{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/505/60/#sec-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":"S45","label":"SEC 45 Other Presentation Matters","anchor":"sec-45-other-presentation-matters","is_sec":true,"groups":[{"block":null,"heading":"Accounting for the Spinoff of a Subsidiary","paragraphs":[{"citation":"505-60-S45-1","para":"S45-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_012B857E-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">See paragraph <a href=\"/asc/505/60/#505-60-S99-1\" class=\"xref\">505-60-S99-1</a>, SAB Topic 5.Z.7, for SEC Staff views on whether a spinoff transaction can be reflected as a change in the reporting entity. </span></span></div></div>","snippet":"See paragraph 505-60-S99-1, SAB Topic 5.Z.7, for SEC Staff views on whether a spinoff transaction can be reflected as a change in the reporting entity.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a3bad03935937a833b38bdee2ef026d9b8fb33303965c3e8f1db2f443adbacbd","downloaded_from":"2026-09-10T00:39:46.673Z","last_downloaded_at":"2026-09-10T00:39:46.673Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479739","source_sha256":"727a6b7d2b4c1c1b67f937c96c118e5408125cf48ab9b8e605385d8e92722705"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:08c99653700f2793233e781a14f3af75eebce84024dad2bff23810868c227f3f","downloaded_from":"2026-09-10T00:39:46.673Z","last_downloaded_at":"2026-09-10T00:39:46.673Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479739","source_sha256":"727a6b7d2b4c1c1b67f937c96c118e5408125cf48ab9b8e605385d8e92722705"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3d73fc55ced3e1f672570578531814f1c08863c762b68b576794a74ed4cf7f4","downloaded_from":"2026-09-10T00:39:46.673Z","last_downloaded_at":"2026-09-10T00:39:46.673Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479739","source_sha256":"727a6b7d2b4c1c1b67f937c96c118e5408125cf48ab9b8e605385d8e92722705"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f3d73fc55ced3e1f672570578531814f1c08863c762b68b576794a74ed4cf7f4","downloaded_from":"2026-09-10T00:39:46.673Z","last_downloaded_at":"2026-09-10T00:39:46.673Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479739","source_sha256":"727a6b7d2b4c1c1b67f937c96c118e5408125cf48ab9b8e605385d8e92722705"}}