{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/832/10/#30-initial-measurement","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":"832","topic_title":"Government Assistance","subtopic":"832-10","subtopic_title":"Overall","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"Government Grant of a Tangible Nonmonetary Asset","paragraphs":[{"citation":"832-10-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"div pending-text\" id=\"pgroup_rtg_jdj_jhc__GUID-AD3F2A2C-FC1F-4DB1-8B03-096D5B6D3F8D\"><div class=\"div date-effective\"><span class=\"transition-header\">Transition date:</span><span class=\"p-alphabet\">(P) December 16, 2028; (N) December 16, 2029</span><span class=\"transition-header pipe-separator\">Transition guidance:</span></div><a href=\"/asc/832/10/#832-10-65-2\" class=\"xref\">832-10-65-2</a><span class=\"sfragment\" id=\"GUID-F174F398-D3B2-4B1F-AC1A-8B6AFEEC3207\"><span class=\"sfragment-source\">If the deferred income approach is elected in accordance with paragraph <a href=\"/asc/832/10/#832-10-25-4\" class=\"xref\">832-10-25-4(a)</a>, the receipt of a tangible nonmonetary asset that is determined to be a <a href=\"/glossary/g/#grant-related-to-an-asset\" class=\"term\" title=\"(P) December 16, 2028; (N) December 16, 2029832-10-65-2A government grant, or part of a government grant, that is conditioned on the purchase, construction, or acquisition of an asset (for example, a long-lived asset or inventory). Other conditions also may be attached, such as restricting the type or location of the asset, the periods during which the asset is to be acquired or held, or the disposal of the asset.\"><span>grant related to an asset</span></a> shall be initially measured at <a href=\"/glossary/f/#fair-value\" class=\"term\" title=\"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.\"><span>fair value</span></a> when the grant is recognized on the balance sheet. If the cost accumulation approach is elected in accordance with paragraph <a href=\"/asc/832/10/#832-10-25-4\" class=\"xref\">832-10-25-4(b)</a>, the receipt of a tangible nonmonetary asset that is determined to be a grant related to an asset shall be recognized at the cost to the entity.</span></span></div></div>","snippet":"Transition date:(P) December 16, 2028; (N) December 16, 2029Transition guidance:832-10-65-2If the deferred income approach is elected in accordance with paragraph 832-10-25-4(a), the receipt of a tangible nonmonetary ass…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f917bab9536a71034fdf3d7cc9033f2dbcbb42db590207436d232b8881801503","downloaded_from":"2026-09-10T01:48:24.921Z","last_downloaded_at":"2026-09-10T01:48:24.921Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476142","source_sha256":"f1959716dbac51fb4022cfff902e40845eda26078ac345bbe5587be8ae74046a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ceda0f194b55921c642fa828feb24726e1f978a1a0ac7dcec23fef99555810a2","downloaded_from":"2026-09-10T01:48:24.921Z","last_downloaded_at":"2026-09-10T01:48:24.921Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476142","source_sha256":"f1959716dbac51fb4022cfff902e40845eda26078ac345bbe5587be8ae74046a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aef51e445a611e7e6f75f06c2f924ac8670e056e0dc799a0044232b52919ca39","downloaded_from":"2026-09-10T01:48:24.921Z","last_downloaded_at":"2026-09-10T01:48:24.921Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476142","source_sha256":"f1959716dbac51fb4022cfff902e40845eda26078ac345bbe5587be8ae74046a"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:aef51e445a611e7e6f75f06c2f924ac8670e056e0dc799a0044232b52919ca39","downloaded_from":"2026-09-10T01:48:24.921Z","last_downloaded_at":"2026-09-10T01:48:24.921Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147476142","source_sha256":"f1959716dbac51fb4022cfff902e40845eda26078ac345bbe5587be8ae74046a"}}