# ASC 805-20-S55: Business Combinations — Identifiable Assets and Liabilities, and Any Noncontrolling Interest — SEC 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/805/20/#sec-55-implementation-guidance-and-illustrations)

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): 2026-09-10T01:23:55.305Z to 2026-09-10T01:23:55.305Z

Record version: sha256:66689cb841ee2d91c6bed2f5589a64436eee4872ac3de5cd5aa160cd4ee5a5cf

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 805-20-S55: SEC 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/805/20/#sec-55-implementation-guidance-and-illustrations)

SEC content: yes

##### [805-20-S55-1](https://asc.understandingaccounting.org/asc/805/20/#805-20-S55-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:23:55.305Z to 2026-09-10T01:23:55.305Z

Record version: sha256:259011721a5404f95a2307203141446c0e5c33eaa32494c1075360baee1abdc0

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2012-03](https://asc.understandingaccounting.org/updates/asu-2012-03/).

##### [805-20-S55-2](https://asc.understandingaccounting.org/asc/805/20/#805-20-S55-2)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:23:55.305Z to 2026-09-10T01:23:55.305Z

Record version: sha256:d6ecfbccce9b267698aeec269d28d63542470b2a93be6815d50e2da4adcf2f02

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Accounting Standards Update No. 2012-03](https://asc.understandingaccounting.org/updates/asu-2012-03/).