# ASC 832-10-30: Government Assistance — Overall — 30 Initial Measurement

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/832/10/#30-initial-measurement)

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): 2026-09-10T01:48:24.921Z to 2026-09-10T01:48:24.921Z

Record version: sha256:aef51e445a611e7e6f75f06c2f924ac8670e056e0dc799a0044232b52919ca39

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 832-10-30: 30 Initial Measurement

[Read section](https://asc.understandingaccounting.org/asc/832/10/#30-initial-measurement)

SEC content: no

#### Government Grant of a Tangible Nonmonetary Asset

##### [832-10-30-1](https://asc.understandingaccounting.org/asc/832/10/#832-10-30-1)

Pending content: yes

Source downloaded (UTC): 2026-09-10T01:48:24.921Z to 2026-09-10T01:48:24.921Z

Record version: sha256:f917bab9536a71034fdf3d7cc9033f2dbcbb42db590207436d232b8881801503

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


Transition date:(P) December 16, 2028; (N) December 16, 2029Transition guidance:

[832-10-65-2](https://asc.understandingaccounting.org/asc/832/10/#832-10-65-2)If the deferred income approach is elected in accordance with paragraph [832-10-25-4(a)](https://asc.understandingaccounting.org/asc/832/10/#832-10-25-4), the receipt of a tangible nonmonetary asset that is determined to be a [grant related to an asset](https://asc.understandingaccounting.org/glossary/g/#grant-related-to-an-asset "(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.") shall be initially measured at [fair value](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.") when the grant is recognized on the balance sheet. If the cost accumulation approach is elected in accordance with paragraph [832-10-25-4(b)](https://asc.understandingaccounting.org/asc/832/10/#832-10-25-4), 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.