# ASC 820-10-65: Fair Value Measurement — Overall — 65 Transition and Open Effective Date Information Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/820/10/#65-transition-and-open-effective-date-information) 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): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:00dc412cbec2949ae43897c3787d5fd36d658e00216dc519042ba23a7000cb75 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 820-10-65: 65 Transition and Open Effective Date Information [Read section](https://asc.understandingaccounting.org/asc/820/10/#65-transition-and-open-effective-date-information) SEC content: no ##### [820-10-65-1](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:b5b404395a0bf92d2acba018312401e9f07e016d680bc4155417851fb75d7d3b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 05/20/2010 after the end of the transition period stated in FASB Staff Position FAS 157-2, _Effective Date of FASB Statement No. 157_. ##### [820-10-65-2](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:79de58c80dda276ee5dd002ed49a8f0c2725fc7caaba539f2d74a231aefced46 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/). ##### [820-10-65-3](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:ec3137696a91137245a5ec1b7b2e733513f5a2e80e80f023a50c77af4fb28f15 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 07/01/2010 after the end of the transition period stated in EITF Issue No. 08-5, "Issuer's Accounting for Liabilities Measured at Fair Value with a Third-Party Credit Enhancement." ##### [820-10-65-4](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-4) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:398a46d7fb107112681f7c56a7f268640e9fbe99cf9cfd8f02780eb434ac0da3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 04/13/2010 after the end of the transition period stated in FASB Staff Position FAS 157-4, _Determining Fair Value When the Volume and Level of Activity for the Asset or Liability Have Significantly Decreased and Identifying Transactions That Are Not Orderly_. ##### [820-10-65-5](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-5) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:d11bbf802c72bd39c3ae1f87be322f1d10ced3be27ff08e5ef7955b8cbb05bc9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 04/13/2010 after the end of the transition period stated in Accounting Standards Update No. 2009-05, _Fair Value Measurements and Disclosures (Topic 820): Measuring Liabilities at Fair Value_. ##### [820-10-65-6](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-6) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:6cd2d3f38ea4e8a01d44e807acf737b186ca60528260bad682bf52def2604ff6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 07/01/2010 after the end of the transition period stated in Accounting Standards Update No. 2009-12, _Fair Value Measurements and Disclosures (Topic 820): Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)_. ##### [820-10-65-7](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-7) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:ee3037aebfa42734046035fde76bfcdb233d0e49cdeaf66cf52ed153bdfef3dd Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 06/18/2012 after the end of the transition period stated in Accounting Standards Update No. 2010-06, _Fair Value Measurements and Disclosures (Topic 820): Improving Disclosures about Fair Value Measurements_. ##### [820-10-65-8](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-8) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:29aaa6f3e542a6b25ce077cd58dc0ef57dd41dfcbcfb38c8f5e078bab39002f7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 06/17/2013 after the end of the transition period stated in Accounting Standards Update No. 2011-04, _Fair Value Measurement (Topic 820): Amendments to Achieve Common Fair Value Measurement and Disclosure Requirements in U.S. GAAP and IFRSs_. ##### [820-10-65-9](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-9) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:601430769fd9ff1852127a22da3a1ecb62887c7101ab834bccb4e533438d5e9b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2018-09](https://asc.understandingaccounting.org/updates/asu-2018-09/). ##### [820-10-65-10](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-10) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:d1a0c7b472a48000103eb6d3d4b1f6ae72d4e6dcfee6f3222fe13b28fe9110ce Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 06/20/2018 after the end of the transition period stated in Accounting Standards Update No. 2015-07, _Fair Value Measurement (Topic 820): Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent)_. ##### [820-10-65-11](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-11) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:97013603b28438320698615d57d89d870fc0352315edbec07c02b89580ed029f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 06/20/2018 after the end of the transition period stated in Accounting Standards Update No. 2016-19, _Technical Corrections and Improvements_. ##### [820-10-65-12](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-12) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:98d22c56ac0878b3bf02fa7b2e709bfe60fa99d4ad00258c95fa288914e1ac46 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 08/19/2021 after the end of the transition period stated in Accounting Standards Update No. 2018-13, _Fair Value Measurement (Topic 820): Disclosure Framework—Changes to the Disclosure Requirements for Fair Value Measurement._ ##### [820-10-65-13](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-13) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:c128d11a8f46423cdafe34c957f98b4914de8a4f4f1930e0be45d7de521a4786 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Paragraph superseded on 07/02/2026 after the end of the transition period stated in Accounting Standards Update No. 2022-03, _Fair Value Measurement (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions_. #### Transition Related to Accounting Standards Update No. 2026-03, Fair Value Measurement (Topic 820): Investment Companies with Equity Securities Subject to Contractual Sale Restrictions ##### [820-10-65-14](https://asc.understandingaccounting.org/asc/820/10/#820-10-65-14) Pending content: no Source downloaded (UTC): 2026-09-10T01:43:43.813Z to 2026-09-10T01:43:43.813Z Record version: sha256:16a085e9783346e3fb295caa979128328a4fad7a06147f08d182d75357ae32e5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Accounting Standards Update 2026-03](https://asc.understandingaccounting.org/updates/asu-2026-03/) 2029-06-13 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 2027-12-16 The following represents the transition and effective date information related to Accounting Standards Update No. 2026-03, _Fair Value Measurement (Topic 820): Investment Companies with Equity Securities Subject to Contractual Sale Restrictions_: **Effective date and early adoption** 1. a For investment companies within the scope of Topic 946, the pending content that links to this paragraph shall be effective for annual reporting periods beginning after December 15, 2027, and interim reporting periods within those annual reporting periods. 2. b Early adoption of the pending content that links to this paragraph is permitted on any date on or after September 9, 2026. That is, the date of adoption shall not precede September 9, 2026. An investment company within the scope of Topic 946 that adopts the pending content that links to this paragraph shall apply it prospectively in accordance with (c) beginning on the date of adoption. **Transition method** 1. c An investment company within the scope of Topic 946 shall apply the pending content that links to this paragraph on a prospective basis to all equity securities. Any adjustment as a result of applying the pending content that links to this paragraph shall be recognized as an adjustment to current-period earnings on the date at which the investment company first applies the pending content. **Transition disclosures** 1. d An investment company within the scope of Topic 946 that adopts the pending content that links to this paragraph in accordance with (c) shall disclose the amount recognized as an adjustment to earnings in the period in which the entity first applies the pending content.