{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/10/#30-initial-measurement","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":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"815-10-30-1","para":"30-1","html":"All derivative instruments shall be measured initially at fair value. A contract recognized under paragraph 815-10-25-2 because it meets the definition of a derivative instrument after acquisition by an entity shall be measured initially at its then-current fair value. A forward commitment dollar roll that is not subject otherwise to this Subtopic's provisions shall be measured initially at fair value. Forward contracts and purchased options on debt securities within the scope of this Subsection designated as held to maturity, available for sale, or trading shall be measured initially in a manner consistent with the accounting prescribed by Topic 320 for that category of securities. Forward contracts and purchased options on equity securities within the scope of this Subsection shall be measured initially in a manner consistent with the accounting prescribed by Topic 321.