# ASC 820-940-50: Fair Value Measurement — Financial Services—Brokers and Dealers — 50 Disclosure

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/820/940/#50-disclosure)

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): 2026-09-10T01:44:05.647Z to 2026-09-10T01:44:05.647Z

Record version: sha256:91ba14c2096d444a50644adfc525bee2f2656ecf9f69e750eb078acf82d2a6f3

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 820-940-50: 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/820/940/#50-disclosure)

SEC content: no

##### [820-940-50-1](https://asc.understandingaccounting.org/asc/820/940/#820-940-50-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:44:05.647Z to 2026-09-10T01:44:05.647Z

Record version: sha256:827b6278c0fcde77c2589b3940aafe6a5fd3f301b22c2b27a7410f5ef7a0e6ee

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


Notes to the financial statements shall disclose all of the following if financial instruments' [fair values](https://asc.understandingaccounting.org/glossary/f/#fair-value "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.") are measured at lower than quoted prices (see Example in paragraph [820-10-55-52](https://asc.understandingaccounting.org/asc/820/10/#820-10-55-52)):

1.  a
    
    Description of the financial instrument
    
2.  b
    
    The quoted price of the financial instrument
    
3.  c
    
    Fair value reported in the statement of financial condition
    
4.  d
    
    Methods and significant assumptions used to value the instrument at lower than the quoted price.