{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/360/962/#35-subsequent-measurement","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":"360-962","subtopic_title":"Plan Accounting—Defined Contribution Pension Plans","section":{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"360-962-35-1","para":"35-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_1F6553E0-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Plan assets used in plan operations shall be reported at cost less accumulated depreciation or amortization and may consist of any of the following: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1F655500-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Buildings </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1F6555DA-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Equipment </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1F6556A6-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Furniture and fixtures </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">d</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1F655769-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Leasehold improvements. </span></span></div></li></ol></div></div>","snippet":"Plan assets used in plan operations shall be reported at cost less accumulated depreciation or amortization and may consist of any of the following:\n(a) Buildings\n(b) Equipment\n(c) Furniture and fixtures\n(d) Leasehold im…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:84c018439665545c8418ecde3e4e16eff7962a7850e9c3982cd80202840a538c","downloaded_from":"2026-09-10T00:11:35.677Z","last_downloaded_at":"2026-09-10T00:11:35.677Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478606","source_sha256":"9792fad2ed9affbdee84b17621a597a383c16f40154506f30a5eee6106283dd8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fab8583b37654cb6887fce80d4c0b5de329fde2b77f4f3ff6a302da6ba51a250","downloaded_from":"2026-09-10T00:11:35.677Z","last_downloaded_at":"2026-09-10T00:11:35.677Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478606","source_sha256":"9792fad2ed9affbdee84b17621a597a383c16f40154506f30a5eee6106283dd8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e3765fab2f97532e258918fdc789f182b8442cd766ca5e58da9c9691e130f772","downloaded_from":"2026-09-10T00:11:35.677Z","last_downloaded_at":"2026-09-10T00:11:35.677Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478606","source_sha256":"9792fad2ed9affbdee84b17621a597a383c16f40154506f30a5eee6106283dd8"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e3765fab2f97532e258918fdc789f182b8442cd766ca5e58da9c9691e130f772","downloaded_from":"2026-09-10T00:11:35.677Z","last_downloaded_at":"2026-09-10T00:11:35.677Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478606","source_sha256":"9792fad2ed9affbdee84b17621a597a383c16f40154506f30a5eee6106283dd8"}}