{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/35/#40-derecognition","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"815","topic_title":"Derivatives and Hedging","subtopic":"815-35","subtopic_title":"Net Investment Hedges","section":{"number":"40","label":"40 Derecognition","anchor":"40-derecognition","is_sec":false,"groups":[{"block":null,"heading":"Discontinuing Hedge Accounting","paragraphs":[{"citation":"815-35-40-1","para":"40-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"> <span class=\"sfragment\" id=\"sfr_C0D73022-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">When applying the guidance in paragraph <a href=\"/asc/815/35/#815-35-35-5A\" class=\"xref\">815-35-35-5A</a> and a hedge is discontinued, any amounts that have not yet been recognized in earnings shall remain in the cumulative translation adjustment section of accumulated other comprehensive income until the hedged net investment is sold or liquidated in accordance with paragraphs <a href=\"/asc/830/30/#830-30-40-1\" class=\"xref\">830-30-40-1 through 40-1A</a>.</span></span> </div> </div>","snippet":"When applying the guidance in paragraph 815-35-35-5A and a hedge is discontinued, any amounts that have not yet been recognized in earnings shall remain in the cumulative translation adjustment section of accumulated oth…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a66b4aa9f3c49e2b85598bef9c283f5b6790c03cc8062ea0a01660ec161bfe58","downloaded_from":"2026-09-10T01:38:34.699Z","last_downloaded_at":"2026-09-10T01:38:34.699Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480599","source_sha256":"75cdd3baecce401614422bf1812724a9b9dc9cddeb65e581db02f50e86f3119a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:70834b310a2052bfbd2dd0bfac697145b10e8452aa0913e42801c727977329a0","downloaded_from":"2026-09-10T01:38:34.699Z","last_downloaded_at":"2026-09-10T01:38:34.699Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480599","source_sha256":"75cdd3baecce401614422bf1812724a9b9dc9cddeb65e581db02f50e86f3119a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bc979a9b6672581a2554ca550f07540c08d1bfe878b585424df161546f9e3a3b","downloaded_from":"2026-09-10T01:38:34.699Z","last_downloaded_at":"2026-09-10T01:38:34.699Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480599","source_sha256":"75cdd3baecce401614422bf1812724a9b9dc9cddeb65e581db02f50e86f3119a"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bc979a9b6672581a2554ca550f07540c08d1bfe878b585424df161546f9e3a3b","downloaded_from":"2026-09-10T01:38:34.699Z","last_downloaded_at":"2026-09-10T01:38:34.699Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480599","source_sha256":"75cdd3baecce401614422bf1812724a9b9dc9cddeb65e581db02f50e86f3119a"}}