{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/505/60/#45-other-presentation-matters","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":"505","topic_title":"Equity","subtopic":"505-60","subtopic_title":"Spinoffs and Reverse Spinoffs","section":{"number":"45","label":"45 Other Presentation Matters","anchor":"45-other-presentation-matters","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"505-60-45-1","para":"45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_00EB7D0C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The determination of the accounting spinnor and spinnee under the requirements of paragraph <a href=\"/asc/505/60/#505-60-25-8\" class=\"xref\">505-60-25-8</a> may have significant implications with regard to the reporting of discontinued operations in accordance with Subtopic <a altsource=\"GUID-1BB79B19-5BFE-4AEF-82DA-D60757884227.ditamap\" class=\"ditamap\">205-20</a>. That is, the accounting spinnee shall be reported as a discontinued operation by the accounting spinnor if the spinnee is a discontinued operation and meets the conditions for such reporting contained in paragraphs <div class=\"xref-range displayInline\"><a href=\"/asc/205/20/#205-20-45-1A\" class=\"xref\">205-20-45-1A through 45-1C</a></div>. </span></span> </div> </div>","snippet":"The determination of the accounting spinnor and spinnee under the requirements of paragraph 505-60-25-8 may have significant implications with regard to the reporting of discontinued operations in accordance with Subtopi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d78a61266d494377c5d0629c2b56ed0737983e4291ce064ec1286e50c63db1ee","downloaded_from":"2026-09-10T00:39:30.567Z","last_downloaded_at":"2026-09-10T00:39:30.567Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481393","source_sha256":"7505587fcd7528460ad83eafbc43adf7612f70cc11424d4e1055dfee922ed372"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e75aa77963b9e098d7b838e915832a731dcddb920c6a0c268873ef38a79aac46","downloaded_from":"2026-09-10T00:39:30.567Z","last_downloaded_at":"2026-09-10T00:39:30.567Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481393","source_sha256":"7505587fcd7528460ad83eafbc43adf7612f70cc11424d4e1055dfee922ed372"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:573bcf10c376625407dc0419e2e2f21fc3337e89901140709e8fb829264273e6","downloaded_from":"2026-09-10T00:39:30.567Z","last_downloaded_at":"2026-09-10T00:39:30.567Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481393","source_sha256":"7505587fcd7528460ad83eafbc43adf7612f70cc11424d4e1055dfee922ed372"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:573bcf10c376625407dc0419e2e2f21fc3337e89901140709e8fb829264273e6","downloaded_from":"2026-09-10T00:39:30.567Z","last_downloaded_at":"2026-09-10T00:39:30.567Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481393","source_sha256":"7505587fcd7528460ad83eafbc43adf7612f70cc11424d4e1055dfee922ed372"}}