{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/360/908/#45-other-presentation-matters","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"360","topic_title":"Property, Plant, and Equipment","subtopic":"360-908","subtopic_title":"Airlines","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":"Rotable Parts","paragraphs":[{"citation":"360-908-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_1843F00F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\"><a href=\"/glossary/r/#rotable-parts\" class=\"term\" title=\"Rotable parts are normally repaired and reused, as opposed to those parts that are consumed in the operations (expendable parts).\"><span>Rotable parts</span></a> and assemblies of significant value are classified along with flight equipment as fixed assets. </span></span></div></div>","snippet":"Rotable parts and assemblies of significant value are classified along with flight equipment 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indicated in paragraph <a href=\"/asc/360/10/#360-10-45-1\" class=\"xref\">360-10-45-1</a>, an entity shall apply the same method of accounting for planned major maintenance activities in annual and interim financial reporting periods. </span></span></div></div>","snippet":"As indicated in paragraph 360-10-45-1, an entity shall apply the same method of accounting for planned major maintenance activities in annual and interim financial reporting periods.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b6f6c175e4663ffc5a1d8c0a1ac69aa096766ed4d1a48bb0716be93e9cf99caa","downloaded_from":"2026-09-10T00:07:54.458Z","last_downloaded_at":"2026-09-10T00:07:54.458Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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