# ASC 815-15-00: Derivatives and Hedging — Embedded Derivatives — 00 Status

Source: FASB Accounting Standards Codification, Basic View

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## ASC 815-15-00: 00 Status

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##### [815-15-00-1](https://asc.understandingaccounting.org/asc/815/15/#815-15-00-1)

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The following table identifies the changes made to this Subtopic.

<table class="asc-table" id="SL6832124-128566"><tbody><tr><td class="entry"><strong class="ph b">Paragraph</strong></td><td class="entry"><strong class="ph b">Action</strong></td><td class="entry"><strong class="ph b">Accounting Standards Update</strong></td><td class="entry"><strong class="ph b">Date</strong></td></tr><tr><td class="entry"></td><td class="entry"></td><td class="entry"></td><td class="entry"></td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/b/#benchmark-interest-rate" class="term" title="A widely recognized and quoted rate in an active financial market that is broadly indicative of the overall level of interest rates attributable to high-credit-quality obligors in that market. It is a rate that is widely used in a given financial market as an underlying basis for determining the interest rates of individual financial instruments and commonly referenced in interest-rate-related transactions. In theory, the benchmark interest rate should be a risk-free rate (that is, has no risk of default). In some markets, government borrowing rates may serve as a benchmark. In other markets, the benchmark interest rate may be an interbank offered rate."><span>Benchmark Interest Rate</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2017-12/" class="xref">Accounting Standards Update No. 2017-12</a></td><td class="entry">08/28/2017</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/c/#commencement-date-of-the-lease-commencement-date" class="term" title="The date on which a lessor makes an underlying asset available for use by a lessee. See paragraphs 842-10-55-19842-10-55-20842-10-55-21 for implementation guidance on the commencement date."><span>Commencement Date of the Lease (Commencement Date)</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/c/#contract" class="term" title="An agreement between two or more parties that creates enforceable rights and obligations."><span>Contract</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/c/#credit-risk" class="term" title="For purposes of a hedged item in a fair value hedge, credit risk is the risk of changes in the hedged item's fair value attributable to both of the following: Changes in the obligor's creditworthiness Changes in the spread over the benchmark interest ratewith respect to the hedged item's credit sector at inception of the hedge. For purposes of a hedged transaction in a cash flow hedge, credit risk is the risk of changes in the hedged transaction's cash flows attributable to all of the following: Default Changes in the obligor's creditworthiness Changes in the spread over the contractually specified interest rate or the benchmark interest rate with respect to the related financial asset's or liability's credit sector at inception of the hedge."><span>Credit Risk</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2017-12/" class="xref">Accounting Standards Update No. 2017-12</a></td><td class="entry">08/28/2017</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/c/#credit-risk" class="term" title="For purposes of a hedged item in a fair value hedge, credit risk is the risk of changes in the hedged item's fair value attributable to both of the following: Changes in the obligor's creditworthiness Changes in the spread over the benchmark interest ratewith respect to the hedged item's credit sector at inception of the hedge. For purposes of a hedged transaction in a cash flow hedge, credit risk is the risk of changes in the hedged transaction's cash flows attributable to all of the following: Default Changes in the obligor's creditworthiness Changes in the spread over the contractually specified interest rate or the benchmark interest rate with respect to the related financial asset's or liability's credit sector at inception of the hedge."><span>Credit Risk</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-08/" class="xref">Accounting Standards Update No. 2010-08</a></td><td class="entry">02/02/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/e/#embedded-credit-derivative" class="term" title="An embedded derivative that is also a credit derivative."><span>Embedded Credit Derivative</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/f/#financial-instrument" class="term" title="Cash, evidence of an ownership interest in an entity, or a contract that both: Imposes on one entity a contractual obligation either: To deliver cash or another financial instrument to a second entity To exchange other financial instruments on potentially unfavorable terms with the second entity. Conveys to that second entity a contractual right either: To receive cash or another financial instrument from the first entity To exchange other financial instruments on potentially favorable terms with the first entity. The use of the term financial instrument in this definition is recursive (because the term financial instrument is included in it), though it is not circular. The definition requires a chain of contractual obligations that ends with the delivery of cash or an ownership interest in an entity. Any number of obligations to deliver financial instruments can be links in a chain that qualifies a particular contract as a financial instrument. Contractual rights and contractual obligations encompass both those that are conditioned on the occurrence of a specified event and those that are not. All contractual rights (contractual obligations) that are financial instruments meet the definition of asset (liability) set forth in FASB Concepts Statement No. 6, Elements of Financial Statements, although some may not be recognized as assets (liabilities) in financial statements—that is, they may be off-balance-sheet—because they fail to meet some other criterion for recognition. For some financial instruments, the right is held by or the obligation is due from (or the obligation is owed to or by) a group of entities rather than a single entity. (P) December 16, 2024; (N) December 16, 2025105-10-65-9Cash, evidence of an ownership interest in an entity, or a contract that both: Imposes on one entity a contractual obligation either: To deliver cash or another financial instrument to a second entity To exchange other financial instruments on potentially unfavorable terms with the second entity. Conveys to that second entity a contractual right either: To receive cash or another financial instrument from the first entity To exchange other financial instruments on potentially favorable terms with the first entity. The use of the term financial instrument in this definition is recursive (because the term financial instrument is included in it), though it is not circular. The definition requires a chain of contractual obligations that ends with the delivery of cash or an ownership interest in an entity. Any number of obligations to deliver financial instruments can be links in a chain that qualifies a particular contract as a financial instrument. Contractual rights and contractual obligations encompass both those that are conditioned on the occurrence of a specified event and those that are not. Some contractual rights (contractual obligations) that are financial instruments may not be recognized in financial statements—that is, they may be off-balance-sheet—because they fail to meet some other criterion for recognition. For some financial instruments, the right is held by or the obligation is due from (or the obligation is owed to or by) a group of entities rather than a single entity."><span>Financial Instrument</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2024-02/" class="xref">Accounting Standards Update No. 2024-02</a></td><td class="entry">03/29/2024</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/f/#financial-liability" class="term" title="A contract that imposes on one entity an obligation to do either of the following:Deliver cash or another financial instrument to a second entity Exchange other financial instruments on potentially unfavorable terms with the second entity."><span>Financial Liability</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-03/" class="xref">Accounting Standards Update No. 2018-03</a></td><td class="entry">02/28/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/i/#interest-rate-risk" class="term" title="For recognized variable-rate financial instruments and forecasted issuances or purchases of variable-rate financial instruments, interest rate risk is the risk of changes in the hedged item's cash flows attributable to changes in the contractually specified interest rate in the agreement. For recognized fixed-rate financial instruments, interest rate risk is the risk of changes in the hedged item's fair value attributable to changes in the designated benchmark interest rate. For forecasted issuances or purchases of fixed-rate financial instruments, interest rate risk is the risk of changes in the hedged item's cash flows attributable to changes in the designated benchmark interest rate."><span>Interest Rate Risk</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2017-12/" class="xref">Accounting Standards Update No. 2017-12</a></td><td class="entry">08/28/2017</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/l/#lease" class="term" title="A contract, or part of a contract, that conveys the right to control the use of identified property, plant, or equipment (an identified asset) for a period of time in exchange for consideration."><span>Lease</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/l/#lessee" class="term" title="An entity that enters into a contract to obtain the right to use an underlying asset for a period of time in exchange for consideration."><span>Lessee</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/l/#lessor" class="term" title="An entity that enters into a contract to provide the right to use an underlying asset for a period of time in exchange for consideration."><span>Lessor</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/m/#market-risk-benefit" class="term" title="A contract or contract feature in a long-duration contract issued by an insurance entity that both protects the contract holder from other-than-nominal capital market risk and exposes the insurance entity to other-than-nominal capital market risk."><span>Market Risk Benefit</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/o/#other-comprehensive-income" class="term" title="Revenues, expenses, gains, and losses that under generally accepted accounting principles (GAAP) are included in comprehensive income but excluded from net income."><span>Other Comprehensive Income</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/asc-pdf/GUID-EFA6D1D7-EED2-443D-BBD3-C6F2E960EBE3.pdf" class="pdf-link" target="_blank" rel="noopener">Maintenance Update 2014-20 (PDF)</a></td><td class="entry">09/29/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/p/#payout-phase" class="term" title="The period during which the contract holder is receiving periodic payments from an annuity, also referred to as the annuitization phase."><span>Payout Phase</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-06/" class="xref">Accounting Standards Update No. 2014-06</a></td><td class="entry">03/14/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/p/#public-business-entity" class="term" title="A public business entity is a business entity meeting any one of the criteria below. Neither a not-for-profit entity nor an employee benefit plan is a business entity. It is required by the U.S. Securities and Exchange Commission (SEC) to file or furnish financial statements, or does file or furnish financial statements (including voluntary filers), with the SEC (including other entities whose financial statements or financial information are required to be or are included in a filing). It is required by the Securities Exchange Act of 1934 (the Act), as amended, or rules or regulations promulgated under the Act, to file or furnish financial statements with a regulatory agency other than the SEC. It is required to file or furnish financial statements with a foreign or domestic regulatory agency in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer. It has issued, or is a conduit bond obligor for, securities that are traded, listed, or quoted on an exchange or an over-the-counter market. It has one or more securities that are not subject to contractual restrictions on transfer, and it is required by law, contract, or regulation to prepare U.S. GAAP financial statements (including notes) and make them publicly available on a periodic basis (for example, interim or annual periods). An entity must meet both of these conditions to meet this criterion. An entity may meet the definition of a public business entity solely because its financial statements or financial information is included in another entity's filing with the SEC. In that case, the entity is only a public business entity for purposes of financial statements that are filed or furnished with the SEC."><span>Public Business Entity</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/asc-pdf/GUID-86B34FCD-7B0A-4349-8682-E212043FD47A.pdf" class="pdf-link" target="_blank" rel="noopener">Maintenance Update 2017-06 (PDF)</a></td><td class="entry">04/07/2017</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/p/#public-business-entity" class="term" title="A public business entity is a business entity meeting any one of the criteria below. Neither a not-for-profit entity nor an employee benefit plan is a business entity. It is required by the U.S. Securities and Exchange Commission (SEC) to file or furnish financial statements, or does file or furnish financial statements (including voluntary filers), with the SEC (including other entities whose financial statements or financial information are required to be or are included in a filing). It is required by the Securities Exchange Act of 1934 (the Act), as amended, or rules or regulations promulgated under the Act, to file or furnish financial statements with a regulatory agency other than the SEC. It is required to file or furnish financial statements with a foreign or domestic regulatory agency in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer. It has issued, or is a conduit bond obligor for, securities that are traded, listed, or quoted on an exchange or an over-the-counter market. It has one or more securities that are not subject to contractual restrictions on transfer, and it is required by law, contract, or regulation to prepare U.S. GAAP financial statements (including notes) and make them publicly available on a periodic basis (for example, interim or annual periods). An entity must meet both of these conditions to meet this criterion. An entity may meet the definition of a public business entity solely because its financial statements or financial information is included in another entity's filing with the SEC. In that case, the entity is only a public business entity for purposes of financial statements that are filed or furnished with the SEC."><span>Public Business Entity</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/asc-pdf/GUID-8C0B93FE-237A-4BFA-8880-FE749B3CAFCB.pdf" class="pdf-link" target="_blank" rel="noopener">Maintenance Update 2016-11 (PDF)</a></td><td class="entry">06/27/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/p/#public-business-entity" class="term" title="A public business entity is a business entity meeting any one of the criteria below. Neither a not-for-profit entity nor an employee benefit plan is a business entity. It is required by the U.S. Securities and Exchange Commission (SEC) to file or furnish financial statements, or does file or furnish financial statements (including voluntary filers), with the SEC (including other entities whose financial statements or financial information are required to be or are included in a filing). It is required by the Securities Exchange Act of 1934 (the Act), as amended, or rules or regulations promulgated under the Act, to file or furnish financial statements with a regulatory agency other than the SEC. It is required to file or furnish financial statements with a foreign or domestic regulatory agency in preparation for the sale of or for purposes of issuing securities that are not subject to contractual restrictions on transfer. It has issued, or is a conduit bond obligor for, securities that are traded, listed, or quoted on an exchange or an over-the-counter market. It has one or more securities that are not subject to contractual restrictions on transfer, and it is required by law, contract, or regulation to prepare U.S. GAAP financial statements (including notes) and make them publicly available on a periodic basis (for example, interim or annual periods). An entity must meet both of these conditions to meet this criterion. An entity may meet the definition of a public business entity solely because its financial statements or financial information is included in another entity's filing with the SEC. In that case, the entity is only a public business entity for purposes of financial statements that are filed or furnished with the SEC."><span>Public Business Entity</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-16/" class="xref">Accounting Standards Update No. 2014-16</a></td><td class="entry">11/03/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/r/#readily-convertible-to-cash" class="term" title="Assets that are readily convertible to cash have both of the following: Interchangeable (fungible) units Quoted prices available in an active market that can rapidly absorb the quantity held by the entity without significantly affecting the price. (Based on paragraph 83(a) of FASB Concepts Statement No. 5, Recognition and Measurement in Financial Statements of Business Enterprises.)(P) December 16, 2024; (N) December 16, 2025105-10-65-9Assets that are readily convertible to cash have both of the following: Interchangeable (fungible) units Quoted prices available in an active market that can rapidly absorb the quantity held by the entity without significantly affecting the price."><span>Readily Convertible to Cash</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2024-02/" class="xref">Accounting Standards Update No. 2024-02</a></td><td class="entry">03/29/2024</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/r/#remeasurement-event" class="term" title="A remeasurement (new basis) event is an event identified in other authoritative accounting literature, other than the measurement of an impairment under Topic 321 or credit loss under Topic 326, that requires a financial instrument to be remeasured to its fair value at the time of the event but does not require that financial instrument to be reported at fair value continually with the change in fair value recognized in earnings. Examples of remeasurement events are business combinations and significant modifications of debt as discussed in paragraph 470-50-40-6."><span>Remeasurement Event</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-13/" class="xref">Accounting Standards Update No. 2016-13</a></td><td class="entry">06/16/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/t/#transaction" class="term" title="An external event involving transfer of something of value (future economic benefit) between two (or more) entities. (See FASB Concepts Statement No. 6, Elements of Financial Statements.)(P) December 16, 2024; (N) December 16, 2025105-10-65-9An external event involving transfer of something of value (future economic benefit) between two (or more) entities."><span>Transaction</span></a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2024-02/" class="xref">Accounting Standards Update No. 2024-02</a></td><td class="entry">03/29/2024</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/u/#underlying-asset" class="term" title="An asset that is the subject of a lease for which a right to use that asset has been conveyed to a lessee. The underlying asset could be a physically distinct portion of a single asset."><span>Underlying Asset</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/glossary/v/#variable-lease-payments" class="term" title="Payments made by a lessee to a lessor for the right to use an underlying asset that vary because of changes in facts or circumstances occurring after the commencement date, other than the passage of time."><span>Variable Lease Payments</span></a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"></td><td class="entry"></td><td class="entry"></td><td class="entry"></td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-15-6" class="xref">815-15-15-6</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-01/" class="xref">Accounting Standards Update No. 2016-01</a></td><td class="entry">01/05/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-15-8" class="xref">815-15-15-8</a></td><td class="entry">Superseded</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-15-9" class="xref">815-15-15-9</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-1" class="xref">815-15-25-1</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-09/" class="xref">Accounting Standards Update No. 2018-09</a></td><td class="entry">07/16/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-4" class="xref">815-15-25-4</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-03/" class="xref">Accounting Standards Update No. 2018-03</a></td><td class="entry">02/28/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-5" class="xref">815-15-25-5</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-13/" class="xref">Accounting Standards Update No. 2016-13</a></td><td class="entry">06/16/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-5" class="xref">815-15-25-5</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-01/" class="xref">Accounting Standards Update No. 2016-01</a></td><td class="entry">01/05/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-14" class="xref">815-15-25-14</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-06/" class="xref">Accounting Standards Update No. 2020-06</a></td><td class="entry">08/05/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-15" class="xref">815-15-25-15</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-06/" class="xref">Accounting Standards Update No. 2020-06</a></td><td class="entry">08/05/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-16" class="xref">815-15-25-16</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-16/" class="xref">Accounting Standards Update No. 2014-16</a></td><td class="entry">11/03/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-16" class="xref">815-15-25-16</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-17" class="xref">815-15-25-17</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-16/" class="xref">Accounting Standards Update No. 2014-16</a></td><td class="entry">11/03/2014</td></tr><tr><td class="entry"><div class="xref-range displayInline"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-17A" class="xref">815-15-25-17A through 25-17D</a></div></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-16/" class="xref">Accounting Standards Update No. 2014-16</a></td><td class="entry">11/03/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-18" class="xref">815-15-25-18</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-20" class="xref">815-15-25-20</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-16/" class="xref">Accounting Standards Update No. 2014-16</a></td><td class="entry">11/03/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-22" class="xref">815-15-25-22</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-26" class="xref">815-15-25-26</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-08/" class="xref">Accounting Standards Update No. 2010-08</a></td><td class="entry">02/02/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-37" class="xref">815-15-25-37</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><div class="xref-range displayInline"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-40" class="xref">815-15-25-40 through 25-42</a></div></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-08/" class="xref">Accounting Standards Update No. 2010-08</a></td><td class="entry">02/02/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-40" class="xref">815-15-25-40</a></td><td class="entry">Superseded</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-41" class="xref">815-15-25-41</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-42" class="xref">815-15-25-42</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-25-51A" class="xref">815-15-25-51A</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-30-3" class="xref">815-15-30-3</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2012-04/" class="xref">Accounting Standards Update No. 2012-04</a></td><td class="entry">10/01/2012</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-35-3" class="xref">815-15-35-3</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/asc-pdf/GUID-EFA6D1D7-EED2-443D-BBD3-C6F2E960EBE3.pdf" class="pdf-link" target="_blank" rel="noopener">Maintenance Update 2014-20 (PDF)</a></td><td class="entry">09/29/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-45-2" class="xref">815-15-45-2</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-03/" class="xref">Accounting Standards Update No. 2018-03</a></td><td class="entry">02/28/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-50-2" class="xref">815-15-50-2</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2025-11/" class="xref">Accounting Standards Update No. 2025-11</a></td><td class="entry">12/08/2025</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-4" class="xref">815-15-55-4</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-7" class="xref">815-15-55-7</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-02/" class="xref">Accounting Standards Update No. 2016-02</a></td><td class="entry">02/25/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-8" class="xref">815-15-55-8</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2012-04/" class="xref">Accounting Standards Update No. 2012-04</a></td><td class="entry">10/01/2012</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-13" class="xref">815-15-55-13</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-08/" class="xref">Accounting Standards Update No. 2010-08</a></td><td class="entry">02/02/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-18" class="xref">815-15-55-18</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2012-04/" class="xref">Accounting Standards Update No. 2012-04</a></td><td class="entry">10/01/2012</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-35" class="xref">815-15-55-35</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-37" class="xref">815-15-55-37</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-39" class="xref">815-15-55-39</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-43" class="xref">815-15-55-43</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-45" class="xref">815-15-55-45</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-47" class="xref">815-15-55-47</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-54" class="xref">815-15-55-54</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-55" class="xref">815-15-55-55</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-55" class="xref">815-15-55-55</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2012-04/" class="xref">Accounting Standards Update No. 2012-04</a></td><td class="entry">10/01/2012</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-57" class="xref">815-15-55-57</a></td><td class="entry">Superseded</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-57" class="xref">815-15-55-57</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-06/" class="xref">Accounting Standards Update No. 2014-06</a></td><td class="entry">03/14/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-58" class="xref">815-15-55-58</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><div class="xref-range displayInline"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-59" class="xref">815-15-55-59 through 55-61</a></div></td><td class="entry">Superseded</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-62" class="xref">815-15-55-62</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-67" class="xref">815-15-55-67</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-69" class="xref">815-15-55-69</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-74" class="xref">815-15-55-74</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-75" class="xref">815-15-55-75</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2018-12/" class="xref">Accounting Standards Update No. 2018-12</a></td><td class="entry">08/15/2018</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-76A" class="xref">815-15-55-76A</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-06/" class="xref">Accounting Standards Update No. 2020-06</a></td><td class="entry">08/05/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-76B" class="xref">815-15-55-76B</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-06/" class="xref">Accounting Standards Update No. 2020-06</a></td><td class="entry">08/05/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-99" class="xref">815-15-55-99</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2012-04/" class="xref">Accounting Standards Update No. 2012-04</a></td><td class="entry">10/01/2012</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-124" class="xref">815-15-55-124</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-165" class="xref">815-15-55-165</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-166" class="xref">815-15-55-166</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-169" class="xref">815-15-55-169</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-210" class="xref">815-15-55-210</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/asc-pdf/GUID-70615411-74CB-4021-945F-C1356FD64A28.pdf" class="pdf-link" target="_blank" rel="noopener">Maintenance Update 2020-18 (PDF)</a></td><td class="entry">11/25/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-212" class="xref">815-15-55-212</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-08/" class="xref">Accounting Standards Update No. 2010-08</a></td><td class="entry">02/02/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-216" class="xref">815-15-55-216</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-19/" class="xref">Accounting Standards Update No. 2016-19</a></td><td class="entry">12/14/2016</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-218" class="xref">815-15-55-218</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-06/" class="xref">Accounting Standards Update No. 2020-06</a></td><td class="entry">08/05/2020</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-219" class="xref">815-15-55-219</a></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2020-06/" class="xref">Accounting Standards Update No. 2020-06</a></td><td class="entry">08/05/2020</td></tr><tr><td class="entry"><div class="xref-range displayInline"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-224" class="xref">815-15-55-224 through 55-226</a></div></td><td class="entry">Amended</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><div class="xref-range displayInline"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-55-226A" class="xref">815-15-55-226A through 55-226D</a></div></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-11/" class="xref">Accounting Standards Update No. 2010-11</a></td><td class="entry">03/05/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-65-1" class="xref">815-15-65-1</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2010-08/" class="xref">Accounting Standards Update No. 2010-08</a></td><td class="entry">02/02/2010</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-65-2" class="xref">815-15-65-2</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2014-16/" class="xref">Accounting Standards Update No. 2014-16</a></td><td class="entry">11/03/2014</td></tr><tr><td class="entry"><a href="https://asc.understandingaccounting.org/asc/815/15/#815-15-65-3" class="xref">815-15-65-3</a></td><td class="entry">Added</td><td class="entry"><a href="https://asc.understandingaccounting.org/updates/asu-2016-06/" class="xref">Accounting Standards Update No. 2016-06</a></td><td class="entry">03/14/2016</td></tr></tbody></table>