{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/450/20/#sec-30-initial-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":"450","topic_title":"Contingencies","subtopic":"450-20","subtopic_title":"Loss Contingencies","section":{"number":"S30","label":"SEC 30 Initial Measurement","anchor":"sec-30-initial-measurement","is_sec":true,"groups":[{"block":null,"heading":"Use of Discounts","paragraphs":[{"citation":"450-20-S30-1","para":"S30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_59DF1609-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">See paragraph <a href=\"/asc/450/20/#450-20-S99-1\" class=\"xref\">450-20-S99-1</a>, SAB Topic 5.Y, Question 1, for the SEC Staff views on the use of discounts to measure loss contingencies. </span></span></div></div>","snippet":"See paragraph 450-20-S99-1, SAB Topic 5.Y, Question 1, for the SEC Staff views on the use of discounts to measure loss contingencies.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1897af79f392ee312a8abf60638891005e26b24222b3fb699e82d0dbe7e4f0ad","downloaded_from":"2026-09-10T00:27:37.671Z","last_downloaded_at":"2026-09-10T00:27:37.671Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480195","source_sha256":"61f28f2f9a1499849405066a36232fc06af37e1c63633b5fb41bead97c9a2ab6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:601b71af2ee62d7ba4892118428f697f8c9e0d6c47e83a50909d7bc35d260e55","downloaded_from":"2026-09-10T00:27:37.671Z","last_downloaded_at":"2026-09-10T00:27:37.671Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480195","source_sha256":"61f28f2f9a1499849405066a36232fc06af37e1c63633b5fb41bead97c9a2ab6"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e35ac2011e76ebf1dd13ddb32f1a4a89fb9ec19eccb62b362620275cf4696d0e","downloaded_from":"2026-09-10T00:27:37.671Z","last_downloaded_at":"2026-09-10T00:27:37.671Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480195","source_sha256":"61f28f2f9a1499849405066a36232fc06af37e1c63633b5fb41bead97c9a2ab6"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e35ac2011e76ebf1dd13ddb32f1a4a89fb9ec19eccb62b362620275cf4696d0e","downloaded_from":"2026-09-10T00:27:37.671Z","last_downloaded_at":"2026-09-10T00:27:37.671Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480195","source_sha256":"61f28f2f9a1499849405066a36232fc06af37e1c63633b5fb41bead97c9a2ab6"}}