{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/405/20/#50-disclosure","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":"405","topic_title":"Liabilities","subtopic":"405-20","subtopic_title":"Extinguishments of Liabilities","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"405-20-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">See paragraph <a href=\"/asc/470/50/#470-50-50-1\" class=\"xref\">470-50-50-1</a> for a disclosure requirement for debt considered to be extinguished by in-substance defeasance. In addition, see paragraph <a href=\"/asc/860/30/#860-30-50-1A\" class=\"xref\">860-30-50-1A</a> for disclosure requirements for assets that are set aside solely for the purpose of satisfying scheduled payments of a specific obligation.</div></div>","snippet":"See paragraph 470-50-50-1 for a disclosure requirement for debt considered to be extinguished by in-substance defeasance. In addition, see paragraph 860-30-50-1A for disclosure requirements for assets that are set aside …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e763fd36172ab78893410f231faaea5b8f4ce472c30ce4b88caf0ba1c7e63792","downloaded_from":"2026-09-10T00:14:02.153Z","last_downloaded_at":"2026-09-10T00:14:02.153Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482555","source_sha256":"5b642958596184112cc514e685184875e62318889dee7f5afce1e9d6b6c0bd99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:980b76f5eba8fdbb0017a378d42c7abb60b1f754f12951fb0c92d89621b10330","downloaded_from":"2026-09-10T00:14:02.153Z","last_downloaded_at":"2026-09-10T00:14:02.153Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482555","source_sha256":"5b642958596184112cc514e685184875e62318889dee7f5afce1e9d6b6c0bd99"}},{"block":null,"heading":"Prepaid Stored-Value Products","paragraphs":[{"citation":"405-20-50-2","para":"50-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_52B4BE0E-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">An entity that recognizes a breakage amount in accordance with paragraph <a href=\"/asc/405/20/#405-20-40-4\" class=\"xref\">405-20-40-4</a> shall disclose the methodology used to recognize breakage and significant judgments made in applying the breakage methodology.</span></span></div></div>","snippet":"An entity that recognizes a breakage amount in accordance with paragraph 405-20-40-4 shall disclose the methodology used to recognize breakage and significant judgments made in applying the breakage methodology.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:33295625fa120095885fa814004e6b79e5dd4ffbe6dda3564e37e6a868732daa","downloaded_from":"2026-09-10T00:14:02.153Z","last_downloaded_at":"2026-09-10T00:14:02.153Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482555","source_sha256":"5b642958596184112cc514e685184875e62318889dee7f5afce1e9d6b6c0bd99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:61b41c01271fc77b80fbdfb85686646a388c288a980c28d955a59959db11ffbe","downloaded_from":"2026-09-10T00:14:02.153Z","last_downloaded_at":"2026-09-10T00:14:02.153Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482555","source_sha256":"5b642958596184112cc514e685184875e62318889dee7f5afce1e9d6b6c0bd99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5d7d35a061dc7d1052f04654bfd8726b7aace1d123fc9517cb9321269f98a247","downloaded_from":"2026-09-10T00:14:02.153Z","last_downloaded_at":"2026-09-10T00:14:02.153Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482555","source_sha256":"5b642958596184112cc514e685184875e62318889dee7f5afce1e9d6b6c0bd99"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5d7d35a061dc7d1052f04654bfd8726b7aace1d123fc9517cb9321269f98a247","downloaded_from":"2026-09-10T00:14:02.153Z","last_downloaded_at":"2026-09-10T00:14:02.153Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482555","source_sha256":"5b642958596184112cc514e685184875e62318889dee7f5afce1e9d6b6c0bd99"}}