{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/810/940/#sec-40-derecognition","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":"810","topic_title":"Consolidation","subtopic":"810-940","subtopic_title":"Financial Services—Brokers and Dealers","section":{"number":"S40","label":"SEC 40 Derecognition","anchor":"sec-40-derecognition","is_sec":true,"groups":[{"block":null,"heading":"Certain Transfers of Nonperforming Assets","paragraphs":[{"citation":"810-940-S40-1","para":"S40-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_F059992C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">See paragraph <a href=\"/asc/810/942/#810-942-S99-1\" class=\"xref\">942-810-S99-1</a>, SAB Topic 5.V, for SEC Staff views on accounting for certain transfers of nonperforming assets. </span></span></div></div>","snippet":"See paragraph 942-810-S99-1, SAB Topic 5.V, for SEC Staff views on accounting for certain transfers of nonperforming assets.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:afbd9b625a59375af7b9546de03bde534edf815b5e1155536aebfbfab32874f8","downloaded_from":"2026-09-10T01:31:31.139Z","last_downloaded_at":"2026-09-10T01:31:31.139Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478340","source_sha256":"0679af9814bc33ace33cf5d471f3073cf4082cc2d2023340982eabe12393c2c4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:98441a921e0b3af122b77b167ac769fab46996fd3a09c04f8b30ea5f3ab24922","downloaded_from":"2026-09-10T01:31:31.139Z","last_downloaded_at":"2026-09-10T01:31:31.139Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478340","source_sha256":"0679af9814bc33ace33cf5d471f3073cf4082cc2d2023340982eabe12393c2c4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cae76c22c3d68a492fe8a89926b206f0fdaf6d8f130b40fad8aa8d701614622b","downloaded_from":"2026-09-10T01:31:31.139Z","last_downloaded_at":"2026-09-10T01:31:31.139Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478340","source_sha256":"0679af9814bc33ace33cf5d471f3073cf4082cc2d2023340982eabe12393c2c4"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cae76c22c3d68a492fe8a89926b206f0fdaf6d8f130b40fad8aa8d701614622b","downloaded_from":"2026-09-10T01:31:31.139Z","last_downloaded_at":"2026-09-10T01:31:31.139Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478340","source_sha256":"0679af9814bc33ace33cf5d471f3073cf4082cc2d2023340982eabe12393c2c4"}}