{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/25/#00-status","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":"815-25","subtopic_title":"Fair Value Hedges","section":{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"815-25-00-1","para":"00-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following table identifies the changes made to this Subtopic.</div><div class=\"norm-text\"><table class=\"asc-table\" id=\"SL50390578-158758\"><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=\"/glossary/b/#beneficial-interests\" class=\"term\" title=\"Rights to receive all or portions of specified cash inflows received by a trust or other entity, including, but not limited to, all of the following: Senior and subordinated shares of interest, principal, or other cash inflows to be passed-through or paid-through Premiums due to guarantors Commercial paper obligations Residual interests, whether in the form of debt or equity.\"><span>Beneficial Interests</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/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=\"/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=\"/glossary/h/#hedged-layer\" class=\"term\" title=\"The hedged item designated in a portfolio layer method hedging relationship, representing a stated amount or stated amounts of a closed portfolio of financial assets or one or more beneficial interests secured by a portfolio of financial instruments that is not expected to be affected by prepayments, defaults, or other factors affecting the timing and amount of cash flows for the designated hedge period.\"><span>Hedged Layer</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/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=\"/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=\"/glossary/l/#london-interbank-offered-rate-libor-swap-rate\" class=\"term\" title=\"The fixed rate on a single-currency, constant-notional interest rate swap that has its variable-rate leg referenced to the London Interbank Offered Rate (LIBOR) with no additional spread over LIBOR on that variable-rate leg. That fixed rate is the derived rate that would result in the swap having a zero fair value at inception because the present value of fixed cash flows, based on that rate, equate to the present value of the variable cash flows.\"><span>London Interbank Offered Rate (LIBOR) Swap Rate</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2018-16/\" class=\"xref\">Accounting Standards Update No. 2018-16</a></td><td class=\"entry\">10/25/2018</td></tr><tr><td class=\"entry\"><strong class=\"ph b\">London Interbank Offered Rate Swap Rate</strong></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2018-16/\" class=\"xref\">Accounting Standards Update No. 2018-16</a></td><td class=\"entry\">10/25/2018</td></tr><tr><td class=\"entry\"><a href=\"/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=\"/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=\"/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=\"/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=\"/glossary/r/#recorded-investment\" class=\"term\" title=\"The amount of the investment in a loan, which is not net of a valuation allowance, but which does reflect any direct write-down of the investment. However, if a loan is a hedged item in a fair value hedge, the amount of that loan's recorded investment should include the unamortized amount of the cumulative fair value hedge adjustments.\"><span>Recorded Investment</span></a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2015-10/\" class=\"xref\">Accounting Standards Update No. 2015-10</a></td><td class=\"entry\">06/12/2015</td></tr><tr><td class=\"entry\"><a href=\"/glossary/s/#spot-rate\" class=\"term\" title=\"The exchange rate for immediate delivery of currencies exchanged.\"><span>Spot Rate</span></a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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=\"/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=\"/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\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-05-1\" class=\"xref\">815-25-05-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-1\" class=\"xref\">815-25-35-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-35-1\" class=\"xref\">815-25-35-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-2\" class=\"xref\">815-25-35-2</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-3\" class=\"xref\">815-25-35-3</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-4\" class=\"xref\">815-25-35-4</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-5\" class=\"xref\">815-25-35-5</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-6\" class=\"xref\">815-25-35-6</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-35-6\" class=\"xref\">815-25-35-6</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-6\" class=\"xref\">815-25-35-6</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-7\" class=\"xref\">815-25-35-7</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-7A\" class=\"xref\">815-25-35-7A</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-35-7A\" class=\"xref\">815-25-35-7A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-35-9\" class=\"xref\">815-25-35-9 through 35-12</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-35-9A\" class=\"xref\">815-25-35-9A</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2019-04/\" class=\"xref\">Accounting Standards Update No. 2019-04</a></td><td class=\"entry\">04/25/2019</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-35-9A\" class=\"xref\">815-25-35-9A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-35-10\" class=\"xref\">815-25-35-10 through 35-12</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-35-11\" class=\"xref\">815-25-35-11 through 35-14</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-11\" class=\"xref\">815-25-35-11</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2015-10/\" class=\"xref\">Accounting Standards Update No. 2015-10</a></td><td class=\"entry\">06/12/2015</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-35-13A\" class=\"xref\">815-25-35-13A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-13B\" class=\"xref\">815-25-35-13B</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-35-13B\" class=\"xref\">815-25-35-13B</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2019-04/\" class=\"xref\">Accounting Standards Update No. 2019-04</a></td><td class=\"entry\">04/25/2019</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-35-13B\" class=\"xref\">815-25-35-13B</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-35-19\" class=\"xref\">815-25-35-19</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-40-1A\" class=\"xref\">815-25-40-1A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2016-05/\" class=\"xref\">Accounting Standards Update No. 2016-05</a></td><td class=\"entry\">03/10/2016</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-40-2\" class=\"xref\">815-25-40-2</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-40-7\" class=\"xref\">815-25-40-7 through 40-9</a></div></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-40-7A\" class=\"xref\">815-25-40-7A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-40-8\" class=\"xref\">815-25-40-8</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-40-8A\" class=\"xref\">815-25-40-8A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-40-9\" class=\"xref\">815-25-40-9</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-40-9A\" class=\"xref\">815-25-40-9A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-50-1\" class=\"xref\">815-25-50-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-1\" class=\"xref\">815-25-55-1</a></td><td class=\"entry\">Superceded</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-55-1\" class=\"xref\">815-25-55-1</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-1A\" class=\"xref\">815-25-55-1A through 55-1E</a></div></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2022-01/\" class=\"xref\">Accounting Standards Update No. 2022-01</a></td><td class=\"entry\">03/28/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-55-4\" class=\"xref\">815-25-55-4</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-6\" class=\"xref\">815-25-55-6 through 55-8</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-10\" class=\"xref\">815-25-55-10 through 55-13</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-17\" class=\"xref\">815-25-55-17</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-18\" class=\"xref\">815-25-55-18 through 55-22</a></div></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-23\" class=\"xref\">815-25-55-23</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-26\" class=\"xref\">815-25-55-26</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-27\" class=\"xref\">815-25-55-27</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-29\" class=\"xref\">815-25-55-29 through 55-31</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-34\" class=\"xref\">815-25-55-34 through 55-36</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-38\" class=\"xref\">815-25-55-38</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-39\" class=\"xref\">815-25-55-39</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-42\" class=\"xref\">815-25-55-42</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-43\" class=\"xref\">815-25-55-43</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-46\" class=\"xref\">815-25-55-46</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-49\" class=\"xref\">815-25-55-49</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-51\" class=\"xref\">815-25-55-51</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-52\" class=\"xref\">815-25-55-52</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-55\" class=\"xref\">815-25-55-55 through 55-58</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-56A\" class=\"xref\">815-25-55-56A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-56B\" class=\"xref\">815-25-55-56B</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-61\" class=\"xref\">815-25-55-61</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-61A\" class=\"xref\">815-25-55-61A through 55-61C</a></div></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-62\" class=\"xref\">815-25-55-62 through 55-68</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-63\" class=\"xref\">815-25-55-63 through 55-67</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/asc-pdf/GUID-A9A0D53D-6B0C-4858-88D0-A1E7A970B952.pdf\" class=\"pdf-link\" target=\"_blank\" rel=\"noopener\">Maintenance Update 2014-07 (PDF)</a></td><td class=\"entry\">03/17/2014</td></tr><tr><td class=\"entry\"><a href=\"/asc/815/25/#815-25-55-65\" class=\"xref\">815-25-55-65</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-65\" class=\"xref\">815-25-55-65</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-71\" class=\"xref\">815-25-55-71</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-72\" class=\"xref\">815-25-55-72</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-74\" class=\"xref\">815-25-55-74 through 55-77</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-78\" class=\"xref\">815-25-55-78 through 55-83</a></div></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-85\" class=\"xref\">815-25-55-85 through 55-87</a></div></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-85\" class=\"xref\">815-25-55-85</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-88\" class=\"xref\">815-25-55-88</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-88A\" class=\"xref\">815-25-55-88A</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-89\" class=\"xref\">815-25-55-89</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-89\" class=\"xref\">815-25-55-89</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/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\"><div class=\"xref-range displayInline\"><a href=\"/asc/815/25/#815-25-55-91\" class=\"xref\">815-25-55-91 through 55-108</a></div></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/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=\"/asc/815/25/#815-25-55-99\" class=\"xref\">815-25-55-99</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2019-04/\" class=\"xref\">Accounting Standards Update No. 2019-04</a></td><td class=\"entry\">04/25/2019</td></tr></table></div></div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nBeneficial Interests | Added | Accounting Standards Update No. 2022-01 | 03/28/2022 |\nFi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5769ce981ffa92c1b42891d811903a232be908c7ea447c1c5878f4d425cd4379","downloaded_from":"2026-09-10T01:37:04.984Z","last_downloaded_at":"2026-09-10T01:37:04.984Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480466","source_sha256":"31ff5ce5f662e6eb95c36c01caf892c813c2670952b15cf6f131db21bcba2dbe"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b60079b82978f7f1c5fd251a30166942a924e8a3b852be6ac7c0ce33af1f1924","downloaded_from":"2026-09-10T01:37:04.984Z","last_downloaded_at":"2026-09-10T01:37:04.984Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480466","source_sha256":"31ff5ce5f662e6eb95c36c01caf892c813c2670952b15cf6f131db21bcba2dbe"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0f4d3df87211eb6f7c1f1eceed5080dc578acab33de8fd3a5ef31f8a095f9390","downloaded_from":"2026-09-10T01:37:04.984Z","last_downloaded_at":"2026-09-10T01:37:04.984Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480466","source_sha256":"31ff5ce5f662e6eb95c36c01caf892c813c2670952b15cf6f131db21bcba2dbe"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0f4d3df87211eb6f7c1f1eceed5080dc578acab33de8fd3a5ef31f8a095f9390","downloaded_from":"2026-09-10T01:37:04.984Z","last_downloaded_at":"2026-09-10T01:37:04.984Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480466","source_sha256":"31ff5ce5f662e6eb95c36c01caf892c813c2670952b15cf6f131db21bcba2dbe"}}