{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/605/980/#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":"605","topic_title":"Revenue Recognition","subtopic":"605-980","subtopic_title":"Regulated Operations","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"Alternative Revenue Programs—Revenue Collected Subject to Refund","paragraphs":[{"citation":"605-980-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_474B953D-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">In some cases, a regulated entity is permitted to bill requested rate increases before the regulator has ruled on the request. </span></span></div></div>","snippet":"In some cases, a regulated entity is permitted to bill requested rate increases before the regulator has ruled on the request.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:976e200787370480374384f38105795cfe95e7c61dcacc89e5892a8e61b73de0","downloaded_from":"2026-09-10T00:53:58.500Z","last_downloaded_at":"2026-09-10T00:53:58.500Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477582","source_sha256":"cc556758d0a8b69b123fea3ab4b619f553f358eefd39de7a5b7dc7d2e5c440f2"}},{"citation":"605-980-30-2","para":"30-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_474B9649-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">When the revenue is originally recorded, the criteria in paragraph <a href=\"/asc/450/20/#450-20-25-2\" class=\"xref\">450-20-25-2</a> shall determine whether a provision for estimated refunds shall be accrued as a loss contingency. </span></span><span class=\"sfragment\" id=\"sfr_474B9782-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The inability to make a reasonable estimate of the amount of the obligation at the time of sale because of significant uncertainty about possible claims precludes accrual and, if the range of possible loss is wide, may raise a question about whether revenue should be recognized. Similarly, if the range of possible refund is wide and the amount of the refund cannot be reasonably estimated, there may be a question about whether it would be misleading to recognize the provisional revenue increase as income. </span></span></div></div>","snippet":"When the revenue is originally recorded, the criteria in paragraph 450-20-25-2 shall determine whether a provision for estimated refunds shall be accrued as a loss contingency. The inability to make a reasonable estimate…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:25bccce34e87ce365787647f4ad89a7a7e6f49a952fb69f26cdec7b2cfd6aea6","downloaded_from":"2026-09-10T00:53:58.500Z","last_downloaded_at":"2026-09-10T00:53:58.500Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477582","source_sha256":"cc556758d0a8b69b123fea3ab4b619f553f358eefd39de7a5b7dc7d2e5c440f2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9cd09da516f66749bd6d3fe5b97258059cbd8205cf777f5fb6168ecb72a6b262","downloaded_from":"2026-09-10T00:53:58.500Z","last_downloaded_at":"2026-09-10T00:53:58.500Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477582","source_sha256":"cc556758d0a8b69b123fea3ab4b619f553f358eefd39de7a5b7dc7d2e5c440f2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c6a19c4f807cd4be537ad75e97a8a45e38157d4e7d39b75ec839b386cdf9604f","downloaded_from":"2026-09-10T00:53:58.500Z","last_downloaded_at":"2026-09-10T00:53:58.500Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477582","source_sha256":"cc556758d0a8b69b123fea3ab4b619f553f358eefd39de7a5b7dc7d2e5c440f2"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c6a19c4f807cd4be537ad75e97a8a45e38157d4e7d39b75ec839b386cdf9604f","downloaded_from":"2026-09-10T00:53:58.500Z","last_downloaded_at":"2026-09-10T00:53:58.500Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477582","source_sha256":"cc556758d0a8b69b123fea3ab4b619f553f358eefd39de7a5b7dc7d2e5c440f2"}}