# ASC 450-20-S30: Contingencies — Loss Contingencies — SEC 30 Initial Measurement

Source: FASB Accounting Standards Codification, Basic View

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

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.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-10T00:27:37.671Z to 2026-09-10T00:27:37.671Z

Record version: sha256:e35ac2011e76ebf1dd13ddb32f1a4a89fb9ec19eccb62b362620275cf4696d0e

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 450-20-S30: SEC 30 Initial Measurement

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

SEC content: yes

#### Use of Discounts

##### [450-20-S30-1](https://asc.understandingaccounting.org/asc/450/20/#450-20-S30-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:27:37.671Z to 2026-09-10T00:27:37.671Z

Record version: sha256:1897af79f392ee312a8abf60638891005e26b24222b3fb699e82d0dbe7e4f0ad

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


See paragraph [450-20-S99-1](https://asc.understandingaccounting.org/asc/450/20/#450-20-S99-1), SAB Topic 5.Y, Question 1, for the SEC Staff views on the use of discounts to measure loss contingencies.