{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/958/#05-overview-and-background","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":"815-958","subtopic_title":"Not-for-Profit Entities","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"815-958-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic only provides a link to guidance on embedded derivatives in an obligation arising from an irrevocable split-interest agreement.</div><div class=\"div pending-text\" id=\"pgroup_42E55C65-6E93-1014-A13F-6E4B94C84136__GUID-45218FA1-CDAF-4299-808D-DED3B77C2D93\"><div class=\"div date-effective\"><span class=\"transition-header\">Transition date:</span><span class=\"p-alphabet\">(P) December 16, 2026; (N) December 16, 2026</span><span class=\"transition-header pipe-separator\">Transition guidance:</span></div><a href=\"/asc/105/10/#105-10-65-10\" class=\"xref\">105-10-65-10</a>This Subtopic provides a link to guidance on embedded derivatives in an obligation arising from an irrevocable split-interest agreement <span class=\"sfragment\" id=\"GUID-718EBA18-8C36-490F-968E-C1A469493159\"><span class=\"sfragment-source\">and guidance on hedge documentation and hedge effectiveness assessments for certain not-for-profit entities. </span></span></div></div>","snippet":"This Subtopic only provides a link to guidance on embedded derivatives in an obligation arising from an irrevocable split-interest agreement.Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7ea79dc102c905015c0f4e72cce6f35c363e9d7b4ac6d1b77e9baf4b7615328c","downloaded_from":"2026-09-10T01:41:11.113Z","last_downloaded_at":"2026-09-10T01:41:11.113Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478231","source_sha256":"e8676a57c5e984f1cb6456f2c2c7d8da22c8e8fbccacf88eacdc99ee7f78dc0c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:778049f81a8029fb20065514d303292727b9a956e7c3d862593e045c05cfeef2","downloaded_from":"2026-09-10T01:41:11.113Z","last_downloaded_at":"2026-09-10T01:41:11.113Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478231","source_sha256":"e8676a57c5e984f1cb6456f2c2c7d8da22c8e8fbccacf88eacdc99ee7f78dc0c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:200ced7576ed6227a5651390e7a9e82638c3232dfba73635a3003efbf57eda02","downloaded_from":"2026-09-10T01:41:11.113Z","last_downloaded_at":"2026-09-10T01:41:11.113Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478231","source_sha256":"e8676a57c5e984f1cb6456f2c2c7d8da22c8e8fbccacf88eacdc99ee7f78dc0c"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:200ced7576ed6227a5651390e7a9e82638c3232dfba73635a3003efbf57eda02","downloaded_from":"2026-09-10T01:41:11.113Z","last_downloaded_at":"2026-09-10T01:41:11.113Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478231","source_sha256":"e8676a57c5e984f1cb6456f2c2c7d8da22c8e8fbccacf88eacdc99ee7f78dc0c"}}