{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/954/#25-recognition","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":"815-954","subtopic_title":"Health Care Entities","section":{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"815-954-25-1","para":"25-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_2B323D4A-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Not-for-profit, business-oriented health care entities do not frequently enter into foreign currency hedges. Therefore, this guidance focuses on matters pertaining to fair value and cash flow hedges. </span></span></div></div>","snippet":"Not-for-profit, business-oriented health care entities do not frequently enter into foreign currency hedges. Therefore, this guidance focuses on matters pertaining to fair value and cash flow hedges.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7556883732f4b6c7662bf5f78f4af47a2388f69bc5b1bf6b89bfb5cbad2f938e","downloaded_from":"2026-09-10T01:40:58.420Z","last_downloaded_at":"2026-09-10T01:40:58.420Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478799","source_sha256":"d505a32232fd674f6e8aae70238d19d4500c4e3e6b0e0ac4ab65129204a470e0"}},{"citation":"815-954-25-2","para":"25-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_2B323E92-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Except as provided in paragraph <a href=\"/asc/815/954/#815-954-50-1\" class=\"xref\">954-815-50-1</a>, not-for-profit health care entities shall apply the provisions of Topic <a altsource=\"GUID-128369CC-8E3A-4A7E-8F25-33E42B0761E4.ditamap\" class=\"ditamap\">815</a> (including the provisions pertaining to cash flow hedge accounting) in the same manner as for-profit entities. That is, the gain or loss items that affect a for-profit entity's income from continuing operations similarly shall affect the not-for-profit health care entity's <a href=\"/glossary/p/#performance-indicator\" class=\"term\" title=\"A performance indicator reports results of operations. A performance indicator and the income from continuing operations reported by for-profit health care entities generally are consistent, except for transactions that clearly are not applicable to one kind of entity (for example, for-profit health care entities typically would not receive contributions, and not-for-profit health care entities would not award stock compensation). That is, a performance indicator is analogous to income from continuing operations of a for-profit entity.\"><span>performance indicator</span></a>, and the gain or loss items that are excluded from a for-profit entity's income from continuing operations (such as items reported in <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>) similarly shall be excluded from the performance indicator by the not-for-profit health care entity. </span></span></div></div>","snippet":"Except as provided in paragraph 954-815-50-1, not-for-profit health care entities shall apply the provisions of Topic 815 (including the provisions pertaining to cash flow hedge accounting) in the same manner as for-prof…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d0cde807bc530e90182111298658b4446c9dbc794f9c07e96759d2ee7922ddc7","downloaded_from":"2026-09-10T01:40:58.420Z","last_downloaded_at":"2026-09-10T01:40:58.420Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478799","source_sha256":"d505a32232fd674f6e8aae70238d19d4500c4e3e6b0e0ac4ab65129204a470e0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e4d02aaf897f76b6b1f25c9bfed920e2c1beffe66f1f77eb2681e6ceb5db11ac","downloaded_from":"2026-09-10T01:40:58.420Z","last_downloaded_at":"2026-09-10T01:40:58.420Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478799","source_sha256":"d505a32232fd674f6e8aae70238d19d4500c4e3e6b0e0ac4ab65129204a470e0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f1674c6af1c93ea08ea0171ce3ec893db35f27c56186def62124a79b359ac4ad","downloaded_from":"2026-09-10T01:40:58.420Z","last_downloaded_at":"2026-09-10T01:40:58.420Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478799","source_sha256":"d505a32232fd674f6e8aae70238d19d4500c4e3e6b0e0ac4ab65129204a470e0"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f1674c6af1c93ea08ea0171ce3ec893db35f27c56186def62124a79b359ac4ad","downloaded_from":"2026-09-10T01:40:58.420Z","last_downloaded_at":"2026-09-10T01:40:58.420Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478799","source_sha256":"d505a32232fd674f6e8aae70238d19d4500c4e3e6b0e0ac4ab65129204a470e0"}}