{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/805/10/#65-transition-and-open-effective-date-information","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":"805","topic_title":"Business Combinations","subtopic":"805-10","subtopic_title":"Overall","section":{"number":"65","label":"65 Transition and Open Effective Date Information","anchor":"65-transition-and-open-effective-date-information","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"805-10-65-1","para":"65-1","html":"
Paragraph superseded on 07/01/2010 after the end of the transition period stated in FASB Statement No. 141 (Revised 2007), Business Combinations, and No. 164, Not-for-Profit Entities: Mergers and Acquisitions.
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Paragraph superseded on 06/18/2012 after the end of the transition period stated in Accounting Standards Update No. 2010-29, Business Combinations (Topic 805): Disclosure of Supplementary Pro Forma Information for Business Combinations.
","snippet":"Paragraph superseded on 06/18/2012 after the end of the transition period stated in Accounting Standards Update No. 2010-29, Business Combinations (Topic 805): Disclosure of Supplementary Pro Forma Information for Busine…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:00d684dd0677683357401277607942ac57d3259ecb3cb895863fff3f7021ee8c","downloaded_from":"2026-09-10T01:22:40.178Z","last_downloaded_at":"2026-09-10T01:22:40.178Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479279","source_sha256":"d41ddd803ffa4efb6af73442d7044678d43bd4e09a3185d38b2d79d4489f4c46"}},{"citation":"805-10-65-3","para":"65-3","html":"
Paragraph superseded on 06/20/2018 after the end of the transition period stated in Accounting Standards Update No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments.
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Accounting Standards Update 2017-01
2019-6-17
2017-12-16
2017-12-16
2018-12-16
2019-12-16
2018-12-16
2019-12-16
2018-12-16
2019-12-16
2018-12-16
2019-12-16
2018-12-16
2019-12-16
The following represents the transition and effective date information related to Accounting Standards Update No. 2017-01, Business Combinations (Topic 805): Clarifying the Definition of a Business:
  1. a
    The pending content that links to this paragraph shall be effective for public business entities for annual periods beginning after December 15, 2017, including interim periods within those periods.
  2. b
    The pending content that links to this paragraph shall be effective for all other entities for annual periods beginning after December 15, 2018, and interim periods within annual periods beginning after December 15, 2019.
  3. c
    Earlier application of the pending content that links to this paragraph is permitted for transactions for which the acquisition date occurs before the issuance date or the effective date of the pending content that links to this paragraph only when the transaction has not been reported in financial statements that have been issued or made available for issuance.
  4. d
    Earlier application of the pending content that links to this paragraph is permitted for transactions in which a subsidiary is deconsolidated or a group of assets is derecognized that occur before the issuance date or the effective date of the pending content that links to this paragraph only when the transaction has not been reported in financial statements issued or made available for issuance.
  5. e
    An entity shall apply the pending content that links to this paragraph prospectively as of the beginning of the period of adoption.
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Accounting Standards Update 2025-03
2028-6-13
2026-12-16
2026-12-16
2026-12-16
2026-12-16
2026-12-16
2026-12-16
2026-12-16
2026-12-16
2026-12-16
2026-12-16
2026-12-16
2026-12-16
The following represents the transition and effective date information related to Accounting Standards Update No. 2025-03, Business Combinations (Topic 805) and Consolidation (Topic 810): Determining the Accounting Acquirer in the Acquisition of a Variable Interest Entity:
Effective date and early adoption
  1. a
    All entities shall apply the pending content that links to this paragraph for annual reporting periods beginning after December 15, 2026, and interim reporting periods within those annual reporting periods.
  2. b
    Early adoption of the pending content that links to this paragraph is permitted in an interim or annual reporting period in which financial statements have not yet been issued (or made available for issuance). If an entity adopts the pending content that links to this paragraph in an interim reporting period, it shall adopt the pending content as of the beginning of that interim reporting period or the beginning of the annual reporting period that includes that interim reporting period.
Transition method
  1. c
    An entity shall apply the pending content that links to this paragraph on a prospective basis to all business combinations that have an acquisition date that occurs on or after the date of initial application of the pending content.
Transition disclosures
  1. d
    An entity applying the pending content that links to this paragraph shall disclose in both the interim reporting period (if applicable) and the annual reporting period of the change the nature of and reason for the change in accounting principle.
","snippet":"Accounting Standards Update 2025-03The following represents the transition and effective date information related to Accounting Standards Update No. 2025-03, Business Combinations (Topic 805) and Consolidation (Topic 810…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:27d93cbf48e2134c4e19424aa68949e084f11be3e3b9131fd51a8c99a7ccab60","downloaded_from":"2026-09-10T01:22:40.178Z","last_downloaded_at":"2026-09-10T01:22:40.178Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479279","source_sha256":"d41ddd803ffa4efb6af73442d7044678d43bd4e09a3185d38b2d79d4489f4c46"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:249be9ceda7655863f753b88ced1573f7695c6667d4802443263d2c4bcf6442a","downloaded_from":"2026-09-10T01:22:40.178Z","last_downloaded_at":"2026-09-10T01:22:40.178Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479279","source_sha256":"d41ddd803ffa4efb6af73442d7044678d43bd4e09a3185d38b2d79d4489f4c46"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aff6c3c006e4d95f4980dd2ac91234a458981330d2c00966bcf879f27e094d23","downloaded_from":"2026-09-10T01:22:40.178Z","last_downloaded_at":"2026-09-10T01:22:40.178Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479279","source_sha256":"d41ddd803ffa4efb6af73442d7044678d43bd4e09a3185d38b2d79d4489f4c46"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aff6c3c006e4d95f4980dd2ac91234a458981330d2c00966bcf879f27e094d23","downloaded_from":"2026-09-10T01:22:40.178Z","last_downloaded_at":"2026-09-10T01:22:40.178Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479279","source_sha256":"d41ddd803ffa4efb6af73442d7044678d43bd4e09a3185d38b2d79d4489f4c46"}}