{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/40/#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":"815-40","subtopic_title":"Contracts in Entity's Own Equity","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"815-40-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_C1C0495A-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">All contracts within the scope of this Subtopic shall be initially measured at <a href=\"/glossary/f/#fair-value\" class=\"term\" title=\"The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.\"><span>fair value</span></a>. </span></span></div></div>","snippet":"All contracts within the scope of this Subtopic shall be initially measured at fair value.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:67f06521a12d3e948937e05c60cb9acb6c781a7276697437e8a8f7fad41fa2a1","downloaded_from":"2026-09-10T01:39:02.866Z","last_downloaded_at":"2026-09-10T01:39:02.866Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480331","source_sha256":"28f06d8d265e1fd073904bafa1598fcdadb8ac49a93985f8d50985f591383f7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9966d17873018e6369d8d43fa29a8b441453178b455c908f177eaa5f720edbba","downloaded_from":"2026-09-10T01:39:02.866Z","last_downloaded_at":"2026-09-10T01:39:02.866Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480331","source_sha256":"28f06d8d265e1fd073904bafa1598fcdadb8ac49a93985f8d50985f591383f7f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e840d2c2e0c7869469e8a398b38a2c11e50ff5b5173a0388777deb95a128c373","downloaded_from":"2026-09-10T01:39:02.866Z","last_downloaded_at":"2026-09-10T01:39:02.866Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480331","source_sha256":"28f06d8d265e1fd073904bafa1598fcdadb8ac49a93985f8d50985f591383f7f"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e840d2c2e0c7869469e8a398b38a2c11e50ff5b5173a0388777deb95a128c373","downloaded_from":"2026-09-10T01:39:02.866Z","last_downloaded_at":"2026-09-10T01:39:02.866Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480331","source_sha256":"28f06d8d265e1fd073904bafa1598fcdadb8ac49a93985f8d50985f591383f7f"}}