# ASC 832-10-50: Government Assistance — Overall — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/832/10/#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): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:0ba4fba0cbaf7531628e69088af821c6eb29eed0f8e40da3ada4701bfefc4653 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 832-10-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/832/10/#50-disclosure) SEC content: no ##### [832-10-50-1](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:b0727efd467acef7204b2f367e5756c5a329d856c07ee60fbb367880b132e588 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall provide the disclosures required by this Topic for annual periods. ##### [832-10-50-2](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-2) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:72c01bc4f0c87daeddde4b01f725022636fa6febe7a13e7f7c9484fece65e306 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The objective of disclosures about an entity's transactions with a government within the scope of this Topic is to provide information that enables an investor or other financial statement user to better assess all the following: 1. a The nature of the transactions, the related accounting policies used to account for the transactions, and the effect of the transactions on an entity's financial statements 2. b Significant terms and conditions of the transactions. 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)The objective of disclosures about a [government grant](https://asc.understandingaccounting.org/glossary/g/#government-grant "(P) December 16, 2028; (N) December 16, 2029832-10-65-2A transfer of a monetary asset or a tangible nonmonetary asset, other than in an exchange transaction (including an exchange transaction that may be at a significant discount to fair value), from a government to an entity except for a not-for-profit entity and an employee benefit plan within the scope of Topics 960, 962, and 965 on plan accounting.")is to provide information that enables an investor or other financial statement user to better assess all the following: 1. a The nature of the grant, the related accounting policies used to account for the grant, and the effect of the grant on an entity's financial statements 2. b Significant terms and conditions of the grant. #### Nature of the Assistance, Related Accounting Policies, and Effect on Financial Statement Amounts ##### [832-10-50-3](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-3) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:f75f8a4ca4af90ae14ed3665a583606a50444773630f6e52234de4be7cce421a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose the following about transactions with a government within the scope of this Topic: 1. a The nature of the transactions, including a general description of the transactions and the form in which the assistance has been received (for example, cash or other assets) 2. b The accounting policies used to account for the transactions as required by paragraph [235-10-50-1](https://asc.understandingaccounting.org/asc/235/10/#235-10-50-1) 3. c The line items on the balance sheet and income statement that are affected by the transactions, and the amounts applicable to each financial statement line item in the current reporting period. 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)
Editor's Note: Paragraph 832-10-50-3 will be amended upon transition, together with its heading:
> Nature of the Government Grant, Related Accounting Policies, and Effect on Financial Statement Amounts
An entity shall disclose the following about a government grant: 1. a The nature of the grant, including a general description of the grant and the form in which the grant has been received (for example, cash or tangible nonmonetary assets) 2. b The accounting policies used to account for the grant as required by paragraph [235-10-50-1](https://asc.understandingaccounting.org/asc/235/10/#235-10-50-1)(for example, for 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."), whether the deferred income approach or the cost accumulation approach is applied or for a [grant related to income](https://asc.understandingaccounting.org/glossary/g/#grant-related-to-income "(P) December 16, 2028; (N) December 16, 2029832-10-65-2A government grant, or part of a government grant, other than a grant related to an asset (for example, a grant that reimburses an entity for operating expenses)."), whether the grant is presented separately under a general heading such as other income or deducted from the related expense). 3. c [Subparagraph superseded by Accounting Standards Update No. 2025-10.](https://asc.understandingaccounting.org/updates/asu-2025-10/) ##### [832-10-50-3A](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-3A) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:d2c0170d49795497ecd49991732777edfff260d1532fde2713320ca70553c32e 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)For a grant related to an asset that is accounted for using the deferred income approach in accordance with paragraph [832-10-25-4(a)](https://asc.understandingaccounting.org/asc/832/10/#832-10-25-4) or a grant related to income, an entity shall disclose the line items on the balance sheet and income statement that are affected by the grant and the amounts applicable to each financial statement line item in the current reporting period. ##### [832-10-50-3B](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-3B) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:dd265d8806fe5413abea5ab076f355f178ad4a50a2868e4e5055b03775fbf847 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)For a grant related to an asset that is accounted for using the cost accumulation approach in accordance with paragraph [832-10-25-4(b)](https://asc.understandingaccounting.org/asc/832/10/#832-10-25-4), an entity shall disclose, in the period in which the government grant is recognized on the balance sheet, the following: 1. a The line items on the balance sheet that are affected by the grant and the amounts applicable to each financial statement line item 2. b The useful life of any related depreciable or amortizable asset. ##### [832-10-50-3C](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-3C) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:41f91eb7aa1f207289023ea7881e3488e07aec5a8c556aaba62df1ed6a1122bf 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)An entity shall disclose the [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.") of a tangible nonmonetary asset that is received as a government grant in the period in which the grant is recognized on the balance sheet, even if the cost accumulation approach is applied. #### Significant Terms and Conditions ##### [832-10-50-4](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-4) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:26b320d19169cf212a5efc4cae266567cd81d9e0f09efc4722aa27973c348269 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. An entity shall disclose information about the significant terms and conditions of transactions with a government within the scope of this Topic. Terms and conditions that might be appropriate to disclose include, but are not limited to, any of the following: 1. a The duration or period of the agreement 2. b Commitments made by both the reporting entity and the government 3. c Provisions, if any, for recapture (for example, when the government can recapture amounts awarded), including the conditions under which recapture is allowed 4. d Other contingencies. 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)An entity shall disclose information about the significant terms and conditions of a government grant. Terms and conditions that might be appropriate to disclose include, but are not limited to, any of the following: 1. a The duration or period of the grant 2. b Commitments made by both the reporting entity and the government 3. c Provisions, if any, for recapture (for example, when the government can recapture amounts awarded), including the conditions under which recapture is allowed 4. d Other contingencies. #### Restrictions ##### [832-10-50-5](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-5) Pending content: no Source downloaded (UTC): 2026-09-10T01:48:33.179Z to 2026-09-10T01:48:33.179Z Record version: sha256:6b79da843c0e36f358301f34e8448e33acbd24f719e09b30f67b35d653f41dc1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an entity omits specific information required by paragraphs [832-10-50-1 through 50-4](https://asc.understandingaccounting.org/asc/832/10/#832-10-50-1) because the information is legally prohibited from being disclosed, the entity shall disclose a description of the general nature of the information and indicate that the omitted disclosures are legally prohibited from being disclosed.