{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/805/50/#50-disclosure","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":"805-50","subtopic_title":"Related Issues","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":"Transactions between Entities under Common Control","heading":null,"paragraphs":[{"citation":"805-50-50-1","para":"50-1","html":"
Paragraphs
805-50-45-1 through 45-5
provide guidance on financial statement presentation in the period of transfer and for periods before the transfer of assets and liabilities between entities under common control. This Subsection addresses incremental disclosures related to such a transaction.
","snippet":"Paragraphs 805-50-45-1 through 45-5 provide guidance on financial statement presentation in the period of transfer and for periods before the transfer of assets and liabilities between entities under common control. This…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:44fb7d21feedb0ec78f1674e912cbfde15014f6b8d62e355ab1b97a1c1ed159c","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}},{"citation":"805-50-50-2","para":"50-2","html":"
The nature of and effects on earnings per share (EPS) of nonrecurring intra-entity transactions involving long-term assets and liabilities is not required to be eliminated under the guidance in paragraph 805-50-45-3 but shall be disclosed.
","snippet":"The nature of and effects on earnings per share (EPS) of nonrecurring intra-entity transactions involving long-term assets and liabilities is not required to be eliminated under the guidance in paragraph 805-50-45-3 but …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ea25fc50b8465ce3edf828fe9dda57ce6a3547a8a088f7e49bd4cf9b7cc0f237","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}},{"citation":"805-50-50-3","para":"50-3","html":"
The notes to financial statements of the receiving entity shall disclose the following for the period in which the transfer of assets and liabilities or exchange of equity interests occurred:
  1. a
    The name and brief description of the entity included in the reporting entity as a result of the net asset transfer or exchange of equity interests
  2. b
    The method of accounting for the transfer of net assets or exchange of equity interests.
","snippet":"The notes to financial statements of the receiving entity shall disclose the following for the period in which the transfer of assets and liabilities or exchange of equity interests occurred:\n(a) The name and brief descr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a6387f040ac200a8b73a569441dbf093607801c35755eb8aa5477b6bdcfa149c","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}},{"citation":"805-50-50-4","para":"50-4","html":"
The receiving entity also shall consider whether additional disclosures are required in accordance with Section 850-10-50, which provides guidance on related party transactions and certain common control relationships.
","snippet":"The receiving entity also shall consider whether additional disclosures are required in accordance with Section 850-10-50, which provides guidance on related party transactions and certain common control relationships.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:edb1ed064baef77db1edfb6411bf71acdf7cfbbf90f41d75b75c455319505b87","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e3aac30bd5add1d694e58040ac3727143083f6d4f89c83ab289f5ead6e204f9b","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}},{"block":"Pushdown Accounting","heading":null,"paragraphs":[{"citation":"805-50-50-5","para":"50-5","html":"
If an acquiree elects the option to apply pushdown accounting in its separate financial statements, it shall disclose information in the period in which the pushdown accounting was applied (or in the current reporting period if the acquiree recognizes adjustments that relate to pushdown accounting) that enables users of financial statements to evaluate the effect of pushdown accounting. To meet this disclosure objective, the acquiree shall consider the disclosure requirements in other Subtopics of Topic 805.
","snippet":"If an acquiree elects the option to apply pushdown accounting in its separate financial statements, it shall disclose information in the period in which the pushdown accounting was applied (or in the current reporting pe…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:10161a9647657f63f178c3a690a7b6dca249c39b1c5bd0382b8f4ebb87b5a0ed","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}},{"citation":"805-50-50-6","para":"50-6","html":"
Information to evaluate the effect of pushdown accounting may include the following:
  1. a
    The name and a description of the acquirer and a description of how the acquirer obtained control of the acquiree.
  2. b
    The acquisition date.
  3. c
    The acquisition-date fair value of the total consideration transferred by the acquirer.
  4. d
    The amounts recognized by the acquiree as of the acquisition date for each major class of assets and liabilities as a result of applying pushdown accounting. If the initial accounting for pushdown accounting is incomplete for any amounts recognized by the acquiree, the reasons why the initial accounting is incomplete.
  5. e
    A qualitative description of the factors that make up the goodwill recognized, such as expected synergies from combining operations of the acquiree and the acquirer, or intangible assets that do not qualify for separate recognition, or other factors. In a bargain purchase (see paragraphs
    805-30-25-2 through 25-4
    ), the amount of the bargain purchase recognized in additional paid-in capital (or net assets of a not-for-profit acquiree) and a description of the reasons why the transaction resulted in a gain.
  6. f
    Information to evaluate the financial effects of adjustments recognized in the current reporting period that relate to pushdown accounting that occurred in the current or previous reporting periods (including those adjustments made as a result of the initial accounting for pushdown accounting being incomplete [see paragraphs
    805-10-25-13 through 25-14
    ]).
The information in this paragraph is not an exhaustive list of disclosure requirements. The acquiree shall disclose whatever additional information is necessary to meet the disclosure objective set out in paragraph 805-50-50-5.
","snippet":"Information to evaluate the effect of pushdown accounting may include the following:\n(a) The name and a description of the acquirer and a description of how the acquirer obtained control of the acquiree.\n(b) The acquisit…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:98d99e9b0cf377d4442bae00bea4f69b069447d3bba3440dee50908d723df03a","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:32afff74de23e742a40eb7907623de854e2c3810e4642556da03aee6f47dfc15","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2434c013405d685f50ed7d50f8ecc401157dd0849e91c2549101f6dd8888e870","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2434c013405d685f50ed7d50f8ecc401157dd0849e91c2549101f6dd8888e870","downloaded_from":"2026-09-10T01:25:17.775Z","last_downloaded_at":"2026-09-10T01:25:17.775Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479936","source_sha256":"0914efc769483cdb3096ac7ed0e430a79595c106661bfc6dbe8770e21605d759"}}