# ASC 815-954-05: Derivatives and Hedging — Health Care Entities — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/815/954/#05-overview-and-background)

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.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-10T01:40:50.773Z to 2026-09-10T01:40:50.773Z

Record version: sha256:0870b501e59d68b975f417c358db503bb49c73540fb985d6fe0cbfc2195161a1

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 815-954-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/815/954/#05-overview-and-background)

SEC content: no

##### [815-954-05-1](https://asc.understandingaccounting.org/asc/815/954/#815-954-05-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:40:50.773Z to 2026-09-10T01:40:50.773Z

Record version: sha256:1889e003442fd6b54fa9f584e8040ad9f265bab7ba63319f3535ff95864ef242

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


This Subtopic provides guidance on accounting for derivative instruments and hedging activities for not-for-profit, business-oriented health care entities.