# ASC 805-944-S25: Business Combinations — Financial Services—Insurance — SEC 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/805/944/#sec-25-recognition)

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## ASC 805-944-S25: SEC 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/805/944/#sec-25-recognition)

SEC content: yes

#### Accounting by the Purchaser for a Seller's Guarantee of the Adequacy of Liabilities for Losses and Loss Adjustment Expenses Acquired in a Purchase Business Combination

##### [805-944-S25-1](https://asc.understandingaccounting.org/asc/805/944/#805-944-S25-1)

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See paragraph [944-805-S99-1](https://asc.understandingaccounting.org/asc/805/944/#805-944-S99-1), SEC Observer Comment: Accounting by the Purchaser for a Seller's Guarantee of the Adequacy of Liabilities for Losses and Loss Adjustment Expenses Acquired in a Purchase Business Combination, for related SEC Staff views.