# ASC 712-10: Compensation—Nonretirement Postemployment Benefits — Overall Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/712/10/) 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): 2026-09-10T00:58:18.965Z to 2026-09-10T00:58:43.060Z Record version: sha256:f912edfca45584c07c60d1d82a4bc84f7fd9464eeee120841b7e98015a3f21a9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10: Compensation—Nonretirement Postemployment Benefits — Overall ### Machine-generated study aids ```json { "summary": "ASC 712-10 governs employer accounting for nonretirement postemployment benefits — special and contractual termination benefits and other postemployment benefits (severance, salary continuation, disability, continued health coverage) paid to former or inactive employees after employment but before retirement and not paid through a pension or other postretirement plan. Special termination benefits are accrued when employees accept the offer and the amount is reasonably estimable; contractual termination benefits are accrued when it is probable employees will be entitled to them and the amount is reasonably estimable. Other postemployment benefits are accrued under Subtopic 710-10 if they accumulate or vest, and otherwise under the loss contingency model of paragraph 450-20-25-2.", "key_points": [ "Scope covers all employers offering termination or other postemployment benefits paid before retirement and not paid from a pension or other postretirement plan (712-10-15-2 through 15-3).", "Excluded from scope: pension/OPEB plan benefits (715-30, 715-60), individual deferred compensation (710-10), one-time termination benefits from exit or disposal activities (420-10), and stock compensation (Topic 718) (712-10-15-4).", "Special termination benefits are recognized as a liability and a loss when employees accept the offer and the amount can be reasonably estimated; no loss is recognized at the offer date based on an estimated acceptance rate (712-10-25-1).", "Contractual termination benefits are recognized as a liability and a loss when it is probable employees will be entitled to the benefits and the amount is reasonably estimable, measured as lump-sum payments plus the present value of expected future payments (712-10-25-2); such an event may also be a curtailment under 715-30-35-92 through 35-96 and 715-60-35-161 through 35-171 (712-10-25-3).", "Other postemployment benefits that accumulate or vest and meet the conditions of 710-10-25-1 are accrued under Subtopic 710-10; those that do not are accrued under the contingency model in 450-20-25-2 (712-10-25-4 through 25-5).", "Discounting in measuring other postemployment benefit obligations is permitted but not required; employers may look to Subtopics 715-30 and 715-60 by analogy (712-10-35-1).", "If an obligation is not accrued solely because the amount cannot be reasonably estimated, that fact must be disclosed (712-10-50-2); termination benefit disclosures follow 715-20-50-1." ], "categories": [ "Compensation and benefits", "Recognition", "Initial measurement", "Disclosure" ], "audience_level": "intermediate", "student_note": "The exam trap is timing and scope: an employer may NOT accrue a loss when a short-term special termination offer is made based on expected acceptance rates — it waits for actual acceptance — while contractual benefits accrue on a probable-and-estimable basis. Also be able to distinguish an enhancement to an ongoing benefit arrangement (712-10) from a one-time termination benefit (ASC 420).", "related_topics": [ "710-10", "420-10", "715-30", "715-60", "450-20", "718" ], "key_concepts": [ "special termination benefits", "contractual termination benefits", "other postemployment benefits", "severance and salary continuation", "accumulate or vest", "loss contingency accrual", "inactive employees", "curtailment" ] } ``` Source downloaded (UTC): 2026-09-10T00:58:18.965Z to 2026-09-10T00:58:18.965Z Record version: sha256:ac6d36f4f52f5a7754b58634d6d394be21901d416a431520bfaca1cc3f09efa0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/712/10/#00-status) SEC content: no ##### [712-10-00-1](https://asc.understandingaccounting.org/asc/712/10/#712-10-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:18.965Z to 2026-09-10T00:58:18.965Z Record version: sha256:542772aa0ec9e8ddd8784654d29e93742e06bd80a06d5eb5f3cb292871c1e934 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
712-10-60-2AmendedAccounting Standards Update No. 2009-1712/23/2009
Source downloaded (UTC): 2026-09-10T00:58:22.739Z to 2026-09-10T00:58:22.739Z Record version: sha256:1552f1063790a25929d5d1d538099a7182d15e8327f1c7072d065ea7b47adc68 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/712/10/#05-overview-and-background) SEC content: no ##### [712-10-05-1](https://asc.understandingaccounting.org/asc/712/10/#712-10-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:22.739Z to 2026-09-10T00:58:22.739Z Record version: sha256:d2f18fffa85dc3e99a4051c1e22025f4bf49036259977c78399b4df1451fd918 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Compensation—Nonretirement Postemployment Benefits Topic provides guidance on [nonretirement postemployment benefits](https://asc.understandingaccounting.org/glossary/n/#nonretirement-postemployment-benefits "All types of benefits, other than those provided through a pension or other postretirement plan (see Subtopics 715-30 and 715-60), provided to former or inactive employees, their beneficiaries, and covered dependents."), including [termination benefits](https://asc.understandingaccounting.org/glossary/t/#termination-benefits "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.") and [other postemployment benefits](https://asc.understandingaccounting.org/glossary/o/#other-postemployment-benefits "Benefits, other than special or contractual termination benefits, that are provided by an employer to former or inactive employees after employment but before retirement including benefits provided to beneficiaries and covered dependents.") provided to former and [inactive employees](https://asc.understandingaccounting.org/glossary/i/#inactive-employees "Employees who are not currently rendering service to the employer and who have not been terminated. They include those who have been laid off and those on disability leave, regardless of whether they are expected to return to active status."). This Topic contains only the Overall Subtopic. #### Termination Benefits ##### [712-10-05-2](https://asc.understandingaccounting.org/asc/712/10/#712-10-05-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:22.739Z to 2026-09-10T00:58:22.739Z Record version: sha256:3f0b248d31ca00f7ed2167a3a94b1ac583011c79450266dda2e014cb59096feb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An employer may provide benefits to employees in connection with their termination of employment. They may be either [special termination benefits](https://asc.understandingaccounting.org/glossary/s/#special-termination-benefits "Benefits that are offered for a short period of time in exchange for employees' voluntary termination of service.") offered only for a short period of time or contractual termination benefits required by the terms of a plan only if a specified event, such as a plant closing, causes employees' services to be terminated involuntarily. Termination benefits may take various forms including lump-sum payments, periodic future payments, or both. They may be paid directly from an employer's assets, an existing pension plan, a new employee benefit plan, or a combination of those means. ##### [712-10-05-3](https://asc.understandingaccounting.org/asc/712/10/#712-10-05-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:22.739Z to 2026-09-10T00:58:22.739Z Record version: sha256:96f441dfb9c6e112da41e3313e95cac9f431f659f5b52493bb574c3274cf390d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See Section 712-10-15 for links to other Topics in the Codification that provide guidance on termination benefits, such as the following: 1. a One-time termination benefits resulting from an exit or restructuring activity 2. b Termination benefits (for example, supplemental early retirement benefits, termination indemnities) paid through a pension or other postretirement plan. #### Other Postemployment Benefits ##### [712-10-05-4](https://asc.understandingaccounting.org/asc/712/10/#712-10-05-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:22.739Z to 2026-09-10T00:58:22.739Z Record version: sha256:67953609ca3e7032edba1f1e702997ae77c43b5cfb2698bc85639cc77978de69 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Other postemployment benefits include all benefits listed in the following paragraph. These include benefits that are paid before retirement and not payable from a pension or other postretirement plan. ##### [712-10-05-5](https://asc.understandingaccounting.org/asc/712/10/#712-10-05-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:22.739Z to 2026-09-10T00:58:22.739Z Record version: sha256:b5edeb55b9cc12e2b11245f012ca73ed7f8f1bf9ee5e8e5c08d9c053637fcfea Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Other postemployment benefits include, but are not limited to, the following: 1. a Salary continuation 2. b Supplemental unemployment benefits 3. c Severance benefits 4. d Disability-related benefits (including workers' compensation) 5. e Job training and counseling 6. f Continuation of benefits such as health care benefits and life insurance coverage. ##### [712-10-05-6](https://asc.understandingaccounting.org/asc/712/10/#712-10-05-6) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:22.739Z to 2026-09-10T00:58:22.739Z Record version: sha256:d64868b06a57cf46dd4e3ef4a0b5704c38e41334726989410d218dbabf1878f1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Generally, other postemployment benefits are part of the compensation provided to an employee in exchange for service. Source downloaded (UTC): 2026-09-10T00:58:24.509Z to 2026-09-10T00:58:24.509Z Record version: sha256:d54dc9f16d653f690df4af1e268b6726735ecd26764b845eb254dc3c593efa21 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/712/10/#15-scope-and-scope-exceptions) SEC content: no #### Overall Guidance ##### [712-10-15-1](https://asc.understandingaccounting.org/asc/712/10/#712-10-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:24.509Z to 2026-09-10T00:58:24.509Z Record version: sha256:309485269837d6c235d5df8c33d86d45be0a43e5d247f538eae2258ebea463a7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Scope Section of the Overall Subtopic establishes the pervasive scope for the Compensation—Nonretirement Postemployment Benefits Topic. #### Entities ##### [712-10-15-2](https://asc.understandingaccounting.org/asc/712/10/#712-10-15-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:24.509Z to 2026-09-10T00:58:24.509Z Record version: sha256:6fea22f61f10933e03920978f9f9d3baba5d3e7658562e6324a727705901ee60 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in the Compensation—Nonretirement Postemployment Benefits Topic applies to all entities and all employers that offer or have offered termination or [other postemployment benefits](https://asc.understandingaccounting.org/glossary/o/#other-postemployment-benefits "Benefits, other than special or contractual termination benefits, that are provided by an employer to former or inactive employees after employment but before retirement including benefits provided to beneficiaries and covered dependents.") to employees and former employees in connection with their termination of employment or their transfer to inactive status. The benefits covered by this Topic are paid before retirement and are not paid from a pension or other postretirement plan. #### Transactions ##### [712-10-15-3](https://asc.understandingaccounting.org/asc/712/10/#712-10-15-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:24.509Z to 2026-09-10T00:58:24.509Z Record version: sha256:77e425387fab47c54e980d17a7e62667257d57e9cc817cc4fdfc08dea31f50ea Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in the Compensation—Nonretirement Postemployment Benefits Topic applies to the following [nonretirement postemployment benefits](https://asc.understandingaccounting.org/glossary/n/#nonretirement-postemployment-benefits "All types of benefits, other than those provided through a pension or other postretirement plan (see Subtopics 715-30 and 715-60), provided to former or inactive employees, their beneficiaries, and covered dependents."): 1. a Special or contractual [termination benefits](https://asc.understandingaccounting.org/glossary/t/#termination-benefits "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.") that are payable before retirement and are not payable from a pension or other postretirement plan. 2. b All types of other postemployment benefits provided to former or [inactive employees](https://asc.understandingaccounting.org/glossary/i/#inactive-employees "Employees who are not currently rendering service to the employer and who have not been terminated. They include those who have been laid off and those on disability leave, regardless of whether they are expected to return to active status."), their beneficiaries, and covered dependents after employment but before retirement. Benefits may be provided in cash or in kind and may be paid as a result of a disability, layoff, death, or other event. Benefits may be paid immediately upon cessation of active employment or over a specified period of time. Employees' rights to benefits may accumulate or vest as they render service. See paragraph [710-10-25-1(b)](https://asc.understandingaccounting.org/asc/710/10/#710-10-25-1) for a description of the meaning of accumulate or vest. ##### [712-10-15-4](https://asc.understandingaccounting.org/asc/712/10/#712-10-15-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:24.509Z to 2026-09-10T00:58:24.509Z Record version: sha256:0a5ceb72d7210e29a79c0e072e2afab60be06bc77d913ba60a1fa900b8ab4631 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Topic does not apply to the following benefits: 1. a Benefits provided through a pension or postretirement benefit plan (See Subtopics 715-30 and 715-60, which specify the accounting for those costs.) 2. b Individual deferred compensation arrangements that are addressed by Subtopic 710-10 3. c Special or contractual termination benefits, payable upon termination, from a defined benefit pension plan, or payable upon retirement, covered by Subtopic 715-30. 4. d Special or contractual termination benefits other than pension (for example, welfare benefits), payable upon termination from a defined benefit other postretirement plan, or payable upon retirement, covered under Subtopic 715-60. 5. e One-time termination benefits covered in Subtopic 420-10 (see the following paragraph). 6. f Stock compensation plans that are addressed by Topic 718. #### Other Considerations ##### [712-10-15-5](https://asc.understandingaccounting.org/asc/712/10/#712-10-15-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:24.509Z to 2026-09-10T00:58:24.509Z Record version: sha256:00c8b05ba7ac2afca04d6d365f3109d4762b149464a8b93a3bb1a7834fba2e82 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. As indicated in paragraph [420-10-05-4](https://asc.understandingaccounting.org/asc/420/10/#420-10-05-4), accounting for termination benefits granted in connection with an exit or disposal activity will differ depending on whether the benefits payable are considered an enhancement to an ongoing benefit arrangement, (covered by this Subtopic or Subtopics referenced in the preceding paragraph) or provided under a one-time termination arrangement covered by Topic 420. For guidance on making this determination, see paragraph [420-10-55-1](https://asc.understandingaccounting.org/asc/420/10/#420-10-55-1) and Example 5 (paragraph [420-10-55-16](https://asc.understandingaccounting.org/asc/420/10/#420-10-55-16)). Source downloaded (UTC): 2026-09-10T00:58:30.412Z to 2026-09-10T00:58:30.412Z Record version: sha256:17fb62b16bd8d045b01dd16cd33d30170a5c63b4a6e8f90a01afcfc7c2a152ef Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/712/10/#25-recognition) SEC content: no #### Special Termination Benefits ##### [712-10-25-1](https://asc.understandingaccounting.org/asc/712/10/#712-10-25-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:30.412Z to 2026-09-10T00:58:30.412Z Record version: sha256:68c2c09ec76f273d4e6e8270b9b4bf6777b3094fede9c700d3e4a413e6571734 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Nonretirement postemployment benefits](https://asc.understandingaccounting.org/glossary/n/#nonretirement-postemployment-benefits "All types of benefits, other than those provided through a pension or other postretirement plan (see Subtopics 715-30 and 715-60), provided to former or inactive employees, their beneficiaries, and covered dependents.") offered as [special termination benefits](https://asc.understandingaccounting.org/glossary/s/#special-termination-benefits "Benefits that are offered for a short period of time in exchange for employees' voluntary termination of service.") to employees shall be recognized as a liability and a loss when the employees accept the offer and the amount can be reasonably estimated. An employer that offers, for a short period of time, special termination benefits to employees, shall not recognize a loss at the date the offer is made based on the estimated acceptance rate. #### Contractual Termination Benefits ##### [712-10-25-2](https://asc.understandingaccounting.org/asc/712/10/#712-10-25-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:30.412Z to 2026-09-10T00:58:30.412Z Record version: sha256:bf4a8c51943fd884c13029aefa997a97bfde66a0e1d84ffd552916424c4d48ad Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An employer that provides contractual [termination benefits](https://asc.understandingaccounting.org/glossary/t/#termination-benefits "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.") shall recognize a liability and a loss when it is probable that employees will be entitled to benefits and the amount can be reasonably estimated. The cost of termination benefits recognized as a liability and a loss shall include the amount of any lump-sum payments and the present value of any expected future payments. ##### [712-10-25-3](https://asc.understandingaccounting.org/asc/712/10/#712-10-25-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:30.412Z to 2026-09-10T00:58:30.412Z Record version: sha256:61e6c909bda4ccaebef4318dbe13c07a36082964cb95e0af0a14844e16066518 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A situation involving special or contractual termination benefits may also constitute a curtailment to be accounted for under paragraphs [715-30-35-92 through 35-96](https://asc.understandingaccounting.org/asc/715/30/#715-30-35-92) and [715-60-35-161 through 35-171](https://asc.understandingaccounting.org/asc/715/60/#715-60-35-161) . #### Determining the Timing and Method of Accruing Other Postemployment Benefits ##### [712-10-25-4](https://asc.understandingaccounting.org/asc/712/10/#712-10-25-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:30.412Z to 2026-09-10T00:58:30.412Z Record version: sha256:d378a32e85868a5777394f8db04164f83225015abeb6466ca38d0a2681796fb4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Other postemployment benefits](https://asc.understandingaccounting.org/glossary/o/#other-postemployment-benefits "Benefits, other than special or contractual termination benefits, that are provided by an employer to former or inactive employees after employment but before retirement including benefits provided to beneficiaries and covered dependents.") that meet the conditions in paragraph [710-10-25-1](https://asc.understandingaccounting.org/asc/710/10/#710-10-25-1) shall be accounted for in accordance with Subtopic 710-10. ##### [712-10-25-5](https://asc.understandingaccounting.org/asc/712/10/#712-10-25-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:30.412Z to 2026-09-10T00:58:30.412Z Record version: sha256:cf9a085f15993d86088e03caeb3613b0e29ee87e6338a841b0bec0e34b6de7e7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Other postemployment benefits that are within the scope of this Subtopic and that do not meet the conditions in paragraph [710-10-25-1](https://asc.understandingaccounting.org/asc/710/10/#710-10-25-1) shall be accounted for in accordance with paragraph [450-20-25-2](https://asc.understandingaccounting.org/asc/450/20/#450-20-25-2). For example, an employer may provide any former employee on permanent disability with continued medical insurance coverage until that employee meets the requirements for participation in the employer's postretirement medical plan. If the level of benefits provided is the same for any disabled employee regardless of years of service, the cost of those benefits should be recognized when the event causing a permanent disability occurs and a reasonable estimate can be made as specified by that paragraph. Source downloaded (UTC): 2026-09-10T00:58:32.873Z to 2026-09-10T00:58:32.873Z Record version: sha256:abde52c68475b4276579b26905862c492f44a08d6178be616a2a70261191f608 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10-30: 30 Initial Measurement [Read section](https://asc.understandingaccounting.org/asc/712/10/#30-initial-measurement) SEC content: no ##### [712-10-30-1](https://asc.understandingaccounting.org/asc/712/10/#712-10-30-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:32.873Z to 2026-09-10T00:58:32.873Z Record version: sha256:d01ec8c4911b92c121062e21cb566ea6aaf5ed513954e019fe26aefed8736562 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. See Section 712-10-25 for guidance on initial measurement. Source downloaded (UTC): 2026-09-10T00:58:36.248Z to 2026-09-10T00:58:36.248Z Record version: sha256:d1f9f49ffc8bfde8441761d15877fa3dc02e717e90ab80ee8ecd6d55462864fc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/712/10/#35-subsequent-measurement) SEC content: no ##### [712-10-35-1](https://asc.understandingaccounting.org/asc/712/10/#712-10-35-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:36.248Z to 2026-09-10T00:58:36.248Z Record version: sha256:3c1b3bc97910748df0c9db72ceec16e3b6f52d6816be09987323dfd39ae05550 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. To the extent that similar issues apply to other postemployment benefit plans, employers may refer to Subtopics 715-30 and 715-60 for guidance in measuring their other postemployment obligations in compliance with the requirements of this Subtopic. As a result, the use of discounting in measuring other postemployment benefit obligations will continue to be permitted but not required. Source downloaded (UTC): 2026-09-10T00:58:38.697Z to 2026-09-10T00:58:38.697Z Record version: sha256:cc3bd92141312552cb2ac248a51e08556932d9dbd3feb62230641671cfc6d686 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/712/10/#50-disclosure) SEC content: no #### Termination Benefits ##### [712-10-50-1](https://asc.understandingaccounting.org/asc/712/10/#712-10-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:38.697Z to 2026-09-10T00:58:38.697Z Record version: sha256:01c9f675b72666d9b4ef1c7d8ad8e27450aa1257073d171df910523504ccaabf Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on disclosure requirements related to special and contractual [termination benefits](https://asc.understandingaccounting.org/glossary/t/#termination-benefits "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."), see paragraph [715-20-50-1](https://asc.understandingaccounting.org/asc/715/20/#715-20-50-1). #### Other Postemployment Benefits ##### [712-10-50-2](https://asc.understandingaccounting.org/asc/712/10/#712-10-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:38.697Z to 2026-09-10T00:58:38.697Z Record version: sha256:9acb0bb1a35ff6fab8b91a46469af672242c5156c1575c4a56f89b1d95aacb01 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an obligation for [other postemployment benefits](https://asc.understandingaccounting.org/glossary/o/#other-postemployment-benefits "Benefits, other than special or contractual termination benefits, that are provided by an employer to former or inactive employees after employment but before retirement including benefits provided to beneficiaries and covered dependents.") is not accrued in accordance with paragraphs [450-20-25-2](https://asc.understandingaccounting.org/asc/450/20/#450-20-25-2) or [710-10-25-1](https://asc.understandingaccounting.org/asc/710/10/#710-10-25-1) only because the amount cannot be reasonably estimated, the financial statements shall disclose that fact. Source downloaded (UTC): 2026-09-10T00:58:40.404Z to 2026-09-10T00:58:40.404Z Record version: sha256:20192a04e638dd14bf4d7b815a0cf64d8324b852c19aa359b72fad7752678edb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 712-10-60: 60 Relationships [Read section](https://asc.understandingaccounting.org/asc/712/10/#60-relationships) SEC content: no #### Business Combinations ##### [712-10-60-1](https://asc.understandingaccounting.org/asc/712/10/#712-10-60-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:40.404Z to 2026-09-10T00:58:40.404Z Record version: sha256:f7fc135a6a4d3134155646f71383a483b3805bebbaffa4ceb2ac29814899daba Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on recognition of liabilities for contractual [termination benefits](https://asc.understandingaccounting.org/glossary/t/#termination-benefits "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.") or changing benefit plan assumptions in anticipation of a business combination, see Subtopic 805-20. #### Consolidation ##### [712-10-60-2](https://asc.understandingaccounting.org/asc/712/10/#712-10-60-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:58:40.404Z to 2026-09-10T00:58:40.404Z Record version: sha256:887f60f93b918ae06c66e0ac78b4db61e87cbe03d8ac823c11786d87a6cc6b63 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance prohibiting the consolidation of an employee benefit plan subject to the provisions of this Subtopic, see paragraph [810-10-15-12(a)](https://asc.understandingaccounting.org/asc/810/10/#810-10-15-12).