{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/405/50/#10-objectives","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":"405-50","subtopic_title":"Liabilities—Supplier Finance Programs","section":{"number":"10","label":"10 Objectives","anchor":"10-objectives","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"405-50-10-1","para":"10-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"GUID-582634B4-CE7C-4CF6-BF97-030A072121D2\"><span class=\"sfragment-source\">The objective of this Subtopic is to establish disclosures that enhance the transparency of a supplier finance program used by an entity in connection with the purchase of goods and services (the buyer in a supplier finance program).</span></span></div></div></div>","snippet":"The objective of this Subtopic is to establish disclosures that enhance the transparency of a supplier finance program used by an entity in connection with the purchase of goods and services (the buyer in a supplier fina…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a459802c86131739f703de60214b2efe32b9cb4dd0cc30cdb1c57a56a9673905","downloaded_from":"2026-09-10T00:15:24.411Z","last_downloaded_at":"2026-09-10T00:15:24.411Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479560","source_sha256":"4b6d279b8ac31192466d008140c11bd0fbd4438fd0b25eadeb8151fe822d9fe5"}},{"citation":"405-50-10-2","para":"10-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"GUID-CBD607D1-B6FF-4DAC-B597-EB7C426104A5\"><span class=\"sfragment-source\">This Subtopic does not address either 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=\"GUID-8F84C444-D336-4A33-9D1A-A8FF6819E397\"><span class=\"sfragment-source\">A buyer’s recognition, measurement, or financial statement presentation of an obligation in connection with a supplier finance program</span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"GUID-6B5F19A0-7A4B-4A2A-B8FB-F2B8B943D3EC\"><span class=\"sfragment-source\">The accounting and disclosure for other parties involved in a supplier finance program.</span></span></div></li></ol></div></div></div>","snippet":"This Subtopic does not address either of the following:\n(a) A buyer’s recognition, measurement, or financial statement presentation of an obligation in connection with a supplier finance program\n(b) The accounting and di…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:943a319230de66246bc74aedb5dc57b4b722ce16d34aab40e12a5ed484d95ced","downloaded_from":"2026-09-10T00:15:24.411Z","last_downloaded_at":"2026-09-10T00:15:24.411Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479560","source_sha256":"4b6d279b8ac31192466d008140c11bd0fbd4438fd0b25eadeb8151fe822d9fe5"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9f05e09a160d1ceeb453b71fc194e10f1df4ed32809f3d5630654bf44ead2c72","downloaded_from":"2026-09-10T00:15:24.411Z","last_downloaded_at":"2026-09-10T00:15:24.411Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not 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