":"An entity shall disclose the following information about the reconciliation in paragraph 350-60-50-3:\n(a) A description of the nature of activities that result in additions (for example, purchases, receipts from customer…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:09d0e1ad90165cbac2ba03d1c6594e76d0762343c9d51f3ee8c07c6b196033b3","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}},{"citation":"350-60-50-5","para":"50-5","html":"
An entity that receives crypto assets as noncash consideration in the ordinary course of business (or as a contribution, in the case of a not-for-profit entity) that are converted nearly immediately into cash need not include that activity in the disclosures required by paragraphs
350-60-50-3 through 50-4
.
","snippet":"An entity that receives crypto assets as noncash consideration in the ordinary course of business (or as a contribution, in the case of a not-for-profit entity) that are converted nearly immediately into cash need not in…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a466c4aa4a6f93525b2c0b6cc85a12ade53a70b65b86c13ee3a9f182022d9871","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}},{"citation":"350-60-50-6","para":"50-6","html":"
For interim and annual reporting periods, an entity shall disclose the following information for crypto assets subject to contractual sale restrictions at the balance sheet date:
  1. a
    The fair value of the crypto assets that are subject to contractual sale restrictions
  2. b
    The nature and remaining duration of the restriction(s)
  3. c
    Circumstances that could cause the restriction(s) to lapse.
","snippet":"For interim and annual reporting periods, an entity shall disclose the following information for crypto assets subject to contractual sale restrictions at the balance sheet date:\n(a) The fair value of the crypto assets t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4835152cae04520a0dfd12732a3d9a9dc4b67d16edd35d7a125e580260057178","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}},{"citation":"350-60-50-7","para":"50-7","html":"
In providing the required disclosures in paragraph 350-60-50-6, an entity with multiple crypto assets subject to contractual sale restrictions shall consider all of the following:
  1. a
    The level of detail necessary to satisfy the required disclosures
  2. b
    How much emphasis to place on each of the required disclosures
  3. c
    How much aggregation or disaggregation to undertake
  4. d
    Whether users of financial statements need additional information to evaluate the quantitative information disclosed.
","snippet":"In providing the required disclosures in paragraph 350-60-50-6, an entity with multiple crypto assets subject to contractual sale restrictions shall consider all of the following:\n(a) The level of detail necessary to sat…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:91132aaf1b3c84f3a939b450401da1eac217ad848f99897a3198d86323a956a0","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4a3c89d7ff71874dc484ea5d2de48f3959185271bbf134202e79dd598b4da4a3","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0903286d0ed5f4d999122decde1635bb95587590a8e2af5247d0d11268d97c2b","downloaded_from":"2026-09-10T00:03:25.691Z","last_downloaded_at":"2026-09-10T00:03:25.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476162","source_sha256":"4c5cab2a0ae1aec962370eba3bd94854b4ee1183e6599ef8c084297b295d13e6"}},{"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":"350-60-65-1","para":"65-1","html":"
Paragraph superseded on 07/02/2026 after the end of the transition period stated in Accounting Standards Update No. 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets.
","snippet":"Paragraph superseded on 07/02/2026 after the end of the transition period stated in Accounting Standards Update No. 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure o…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bb3c1ec54c9fcc804e08d30f8cd8dd82827f198ec0ed3a69a0daf45b352871dd","downloaded_from":"2026-09-10T00:03:27.423Z","last_downloaded_at":"2026-09-10T00:03:27.423Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476166","source_sha256":"f69ed42f309c664fb5aa8caa7b0c6b6c6a2a2f2d317bc3cfc9793ba648b63ba2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:483944a3f287b81ae26c91ad436e51fb08c3d7e76ea52a9fd681fc5d05443c9b","downloaded_from":"2026-09-10T00:03:27.423Z","last_downloaded_at":"2026-09-10T00:03:27.423Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476166","source_sha256":"f69ed42f309c664fb5aa8caa7b0c6b6c6a2a2f2d317bc3cfc9793ba648b63ba2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5228162f0783401af3b7380c79641a34d9f42472321f628e03760ba3c88e5a6c","downloaded_from":"2026-09-10T00:03:27.423Z","last_downloaded_at":"2026-09-10T00:03:27.423Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476166","source_sha256":"f69ed42f309c664fb5aa8caa7b0c6b6c6a2a2f2d317bc3cfc9793ba648b63ba2"}}],"enrichment":{"summary":"ASC 350-60 governs the subsequent measurement, presentation, and disclosure of in-scope crypto assets (e.g., bitcoin-type fungible tokens). The core rule is that such assets are measured at fair value on the balance sheet with remeasurement gains and losses recognized in net income (350-60-35-1), replacing the old indefinite-lived intangible impairment-only model. Initial measurement, recognition, and derecognition remain governed by other GAAP (350-60-05-2).","key_points":["Scope is limited to holdings that meet all six criteria in 350-60-15-1: they meet the definition of an intangible asset; give no enforceable rights to or claims on underlying goods, services, or other assets; are created or reside on a blockchain or similar distributed ledger; are secured through cryptography; are fungible; and are not created or issued by the reporting entity or its related parties.","The Subtopic applies to all entities holding crypto assets (350-60-15-2) but does not address initial measurement, recognition, or derecognition, which follow other GAAP (350-60-05-2).","Crypto assets are measured at fair value in the statement of financial position, with remeasurement gains and losses included in net income (350-60-35-1).","Crypto assets must be presented separately from other intangible assets on the balance sheet, and remeasurement gains and losses separately from changes in the carrying amount of other intangible assets (350-60-45-1 through 45-2); more disaggregated presentation is permitted.","Interim and annual disclosures include, for each significant holding, the name, cost basis, fair value, and number of units held, plus aggregated cost bases and fair values of holdings that are not individually significant (350-60-50-1).","Annual disclosures include the cost basis method used to compute gains and losses (e.g., FIFO, specific identification, average cost) and the income statement line item if gains and losses are not presented separately (350-60-50-2), plus an aggregate opening-to-closing reconciliation showing additions, dispositions, gains, and losses determined on a crypto-asset-by-crypto-asset basis (350-60-50-3).","Crypto assets subject to contractual sale restrictions require interim and annual disclosure of their fair value, the nature and remaining duration of the restriction, and circumstances that could cause it to lapse (350-60-50-6)."],"categories":["Subsequent measurement","Fair value","Presentation","Disclosure"],"audience_level":"intermediate","student_note":"This is the ASU 2023-08 fix that ended the much-criticized impairment-only model for bitcoin and similar tokens; the common trap is assuming it covers all digital assets — NFTs (nonfungible), wrapped tokens or stablecoins conveying enforceable claims on underlying assets, and self-issued tokens are all outside the scope of 350-60-15-1.","related_topics":["350-30","820","230-10","606","825"],"key_concepts":["crypto assets","fair value measurement","fungible intangible assets","distributed ledger","remeasurement gains and losses","cost basis method","contractual sale restrictions","rollforward reconciliation"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2afaefb003c65d68a125eed15abe14a95ddc85c00461c3ca1cd310d7d4481539","downloaded_from":"2026-09-10T00:03:09.498Z","last_downloaded_at":"2026-09-10T00:03:31.443Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"350-10","title":"Overall","topic_title":"Intangibles—Goodwill and Other","score":0.7104,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3494a7bf6375b398e80a219d189e31b3a4b4ace8be0472e968a1a25346344f47","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-30","title":"General Intangibles Other Than Goodwill","topic_title":"Intangibles—Goodwill and Other","score":0.6866,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:647f06e184c3a3d13f10f571b06900d2d28a7242c4a4ed6619781973a81cecc4","downloaded_from":"2026-09-10T00:01:33.372Z","last_downloaded_at":"2026-09-10T00:02:11.627Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"860-30","title":"Secured Borrowing and Collateral","topic_title":"Transfers and Servicing","score":0.6655,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:31d9eeb23c8ad80a15affdd37c82f68c059fe7457a10cf6efefed447b35da8f5","downloaded_from":"2026-09-10T02:06:50.852Z","last_downloaded_at":"2026-09-10T02:07:35.766Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"825-10","title":"Overall","topic_title":"Financial Instruments","score":0.6607,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d935bd1a184ea2b156a75efe59939763952e98725b55de43cae9915f5b793d48","downloaded_from":"2026-09-10T01:44:11.504Z","last_downloaded_at":"2026-09-10T01:44:42.941Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"818-20","title":"Environmental Credits","topic_title":"Environmental Credits and Environmental Credit Obligations","score":0.6585,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:faa88e344cd85898905d48169adfd4930b19110175ce3e98031534c24a3c84cb","downloaded_from":"2026-09-10T01:42:02.300Z","last_downloaded_at":"2026-09-10T01:42:33.080Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"210-20","title":"Offsetting","topic_title":"Balance Sheet","score":0.6579,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b29e56a6e566dd40a54ececf0c1c34fd5a7a19ae3f7714670cb6461de12008cd","downloaded_from":"2026-09-09T22:59:04.667Z","last_downloaded_at":"2026-09-09T22:59:32.460Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"350-50","title":"Website Development Costs","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:36a9435f5b31de6fa0d55c84819c43482ade9f91ad1bf02215d2b3dbb0683755","downloaded_from":"2026-09-10T00:02:49.004Z","last_downloaded_at":"2026-09-10T00:03:06.009Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"350-908","title":"Airlines","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3d8cef7756541e027c70056562e02c31b5d8abe696d4afbe962a805df82b4503","downloaded_from":"2026-09-10T00:03:35.089Z","last_downloaded_at":"2026-09-10T00:03:43.707Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b31e928672015a00f3bfa94b034207290fca6eaa8aafb927bf511f5eab65eff8","downloaded_from":"2026-09-10T00:03:09.498Z","last_downloaded_at":"2026-09-10T00:03:31.443Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-908","topic":"350","title":"Airlines","area":"Assets","paragraphs":6,"summary":"ASC 350-908 tells airlines how to account for purchased take-off and landing slots. Because the Department of Transportation permits airlines to sell or trade slots, a purchased slot is a salable right recorded as an intangible asset under Topic 350 (350-908-25-1). Slots acquired by exchanging slots with another airline are nonmonetary assets measured under Topic 845 and then accounted for under Topic 350 (350-908-35-2).","concepts":["take-off and landing slots","intangible assets","useful life determination","nonmonetary exchange","airline route authority","indefinite-lived intangibles","airport gates"],"categories":["Intangibles and goodwill","Industry-specific","Recognition","Subsequent measurement"],"level":"intermediate","topic_title":"Intangibles—Goodwill and Other","sections":[{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-908-05-1","para":"05-1","html":"
This Subtopic provides accounting guidance for take-off and landing slots for entities in the airline industry.
","snippet":"This Subtopic provides accounting guidance for take-off and landing slots for entities in the airline industry.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a19c4dbef03a7f8b8a0f8ba74efc3a4dc52e241a4c52c265eca4e1ed4332c946","downloaded_from":"2026-09-10T00:03:35.089Z","last_downloaded_at":"2026-09-10T00:03:35.089Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477570","source_sha256":"53c0efaa85ec2b54c91e4f3cab56ea58a746af0755478a4572934f7283f8bd25"}},{"citation":"350-908-05-2","para":"05-2","html":"
New entrants to a market and airlines expanding in markets need gates and take-off and landing slots available to them at the airports in those markets. At certain airports, the frequency of take-offs and landings at all times is generally at capacity. At other airports, the slots during popular travel times are at capacity. Because an airline cannot enter a market where no slots are available, the Department of Transportation has adopted a rule under which airlines may sell or trade slots. These transactions frequently include the sale of or access to gates for the acquiring airlines. Although slots, particularly those in high-demand time periods, have always had intrinsic value, the Department of Transportation policy of transferability through sale or exchange has made the slot a salable right.
","snippet":"New entrants to a market and airlines expanding in markets need gates and take-off and landing slots available to them at the airports in those markets. At certain airports, the frequency of take-offs and landings at all…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:272cebb6a440b57bae3d218de7d8db4c12989eb36b2ea03ebc1741eb47e12fbb","downloaded_from":"2026-09-10T00:03:35.089Z","last_downloaded_at":"2026-09-10T00:03:35.089Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477570","source_sha256":"53c0efaa85ec2b54c91e4f3cab56ea58a746af0755478a4572934f7283f8bd25"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:67ce44631e5336aeafb437425a56fc5dff01fd3756f324dd2adf065a604539c1","downloaded_from":"2026-09-10T00:03:35.089Z","last_downloaded_at":"2026-09-10T00:03:35.089Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477570","source_sha256":"53c0efaa85ec2b54c91e4f3cab56ea58a746af0755478a4572934f7283f8bd25"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3107beb4e355079797b371cfe705768247b1b7a4f8cca824e26dca88a36fb809","downloaded_from":"2026-09-10T00:03:35.089Z","last_downloaded_at":"2026-09-10T00:03:35.089Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477570","source_sha256":"53c0efaa85ec2b54c91e4f3cab56ea58a746af0755478a4572934f7283f8bd25"}},{"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":"350-908-15-1","para":"15-1","html":"
This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 908-10-15.
","snippet":"This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 908-10-15.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8f965cb3871437d79eebcdd354f9af13f846fa95b6f398075339ca2cc4f4a801","downloaded_from":"2026-09-10T00:03:36.943Z","last_downloaded_at":"2026-09-10T00:03:36.943Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478951","source_sha256":"b2883544e9f9102c12184271c7678306e7b635505c9ad78805f5da960333cb99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a0b485534c68c1b9cfed752a59a503cb980a8f2e1e7d772b24b6258215433af8","downloaded_from":"2026-09-10T00:03:36.943Z","last_downloaded_at":"2026-09-10T00:03:36.943Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478951","source_sha256":"b2883544e9f9102c12184271c7678306e7b635505c9ad78805f5da960333cb99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:52b2b3213abe5994006ca7183f3dbb21406d650b63eca099a9ba91b89b4caf92","downloaded_from":"2026-09-10T00:03:36.943Z","last_downloaded_at":"2026-09-10T00:03:36.943Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478951","source_sha256":"b2883544e9f9102c12184271c7678306e7b635505c9ad78805f5da960333cb99"}},{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":"Take-off and Landing Slots","paragraphs":[{"citation":"350-908-25-1","para":"25-1","html":"
When airlines buy take-off and landing slots, the recorded asset is an intangible asset that shall be accounted for in conformity with Topic 350. See also Example 6 (paragraph 350-30-55-17) for guidance with respect to the acquisition of an international airline route authority.
","snippet":"When airlines buy take-off and landing slots, the recorded asset is an intangible asset that shall be accounted for in conformity with Topic 350. See also Example 6 (paragraph 350-30-55-17) for guidance with respect to t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:153edcff62490e164ba30e2a65b4488dad98d4824786367d9e3d06eaa1c308bc","downloaded_from":"2026-09-10T00:03:40.815Z","last_downloaded_at":"2026-09-10T00:03:40.815Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478480","source_sha256":"32920a8f12730f24bdb805f0f325f6ebebefeed9367e8f40c8961c5cc9c6e906"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:494a9fd218d7a8f999ebbfa4af9dfcf4488afe29dbb56abb3036a706763cd52b","downloaded_from":"2026-09-10T00:03:40.815Z","last_downloaded_at":"2026-09-10T00:03:40.815Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478480","source_sha256":"32920a8f12730f24bdb805f0f325f6ebebefeed9367e8f40c8961c5cc9c6e906"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:69ffc928babfed8f249d8af40efbbaa30e9a92f885440b297010f4c6939656be","downloaded_from":"2026-09-10T00:03:40.815Z","last_downloaded_at":"2026-09-10T00:03:40.815Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478480","source_sha256":"32920a8f12730f24bdb805f0f325f6ebebefeed9367e8f40c8961c5cc9c6e906"}},{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":"Take-Off and Landing Slots","paragraphs":[{"citation":"350-908-35-1","para":"35-1","html":"
When determining a useful life of take-off and landing slots, the following factors shall be considered, in addition to the factors indicated in Topic 350:
  1. a
    The accelerated pace of change in the airline industry and the effects of competition among airports
  2. b
    The uncertainty of the continuation of the current governmental policy regarding sale of and access to landing slots
  3. c
    The terms of existing facility leases at airports
  4. d
    The probability of new airport construction to serve the same metropolitan area
  5. e
    The traffic patterns and trends and local operating restrictions.
","snippet":"When determining a useful life of take-off and landing slots, the following factors shall be considered, in addition to the factors indicated in Topic 350:\n(a) The accelerated pace of change in the airline industry and t…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2d4fcc6c00500631dd0d14972d22de75269cb2ce6fdd7f1b31c6cb4c524b2bb0","downloaded_from":"2026-09-10T00:03:43.707Z","last_downloaded_at":"2026-09-10T00:03:43.707Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478306","source_sha256":"045827da82e5385121aa911bbadcdaaf5c3c8806f5b117275b43d1698e22c2cf"}},{"citation":"350-908-35-2","para":"35-2","html":"
When an airline exchanges slots with another airline, the slots acquired in the exchange are nonmonetary assets that shall be recorded in conformity with Topic 845 and accounted for in accordance with Topic 350.
","snippet":"When an airline exchanges slots with another airline, the slots acquired in the exchange are nonmonetary assets that shall be recorded in conformity with Topic 845 and accounted for in accordance with Topic 350.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3c99e47c542e641cc5d1685d6e5884ce14de370a8d3752e70ef9bc8c17d1bf57","downloaded_from":"2026-09-10T00:03:43.707Z","last_downloaded_at":"2026-09-10T00:03:43.707Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478306","source_sha256":"045827da82e5385121aa911bbadcdaaf5c3c8806f5b117275b43d1698e22c2cf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fe0e7563a18025952ad795560531571f3bbbe6dfb6c4f8f5b2fc9cc58a8d5a9b","downloaded_from":"2026-09-10T00:03:43.707Z","last_downloaded_at":"2026-09-10T00:03:43.707Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478306","source_sha256":"045827da82e5385121aa911bbadcdaaf5c3c8806f5b117275b43d1698e22c2cf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:df34675b6dbc90c3c79d153444e5d342d4876c55f08d3f1479710f1fbad2d354","downloaded_from":"2026-09-10T00:03:43.707Z","last_downloaded_at":"2026-09-10T00:03:43.707Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478306","source_sha256":"045827da82e5385121aa911bbadcdaaf5c3c8806f5b117275b43d1698e22c2cf"}}],"enrichment":{"summary":"ASC 350-908 tells airlines how to account for purchased take-off and landing slots. Because the Department of Transportation permits airlines to sell or trade slots, a purchased slot is a salable right recorded as an intangible asset under Topic 350 (350-908-25-1). Slots acquired by exchanging slots with another airline are nonmonetary assets measured under Topic 845 and then accounted for under Topic 350 (350-908-35-2).","key_points":["Take-off and landing slots purchased by an airline are recorded as intangible assets and accounted for in conformity with Topic 350 (350-908-25-1).","Slots have value because airports are at capacity and DOT policy makes slots transferable by sale or exchange, turning them into salable rights (350-908-05-2).","In determining the useful life of slots, an airline must consider, in addition to the Topic 350 factors: the pace of change and airport competition, uncertainty about continued government policy on slot sales, terms of existing airport facility leases, probability of new airport construction serving the same metro area, and traffic patterns/trends and local operating restrictions (350-908-35-1).","Slots received in an airline-to-airline slot exchange are nonmonetary assets recorded in conformity with Topic 845 and thereafter accounted for under Topic 350 (350-908-35-2).","Acquisition of an international airline route authority is illustrated in Example 6 at paragraph 350-30-55-17 (350-908-25-1).","The Subtopic follows the same scope and scope exceptions as the airlines Overall Subtopic, Section 908-10-15 (350-908-15-1)."],"categories":["Intangibles and goodwill","Industry-specific","Recognition","Subsequent measurement"],"audience_level":"intermediate","student_note":"This is a short industry overlay: the real work is done by Topic 350 (and Topic 845 for exchanges), and this Subtopic only adds airline-specific useful-life factors. A common misunderstanding is assuming slots are automatically indefinite-lived — regulatory and competitive factors in 350-908-35-1 must be evaluated, and the guidance covers purchased or exchanged slots, not internally obtained ones.","related_topics":["350-30","845","908-10","805","350-20"],"key_concepts":["take-off and landing slots","intangible assets","useful life determination","nonmonetary exchange","airline route authority","indefinite-lived intangibles","airport gates"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fe74b45ca67cc876a756b1c11038608ad4345dbb11395646a92c320e098561be","downloaded_from":"2026-09-10T00:03:35.089Z","last_downloaded_at":"2026-09-10T00:03:43.707Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"845-908","title":"Airlines","topic_title":"Nonmonetary Transactions","score":0.8457,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fcb12e617da49652f75d495c749dbaf2de41ac1c9bb2731963ddd24cb50ad600","downloaded_from":"2026-09-10T02:00:03.974Z","last_downloaded_at":"2026-09-10T02:00:11.325Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"330-908","title":"Airlines","topic_title":"Inventory","score":0.6848,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bb97162e9d0038c54c0eb50ab773834489362e6624eb451e81203b71bd64139b","downloaded_from":"2026-09-09T23:51:55.917Z","last_downloaded_at":"2026-09-09T23:52:13.368Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"360-908","title":"Airlines","topic_title":"Property, Plant, and Equipment","score":0.6841,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b0ad6bf2d660320f9a3351b4a4bdeb134318ecf1cab6235097fbae60bafc9d09","downloaded_from":"2026-09-10T00:07:28.720Z","last_downloaded_at":"2026-09-10T00:07:56.986Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"908-10","title":"Overall","topic_title":"Airlines","score":0.6547,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:33ef1a621375bf170239130485041202a7172dcaa56b95c77c95cb6ae28b1f00","downloaded_from":"2026-09-10T02:08:49.576Z","last_downloaded_at":"2026-09-10T02:08:57.617Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"720-908","title":"Airlines","topic_title":"Other Expenses","score":0.6275,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a0e08f40a9620ce4d4a5546fa591441e13ff63d1751d0c3372bf8f2dd58fa104","downloaded_from":"2026-09-10T01:09:26.801Z","last_downloaded_at":"2026-09-10T01:09:37.136Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-10","title":"Overall","topic_title":"Intangibles—Goodwill and Other","score":0.6054,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2b918f115a01c0f0abbfd6325f2c9e8841c6f0d694c77e4a098f4f51e0cc65f8","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"350-60","title":"Crypto Assets","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5342a1e34183c69603ceea3fcffca517f292460741fd4d0b2840ee49563445df","downloaded_from":"2026-09-10T00:03:09.498Z","last_downloaded_at":"2026-09-10T00:03:31.443Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"350-920","title":"Entertainment—Broadcasters","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5358f52d31f1298526c7bb639d177b1bb1dbeb0060b1fae62122cb8581957f90","downloaded_from":"2026-09-10T00:03:46.608Z","last_downloaded_at":"2026-09-10T00:04:16.226Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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The core rule is that the license is treated as a purchase of a right or group of rights, recognized when the license period begins and three cost/acceptance/availability conditions are met, then amortized based on estimated future showings and carried at the lower of unamortized cost or fair value. It also governs accounting for terminated network affiliation agreements.","concepts":["program license agreement","broadcaster licensee","capitalized program rights","estimated number of future showings","lower of unamortized cost or fair value","network affiliation agreement","film group impairment","daypart"],"categories":["Recognition","Subsequent measurement","Impairment","Industry-specific"],"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":"350-920-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
FilmsAddedAccounting Standards Update No. 2019-0203/06/2019
Film GroupAddedAccounting Standards Update No. 2019-0203/06/2019
920-350-30-3AmendedAccounting Standards Update No. 2019-0203/06/2019
920-350-35-1AmendedAccounting Standards Update No. 2019-0203/06/2019
920-350-35-2AAddedAccounting Standards Update No. 2019-0203/06/2019
920-350-35-3AmendedAccounting Standards Update No. 2019-0203/06/2019
920-350-45-1AmendedAccounting Standards Update No. 2019-0203/06/2019
920-350-50-1 through 50-4
AddedAccounting Standards Update No. 2019-0203/06/2019
920-350-50-2AmendedAccounting Standards Update No. 2024-0311/04/2024
920-350-50-4AmendedAccounting Standards Update No. 2024-0311/04/2024
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nFilms | Added | Accounting Standards Update No. 2019-02 | 03/06/2019 |\nFilm Group | Adde…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a71b42c1df4e929765ebe6effe6f692071fe8dcbd6c0ab895749ab3366b6c99f","downloaded_from":"2026-09-10T00:03:46.608Z","last_downloaded_at":"2026-09-10T00:03:46.608Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477772","source_sha256":"7f4dd816f628be7bb605b703fc86bbde6e3d15d64557a03a6fca80aaa7e360c6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9b9624a7608a14357631757f80d847d3b368dd04d9f8a6dbc31121b2627c708f","downloaded_from":"2026-09-10T00:03:46.608Z","last_downloaded_at":"2026-09-10T00:03:46.608Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477772","source_sha256":"7f4dd816f628be7bb605b703fc86bbde6e3d15d64557a03a6fca80aaa7e360c6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c095fa018f18422fc5d60ce323e2686cea00b9ec1e261a8988248661b185c631","downloaded_from":"2026-09-10T00:03:46.608Z","last_downloaded_at":"2026-09-10T00:03:46.608Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477772","source_sha256":"7f4dd816f628be7bb605b703fc86bbde6e3d15d64557a03a6fca80aaa7e360c6"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-920-05-1","para":"05-1","html":"
This Subtopic addresses the accounting and reporting by a broadcaster licensee for the rights acquired under a license agreement for program material. Guidance is provided on:
  1. a
    When to recognize the asset acquired under such license agreements in the financial statements
  2. b
    At what amounts to record the asset
  3. c
    Amortization of the capitalized amounts recorded.
Guidance also is provided in this Subtopic on the accounting for network affiliation agreements that are terminated.
","snippet":"This Subtopic addresses the accounting and reporting by a broadcaster licensee for the rights acquired under a license agreement for program material. Guidance is provided on:\n(a) When to recognize the asset acquired und…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0173ee5a5c54427daac9c0898edc727b43c680dba1f2f1308124cc77ef818b19","downloaded_from":"2026-09-10T00:03:49.256Z","last_downloaded_at":"2026-09-10T00:03:49.256Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479121","source_sha256":"12fcad6797ff3915c6417f8251c6aa995c78d94b80cace12329b0212cb72bfe2"}},{"citation":"350-920-05-2","para":"05-2","html":"
See paragraph 920-350-25-2 for guidance on recording the obligation incurred by a broadcaster licensee under a program license agreement.
","snippet":"See paragraph 920-350-25-2 for guidance on recording the obligation incurred by a broadcaster licensee under a program license agreement.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec346516ca9320d02fef20769881d283098716807f9a745e7b3797bf8debb1aa","downloaded_from":"2026-09-10T00:03:49.256Z","last_downloaded_at":"2026-09-10T00:03:49.256Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479121","source_sha256":"12fcad6797ff3915c6417f8251c6aa995c78d94b80cace12329b0212cb72bfe2"}},{"citation":"350-920-05-3","para":"05-3","html":"
A typical license agreement for program material grants a licensee the right to broadcast a specified number or an unlimited number of showings during the license period for a fee. Ordinarily, the fee is paid in installments over a period generally shorter than the license period. The agreement usually contains a separate license for each program in the package. The license expires at the earlier of the last allowed telecast or the end of the license period. The licensee pays the required fee whether or not the rights are exercised. If the licensee does not exercise the contractual rights, the rights revert to the licensor with no refund to the licensee. The license period is not intended to provide continued use of the program material throughout that period but rather to define a reasonable period of time within which the licensee can exercise the limited rights to use the program material.
","snippet":"A typical license agreement for program material grants a licensee the right to broadcast a specified number or an unlimited number of showings during the license period for a fee. Ordinarily, the fee is paid in installm…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aa43ab8beec6f19bcf3dd7b1c2dc9242ecb37877a7c9358a4eecb1b3370d6b89","downloaded_from":"2026-09-10T00:03:49.256Z","last_downloaded_at":"2026-09-10T00:03:49.256Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479121","source_sha256":"12fcad6797ff3915c6417f8251c6aa995c78d94b80cace12329b0212cb72bfe2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:720bf6c7ca1c8575254bcff4b9080e9c1f2f233f6998784afcd6218769ee7e52","downloaded_from":"2026-09-10T00:03:49.256Z","last_downloaded_at":"2026-09-10T00:03:49.256Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479121","source_sha256":"12fcad6797ff3915c6417f8251c6aa995c78d94b80cace12329b0212cb72bfe2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ea7b23aa0f8f85596d181bd2284ff80be7cdad617b9766dde39d59164339ad6d","downloaded_from":"2026-09-10T00:03:49.256Z","last_downloaded_at":"2026-09-10T00:03:49.256Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479121","source_sha256":"12fcad6797ff3915c6417f8251c6aa995c78d94b80cace12329b0212cb72bfe2"}},{"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":"350-920-15-1","para":"15-1","html":"
This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 920-10-15.
","snippet":"This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 920-10-15.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:64b8405e3c1c02bf956ef91d0d825f6d6c228bc7197d35c4ed9cf3e2528577e2","downloaded_from":"2026-09-10T00:03:51.767Z","last_downloaded_at":"2026-09-10T00:03:51.767Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478724","source_sha256":"6524d30b13a0819a349a9911ba5d3f6be763bae3ebfd65acfdd12b8c4bec0caf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21ca0e8ae76aa77bd5b048d6140ca3283a41a667b811c29f6e019379938f64d4","downloaded_from":"2026-09-10T00:03:51.767Z","last_downloaded_at":"2026-09-10T00:03:51.767Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478724","source_sha256":"6524d30b13a0819a349a9911ba5d3f6be763bae3ebfd65acfdd12b8c4bec0caf"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3ff2d13b5b4d034f2d044f9031ace6a72980bf6916f8a5309c6904733006df4f","downloaded_from":"2026-09-10T00:03:51.767Z","last_downloaded_at":"2026-09-10T00:03:51.767Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478724","source_sha256":"6524d30b13a0819a349a9911ba5d3f6be763bae3ebfd65acfdd12b8c4bec0caf"}},{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":"License Agreements for Program Material—Exhibition Rights","paragraphs":[{"citation":"350-920-25-1","para":"25-1","html":"
A broadcaster (licensee) shall account for a license agreement for program material and any exhibition right(s) acquired under a license agreement for program material as a purchase of a right or group of rights.
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A licensee shall report an asset and a liability for the rights acquired and obligations incurred under a license agreement when the license period begins and all of the following conditions have been met:
  1. a
    The cost of each program is known or reasonably determinable.
  2. b
    The program material has been accepted by the licensee in accordance with the conditions of the license agreement.
  3. c
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Paragraph 920-405-30-1 presents the alternative methods under which a broadcaster shall report the amount of the asset and liability for a broadcast license agreement.
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The capitalized costs to be amortized shall be determined under one of the methods specified in paragraph 920-405-30-1. Those costs shall be allocated to individual programs within a package on the basis of the relative value of each to the broadcaster, which ordinarily would be specified in the contract.
","snippet":"The capitalized costs to be amortized shall be determined under one of the methods specified in paragraph 920-405-30-1. Those costs shall be allocated to individual programs within a package on the basis of the relative …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:daea43fe51106a3f9cef0f6d99589b3d8046082a61b5a0c52e29f986194db62c","downloaded_from":"2026-09-10T00:03:59.422Z","last_downloaded_at":"2026-09-10T00:03:59.422Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478475","source_sha256":"815d0e6525bd66807d59fb0756fafda036618b30ec90556cf95684af828fb4e1"}},{"citation":"350-920-30-3","para":"30-3","html":"
The capitalized costs of rights to program materials shall be reported in the balance sheet at the lower of unamortized cost or fair value on a program-by-program, series, package, or daypart basis, as appropriate.
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The capitalized costs of license agreements for program material, including license agreements in a film group, shall be amortized based on the estimated number of future showings, except that licenses providing for unlimited showings of cartoons and programs with similar characteristics may be amortized over the period of the agreement because the estimated number of future showings may not be determinable.
","snippet":"The capitalized costs of license agreements for program material, including license agreements in a film group, shall be amortized based on the estimated number of future showings, except that licenses providing for unli…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f88a380cc73c886578c1d1782e053ad87f26b84cba398e4474d3c8218343de05","downloaded_from":"2026-09-10T00:04:01.297Z","last_downloaded_at":"2026-09-10T00:04:01.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477305","source_sha256":"98652032740c0387b3b289243442392c78c1320aa9328d2011b1ac0957b27544"}},{"citation":"350-920-35-2","para":"35-2","html":"
Feature programs shall be amortized on a program-by-program basis; however, amortization as a package may be appropriate if it approximates the amortization that would have been provided on a program-by-program basis. Program series and other syndicated products shall be amortized as a series. If the first showing is more valuable to a station than reruns, an accelerated method of amortization shall be used. However, the straight-line amortization method may be used if each showing is expected to generate similar revenues.
","snippet":"Feature programs shall be amortized on a program-by-program basis; however, amortization as a package may be appropriate if it approximates the amortization that would have been provided on a program-by-program basis. Pr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8152fef5ff5ce8c6017c7de3d74fbe7b99e782473a1f5bd23411c8a6af906cff","downloaded_from":"2026-09-10T00:04:01.297Z","last_downloaded_at":"2026-09-10T00:04:01.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477305","source_sha256":"98652032740c0387b3b289243442392c78c1320aa9328d2011b1ac0957b27544"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0c785f968ccda3b2762ab70a8640c4a27ab4cb0cb56c9e8b1ddcc779358f0b54","downloaded_from":"2026-09-10T00:04:01.297Z","last_downloaded_at":"2026-09-10T00:04:01.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477305","source_sha256":"98652032740c0387b3b289243442392c78c1320aa9328d2011b1ac0957b27544"}},{"block":null,"heading":"License Agreements for Program Material—Valuation","paragraphs":[{"citation":"350-920-35-2A","para":"35-2A","html":"
If a license agreement within the scope of this Subtopic is part of a film group (see paragraphs
926-20-35-3B through 35-3C
), it shall be reviewed for impairment in accordance with paragraphs 926-20-35-12 and 926-20-35-12B. If the license agreement is not part of a film group, it shall be reviewed for impairment in accordance with paragraph 920-350-35-3.
","snippet":"If a license agreement within the scope of this Subtopic is part of a film group (see paragraphs 926-20-35-3B through 35-3C), it shall be reviewed for impairment in accordance with paragraphs 926-20-35-12 and 926-20-35-1…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0aa9db26403c8a7609a78effb34a21886e3889afe0e76cb7ce37f6d04a6f8cb7","downloaded_from":"2026-09-10T00:04:01.297Z","last_downloaded_at":"2026-09-10T00:04:01.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477305","source_sha256":"98652032740c0387b3b289243442392c78c1320aa9328d2011b1ac0957b27544"}},{"citation":"350-920-35-3","para":"35-3","html":"
If management's expectations of the programming usefulness of a program, series, package, or daypart are revised downward, it may be necessary to write off to the income statement the amount by which the unamortized capitalized costs exceed fair value. A writeoff from unamortized cost to fair value establishes a new cost basis.
","snippet":"If management's expectations of the programming usefulness of a program, series, package, or daypart are revised downward, it may be necessary to write off to the income statement the amount by which the unamortized capi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8f64d15b27f5124c88d6ad61eb86acdf3356ef0a62b94eb1765665f1b658d32b","downloaded_from":"2026-09-10T00:04:01.297Z","last_downloaded_at":"2026-09-10T00:04:01.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477305","source_sha256":"98652032740c0387b3b289243442392c78c1320aa9328d2011b1ac0957b27544"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:57fbc072dc9e63d18549fb57b440568a4de6d251d124c7c407292e60beb1bc7c","downloaded_from":"2026-09-10T00:04:01.297Z","last_downloaded_at":"2026-09-10T00:04:01.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477305","source_sha256":"98652032740c0387b3b289243442392c78c1320aa9328d2011b1ac0957b27544"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:957929ed1f088e5aba572115f9e2cb49af063eadaf0c85c7daa8fa5fd4c32d0c","downloaded_from":"2026-09-10T00:04:01.297Z","last_downloaded_at":"2026-09-10T00:04:01.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477305","source_sha256":"98652032740c0387b3b289243442392c78c1320aa9328d2011b1ac0957b27544"}},{"number":"40","label":"40 Derecognition","anchor":"40-derecognition","is_sec":false,"groups":[{"block":null,"heading":"Termination of a Network Affiliation Agreement","paragraphs":[{"citation":"350-920-40-1","para":"40-1","html":"
If a network affiliation agreement is terminated and not immediately replaced or under agreement to be replaced, the unamortized balance of the amount originally allocated to the network affiliation agreement shall be charged to expense. If a network affiliation is terminated and immediately replaced or under agreement to be replaced, a loss shall be recognized to the extent that the unamortized cost of the terminated affiliation exceeds the fair value of the new affiliation. Gain shall not be recognized if the fair value of the new network affiliation exceeds the unamortized cost of the terminated affiliation.
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The asset recorded for the rights acquired under a license agreement for program material shall be presented separately from films that are accounted for under Subtopic 926-20 either on the balance sheet or in the notes to financial statements.
","snippet":"The asset recorded for the rights acquired under a license agreement for program material shall be presented separately from films that are accounted for under Subtopic 926-20 either on the balance sheet or in the notes …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:57e5b7c0bbc69cdaabe23f2f8f58bb69fad3900425522523fcf6879e9ee6d335","downloaded_from":"2026-09-10T00:04:04.809Z","last_downloaded_at":"2026-09-10T00:04:04.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477635","source_sha256":"57978c3d4a680a2d9fed2f36e4fbf29c35e6feb9c700dad826c334c1a791c2d0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:594b1dfc59f67ec63dc6f7c2aa80a46e0438385fd1423c03a473f9532118ab19","downloaded_from":"2026-09-10T00:04:04.809Z","last_downloaded_at":"2026-09-10T00:04:04.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477635","source_sha256":"57978c3d4a680a2d9fed2f36e4fbf29c35e6feb9c700dad826c334c1a791c2d0"}},{"block":null,"heading":"Network Affiliation Agreements","paragraphs":[{"citation":"350-920-45-2","para":"45-2","html":"
Network affiliation agreements and other such items ordinarily are presented in the balance sheet of a broadcaster as intangible assets.
","snippet":"Network affiliation agreements and other such items ordinarily are presented in the balance sheet of a broadcaster as intangible assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:34511767cdd5ddcab41cd40b2bca37677fea153beae3b4169142f493cc44b6bb","downloaded_from":"2026-09-10T00:04:04.809Z","last_downloaded_at":"2026-09-10T00:04:04.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477635","source_sha256":"57978c3d4a680a2d9fed2f36e4fbf29c35e6feb9c700dad826c334c1a791c2d0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7bf8fd9e6f43a42f151e87d9c210ec2b1bcacc164e4f1b6d3219adfbc25d05cb","downloaded_from":"2026-09-10T00:04:04.809Z","last_downloaded_at":"2026-09-10T00:04:04.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477635","source_sha256":"57978c3d4a680a2d9fed2f36e4fbf29c35e6feb9c700dad826c334c1a791c2d0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:254ed49ad89b1040733569df530a50297f76b66669df159d04d4b4f6f4fe900c","downloaded_from":"2026-09-10T00:04:04.809Z","last_downloaded_at":"2026-09-10T00:04:04.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477635","source_sha256":"57978c3d4a680a2d9fed2f36e4fbf29c35e6feb9c700dad826c334c1a791c2d0"}},{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":"License Agreements for Program Material","paragraphs":[{"citation":"350-920-50-1","para":"50-1","html":"
An entity shall disclose its methods of accounting for the rights acquired under a license agreement, including, but not limited to, the following methods:
  1. a
    The method or method(s) used in computing amortization
  2. b
    For impairment, a description of the unit(s) of account used for impairment testing and the method(s) used for determining fair value.
","snippet":"An entity shall disclose its methods of accounting for the rights acquired under a license agreement, including, but not limited to, the following methods:\n(a) The method or method(s) used in computing amortization\n(b) F…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3c1c3ead1a29a0cd2d4574c2235e83facf922f20da3ae29626912baf0b8726f2","downloaded_from":"2026-09-10T00:04:08.809Z","last_downloaded_at":"2026-09-10T00:04:08.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478609","source_sha256":"249179faeca45ba9ecbc10896e5697181b1377d8cfe7236dc62b6b4813c99cd1"}},{"citation":"350-920-50-2","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 performance is presented:
  1. a
    The aggregate amortization expense for the period
  2. b
    The caption in the income statement where the amortization is recorded.
Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:
220-40-65-1The following information shall be disclosed in the financial statements or the notes to financial statements for each period for which a statement of financial performance is presented:
  1. a
    The aggregate amortization expense for the period
  2. b
    The caption in the income statement where the amortization is recorded.
See paragraphs
220-40-50-21 through 50-25
for additional disclosure requirements.
","snippet":"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 performance is presented:\n(a) The aggregate amortization ex…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:44e1a040f6dd1ef85f050284bdb0945289cdb7eb850c4262f2b7aa1052d99deb","downloaded_from":"2026-09-10T00:04:08.809Z","last_downloaded_at":"2026-09-10T00:04:08.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478609","source_sha256":"249179faeca45ba9ecbc10896e5697181b1377d8cfe7236dc62b6b4813c99cd1"}},{"citation":"350-920-50-3","para":"50-3","html":"
For the most recent annual period for which a statement of financial position is presented, an entity shall disclose in the notes to financial statements the portion of the costs of license agreements recognized at the date of the most recent statement of financial position that an entity expects to amortize within each of the next three operating cycles. An operating cycle is presumed to be 12 months. An entity shall disclose its operating cycle if it is other than 12 months.
","snippet":"For the most recent annual period for which a statement of financial position is presented, an entity shall disclose in the notes to financial statements the portion of the costs of license agreements recognized at the d…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:96efc9ba2ef30f52380ce46db7816b8e8ef317ba36bd21a5887f4309118ab0ec","downloaded_from":"2026-09-10T00:04:08.809Z","last_downloaded_at":"2026-09-10T00:04:08.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478609","source_sha256":"249179faeca45ba9ecbc10896e5697181b1377d8cfe7236dc62b6b4813c99cd1"}},{"citation":"350-920-50-4","para":"50-4","html":"
For impairment amounts recognized for a license agreement that is not included in a film group, the following information shall be disclosed in the notes to financial statements that include the period in which the impairment losses are recognized:
  1. a
    A description of the facts and circumstances leading to the impairment
  2. b
    The amount of impairment losses
  3. c
    The caption in the income statement where the impairment losses are recorded
  4. d
    If applicable, the segment(s) under Topic 280 where the impairment losses are recorded.
Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:
220-40-65-1For impairment amounts recognized for a license agreement that is not included in a film group, the following information shall be disclosed in the notes to financial statements that include the period in which the impairment losses are recognized:
  1. a
    A description of the facts and circumstances leading to the impairment
  2. b
    The amount of impairment losses
  3. c
    The caption in the income statement where the impairment losses are recorded
  4. d
    If applicable, the segment(s) under Topic 280 where the impairment losses are recorded.
See paragraphs
220-40-50-21 through 50-25
for additional disclosure requirements.
","snippet":"For impairment amounts recognized for a license agreement that is not included in a film group, the following information shall be disclosed in the notes to financial statements that include the period in which the impai…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d2a27af51927aff0f1f231f2d07b0e93dcb70bbbc105008cc8e448749bd17f4e","downloaded_from":"2026-09-10T00:04:08.809Z","last_downloaded_at":"2026-09-10T00:04:08.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478609","source_sha256":"249179faeca45ba9ecbc10896e5697181b1377d8cfe7236dc62b6b4813c99cd1"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:51e0c4dd5397cbdcab407c457906e124eb75d1ac69d4b314729da5da1799276b","downloaded_from":"2026-09-10T00:04:08.809Z","last_downloaded_at":"2026-09-10T00:04:08.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478609","source_sha256":"249179faeca45ba9ecbc10896e5697181b1377d8cfe7236dc62b6b4813c99cd1"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4113084b1ec6c8dcaba0840be97e96545cc1bc601db32e41f08ae292f05e549b","downloaded_from":"2026-09-10T00:04:08.809Z","last_downloaded_at":"2026-09-10T00:04:08.809Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478609","source_sha256":"249179faeca45ba9ecbc10896e5697181b1377d8cfe7236dc62b6b4813c99cd1"}},{"number":"55","label":"55 Implementation Guidance and Illustrations","anchor":"55-implementation-guidance-and-illustrations","is_sec":false,"groups":[{"block":null,"heading":"Illustrations","paragraphs":[{"citation":"350-920-55-1","para":"55-1","html":"
This Example illustrates accounting for a license agreement for television program material in accordance with this Topic.
","snippet":"This Example illustrates accounting for a license agreement for television program material in accordance with this Topic.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:08c9dcc11b36e7f9655e893d9dc95ad8f954d6415f28ed7e7db152044acb7529","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}},{"citation":"350-920-55-2","para":"55-2","html":"
This Example has the following assumptions:
  1. a
    End of Fiscal Year—December 31
  2. b
    Contract Execution Date—July 31, 19X1
  3. c
    Number of Films and Telecasts Permitted—four films, two telecasts each
  4. d
    Payment Schedule—$1,000,000 at contract execution date, $6,000,000 on January 1, 19X2, 19X3, and 19X4
  5. e
    Appropriate Interest Rate for Imputation of Interest—12 percent per year
  6. f
    Fees, License Periods, and Film Availability Dates.
    • \"
      Stated License Periods Film Availability Dates Film Total Fee From To(a) A \"$8,000,000\" 10/1/X1 9/30/X3 9/1/X1 B \"5,000,000\" 10/1/X1 9/30/X3 9/1/X1 C \"3,750,000\" 9/1/X2 8/31/X4 12/1/X1 D \"2,250,000\" 9/1/X3 8/31/X5 12/1/X2 \"$19,000,000\" (a)\tThe actual license periods expire at the earlier of the second telecast or the end of the stated license period.
  7. g
    Telecast Dates and Revenues.
    • \"
      First Telecast Second Telecast Film Date Percent of Total Revenue Date Percent of Total Revenue A 3/1/X2 60% 6/1/X3 40% B 5/1/X2 70% 7/1/X3 30% C 6/1/X3 75% 6/1/X4 25% D 12/1/X4 65% 8/1/X5 35%\t
","snippet":"This Example has the following assumptions:\n(a) End of Fiscal Year—December 31\n(b) Contract Execution Date—July 31, 19X1\n(c) Number of Films and Telecasts Permitted—four films, two telecasts each\n(d) Payment Schedule—$1,…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:361679447a773628a49012fd8cf722294fec609142c0b589eb74940d9490e5eb","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}},{"citation":"350-920-55-3","para":"55-3","html":"
For purposes of imputing interest, it is assumed that the $1,000,000 payment on July 31, 19X1 and the $6,000,000 payments on January 1, 19X2 and 19X3 relate to Films A and B and the $6,000,000 payment on January 1, 19X4 relates to Films C and D. Other simplifying assumptions or methods of assigning the payments to the films could be made.
","snippet":"For purposes of imputing interest, it is assumed that the $1,000,000 payment on July 31, 19X1 and the $6,000,000 payments on January 1, 19X2 and 19X3 relate to Films A and B and the $6,000,000 payment on January 1, 19X4 …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8174164d846d980ef3bd032fc20dbcb51edaef8e39790ffc74fe8640f6e257da","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}},{"citation":"350-920-55-4","para":"55-4","html":"
Asset and Liability Recognition (Fair Value Approach)
","snippet":"Asset and Liability Recognition (Fair Value Approach)","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5f2cf1aaa25157df4beec3b62b9eefee260eed500b456ba3f4243ce0c5e1deba","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}},{"citation":"350-920-55-5","para":"55-5","html":"
Expense Recognition (Fair Value Approach)
","snippet":"Expense Recognition (Fair Value Approach)","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8083482e436300a8429e8f993b49db77d34d43795a5f53b2ba124650c4c4d7ea","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}},{"citation":"350-920-55-6","para":"55-6","html":"
Asset and Liability Recognition (Gross Approach)
","snippet":"Asset and Liability Recognition (Gross Approach)","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c16fe6f675866a6fc21c07e14df265cd810537cb68bca966741936617f74bba1","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}},{"citation":"350-920-55-7","para":"55-7","html":"
Expense Recognition (Gross Approach)
","snippet":"Expense Recognition (Gross Approach)","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:77e8611bc95f73c391c6b500e0ebe2ea1e746caafb3c34ccdf891a9a281a35d5","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:93087c33a43ab4aeb0d0304be17d403ee925d81d62794e21e271639bc80c8486","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9df24a0d6d8db5414ea7c44f0791fdc6793a8a39d37daa43e32c3ace4e3ed7d9","downloaded_from":"2026-09-10T00:04:12.170Z","last_downloaded_at":"2026-09-10T00:04:12.170Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478244","source_sha256":"72d7b5a6f9ee9d00247915dc750fd891240b8572f27620192c546ff5927af69e"}}],"enrichment":{"summary":"This Subtopic tells a broadcaster (licensee) how to account for rights acquired under a license agreement for program material: when to recognize the asset and related liability, at what amounts to record them, and how to amortize and test them for impairment. The core rule is that the license is treated as a purchase of a right or group of rights, recognized when the license period begins and three cost/acceptance/availability conditions are met, then amortized based on estimated future showings and carried at the lower of unamortized cost or fair value. It also governs accounting for terminated network affiliation agreements.","key_points":["A broadcaster shall account for a program license agreement and any exhibition rights acquired as a purchase of a right or group of rights (350-920-25-1).","An asset and liability are reported when the license period begins and all three conditions are met: cost of each program is known or reasonably determinable, the material has been accepted by the licensee, and the program is available for its first showing or telecast (350-920-25-2).","Capitalized cost is measured under one of the methods in 920-405-30-1 and allocated to individual programs in a package based on relative value to the broadcaster; the asset is reported at the lower of unamortized cost or fair value on a program-by-program, series, package, or daypart basis (350-920-30-1 through 30-3).","Amortization is based on the estimated number of future showings, except licenses for unlimited showings of cartoons and similar programs, which may be amortized over the agreement period; feature programs are amortized program-by-program and series as a series, with an accelerated method if the first showing is more valuable (350-920-35-1 through 35-2).","A license agreement that is part of a film group is tested for impairment under 926-20-35-12 and 926-20-35-12B; otherwise under 920-350-35-3, and a writeoff from unamortized cost to fair value establishes a new cost basis (350-920-35-2A, 35-3).","On termination of a network affiliation agreement not immediately replaced, the unamortized balance is charged to expense; if immediately replaced, a loss is recognized only to the extent unamortized cost exceeds the fair value of the new affiliation, and no gain is recognized (350-920-40-1).","Required disclosures include amortization and impairment methods and units of account, aggregate amortization expense and its income statement caption, and the portion of capitalized license costs expected to be amortized in each of the next three operating cycles (350-920-50-1 through 50-4)."],"categories":["Recognition","Subsequent measurement","Impairment","Industry-specific"],"audience_level":"intermediate","student_note":"Watch the recognition trigger: the licensee capitalizes the full asset and liability when the license period begins and the program is available for its first telecast — not as installment payments are made — and the fee is owed whether or not the rights are ever exercised. A common misunderstanding is treating these agreements as executory contracts or leases rather than as a purchase of rights.","related_topics":["920-350","920-405","926-20","920-10","280","220-40"],"key_concepts":["program license agreement","broadcaster licensee","capitalized program rights","estimated number of future showings","lower of unamortized cost or fair value","network affiliation agreement","film group impairment","daypart"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:20b579b5a1e9a87222609ada0b241d6a6577d50f1e432255a5b5c5b6cf660cc0","downloaded_from":"2026-09-10T00:03:46.608Z","last_downloaded_at":"2026-09-10T00:04:16.226Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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Costs","topic_title":"Entertainment—Films","score":0.7964,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:918af478b0d891a14557de5227ca37bb61cd026476944a1e313ced4e0af02a14","downloaded_from":"2026-09-10T02:11:36.539Z","last_downloaded_at":"2026-09-10T02:12:10.722Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"230-920","title":"Entertainment—Broadcasters","topic_title":"Statement of Cash 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During the prematurity period, fixed system costs incurred in anticipation of a fully operating system are split between current operations (expensed) and future operations (capitalized) using the subscriber-based fraction in 922-360-35-3, and amortization is computed using that same fraction. Costs of successful franchise applications are capitalized and amortized under Topic 350, while unsuccessful or abandoned franchise costs are expensed.","concepts":["prematurity period","programming costs","franchise application costs","cost allocation fraction","capitalization and amortization","recoverable value provision","cable television plant"],"categories":["Industry-specific","Recognition","Subsequent measurement","Intangibles and goodwill"],"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":"350-922-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
922-350-30-1AmendedAccounting Standards Update No. 2009-0207/01/2009
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\n922-350-30-1 | Amended | Accounting Standards Update No. 2009-02 | 07/01/2009 |","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:90d5a18659ba0bb062135f05e26c956c2ed4aee5c9faa87ebd9b35ca1bc6457f","downloaded_from":"2026-09-10T00:04:18.369Z","last_downloaded_at":"2026-09-10T00:04:18.369Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477456","source_sha256":"2820873ef4f572a555ad88b83cb523c62217578ef2ba3858cf17cb4ac14f4047"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:00d706130cfe4fbbe9f04356a6c117a0ab7468a856732544e7d2ea13f2631c28","downloaded_from":"2026-09-10T00:04:18.369Z","last_downloaded_at":"2026-09-10T00:04:18.369Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477456","source_sha256":"2820873ef4f572a555ad88b83cb523c62217578ef2ba3858cf17cb4ac14f4047"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ede46465ff4e28fcac73f52cc9948937e49be596077e3bb0e44ac8946d42d40e","downloaded_from":"2026-09-10T00:04:18.369Z","last_downloaded_at":"2026-09-10T00:04:18.369Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477456","source_sha256":"2820873ef4f572a555ad88b83cb523c62217578ef2ba3858cf17cb4ac14f4047"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-922-05-1","para":"05-1","html":"
This Subtopic provides guidance for various intangible costs incurred by entities in the cable television industry, such as programming costs and franchise application costs.
","snippet":"This Subtopic provides guidance for various intangible costs incurred by entities in the cable television industry, such as programming costs and franchise application costs.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fd28c19769e816e3ba961820c95a927157ae3e8996a16171c0b3afae8ee9976e","downloaded_from":"2026-09-10T00:04:21.297Z","last_downloaded_at":"2026-09-10T00:04:21.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477996","source_sha256":"d93fa9293bae464ac2497ccb048536dc1742c4820f4de02b4ed7d92182dcac09"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5437a84329c32ed466d0d3d6567fb9a8e2630f6fe486aa22b70fa298c10c0802","downloaded_from":"2026-09-10T00:04:21.297Z","last_downloaded_at":"2026-09-10T00:04:21.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477996","source_sha256":"d93fa9293bae464ac2497ccb048536dc1742c4820f4de02b4ed7d92182dcac09"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4bea1c8248cbd2b9e2bf560ee5a0eafcb43dc0cf8965c3498b1a664a760a2df4","downloaded_from":"2026-09-10T00:04:21.297Z","last_downloaded_at":"2026-09-10T00:04:21.297Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477996","source_sha256":"d93fa9293bae464ac2497ccb048536dc1742c4820f4de02b4ed7d92182dcac09"}},{"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":"350-922-15-1","para":"15-1","html":"
This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 922-10-15.
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During the prematurity period, programming costs and other system costs that are incurred in anticipation of servicing a fully operating system and that will not vary significantly regardless of the number of subscribers shall be allocated between current and future operations. The proportion attributable to current operations shall be expensed currently and the remainder shall be capitalized. The amount to be expensed currently shall be determined by multiplying the total of such costs for the month by the fraction determined for that month as described in paragraph 922-360-35-3. Those costs include property taxes based on valuation as a fully operating system; pole, underground duct, antenna site, and microwave rental based on rental costs for a fully operating system; and local origination programming to satisfy franchise requirements.
","snippet":"During the prematurity period, programming costs and other system costs that are incurred in anticipation of servicing a fully operating system and that will not vary significantly regardless of the number of subscribers…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1105f983c6d38ad7781a2451ad56f481834535fdf8ac668df8dec5d13caa9d27","downloaded_from":"2026-09-10T00:04:30.728Z","last_downloaded_at":"2026-09-10T00:04:30.728Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478090","source_sha256":"ef54d6fe7c22d91f7ee9b55e04151593421e5ca4c2db4369793f1b29c3fc8d5f"}},{"citation":"350-922-25-2","para":"25-2","html":"
Refer to paragraph 922-835-25-1 concerning the capitalization of interest costs during the prematurity period.
","snippet":"Refer to paragraph 922-835-25-1 concerning the capitalization of interest costs during the prematurity period.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bcd427aea0b391016af2874a9328ceaaec19095324f9704ce2e5d84e0c7c16b3","downloaded_from":"2026-09-10T00:04:30.728Z","last_downloaded_at":"2026-09-10T00:04:30.728Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478090","source_sha256":"ef54d6fe7c22d91f7ee9b55e04151593421e5ca4c2db4369793f1b29c3fc8d5f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a87bab8a2623f39cc5eb07c6b3daa3f70ac2a702f76476454fcb8000312ab0ba","downloaded_from":"2026-09-10T00:04:30.728Z","last_downloaded_at":"2026-09-10T00:04:30.728Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478090","source_sha256":"ef54d6fe7c22d91f7ee9b55e04151593421e5ca4c2db4369793f1b29c3fc8d5f"}},{"block":null,"heading":"Franchise Application Costs","paragraphs":[{"citation":"350-922-25-3","para":"25-3","html":"
Costs of successful franchise applications shall be capitalized.
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During the prematurity period, amortization expense shall be determined by multiplying the monthly amortization of total capitalized costs expected on completion of the prematurity period by the same fraction described in paragraph 922-360-35-3, using the amortization method that will be applied by the entity after the prematurity period.
","snippet":"During the prematurity period, amortization expense shall be determined by multiplying the monthly amortization of total capitalized costs expected on completion of the prematurity period by the same fraction described i…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d84f5135cc27d51c71b15d971414596d360d672afe1e36d35b59843ef90cddb0","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a33fbbd6525ea6d534138afae0ca2032e6a2dccf66adae131da629ce273c920c","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}},{"block":null,"heading":"Amortization of Capitalized Costs","paragraphs":[{"citation":"350-922-35-2","para":"35-2","html":"
Costs that have been capitalized in accordance with paragraph 922-350-25-1 shall be amortized over the same period used to depreciate the main cable television plant.
","snippet":"Costs that have been capitalized in accordance with paragraph 922-350-25-1 shall be amortized over the same period used to depreciate the main cable television plant.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e936157732873f4c0ff4c7d1695ad4314a8b55d3eb8467f655392ec958198afa","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:22172cac75817fe0f0366f48be65235a0c50d0e2b56a33755bf0ef83de90c12a","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}},{"block":null,"heading":"Recoverability","paragraphs":[{"citation":"350-922-35-3","para":"35-3","html":"
Certain intangible assets are subject to the provisions of Topic 360. Other intangible assets are subject to the provisions of Topic 350. Capitalization of costs shall not cease when the total cost reaches an amount that is not fully recoverable. Capitalization of costs shall continue, and the provision required to reduce capitalized costs to recoverable value shall be increased.
","snippet":"Certain intangible assets are subject to the provisions of Topic 360. Other intangible assets are subject to the provisions of Topic 350. Capitalization of costs shall not cease when the total cost reaches an amount that…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f259c0bcc8e9019e4dd6c9198b39e210e7e737c00f40f8f0097e23bcf635d863","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec059dc19aac5f26a453240477a6235b87e031cafb2c514da24311ccd2cfbb9b","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}},{"block":null,"heading":"Franchise Application Costs","paragraphs":[{"citation":"350-922-35-4","para":"35-4","html":"
Costs of successful franchise applications capitalized under paragraph 922-350-25-3 shall be amortized in accordance with the provisions of Topic 350.
","snippet":"Costs of successful franchise applications capitalized under paragraph 922-350-25-3 shall be amortized in accordance with the provisions of Topic 350.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2c5c1d00cb99e15a46ad75f76fd40bdfd5a188cd7c85c521d35125b48794de9b","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:75fb0ca86981f9200c3c40394a441c3c768b3dd9d37e2ca1928286e00eb9fb36","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:47fee01021da99c828898ae93d2621cde93d03e49d02f57605cd142acb89ce9f","downloaded_from":"2026-09-10T00:04:35.098Z","last_downloaded_at":"2026-09-10T00:04:35.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478971","source_sha256":"89d738d95b984431071bfc8f82c7800ac7b37895aa093cd80cc0fb4e0d4be8d2"}},{"number":"40","label":"40 Derecognition","anchor":"40-derecognition","is_sec":false,"groups":[{"block":null,"heading":"Unsuccessful Franchise Applications and Abandoned Franchises","paragraphs":[{"citation":"350-922-40-1","para":"40-1","html":"
As indicated in paragraph 922-720-25-4, costs of unsuccessful franchise applications and abandoned franchises shall be charged to expense.
","snippet":"As indicated in paragraph 922-720-25-4, costs of unsuccessful franchise applications and abandoned franchises shall be charged to expense.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:81965a7c51b404669b527f2506726b4da15967ec4b5a3ee95edd8924d959c861","downloaded_from":"2026-09-10T00:04:37.790Z","last_downloaded_at":"2026-09-10T00:04:37.790Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477048","source_sha256":"285ad8c04140e4781b12447eff07f98c1fd54472b66c17e7d22f16853d92bafc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e5b9501df64bb2a49a2fde5d198de749123df34005050348996c91893e35ca91","downloaded_from":"2026-09-10T00:04:37.790Z","last_downloaded_at":"2026-09-10T00:04:37.790Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477048","source_sha256":"285ad8c04140e4781b12447eff07f98c1fd54472b66c17e7d22f16853d92bafc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:80b3ca00a6aa3d621aa2eeef7905e765874a7211ffa52ac52c362840e53d67c2","downloaded_from":"2026-09-10T00:04:37.790Z","last_downloaded_at":"2026-09-10T00:04:37.790Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477048","source_sha256":"285ad8c04140e4781b12447eff07f98c1fd54472b66c17e7d22f16853d92bafc"}}],"enrichment":{"summary":"This Subtopic governs intangible-type costs incurred by cable television systems, principally programming and other system costs during the \"prematurity period\" and franchise application costs. During the prematurity period, fixed system costs incurred in anticipation of a fully operating system are split between current operations (expensed) and future operations (capitalized) using the subscriber-based fraction in 922-360-35-3, and amortization is computed using that same fraction. Costs of successful franchise applications are capitalized and amortized under Topic 350, while unsuccessful or abandoned franchise costs are expensed.","key_points":["During the prematurity period, programming and other system costs incurred in anticipation of a fully operating system that do not vary significantly with subscriber count are allocated between current and future operations; the current portion is expensed and the remainder capitalized (350-922-25-1).","The amount expensed currently equals the month's total of such costs multiplied by the fraction described in paragraph 922-360-35-3; covered costs include property taxes, pole/underground duct/antenna site/microwave rental based on a fully operating system, and local origination programming required by the franchise (350-922-25-1).","Prematurity-period amortization expense equals the monthly amortization of total capitalized costs expected at completion of the prematurity period multiplied by the same 922-360-35-3 fraction, using the post-prematurity amortization method (350-922-35-1).","Costs capitalized under paragraph 922-350-25-1 are amortized over the same period used to depreciate the main cable television plant (350-922-35-2).","Capitalization does not stop when total cost exceeds a recoverable amount; capitalization continues and the provision reducing capitalized costs to recoverable value is increased (350-922-35-3).","Costs of successful franchise applications are capitalized (350-922-25-3) and amortized under Topic 350 (350-922-35-4), while costs of unsuccessful applications and abandoned franchises are charged to expense (350-922-40-1, 922-720-25-4).","Interest costs during the prematurity period are capitalized as provided in paragraph 922-835-25-1 (350-922-25-2)."],"categories":["Industry-specific","Recognition","Subsequent measurement","Intangibles and goodwill"],"audience_level":"intermediate","student_note":"This is narrow industry guidance, but it illustrates a rare rule: capitalization continues even when costs exceed recoverable value, with a valuation provision instead. A common misunderstanding is thinking all franchise costs are capitalized — only successful applications qualify; unsuccessful and abandoned ones are expensed.","related_topics":["922-10","922-360","922-720","922-835","350","360"],"key_concepts":["prematurity period","programming costs","franchise application costs","cost allocation fraction","capitalization and amortization","recoverable value provision","cable television plant"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6098c021823f2e4d8fbb162911517f317667dc9d9dce89213568166ac2f990ee","downloaded_from":"2026-09-10T00:04:18.369Z","last_downloaded_at":"2026-09-10T00:04:37.790Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"360-922","title":"Entertainment—Cable Television","topic_title":"Property, Plant, and 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Because the oil and gas accounting framework turns on the level of established reserves rather than on whether an asset is tangible or intangible, the scope exception in 350-10-15-4(b) extends to the disclosure provisions, with disclosure instead governed by Section 932-235-50. Entities may voluntarily provide additional information about drilling and mineral rights but may not analogize this exception to other items in 350-10-15-4.","concepts":["drilling and mineral rights","oil- and gas-producing entities","scope exception","intangible asset disclosures","established reserves","balance sheet classification","prohibition on analogy"],"categories":["Disclosure","Intangibles and goodwill","Industry-specific","Presentation"],"level":"intermediate","topic_title":"Intangibles—Goodwill and Other","sections":[{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-932-05-1","para":"05-1","html":"
This Subtopic addresses an exception for the oil and gas industry to the disclosure rules for intangible assets.
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This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 932-10-15.
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The scope exception in paragraph 350-10-15-4(b) includes the balance sheet classification and disclosures for drilling and mineral rights of oil- and gas-producing entities that are within the scope of this Topic. The accounting framework for oil- and gas-producing entities is based on the level of established reserves—not whether an asset is tangible or intangible. Accordingly, the scope exception extends to its disclosure provisions for drilling and mineral rights of oil- and gas-producing entities. However, an entity is not precluded from providing information about its drilling and mineral rights in addition to the information required by Section 932-235-50.
","snippet":"The scope exception in paragraph 350-10-15-4(b) includes the balance sheet classification and disclosures for drilling and mineral rights of oil- and gas-producing entities that are within the scope of this Topic. The ac…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7a0555e24195ee7444142f6a155ad2179a7e201ff1a355fd46dafc33e6745f42","downloaded_from":"2026-09-10T00:04:44.333Z","last_downloaded_at":"2026-09-10T00:04:44.333Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478981","source_sha256":"6d223576d99627b292193192b7e28263b30d8c1f51e57df62e685eb981c53b53"}},{"citation":"350-932-50-2","para":"50-2","html":"
Entities should not analogize this guidance to other items listed in paragraph 350-10-15-4.
","snippet":"Entities should not analogize this guidance to other items listed in paragraph 350-10-15-4.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:55498133fb0809ed49828ae34d27bcc42e09f6e250ccee9258dc5e71b1b18239","downloaded_from":"2026-09-10T00:04:44.333Z","last_downloaded_at":"2026-09-10T00:04:44.333Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478981","source_sha256":"6d223576d99627b292193192b7e28263b30d8c1f51e57df62e685eb981c53b53"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8b3b7d28e4f38057544e8a9032ae90a469d82df4c6768c991aad8da3c73b6d27","downloaded_from":"2026-09-10T00:04:44.333Z","last_downloaded_at":"2026-09-10T00:04:44.333Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478981","source_sha256":"6d223576d99627b292193192b7e28263b30d8c1f51e57df62e685eb981c53b53"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a125981de4cdb6ce3b8ccf423bd822748e2925acb20ceaf196f9d529d3dfcb25","downloaded_from":"2026-09-10T00:04:44.333Z","last_downloaded_at":"2026-09-10T00:04:44.333Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478981","source_sha256":"6d223576d99627b292193192b7e28263b30d8c1f51e57df62e685eb981c53b53"}}],"enrichment":{"summary":"This Subtopic carves oil- and gas-producing entities out of the general intangible asset balance sheet classification and disclosure rules for their drilling and mineral rights. Because the oil and gas accounting framework turns on the level of established reserves rather than on whether an asset is tangible or intangible, the scope exception in 350-10-15-4(b) extends to the disclosure provisions, with disclosure instead governed by Section 932-235-50. Entities may voluntarily provide additional information about drilling and mineral rights but may not analogize this exception to other items in 350-10-15-4.","key_points":["This Subtopic creates an oil and gas industry exception to the general intangible asset disclosure rules (350-932-05-1).","The scope exception in paragraph 350-10-15-4(b) covers both balance sheet classification and disclosures for drilling and mineral rights of oil- and gas-producing entities within the scope of Topic 932 (350-932-50-1).","The rationale is that the oil and gas accounting framework is based on the level of established reserves, not on whether an asset is tangible or intangible (350-932-50-1).","Required disclosures for these rights come from Section 932-235-50, though an entity is not precluded from providing additional information about its drilling and mineral rights (350-932-50-1).","Entities must not analogize this guidance to the other items listed in paragraph 350-10-15-4 (350-932-50-2).","Scope follows the Overall Subtopic scope in Section 932-10-15 (350-932-15-1)."],"categories":["Disclosure","Intangibles and goodwill","Industry-specific","Presentation"],"audience_level":"intermediate","student_note":"Exam trap: students assume mineral and drilling rights are \"intangible assets\" subject to ASC 350's classification and disclosure rules—for oil and gas producers they are not; look to ASC 932-235-50 instead. 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Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a4aa4f865675924e25ee067b918e9af6a3daa4a595b8cbc96a023ec19aaea097","downloaded_from":"2026-09-10T00:04:47.698Z","last_downloaded_at":"2026-09-10T00:05:10.067Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f262385875082b720b53064c0f9567833ab20147df3743fd154698b89b9c7475","downloaded_from":"2026-09-10T00:04:39.480Z","last_downloaded_at":"2026-09-10T00:04:44.333Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-950","topic":"350","title":"Financial Services—Title Plant","area":"Assets","paragraphs":19,"summary":"ASC 350-950 governs accounting for title plants — the indexed historical records of land ownership, encumbrances, maps, and prior title reports used by title insurers, abstract entities, and title agents. Costs directly identifiable with constructing a title plant (and purchased title plants, recorded at cost/fair value of consideration given) are capitalized, while maintenance and title search costs are expensed as incurred. Capitalized title plant is not amortized or depreciated; it is carried indefinitely unless impaired under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.","concepts":["title plant","backplant","capitalization of construction costs","title plant maintenance","title searches","no amortization","impairment indicators","undivided ownership interest"],"categories":["Recognition","Initial measurement","Subsequent measurement","Impairment"],"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":"350-950-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
ContractAddedAccounting Standards Update No. 2014-0905/28/2014
CustomerAddedAccounting Standards Update No. 2014-0905/28/2014
RevenueAddedAccounting Standards Update No. 2014-0905/28/2014
950-350-40-1AmendedAccounting Standards Update No. 2014-0905/28/2014
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nContract | Added | Accounting Standards Update No. 2014-09 | 05/28/2014 |\nCustomer | Add…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b70c08b08f60c9af7935dbf31fff1a04b2d2cf12b16b23a330f9c285847dab0a","downloaded_from":"2026-09-10T00:04:47.698Z","last_downloaded_at":"2026-09-10T00:04:47.698Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478268","source_sha256":"7f072bd828f8fd18f681ae6c4b34f99eef415a0e24357f3e25efdb91d705e1fc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3cb2aaa429f0bcebdb216cbfc46ff4cd7cfe5dc7dbb42ba64692bd11a5195cd","downloaded_from":"2026-09-10T00:04:47.698Z","last_downloaded_at":"2026-09-10T00:04:47.698Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478268","source_sha256":"7f072bd828f8fd18f681ae6c4b34f99eef415a0e24357f3e25efdb91d705e1fc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:922d9c0fadf62c2da2e382154ae0c60a59617dbce0268f0a8ea45c6eeab9baec","downloaded_from":"2026-09-10T00:04:47.698Z","last_downloaded_at":"2026-09-10T00:04:47.698Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478268","source_sha256":"7f072bd828f8fd18f681ae6c4b34f99eef415a0e24357f3e25efdb91d705e1fc"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-950-05-1","para":"05-1","html":"
This Subtopic addresses the accounting and reporting for title plant and related intangible assets.
","snippet":"This Subtopic addresses the accounting and reporting for title plant and related intangible assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ce233b9d299d22ffb60683278d833b20b7f3db3a16eb27a8a44fa69d1be0bace","downloaded_from":"2026-09-10T00:04:51.049Z","last_downloaded_at":"2026-09-10T00:04:51.049Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478528","source_sha256":"cdebf74d6b13e38a3fc06f68d0b4f5d675c3d2eba768511b42edc6e4ca8f6a11"}},{"citation":"350-950-05-2","para":"05-2","html":"
A title plant consists of all of the following:
  1. a
    Indexed and catalogued information for a period concerning the ownership of, and encumbrances on, parcels of land in a particular geographic area
  2. b
    Information relating to persons having an interest in real estate
  3. c
    Maps and plats
  4. d
    Copies of prior title insurance contracts and reports
  5. e
    Other documents and records.
","snippet":"A title plant consists of all of the following:\n(a) Indexed and catalogued information for a period concerning the ownership of, and encumbrances on, parcels of land in a particular geographic area\n(b) Information relati…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8bc4bdea37d63fcedb4f4aa214891e339de86f8c7956b27a84dde636dcf48f90","downloaded_from":"2026-09-10T00:04:51.049Z","last_downloaded_at":"2026-09-10T00:04:51.049Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478528","source_sha256":"cdebf74d6b13e38a3fc06f68d0b4f5d675c3d2eba768511b42edc6e4ca8f6a11"}},{"citation":"350-950-05-3","para":"05-3","html":"
A title plant constitutes a historical record of all matters affecting title to parcels of land in a particular geographic area. The number of years covered by a title plant varies, depending on regulatory requirements and the minimum information period considered necessary to issue title insurance policies efficiently.
","snippet":"A title plant constitutes a historical record of all matters affecting title to parcels of land in a particular geographic area. The number of years covered by a title plant varies, depending on regulatory requirements a…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0aff9d8a3a5c65c781fb7e27cb00605083b2f2dc6b5741032ccd1f3571f75291","downloaded_from":"2026-09-10T00:04:51.049Z","last_downloaded_at":"2026-09-10T00:04:51.049Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478528","source_sha256":"cdebf74d6b13e38a3fc06f68d0b4f5d675c3d2eba768511b42edc6e4ca8f6a11"}},{"citation":"350-950-05-4","para":"05-4","html":"
An entity may decide to construct or purchase a title plant that antedates the period covered by its existing title plant (backplant).
","snippet":"An entity may decide to construct or purchase a title plant that antedates the period covered by its existing title plant (backplant).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:344c2af850847a88cd169a5487e3c2a3fe966eeef9fc9169dd015f2afc356e56","downloaded_from":"2026-09-10T00:04:51.049Z","last_downloaded_at":"2026-09-10T00:04:51.049Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478528","source_sha256":"cdebf74d6b13e38a3fc06f68d0b4f5d675c3d2eba768511b42edc6e4ca8f6a11"}},{"citation":"350-950-05-5","para":"05-5","html":"
Title plant maintenance involves the updating of the title plant on a daily or other frequent basis by adding both of the following:
  1. a
    Reports on the current status of title to specific parcels of real estate
  2. b
    Other documents, such as records relating to security or other ownership interests.
","snippet":"Title plant maintenance involves the updating of the title plant on a daily or other frequent basis by adding both of the following:\n(a) Reports on the current status of title to specific parcels of real estate\n(b) Other…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ec5ecebcec682cab2333df9fbb631c9e44697547c271bf7f97671e07510a8fc5","downloaded_from":"2026-09-10T00:04:51.049Z","last_downloaded_at":"2026-09-10T00:04:51.049Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478528","source_sha256":"cdebf74d6b13e38a3fc06f68d0b4f5d675c3d2eba768511b42edc6e4ca8f6a11"}},{"citation":"350-950-05-6","para":"05-6","html":"
Title searches involve the process of searching through records for all recorded documents or updating information summarized in the most recently issued title report.
","snippet":"Title searches involve the process of searching through records for all recorded documents or updating information summarized in the most recently issued title report.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ab135ba663b7a9af43f6b92ab0d105b079977e2550299268c9e6e4852393ef42","downloaded_from":"2026-09-10T00:04:51.049Z","last_downloaded_at":"2026-09-10T00:04:51.049Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478528","source_sha256":"cdebf74d6b13e38a3fc06f68d0b4f5d675c3d2eba768511b42edc6e4ca8f6a11"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:64bc4752dac91a8386a48c8e0b851544a2ba8bc93cbbd0fbdf25f034a1cfca8d","downloaded_from":"2026-09-10T00:04:51.049Z","last_downloaded_at":"2026-09-10T00:04:51.049Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478528","source_sha256":"cdebf74d6b13e38a3fc06f68d0b4f5d675c3d2eba768511b42edc6e4ca8f6a11"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4068d2ff86216f10678a602d3c0e0f53b9a81f888fe53d989752295a5dd02612","downloaded_from":"2026-09-10T00:04:51.049Z","last_downloaded_at":"2026-09-10T00:04:51.049Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478528","source_sha256":"cdebf74d6b13e38a3fc06f68d0b4f5d675c3d2eba768511b42edc6e4ca8f6a11"}},{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Entities","paragraphs":[{"citation":"350-950-15-1","para":"15-1","html":"
The guidance in this Subtopic applies to all entities that use a title plant in their operations. Those entities include, but are not limited to:
  1. a
    Title insurance entities (underwriters)
  2. b
    Title abstract entities
  3. c
    Title agents.
","snippet":"The guidance in this Subtopic applies to all entities that use a title plant in their operations. Those entities include, but are not limited to:\n(a) Title insurance entities (underwriters)\n(b) Title abstract entities\n(c…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a4c49f23e35c7c3898e3a17191c6d95bc7fa5779a9a711a3670d0b4d9753548b","downloaded_from":"2026-09-10T00:04:54.962Z","last_downloaded_at":"2026-09-10T00:04:54.962Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477761","source_sha256":"63ea2602f2a3cabc7eb263f5ca39832822415b616abada86ec74e3c570fdc5d8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:477dfc9f37a0e94f4e886fac5fb73e80bce6cdcf4ddc3209a4b4e0f98a9e35fe","downloaded_from":"2026-09-10T00:04:54.962Z","last_downloaded_at":"2026-09-10T00:04:54.962Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477761","source_sha256":"63ea2602f2a3cabc7eb263f5ca39832822415b616abada86ec74e3c570fdc5d8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e69c5181df12ae7e9ecbf9b54063737a7ab6b0f058218b1c590b5d71eb10ee5a","downloaded_from":"2026-09-10T00:04:54.962Z","last_downloaded_at":"2026-09-10T00:04:54.962Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477761","source_sha256":"63ea2602f2a3cabc7eb263f5ca39832822415b616abada86ec74e3c570fdc5d8"}},{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":"Title Plant","paragraphs":[{"citation":"350-950-25-1","para":"25-1","html":"
Costs incurred to construct a title plant shall be capitalized. To qualify for capitalization, costs need to be directly related to, and properly identified with, the activities necessary to construct the title plant.
","snippet":"Costs incurred to construct a title plant shall be capitalized. To qualify for capitalization, costs need to be directly related to, and properly identified with, the activities necessary to construct the title plant.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2f105f6884e3565c1d1a9084a7077233a53ad6b5787767ad0023da0e7f636e38","downloaded_from":"2026-09-10T00:05:01.119Z","last_downloaded_at":"2026-09-10T00:05:01.119Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477994","source_sha256":"baedc08437ad31b18f3997231319a94df7814c9be4b9a438db8e393f92e2731d"}},{"citation":"350-950-25-2","para":"25-2","html":"
A purchased title plant, including a purchased undivided interest in a title plant, shall be recorded at the date of acquisition. Costs to construct a backplant need to be identifiable to qualify for capitalization. Costs incurred to maintain a title plant and to do title searches shall be expensed as incurred.
","snippet":"A purchased title plant, including a purchased undivided interest in a title plant, shall be recorded at the date of acquisition. Costs to construct a backplant need to be identifiable to qualify for capitalization. Cost…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9861dc6810885cb7416db7893609a6a32787eebd4d9d50bcc798e1dcf8971382","downloaded_from":"2026-09-10T00:05:01.119Z","last_downloaded_at":"2026-09-10T00:05:01.119Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477994","source_sha256":"baedc08437ad31b18f3997231319a94df7814c9be4b9a438db8e393f92e2731d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:551d62747f03df111191a1c5013ad948bd8f219f958fe5a787023bf4996c5e67","downloaded_from":"2026-09-10T00:05:01.119Z","last_downloaded_at":"2026-09-10T00:05:01.119Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477994","source_sha256":"baedc08437ad31b18f3997231319a94df7814c9be4b9a438db8e393f92e2731d"}},{"block":null,"heading":"Storage and Retrieval","paragraphs":[{"citation":"350-950-25-3","para":"25-3","html":"
The following costs incurred after a title plant is operational shall not be capitalized as title plant:
  1. a
    Costs to convert the information from one storage and retrieval system to another
  2. b
    Costs to modify or modernize the storage and retrieval system.
","snippet":"The following costs incurred after a title plant is operational shall not be capitalized as title plant:\n(a) Costs to convert the information from one storage and retrieval system to another\n(b) Costs to modify or modern…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7d56b7fd15d5c9c439aa279eb332e04e69706da5f762d317f215f9c066d0f3fb","downloaded_from":"2026-09-10T00:05:01.119Z","last_downloaded_at":"2026-09-10T00:05:01.119Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477994","source_sha256":"baedc08437ad31b18f3997231319a94df7814c9be4b9a438db8e393f92e2731d"}},{"citation":"350-950-25-4","para":"25-4","html":"
Those costs, however, may be capitalized separately.
","snippet":"Those costs, however, may be capitalized separately.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8a5e9c7ba6b2904467e4bf156f89409c0b518733537a658d2366714bc9ffa125","downloaded_from":"2026-09-10T00:05:01.119Z","last_downloaded_at":"2026-09-10T00:05:01.119Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477994","source_sha256":"baedc08437ad31b18f3997231319a94df7814c9be4b9a438db8e393f92e2731d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0af3816d566168596efc000b8caf304ef41d77560dd52c7cc817c116f24acd24","downloaded_from":"2026-09-10T00:05:01.119Z","last_downloaded_at":"2026-09-10T00:05:01.119Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477994","source_sha256":"baedc08437ad31b18f3997231319a94df7814c9be4b9a438db8e393f92e2731d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:26d6714aed38ed2553925cbb4d6b9c9eac273d7ccd6d99bbfdf546ef493317c1","downloaded_from":"2026-09-10T00:05:01.119Z","last_downloaded_at":"2026-09-10T00:05:01.119Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477994","source_sha256":"baedc08437ad31b18f3997231319a94df7814c9be4b9a438db8e393f92e2731d"}},{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-950-30-1","para":"30-1","html":"
Title plant costs to be capitalized include the costs incurred to obtain, organize, and summarize historical information in an efficient and useful manner until the title plant can be used by the entity to do title searches.
","snippet":"Title plant costs to be capitalized include the costs incurred to obtain, organize, and summarize historical information in an efficient and useful manner until the title plant can be used by the entity to do title searc…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3d92a85a8dc5bdc658662b857d01ce596c5421c85d1b6bce07c0ec2f42c6fb2b","downloaded_from":"2026-09-10T00:05:04.529Z","last_downloaded_at":"2026-09-10T00:05:04.529Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478146","source_sha256":"18b781a3e254969f0c0d78012515347e200ff4e280bcb4287b919e8451801b16"}},{"citation":"350-950-30-2","para":"30-2","html":"
A purchased title plant, including a purchased undivided interest in title plant, shall be recorded at cost. For a title plant acquired separately, cost shall be measured by the fair value of the consideration given.
","snippet":"A purchased title plant, including a purchased undivided interest in title plant, shall be recorded at cost. For a title plant acquired separately, cost shall be measured by the fair value of the consideration given.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a7abb1c5d0c27aa047cd81c877c655bcb791f89cf445186ee877fc7946e5d95f","downloaded_from":"2026-09-10T00:05:04.529Z","last_downloaded_at":"2026-09-10T00:05:04.529Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478146","source_sha256":"18b781a3e254969f0c0d78012515347e200ff4e280bcb4287b919e8451801b16"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4abf5d3295db118b80fd3514afd1ae6b6ab0e6fcf2d3f110a7c4ecc90efde866","downloaded_from":"2026-09-10T00:05:04.529Z","last_downloaded_at":"2026-09-10T00:05:04.529Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478146","source_sha256":"18b781a3e254969f0c0d78012515347e200ff4e280bcb4287b919e8451801b16"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2d152926c54aaf66bd909010ca6d4315a1143e0fa3ee13dcfd62b667a477c160","downloaded_from":"2026-09-10T00:05:04.529Z","last_downloaded_at":"2026-09-10T00:05:04.529Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478146","source_sha256":"18b781a3e254969f0c0d78012515347e200ff4e280bcb4287b919e8451801b16"}},{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":"Title Plant","paragraphs":[{"citation":"350-950-35-1","para":"35-1","html":"
Capitalized costs of a title plant shall not be depreciated or charged to income unless circumstances indicate that the carrying amount of the title plant has been impaired.
","snippet":"Capitalized costs of a title plant shall not be depreciated or charged to income unless circumstances indicate that the carrying amount of the title plant has been impaired.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5554a06d2f7085d906ff266d800d65079743c03fbc8349d33130040f2b8142cf","downloaded_from":"2026-09-10T00:05:08.281Z","last_downloaded_at":"2026-09-10T00:05:08.281Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477971","source_sha256":"a575b882f9efadb54ace65791b5ecef02ec4638609c3a374df10c80d5d99b866"}},{"citation":"350-950-35-2","para":"35-2","html":"
The following circumstances may indicate that the carrying amount of title plant has been impaired:
  1. a
    Changes in legal requirements or statutory practices
  2. b
    Effects of obsolescence, demand, and other economic factors
  3. c
    Actions of competitors and others that may affect competitive advantages
  4. d
    Failure to maintain the title plant properly on a current basis
  5. e
    Abandonment of the title plant or other circumstances that indicate obsolescence.
","snippet":"The following circumstances may indicate that the carrying amount of title plant has been impaired:\n(a) Changes in legal requirements or statutory practices\n(b) Effects of obsolescence, demand, and other economic factors…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:13e73601b5cfbcb66b91280c69ff185e147c13a157244c5164e516e842bdf547","downloaded_from":"2026-09-10T00:05:08.281Z","last_downloaded_at":"2026-09-10T00:05:08.281Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477971","source_sha256":"a575b882f9efadb54ace65791b5ecef02ec4638609c3a374df10c80d5d99b866"}},{"citation":"350-950-35-3","para":"35-3","html":"
Those events or changes in circumstances, in addition to the examples in paragraph 360-10-35-21, indicate that the carrying amount of the capitalized costs may not be recoverable. Accordingly, the provisions of the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10 apply.
","snippet":"Those events or changes in circumstances, in addition to the examples in paragraph 360-10-35-21, indicate that the carrying amount of the capitalized costs may not be recoverable. Accordingly, the provisions of the Impai…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:975c6b93ef7adca467b9758ed7d06c94d876137af022967a1022ba6978b8688b","downloaded_from":"2026-09-10T00:05:08.281Z","last_downloaded_at":"2026-09-10T00:05:08.281Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477971","source_sha256":"a575b882f9efadb54ace65791b5ecef02ec4638609c3a374df10c80d5d99b866"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:77825e3acc1249147220c682303a2cf76f93158cbdc16b351da79c812091c743","downloaded_from":"2026-09-10T00:05:08.281Z","last_downloaded_at":"2026-09-10T00:05:08.281Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477971","source_sha256":"a575b882f9efadb54ace65791b5ecef02ec4638609c3a374df10c80d5d99b866"}},{"block":null,"heading":"Storage and Retrieval","paragraphs":[{"citation":"350-950-35-4","para":"35-4","html":"
Capitalized storage and retrieval costs (addressed in paragraph 950-350-25-3) incurred after a title plant is operational shall be charged to expense in a systematic and rational manner.
","snippet":"Capitalized storage and retrieval costs (addressed in paragraph 950-350-25-3) incurred after a title plant is operational shall be charged to expense in a systematic and rational manner.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bc66385ae6265029fec5484d77726826daea65b5f77fcb33b775a973c2dbe7b8","downloaded_from":"2026-09-10T00:05:08.281Z","last_downloaded_at":"2026-09-10T00:05:08.281Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477971","source_sha256":"a575b882f9efadb54ace65791b5ecef02ec4638609c3a374df10c80d5d99b866"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7d542c3a0b2c6ce45eb771dc5a5e11c7139c2eb9a0e79e212cafb135adc2337d","downloaded_from":"2026-09-10T00:05:08.281Z","last_downloaded_at":"2026-09-10T00:05:08.281Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477971","source_sha256":"a575b882f9efadb54ace65791b5ecef02ec4638609c3a374df10c80d5d99b866"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d80689d17ff0dc966b4a1fb5b491b8ea2c6714f7ea30d0a355987751b4fbf1ba","downloaded_from":"2026-09-10T00:05:08.281Z","last_downloaded_at":"2026-09-10T00:05:08.281Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477971","source_sha256":"a575b882f9efadb54ace65791b5ecef02ec4638609c3a374df10c80d5d99b866"}},{"number":"40","label":"40 Derecognition","anchor":"40-derecognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-950-40-1","para":"40-1","html":"
The sale of a title plant shall be reported separately as follows:
  1. a
    If an entity sells its title plant and relinquishes all rights to its future use, the reported gain or loss shall be recognized at the amount to which the entity is entitled in accordance with Subtopic 610-20 on the gains and losses from the derecognition of nonfinancial assets net of the adjusted cost of the title plant.
  2. b
    If an entity sells an undivided ownership interest in its title plant (that is, the right to its joint use), the reported gain or loss shall be the amount received net of a pro rata portion of the adjusted cost of the title plant.
  3. c
    If an entity sells a copy of its title plant or the right to use it, the recognized revenue, if in a contract with a customer, shall be accounted for in accordance with Topic 606 on revenue from contracts with customers. If the contract is not with a customer, the gain or loss shall be accounted for in accordance Subtopic 610-20. Ordinarily, no cost shall be allocated to the sale of a copy of or the right to use a title plant unless the value of the title plant decreases below its adjusted cost as a result of the sale (see paragraph 950-350-35-1).
","snippet":"The sale of a title plant shall be reported separately as follows:\n(a) If an entity sells its title plant and relinquishes all rights to its future use, the reported gain or loss shall be recognized at the amount to whic…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c0240f23e1b3de73b36dce7f5f35152d9eb4ab55b43f94d45f23931b00356cb0","downloaded_from":"2026-09-10T00:05:10.067Z","last_downloaded_at":"2026-09-10T00:05:10.067Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477859","source_sha256":"50e0635b0fa612e61189dbc9ba016c184bcf4f8ed4cf105189c8b266d8bc9f83"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:95a79e410638b33ccb9c603a22e8304087f6b0caed072b93ffd512d863271b1c","downloaded_from":"2026-09-10T00:05:10.067Z","last_downloaded_at":"2026-09-10T00:05:10.067Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477859","source_sha256":"50e0635b0fa612e61189dbc9ba016c184bcf4f8ed4cf105189c8b266d8bc9f83"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:33653b616f75230849337ca4107612382d90a6732fd7154f3b951120769f202c","downloaded_from":"2026-09-10T00:05:10.067Z","last_downloaded_at":"2026-09-10T00:05:10.067Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477859","source_sha256":"50e0635b0fa612e61189dbc9ba016c184bcf4f8ed4cf105189c8b266d8bc9f83"}}],"enrichment":{"summary":"ASC 350-950 governs accounting for title plants — the indexed historical records of land ownership, encumbrances, maps, and prior title reports used by title insurers, abstract entities, and title agents. Costs directly identifiable with constructing a title plant (and purchased title plants, recorded at cost/fair value of consideration given) are capitalized, while maintenance and title search costs are expensed as incurred. Capitalized title plant is not amortized or depreciated; it is carried indefinitely unless impaired under the Impairment or Disposal of Long-Lived Assets Subsections of Subtopic 360-10.","key_points":["Costs incurred to construct a title plant are capitalized only if directly related to, and properly identified with, the construction activities (350-950-25-1); capitalizable costs are those to obtain, organize, and summarize historical information until the plant can be used for title searches (350-950-30-1).","A purchased title plant, including a purchased undivided interest, is recorded at cost at the date of acquisition, measured for a separate acquisition by the fair value of the consideration given (350-950-25-2; 350-950-30-2).","Costs to maintain a title plant (daily updating) and to perform title searches are expensed as incurred (350-950-25-2); backplant construction costs must be identifiable to be capitalized (350-950-25-2).","Costs incurred after the title plant is operational to convert information between storage and retrieval systems or to modify/modernize the system are not capitalized as title plant (350-950-25-3), but may be capitalized separately (350-950-25-4) and then charged to expense in a systematic and rational manner (350-950-35-4).","Capitalized title plant costs are not depreciated or charged to income unless circumstances indicate impairment (350-950-35-1); indicators include changes in legal requirements, obsolescence, competitor actions, failure to maintain the plant currently, and abandonment (350-950-35-2), with Subtopic 360-10 impairment provisions applying (350-950-35-3).","On sale with relinquishment of all rights to future use, gain or loss equals the amount to which the entity is entitled under Subtopic 610-20 net of the adjusted cost of the title plant (350-950-40-1(a)); sale of an undivided interest yields gain or loss of the amount received net of a pro rata portion of adjusted cost (350-950-40-1(b)).","Sale of a copy of the title plant or the right to use it is revenue under Topic 606 if with a customer (otherwise Subtopic 610-20), and ordinarily no cost is allocated unless the plant's value falls below its adjusted cost as a result of the sale (350-950-40-1(c))."],"categories":["Recognition","Initial measurement","Subsequent measurement","Impairment"],"audience_level":"intermediate","student_note":"Title plant is the classic example of a capitalized asset that is never amortized — the common mistake is assuming an intangible with a long life must be amortized; here the only write-down comes through ASC 360-10 impairment. Also distinguish construction costs (capitalize) from maintenance and title search costs (expense), and from post-operational storage/retrieval system costs (capitalize separately and expense systematically).","related_topics":["360-10","610-20","606","350-30","944"],"key_concepts":["title plant","backplant","capitalization of construction costs","title plant maintenance","title searches","no amortization","impairment indicators","undivided ownership interest"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bcdef0260694a19f220b2b8d06500b2e33150e5ff6f359a2eb55f6b95ed9a2c4","downloaded_from":"2026-09-10T00:04:47.698Z","last_downloaded_at":"2026-09-10T00:05:10.067Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"340-970","title":"Real Estate—General","topic_title":"Other Assets and Deferred Costs","score":0.6725,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:219ba658666ab94f39433e4b9a1de47aad26053ddeb5f106872e3fe4bc93cb80","downloaded_from":"2026-09-09T23:58:59.193Z","last_downloaded_at":"2026-09-09T23:59:17.895Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"360-905","title":"Agriculture","topic_title":"Property, Plant, and Equipment","score":0.6695,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:04b74df9ed54e9110255cc0c279f2c5db5a7c9c61c476d456996fff6e71f72ee","downloaded_from":"2026-09-10T00:07:07.550Z","last_downloaded_at":"2026-09-10T00:07:25.862Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"835-20","title":"Capitalization of Interest","topic_title":"Interest","score":0.6628,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fe3a00da9c754237ad789b1ab721d92961fe59f14a209bc3788cbfd4305a85a5","downloaded_from":"2026-09-10T01:48:54.719Z","last_downloaded_at":"2026-09-10T01:49:28.506Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"360-932","title":"Extractive Activities—Oil and Gas","topic_title":"Property, Plant, and Equipment","score":0.6622,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b173d518b3f3abf4ef95491f217c14ef38ef08308f06db00b0c62fd9d6a981ce","downloaded_from":"2026-09-10T00:08:46.669Z","last_downloaded_at":"2026-09-10T00:09:33.153Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"360-10","title":"Overall","topic_title":"Property, Plant, and Equipment","score":0.6599,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c7a736861f136a26c2e308f6a16d3141e3d526ab4560332c1ef93df8f5e07d99","downloaded_from":"2026-09-10T00:05:35.818Z","last_downloaded_at":"2026-09-10T00:06:33.252Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"360-970","title":"Real Estate—General","topic_title":"Property, Plant, and Equipment","score":0.6567,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eb5839156800c1eb3db52ddf2b5a17dc7462a84064b561ecf4af04d9ea5f423b","downloaded_from":"2026-09-10T00:11:50.248Z","last_downloaded_at":"2026-09-10T00:12:34.852Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"350-932","title":"Extractive Activities—Oil and Gas","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:41eea806cb2982d5d0024b79a0f379129e3b5fe3279e3a53acaa790be65ae194","downloaded_from":"2026-09-10T00:04:39.480Z","last_downloaded_at":"2026-09-10T00:04:44.333Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"350-980","title":"Regulated Operations","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:887c97c895b0b29ddb65865ac9235182156e0a66b871ebc5ccc381d2daf1eb41","downloaded_from":"2026-09-10T00:05:12.805Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ea42a7a60762459c4ec77797279465b57701837e581d5b4d55096df3918a947c","downloaded_from":"2026-09-10T00:04:47.698Z","last_downloaded_at":"2026-09-10T00:05:10.067Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-980","topic":"350","title":"Regulated Operations","area":"Assets","paragraphs":7,"summary":"This subtopic applies Topic 350's goodwill and intangibles guidance to entities with regulated operations. Its core rule is that goodwill is not amortized and is tested for impairment under Topic 350 unless a regulator permits amortization of goodwill as an allowable cost for rate-making purposes, in which case the regulator's action provides reasonable assurance of a regulatory asset that is amortized over the period allowed for rate-making. It also addresses long-term power sales contracts acquired in a business combination and the need to review such contracts for loss-contract status.","concepts":["goodwill","regulatory asset","allowable cost for rate-making","goodwill amortization","long-term power sales contract","loss contract","acquired contract premium","regulated operations"],"categories":["Subsequent measurement","Intangibles and goodwill","Industry-specific","Impairment"],"level":"intermediate","topic_title":"Intangibles—Goodwill and Other","sections":[{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"350-980-05-1","para":"05-1","html":"
This Subtopic provides guidance for goodwill and other intangible assets for entities with regulated operations.
","snippet":"This Subtopic provides guidance for goodwill and other intangible assets for entities with regulated operations.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a556b3859f3b2efb81cf8009f943a5f1a76551142629a91248b08508bcaca545","downloaded_from":"2026-09-10T00:05:12.805Z","last_downloaded_at":"2026-09-10T00:05:12.805Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477877","source_sha256":"234fd7707b2ccfa0594cffbe513af92e7c918fc6860ac32453034972ae61633f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:59429607b11926d1d56ec919c2f6e4cfcb47f2a2c37c004f29dfba42c7007529","downloaded_from":"2026-09-10T00:05:12.805Z","last_downloaded_at":"2026-09-10T00:05:12.805Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477877","source_sha256":"234fd7707b2ccfa0594cffbe513af92e7c918fc6860ac32453034972ae61633f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:75632dfc0fcea4ddc3aa351d61786fb5c5cd9bc8376420dd4ed1dbea6a402f4a","downloaded_from":"2026-09-10T00:05:12.805Z","last_downloaded_at":"2026-09-10T00:05:12.805Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477877","source_sha256":"234fd7707b2ccfa0594cffbe513af92e7c918fc6860ac32453034972ae61633f"}},{"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":"350-980-15-1","para":"15-1","html":"
This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 980-10-15.
","snippet":"This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 980-10-15.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a717d9145b4b3bc6a4920b16bba39b305ca16384a33407ec41bc42ebe1eec646","downloaded_from":"2026-09-10T00:05:15.370Z","last_downloaded_at":"2026-09-10T00:05:15.370Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478086","source_sha256":"485327a3a117839dae4c3ed3fb660bb0d99c3a22e5d56368f35c4e4e624833bc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:911979b550d06d90a7e0f9f26f3d6f78acfe2e86b26ddd7adc8cbc226f66913f","downloaded_from":"2026-09-10T00:05:15.370Z","last_downloaded_at":"2026-09-10T00:05:15.370Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478086","source_sha256":"485327a3a117839dae4c3ed3fb660bb0d99c3a22e5d56368f35c4e4e624833bc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7c386f1874723a65ef7fde47f687eac20e28f07ef94507796a743216acec189a","downloaded_from":"2026-09-10T00:05:15.370Z","last_downloaded_at":"2026-09-10T00:05:15.370Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478086","source_sha256":"485327a3a117839dae4c3ed3fb660bb0d99c3a22e5d56368f35c4e4e624833bc"}},{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":"Amortization of Goodwill","paragraphs":[{"citation":"350-980-35-1","para":"35-1","html":"
Topic 350 states that goodwill shall not be amortized and shall be tested for impairment in accordance with that Subtopic. For rate-making purposes, a regulator may permit an entity to amortize purchased goodwill over a specified period. In other cases, a regulator may direct an entity not to amortize goodwill or to write off goodwill.
","snippet":"Topic 350 states that goodwill shall not be amortized and shall be tested for impairment in accordance with that Subtopic. For rate-making purposes, a regulator may permit an entity to amortize purchased goodwill over a …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6903dd96f1bfcf83575049ecd980ee46702f22d8d7c3cdbd65b560263a3c6481","downloaded_from":"2026-09-10T00:05:19.146Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478966","source_sha256":"50b2534e9d81fdd3487c23c1d8c098f2535d5613af58b1ea6aa085905e7aad9c"}},{"citation":"350-980-35-2","para":"35-2","html":"
If the regulator permits all or a portion of goodwill to be amortized over a specific time period as an allowable cost for rate-making purposes, the regulator's action provides reasonable assurance of the existence of a regulatory asset (see paragraph 980-340-25-1). That regulatory asset would then be amortized for financial reporting purposes over the period during which it will be allowed for rate-making purposes. Otherwise, goodwill shall not be amortized and shall be accounted for in accordance with Topic 350.
","snippet":"If the regulator permits all or a portion of goodwill to be amortized over a specific time period as an allowable cost for rate-making purposes, the regulator's action provides reasonable assurance of the existence of a …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7aad731d72c93e51cbf229be64cbdf0058e3376f5ce89fa5e8b2513beeeded73","downloaded_from":"2026-09-10T00:05:19.146Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478966","source_sha256":"50b2534e9d81fdd3487c23c1d8c098f2535d5613af58b1ea6aa085905e7aad9c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7264ad2db714ee49fd3c348576381e83f833edf99386404c42fa73d280ea83ea","downloaded_from":"2026-09-10T00:05:19.146Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478966","source_sha256":"50b2534e9d81fdd3487c23c1d8c098f2535d5613af58b1ea6aa085905e7aad9c"}},{"block":null,"heading":"Long-Term Power Sales Contracts","paragraphs":[{"citation":"350-980-35-3","para":"35-3","html":"
A long-term power sales contract that is not accounted for as a derivative instrument under Topic 815 shall be periodically reviewed to determine whether it is a loss contract in which the loss shall be recognized immediately.
","snippet":"A long-term power sales contract that is not accounted for as a derivative instrument under Topic 815 shall be periodically reviewed to determine whether it is a loss contract in which the loss shall be recognized immedi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:62d75681251774e0edaaae7f520268d71ff2d3c213b709790e89aa4d9c3710d0","downloaded_from":"2026-09-10T00:05:19.146Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478966","source_sha256":"50b2534e9d81fdd3487c23c1d8c098f2535d5613af58b1ea6aa085905e7aad9c"}},{"citation":"350-980-35-4","para":"35-4","html":"
For long-term power sales contracts acquired in a purchase business combination, any premium related to a contractual rate in excess of the current market rate should be amortized over the remaining portion of the respective portion of the contract. For example, if the above market rate relates to the fixed or scheduled portion of the contract, the premium would be amortized over the remaining fixed period of the acquired contract.
","snippet":"For long-term power sales contracts acquired in a purchase business combination, any premium related to a contractual rate in excess of the current market rate should be amortized over the remaining portion of the respec…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:006566ba4d6402f65818d4a780d27da2da561a0267bde8a7b9ba7997d975da57","downloaded_from":"2026-09-10T00:05:19.146Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478966","source_sha256":"50b2534e9d81fdd3487c23c1d8c098f2535d5613af58b1ea6aa085905e7aad9c"}},{"citation":"350-980-35-5","para":"35-5","html":"
See paragraph 980-605-25-15 for a discussion of a long-term power sales contract that meets the definition of a derivative.
","snippet":"See paragraph 980-605-25-15 for a discussion of a long-term power sales contract that meets the definition of a derivative.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3532d118bdaa81024334afe9caef677cc1624c571eb02dbd4834c7380ebd7fc8","downloaded_from":"2026-09-10T00:05:19.146Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478966","source_sha256":"50b2534e9d81fdd3487c23c1d8c098f2535d5613af58b1ea6aa085905e7aad9c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3eb2daae4982294c2aea05b466ea6281a2818c93084fc1dbb3affd7a2bafc486","downloaded_from":"2026-09-10T00:05:19.146Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478966","source_sha256":"50b2534e9d81fdd3487c23c1d8c098f2535d5613af58b1ea6aa085905e7aad9c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:da6bae9af7abbe99cb1b405776ed35f22699ecd5b80226e89afc79fb71214f3c","downloaded_from":"2026-09-10T00:05:19.146Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478966","source_sha256":"50b2534e9d81fdd3487c23c1d8c098f2535d5613af58b1ea6aa085905e7aad9c"}}],"enrichment":{"summary":"This subtopic applies Topic 350's goodwill and intangibles guidance to entities with regulated operations. Its core rule is that goodwill is not amortized and is tested for impairment under Topic 350 unless a regulator permits amortization of goodwill as an allowable cost for rate-making purposes, in which case the regulator's action provides reasonable assurance of a regulatory asset that is amortized over the period allowed for rate-making. It also addresses long-term power sales contracts acquired in a business combination and the need to review such contracts for loss-contract status.","key_points":["Goodwill generally shall not be amortized and shall be tested for impairment in accordance with Topic 350, even for entities with regulated operations (350-980-35-1).","A regulator may permit amortization of purchased goodwill over a specified period, direct that goodwill not be amortized, or direct a write-off of goodwill for rate-making purposes (350-980-35-1).","If the regulator permits all or part of goodwill to be amortized as an allowable cost for rate-making, that action provides reasonable assurance of a regulatory asset (see 980-340-25-1), which is then amortized for financial reporting over the period allowed for rate-making (350-980-35-2).","Absent such regulatory action, goodwill is not amortized and is accounted for under Topic 350 (350-980-35-2).","A long-term power sales contract not accounted for as a derivative under Topic 815 must be periodically reviewed to determine whether it is a loss contract requiring immediate loss recognition (350-980-35-3).","For long-term power sales contracts acquired in a purchase business combination, a premium for a contractual rate in excess of the current market rate is amortized over the remaining portion of the respective portion of the contract (for example, over the remaining fixed or scheduled period) (350-980-35-4).","The scope follows Section 980-10-15, and paragraph 980-605-25-15 addresses power sales contracts meeting the definition of a derivative (350-980-15-1; 350-980-35-5)."],"categories":["Subsequent measurement","Intangibles and goodwill","Industry-specific","Impairment"],"audience_level":"intermediate","student_note":"The key insight is that rate regulation does not create an exception to the no-amortization rule for goodwill itself; instead, the regulator's allowance converts the recoverable amount into a regulatory asset that is amortized. Students often mistakenly say regulated entities may simply amortize goodwill.","related_topics":["350-20","980-10","980-340","980-605","815","805"],"key_concepts":["goodwill","regulatory asset","allowable cost for rate-making","goodwill amortization","long-term power sales contract","loss contract","acquired contract premium","regulated operations"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e38826702d5465d37a69727de505209c46c2479b1cd93dd116bcfa2d41f6949f","downloaded_from":"2026-09-10T00:05:12.805Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"815-980","title":"Regulated Operations","topic_title":"Derivatives and Hedging","score":0.7412,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b59a7569405316992746ec6e36e79b8d7b30f4c460e060e208a50e401a36a743","downloaded_from":"2026-09-10T01:41:23.271Z","last_downloaded_at":"2026-09-10T01:41:34.252Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"980-10","title":"Overall","topic_title":"Regulated Operations","score":0.7319,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aa2057e5ada68fe8598b51dc817f13a6df7a84ac7b4252b080b07be37bd81ab2","downloaded_from":"2026-09-10T02:27:16.483Z","last_downloaded_at":"2026-09-10T02:27:45.235Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-20","title":"Goodwill","topic_title":"Intangibles—Goodwill and Other","score":0.7289,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7a38511a1dca841f20591e7d0cffd9a13a6a5e5454ddde5f7ec73c40347529fb","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":"350-10","title":"Overall","topic_title":"Intangibles—Goodwill and Other","score":0.721,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8ead5e2f8702c04abd3443dc2e62c6ab12eed9bef89ee97f7482f39f28588baf","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:00:36.319Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"470-980","title":"Regulated Operations","topic_title":"Debt","score":0.7143,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ff24f7973776fb35efa3d516855eba286cd72fc30ef75c5d0fa7a1cb4a99b687","downloaded_from":"2026-09-10T00:35:14.586Z","last_downloaded_at":"2026-09-10T00:35:24.744Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"980-20","title":"Discontinuation of Rate-Regulated Accounting","topic_title":"Regulated Operations","score":0.6914,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3db5c1bdd018b3cc4b4e6b2018427a9474d864ead718f7b53fb696706690dc30","downloaded_from":"2026-09-10T02:27:47.191Z","last_downloaded_at":"2026-09-10T02:28:14.273Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"350-950","title":"Financial Services—Title Plant","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a4aa4f865675924e25ee067b918e9af6a3daa4a595b8cbc96a023ec19aaea097","downloaded_from":"2026-09-10T00:04:47.698Z","last_downloaded_at":"2026-09-10T00:05:10.067Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"350-985","title":"Software","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4ba1e5a49524bb704c41df9964d96eea376be26def9e5fdc55a4824f663d265e","downloaded_from":"2026-09-10T00:05:21.279Z","last_downloaded_at":"2026-09-10T00:05:31.733Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e7f84647e0618e6d3f659e2993ae6f82cfd1a4eec2fc768e184c7e0a8cf955e8","downloaded_from":"2026-09-10T00:05:12.805Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-985","topic":"350","title":"Software","area":"Assets","paragraphs":3,"summary":"ASC 350-985 is a link-only subtopic: it contains no substantive rules of its own but points readers to Subtopic 985-20 for the capitalization of computer software costs as intangible assets. Specifically, it directs users to 985-20-25-3 (costs of producing product masters incurred after technological feasibility is established) and 985-20-25-10 (purchased software having an alternative future use).","concepts":["computer software costs","capitalized software as intangible asset","product masters","technological feasibility","purchased software","alternative future use","link-only subtopic"],"categories":["Recognition","Intangibles and goodwill","Industry-specific"],"level":"introductory","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":"350-985-00-1","para":"00-1","html":"
No updates have been made to this Subtopic.
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This Subtopic only provides a link to guidance on costs of computer software that are capitalized as intangible assets.
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Paragraph 985-20-25-3 addresses capitalizing costs of producing product masters incurred after establishing technological feasibility. Paragraph 985-20-25-10 addresses capitalizing the costs of purchased software that has an alternative future use.
","snippet":"Paragraph 985-20-25-3 addresses capitalizing costs of producing product masters incurred after establishing technological feasibility. Paragraph 985-20-25-10 addresses capitalizing the costs of purchased software that ha…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3ecbdc9c94de2bca919cd13f554e8da1274ddcf547c388aff90731b8571c0680","downloaded_from":"2026-09-10T00:05:31.733Z","last_downloaded_at":"2026-09-10T00:05:31.733Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477356","source_sha256":"d245c8011a1bc6d8970a0e4e9ee791fe90284a373d73b0044bfd80da72434f17"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21dfc8e525d2fdfa1000ca1c154b4e04417754560ccb76a6e0f42b7849988d20","downloaded_from":"2026-09-10T00:05:31.733Z","last_downloaded_at":"2026-09-10T00:05:31.733Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477356","source_sha256":"d245c8011a1bc6d8970a0e4e9ee791fe90284a373d73b0044bfd80da72434f17"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ca55dd59b887a3329dded1d4cccdf820636efa71cfc2e002031c898ebb17bfa0","downloaded_from":"2026-09-10T00:05:31.733Z","last_downloaded_at":"2026-09-10T00:05:31.733Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477356","source_sha256":"d245c8011a1bc6d8970a0e4e9ee791fe90284a373d73b0044bfd80da72434f17"}}],"enrichment":{"summary":"ASC 350-985 is a link-only subtopic: it contains no substantive rules of its own but points readers to Subtopic 985-20 for the capitalization of computer software costs as intangible assets. Specifically, it directs users to 985-20-25-3 (costs of producing product masters incurred after technological feasibility is established) and 985-20-25-10 (purchased software having an alternative future use).","key_points":["This Subtopic only provides a link to guidance on costs of computer software that are capitalized as intangible assets (350-985-05-1).","Costs of producing product masters incurred after technological feasibility has been established are capitalized under paragraph 985-20-25-3 (350-985-25-1).","Costs of purchased software that has an alternative future use are capitalized under paragraph 985-20-25-10 (350-985-25-1).","No recognition, measurement, or disclosure requirements are established within 350-985 itself; the operative guidance resides in Topic 985."],"categories":["Recognition","Intangibles and goodwill","Industry-specific"],"audience_level":"introductory","student_note":"Don't look here for software accounting answers—350-985 is purely a cross-reference; the real rules for software to be sold, leased, or marketed are in 985-20 (and internal-use software is in 350-40). A common mistake is assuming this subtopic adds intangible-asset requirements for software beyond the Topic 985 guidance.","related_topics":["985-20","350-40","350-30","730"],"key_concepts":["computer software costs","capitalized software as intangible asset","product masters","technological feasibility","purchased software","alternative future use","link-only subtopic"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ca9a81f006a93329fa58e525d12eaffe252bbd7790605856b779666039b3ffea","downloaded_from":"2026-09-10T00:05:21.279Z","last_downloaded_at":"2026-09-10T00:05:31.733Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"330-985","title":"Software","topic_title":"Inventory","score":0.8016,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:61bfaed3f56ac04114840e4e482356a5e9c87b5b96449a5fac6306aa157a25ac","downloaded_from":"2026-09-09T23:53:59.630Z","last_downloaded_at":"2026-09-09T23:54:12.400Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"985-20","title":"Costs of Software to Be Sold, Leased, or 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Development","score":0.7377,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b954dc25664bde016586340620e20ec7bb4f30d488a3e5664adb4b5d5ff3b9df","downloaded_from":"2026-09-10T01:16:06.499Z","last_downloaded_at":"2026-09-10T01:16:08.583Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"705-985","title":"Software","topic_title":"Cost of Sales and Services","score":0.719,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ef466da0452e77f567d9dde09026dd0d7c637457088361e0b48d0630c55f2501","downloaded_from":"2026-09-10T00:56:55.035Z","last_downloaded_at":"2026-09-10T00:57:08.857Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"350-40","title":"Internal-Use Software","topic_title":"Intangibles—Goodwill and Other","score":0.7137,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:da4f47d2368314d6ef6490af3f51292d08d6293d755cb64dc081c7f188151400","downloaded_from":"2026-09-10T00:02:14.508Z","last_downloaded_at":"2026-09-10T00:02:45.249Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"985-10","title":"Overall","topic_title":"Software","score":0.6767,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c80a87decafd5a3b38c9feba34ad1ac64bfe006f3ce2a5fd39124b4f97284bc5","downloaded_from":"2026-09-10T02:28:16.187Z","last_downloaded_at":"2026-09-10T02:28:23.457Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"350-980","title":"Regulated Operations","topic_title":"Intangibles—Goodwill and Other","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:887c97c895b0b29ddb65865ac9235182156e0a66b871ebc5ccc381d2daf1eb41","downloaded_from":"2026-09-10T00:05:12.805Z","last_downloaded_at":"2026-09-10T00:05:19.146Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"360-10","title":"Overall","topic_title":"Property, Plant, and Equipment","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3aae6c7564dc447c809cf4f3d6f1401a7cc6881c314553fb7d22156ae0061b61","downloaded_from":"2026-09-10T00:05:35.818Z","last_downloaded_at":"2026-09-10T00:06:33.252Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0c65ffab08826133ff65fe4a910da449ea6831ec01540ae6dba49018c92cb87f","downloaded_from":"2026-09-10T00:05:21.279Z","last_downloaded_at":"2026-09-10T00:05:31.733Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"paragraphs":565,"summary":"ASC 350 covers the accounting for goodwill and other intangible assets after acquisition — recognition of internally developed and separately acquired intangibles, subsequent measurement, impairment, presentation, and disclosure — while leaving acquisition-date accounting to Topic 805 and 958-805 (350-10-05-1; 05-3A). The organizing idea is that subsequent accounting turns on the nature and life of the asset: goodwill is never amortized under the general model but is tested for impairment at the reporting unit level at least annually (350-20-35-1; 35-4), finite-lived intangibles are amortized and tested under Subtopic 360-10 while indefinite-lived intangibles are not amortized and are tested annually by comparing fair value with carrying amount (350-30-35-6; 35-18), and in-scope crypto assets are remeasured at fair value through net income (350-60-35-1). Cost-capitalization subtopics (350-40 internal-use software, 350-50 website development costs, 350-985 link to 985-20) draw stage-based lines between expensing and capitalizing, and industry subtopics (350-908 airlines, 350-920 broadcasters, 350-922 cable television, 350-932 oil and gas, 350-950 title plants, 350-980 regulated operations) tailor or except those rules. Key elective relief: private companies and NFPs may amortize goodwill over 10 years or less and test only upon a triggering event (350-20-35-63; 35-65 through 35-66).","concepts":["goodwill impairment testing at the reporting unit level","qualitative more-likely-than-not assessment","finite-lived versus indefinite-lived intangible assets","amortization and residual value presumed zero","private company goodwill amortization alternative","internal-use software application development stage capitalization","crypto assets measured at fair value through net income","industry-specific intangibles (slots, program licenses, title plants)"],"categories":["Intangibles and goodwill","Impairment","Subsequent measurement","Recognition"],"level":"intermediate","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:db59a3c3f7226c7e62947c95813e15d04bbc6a2883505af2c52b3900fa5efa8e","downloaded_from":"2026-09-10T00:00:08.118Z","last_downloaded_at":"2026-09-10T00:05:31.733Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}