# ASC 450-20-30: Contingencies — Loss Contingencies — 30 Initial Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/450/20/#30-initial-measurement)

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## ASC 450-20-30: 30 Initial Measurement

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##### [450-20-30-1](https://asc.understandingaccounting.org/asc/450/20/#450-20-30-1)

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If some amount within a range of loss appears at the time to be a better estimate than any other amount within the range, that amount shall be accrued. When no amount within the range is a better estimate than any other amount, however, the minimum amount in the range shall be accrued. Even though the minimum amount in the range is not necessarily the amount of loss that will be ultimately determined, it is not likely that the ultimate loss will be less than the minimum amount. Examples 1-2 (see paragraphs

[450-20-55-18 through 55-35](https://asc.understandingaccounting.org/asc/450/20/#450-20-55-18)

) illustrate the application of these initial measurement standards.