{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/712/10/#60-relationships","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":"712","topic_title":"Compensation—Nonretirement Postemployment Benefits","subtopic":"712-10","subtopic_title":"Overall","section":{"number":"60","label":"60 Relationships","anchor":"60-relationships","is_sec":false,"groups":[{"block":null,"heading":"Business Combinations","paragraphs":[{"citation":"712-10-60-1","para":"60-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_BA05F533-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">For guidance on recognition of liabilities for contractual <a href=\"/glossary/t/#termination-benefits\" class=\"term\" title=\"Benefits provided by an employer to employees in connection with their termination of employment. They may be either special termination benefits offered only for a short period of time or contractual benefits required by the terms of a plan only if a specified event, such as a plant closing, occurs.\"><span>termination benefits</span></a> or changing benefit plan assumptions in anticipation of a business combination, see Subtopic <a altsource=\"GUID-4C20CF40-DD8D-4F61-94A7-35C477A5F96C.ditamap\" class=\"ditamap\">805-20</a>. </span></span></div></div>","snippet":"For guidance on recognition of liabilities for contractual termination benefits or changing benefit plan assumptions in anticipation of a business combination, see Subtopic 805-20.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f7fc135a6a4d3134155646f71383a483b3805bebbaffa4ceb2ac29814899daba","downloaded_from":"2026-09-10T00:58:40.404Z","last_downloaded_at":"2026-09-10T00:58:40.404Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481539","source_sha256":"032a9bf5382a9461546bc54815cb868ba70e54955c982a69e38f2484d1ec4ebe"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:38075982560c56237d098fb134067d66bded35a4f6ef66b09143f7d51b2321f7","downloaded_from":"2026-09-10T00:58:40.404Z","last_downloaded_at":"2026-09-10T00:58:40.404Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481539","source_sha256":"032a9bf5382a9461546bc54815cb868ba70e54955c982a69e38f2484d1ec4ebe"}},{"block":null,"heading":"Consolidation","paragraphs":[{"citation":"712-10-60-2","para":"60-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_BA05F63F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">For guidance prohibiting the consolidation of an employee benefit plan subject to the provisions of this Subtopic, see paragraph <a href=\"/asc/810/10/#810-10-15-12\" class=\"xref\">810-10-15-12(a)</a>.</span></span></div></div>","snippet":"For guidance prohibiting the consolidation of an employee benefit plan subject to the provisions of this Subtopic, see paragraph 810-10-15-12(a).","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:887f60f93b918ae06c66e0ac78b4db61e87cbe03d8ac823c11786d87a6cc6b63","downloaded_from":"2026-09-10T00:58:40.404Z","last_downloaded_at":"2026-09-10T00:58:40.404Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481539","source_sha256":"032a9bf5382a9461546bc54815cb868ba70e54955c982a69e38f2484d1ec4ebe"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4e0ea2253e1325d5c61d440bbaa5906cda2a47d427ea2c724346ddc0f1cc321d","downloaded_from":"2026-09-10T00:58:40.404Z","last_downloaded_at":"2026-09-10T00:58:40.404Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481539","source_sha256":"032a9bf5382a9461546bc54815cb868ba70e54955c982a69e38f2484d1ec4ebe"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:20192a04e638dd14bf4d7b815a0cf64d8324b852c19aa359b72fad7752678edb","downloaded_from":"2026-09-10T00:58:40.404Z","last_downloaded_at":"2026-09-10T00:58:40.404Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481539","source_sha256":"032a9bf5382a9461546bc54815cb868ba70e54955c982a69e38f2484d1ec4ebe"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:20192a04e638dd14bf4d7b815a0cf64d8324b852c19aa359b72fad7752678edb","downloaded_from":"2026-09-10T00:58:40.404Z","last_downloaded_at":"2026-09-10T00:58:40.404Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481539","source_sha256":"032a9bf5382a9461546bc54815cb868ba70e54955c982a69e38f2484d1ec4ebe"}}