{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/10/#25-recognition","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":"815","topic_title":"Derivatives and Hedging","subtopic":"815-10","subtopic_title":"Overall","section":{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"815-10-25-1","para":"25-1","html":"
An entity shall recognize all of its derivative instruments in its statement of financial position as either assets or liabilities depending on the rights or obligations under the contracts.
","snippet":"An entity shall recognize all of its derivative instruments in its statement of financial position as either assets or liabilities depending on the rights or obligations under the contracts.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e311547c6cef103fe99aea2619de4dbc8c086e93554dab916051d789cbcceaf2","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-2","para":"25-2","html":"
If a contract that did not meet the definition of a derivative instrument at acquisition by the entity meets the definition of a derivative instrument after acquisition by the entity, the contract shall be recognized immediately as either an asset or liability with the offsetting entry recorded in earnings.
","snippet":"If a contract that did not meet the definition of a derivative instrument at acquisition by the entity meets the definition of a derivative instrument after acquisition by the entity, the contract shall be recognized imm…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:961e9f192de57a9390306ca385896ee9de905f3ce96a81a7b5e712fbcca25511","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-3","para":"25-3","html":"
If a contract ceases to be a derivative instrument pursuant to this Subtopic and an asset or liability had been recorded for that contract, the carrying amount of that contract becomes its cost basis and the entity shall apply other generally accepted accounting principles (GAAP) that are applicable to that contract prospectively from the date that the contract ceased to be a derivative instrument. If the derivative instrument had been designated in a cash flow hedging relationship and a gain or loss is recorded in accumulated other comprehensive income, then the guidance in Sections 815-30-35 and 815-30-40 shall be applied accordingly.
","snippet":"If a contract ceases to be a derivative instrument pursuant to this Subtopic and an asset or liability had been recorded for that contract, the carrying amount of that contract becomes its cost basis and the entity shall…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3a990cf2897915664bcafc21e106ba98024b40a8817650e771371542040216f1","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-4","para":"25-4","html":"
Synthetic instrument accounting is prohibited.
","snippet":"Synthetic instrument accounting is prohibited.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e879967e56c014983606f68f20de86a2ea6b3605dd37a2d9e014d0636c26d681","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-5","para":"25-5","html":"
The remainder of this Section addresses the following matters:
  1. a
    Unit of accounting for recognition purposes
  2. b
    Subparagraph not used.
  3. c
    Forward commitment dollar rolls
  4. d
    Derivative financial instruments subject to a registration payment arrangement.
Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:
606-10-65-3The remainder of this Section addresses the following matters:
  1. a
    Unit of accounting for recognition purposes
  2. b
    Subparagraph not used.
  3. c
    Forward commitment dollar rolls
  4. d
    Derivative financial instruments subject to a registration payment arrangement
  5. e
    Share-based noncash consideration from a customer for the transfer of goods or services under Topic 606
  6. f
    Share-based noncash consideration from a counterparty for the transfer of nonfinancial assets or in substance nonfinancial assets under Subtopic 610-20.
","snippet":"The remainder of this Section addresses the following matters:\n(a) Unit of accounting for recognition purposes\n(b) Subparagraph not used.\n(c) Forward commitment dollar rolls\n(d) Derivative financial instruments subject t…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6432e984d375facacc5d19c9c1439f3968798c9990dcf79350406a89920d8f53","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3cd4d7ac3ec6f523ee8534c3834299c753f0b84c9f7e7550c0ad265d8722066c","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"block":null,"heading":"Unit of Accounting for Recognition Purposes","paragraphs":[{"citation":"815-10-25-5A","para":"25-5A","html":"
This Section addresses the following unit of accounting questions with respect to recognition:
  1. a
    Viewing two freestanding derivative instruments as a unit. Whether two or more contracts that are derivative instruments within the scope application of this Subtopic should be viewed as a unit for recognition and other purposes—including for hedge accounting purposes—is addressed beginning in paragraph 815-10-25-6.
  2. b
    Viewing combinations of options as separate options or as a single forward contract. Whether combinations of options that individually are within the scope application of this Subtopic or Subtopic 815-15 should be viewed as separate options or as a single forward is addressed beginning in paragraph 815-10-25-7.
","snippet":"This Section addresses the following unit of accounting questions with respect to recognition:\n(a) Viewing two freestanding derivative instruments as a unit. Whether two or more contracts that are derivative instruments …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ff537d0e68213dea9d610bd579bfc7aab917f37dedefed937850bf57d1c7477c","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-5B","para":"25-5B","html":"
Paragraph 815-10-15-4A explains that Section 815-10-15 addresses the following unit of accounting questions on scope:
  1. a
    Viewing a contract as freestanding or embedded. Whether a feature should be viewed as freestanding or embedded in determining the scope application of this Subtopic and Subtopic 815-15 is addressed beginning in paragraph 815-10-15-5.
  2. b
    Viewing two or more contracts as a unit in applying the scope of this Subtopic. Whether two or more legally separate transactions should be viewed as a unit in determining the scope application of this Subtopic is addressed beginning in paragraph 815-10-15-8.
","snippet":"Paragraph 815-10-15-4A explains that Section 815-10-15 addresses the following unit of accounting questions on scope:\n(a) Viewing a contract as freestanding or embedded. Whether a feature should be viewed as freestanding…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d49cab9af071e4c1312d9ac6993c6b37bea11ec59621a994946021be9c54231e","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-6","para":"25-6","html":"
This Subtopic generally does not provide for the combination of separate financial instruments to be evaluated as a unit, unless, pursuant to paragraph 815-20-25-45, two or more derivative instruments in combination are jointly designated as a hedging instrument. If separate derivative instruments have all of the following characteristics, judgment shall be applied to determine whether the separate derivative instruments have been entered into in lieu of a structured transaction in an effort to circumvent GAAP:
  1. a
    They are entered into contemporaneously and in contemplation of one another. (See Example 18 [paragraph 815-10-55-171] for an illustration.)
  2. b
    They are entered into with the same counterparty.
  3. c
    They relate to the same risk.
  4. d
    There is no substantive business purpose for structuring the transactions separately.
If such a determination is made, the derivative instruments shall be viewed as a unit.
","snippet":"This Subtopic generally does not provide for the combination of separate financial instruments to be evaluated as a unit, unless, pursuant to paragraph 815-20-25-45, two or more derivative instruments in combination are …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d8f81b36a81f42edf703d93a83aa9997916a5a1265c71e9fd67110af488dd240","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-7","para":"25-7","html":"
This guidance addresses a combination of two options—one that is a purchased call (put) option and another that is a written put (call) option—having all of the following characteristics:
  1. a
    They have the same strike price, notional amount, and exercise date.
  2. b
    They have the same underlying.
  3. c
    Neither is required to be exercised.
","snippet":"This guidance addresses a combination of two options—one that is a purchased call (put) option and another that is a written put (call) option—having all of the following characteristics:\n(a) They have the same strike pr…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ceb2760183788475d2ab6d76c09e50665bddf06d7498ba1152ac4917bbeaa90c","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-8","para":"25-8","html":"
The guidance addresses such options in two contexts:
  1. a
    Combinations of two freestanding options or a freestanding and embedded option
  2. b
    Combinations of two embedded options.
","snippet":"The guidance addresses such options in two contexts:\n(a) Combinations of two freestanding options or a freestanding and embedded option\n(b) Combinations of two embedded options.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e5fd8cf0d8d2c2773c8ad4690eeba0b4fb6c301b1dd9c4071565b7cb63148b00","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-9","para":"25-9","html":"
Derivative instruments that are transferable are, by their nature, separate and distinct contracts. Accordingly, a separate freestanding purchased call (put) option and written put (call) option with all of the characteristics in paragraph 815-10-25-7 convey rights and obligations that are distinct whether involving the same or different counterparties and do not warrant bundling as a single forward contract for accounting purposes under this Subtopic by any party to the contracts. (The separate purchased option and written option can be viewed in combination and jointly designated as the hedging instrument pursuant to paragraph 815-20-25-45.)
","snippet":"Derivative instruments that are transferable are, by their nature, separate and distinct contracts. Accordingly, a separate freestanding purchased call (put) option and written put (call) option with all of the character…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bc6f53061db591b22c9f8f9cbd93e6df73463518b09ba236251f13b80b4b1ebc","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-9A","para":"25-9A","html":"
A combination of a freestanding purchased call (put) option and a freestanding or embedded (nontransferable) written put (call) option shall be considered for accounting purposes as separate option contracts, rather than a single forward contract, by both parties to the contracts even though all of the following conditions are met:
  1. a
    The options have the same terms.
  2. b
    The options have the same underlying.
  3. c
    The options are entered into contemporaneously with the same counterparty at inception.
","snippet":"A combination of a freestanding purchased call (put) option and a freestanding or embedded (nontransferable) written put (call) option shall be considered for accounting purposes as separate option contracts, rather than…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:147aa53ca62df5053e38da1a30e3de328aa8231ab0fe93a589c0e7e4fc94c3a8","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-9B","para":"25-9B","html":"
Both a combination of a freestanding purchased call (put) option and a freestanding or embedded (nontransferable) written put (call) option and a combination of a freestanding written call (put) option and an embedded (nontransferable) purchased put (call) option shall be considered for accounting purposes as separate option contracts, rather than a single forward contract, by both parties to the contracts even though all of the following conditions are met:
  1. a
    The options have the same terms.
  2. b
    The options have the same underlying.
  3. c
    The options are entered into contemporaneously with different counterparties at inception.
","snippet":"Both a combination of a freestanding purchased call (put) option and a freestanding or embedded (nontransferable) written put (call) option and a combination of a freestanding written call (put) option and an embedded (n…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0d2a09430378896607e0e77d38bb2d29b6ecdeae51e92003b6212446a36a2174","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-10","para":"25-10","html":"
A combination of an embedded (nontransferable) purchased call (put) option and an embedded (nontransferable) written put (call) option in a single hybrid instrument with all of the characteristics in paragraph 815-10-25-7and that are entered into contemporaneously with the same counterparty shall be considered as a single forward contract for purposes of applying the provisions of this Subtopic. The notion of the same counterparty encompasses contracts entered into directly with a single counterparty and contracts entered into with a single party that are structured through an intermediary. (Note that a share of stock being puttable by the holder and callable by the issuer under the same terms does not render the stock mandatorily redeemable under the provisions of Topic 480.) Topic 480 requires that mandatorily redeemable financial instruments be classified as liabilities.
","snippet":"A combination of an embedded (nontransferable) purchased call (put) option and an embedded (nontransferable) written put (call) option in a single hybrid instrument with all of the characteristics in paragraph 815-10-25-…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d4f627dce1c531dd3bcb7a424e8a646ad883d355fc46504b91c0d7a64a5dff3f","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-11","para":"25-11","html":"
The embedded options are in substance an embedded forward contract because they meet both of the following conditions:
  1. a
    They convey rights (to the holder) and obligations (to the writer) that are equivalent from an economic and risk perspective to an embedded forward contract.
  2. b
    They cannot be separated from the hybrid instrument in which they are embedded.
","snippet":"The embedded options are in substance an embedded forward contract because they meet both of the following conditions:\n(a) They convey rights (to the holder) and obligations (to the writer) that are equivalent from an ec…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a834d1618de19941d4923df41e35ab3b3f413090702c6af53a76125c3b44eae3","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-12","para":"25-12","html":"
Even though neither party is required to exercise its purchased option, the result of the overall structure is a hybrid instrument that will likely be redeemed at a point earlier than its stated maturity. That result is expected by both the hybrid instrument's issuer and investor regardless of whether the embedded feature that triggers the redemption is in the form of two separate options or a single forward contract.
","snippet":"Even though neither party is required to exercise its purchased option, the result of the overall structure is a hybrid instrument that will likely be redeemed at a point earlier than its stated maturity. That result is …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1228abac273aa897d7b61a5147fc14bd6d48de97ff8f515f60cefeac5fe4a251","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-13","para":"25-13","html":"
However, if either party is required to exercise its purchased option before the stated maturity date of the hybrid instrument, the hybrid instrument shall not be viewed for accounting purposes as containing one or more embedded derivatives. In substance, the debtor (issuer) and creditor (investor) have agreed to terms that accelerate the stated maturity of the hybrid instrument and the exercise date of the option is essentially the hybrid instrument's actual maturity date. As a result, it is inappropriate to characterize the hybrid instrument as containing either of the following:
  1. a
    Two embedded option contracts that are exercisable only on the actual maturity date
  2. b
    An embedded forward contract that is a combination of an embedded purchased call (put) and a written put (call) with the same terms.
","snippet":"However, if either party is required to exercise its purchased option before the stated maturity date of the hybrid instrument, the hybrid instrument shall not be viewed for accounting purposes as containing one or more …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eb7eb04086c4a3e1c1efefbd2d062b8853dcc35c7b3540683fcd14fa369aeea9","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-14","para":"25-14","html":"
Paragraph not used.
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Forward commitment dollar rolls that are not otherwise subject to this Subtopic's provisions shall be recognized as either assets or liabilities depending on the rights or obligations under the contracts.
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Paragraphs 825-20-25-2 and 825-20-30-2 require that a financial instrument subject to a registration payment arrangement be recognized and measured in accordance with other applicable GAAP (for example, this Subtopic) without regard to the contingent obligation to transfer consideration pursuant to the registration payment arrangement. That is, those paragraphs require that an entity recognize and measure a registration payment arrangement as a separate unit of account from the financial instrument(s) subject to that arrangement.
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Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:
606-10-65-3An entity shall not apply the guidance in this Topic to share-based noncash consideration from a customer for the transfer of goods or services unless and until the entity’s right to receive or retain the share-based noncash consideration is unconditional under Topic 606 in accordance with paragraph 606-10-15-3A.
","snippet":"Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:606-10-65-3An entity shall not apply the guidance in this Topic to share-based noncash consideration from a customer for the transfer of goo…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:252a76b44c2704644dfaf8978e428f2c588ccddac981664c1c198b213b6b76ea","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0be1f22ae43b39515f9a9c421d1720d04732882f5d771dc22d7488674f2aab2b","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"block":null,"heading":"Share-Based Noncash Consideration from a Counterparty for the Transfer of Nonfinancial Assets or In Substance Nonfinancial Assets under Subtopic 610-20","paragraphs":[{"citation":"815-10-25-16B","para":"25-16B","html":"
Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:
606-10-65-3An entity shall not apply the guidance in this Topic to share-based noncash consideration from a counterparty for the transfer of nonfinancial assets or in substance nonfinancial assets unless and until the entity’s right to receive or retain the share-based noncash consideration is unconditional under Subtopic 610-20 in accordance with paragraph 610-20-15-3A.
","snippet":"Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:606-10-65-3An entity shall not apply the guidance in this Topic to share-based noncash consideration from a counterparty for the transfer of…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:851325f3f4d935a3e506f941d5fba0228458f79fe56e558f809ef259aab810e3","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:100d501b2f1fb5a59e710a026f7e4fc84e10471ff64267390701795dbdb75959","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"block":"Certain Contracts on Debt and Equity Securities","heading":null,"paragraphs":[{"citation":"815-10-25-17","para":"25-17","html":"
Forward contracts and purchased options on debt securities within the scope of this Subsection (see the Certain Contracts on Debt and Equity Securities Subsection of Section 815-10-15) shall, at inception, be designated as held to maturity, available for sale, or trading in a manner consistent with the accounting prescribed by Topic 320 for debt securities. Such forward and option contracts are not eligible to be hedging instruments.
","snippet":"Forward contracts and purchased options on debt securities within the scope of this Subsection (see the Certain Contracts on Debt and Equity Securities Subsection of Section 815-10-15) shall, at inception, be designated …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4423d760ea8a2dc7fb6b6616c6774c46307bd78309ae1f70b0747d32ec8d0ec7","downloaded_from":"2026-09-10T01:35:04.738Z","last_downloaded_at":"2026-09-10T01:35:04.738Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480588","source_sha256":"414af06e2fe8178716721e5f3da931ff763d61d63817f1cbca45a20dfad6a771"}},{"citation":"815-10-25-18","para":"25-18","html":"
Forward contracts and purchased options on equity securities within the scope of this Subsection (see the Certain Contracts on Debt and Equity Securities Subsection of Section 815-10-15) shall, at inception, be recognized in a manner consistent with the accounting prescribed by Topic 321 for equity securities. Such forward and option contracts are not eligible to be hedging instruments.
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