{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/835/10/#05-overview-and-background","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":"835","topic_title":"Interest","subtopic":"835-10","subtopic_title":"Overall","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"835-10-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The Interest Topic contains the following Subtopics:<ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\">Overall</div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\">Capitalization of Interest</div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\">Imputation of Interest.</div></li></ol></div></div>","snippet":"The Interest Topic contains the following Subtopics:\n(a) Overall\n(b) Capitalization of Interest\n(c) Imputation of Interest.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:48542e70ca86fea9eb484202762393a7c2ea86f4ac69148ac4e2ba7611bd464c","downloaded_from":"2026-09-10T01:48:47.504Z","last_downloaded_at":"2026-09-10T01:48:47.504Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482914","source_sha256":"6022027a5c4802111aee4278a69c66170817b3ebccd9d85fdc2a838d79583c18"}},{"citation":"835-10-05-2","para":"05-2","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Topic provides guidance for interest income or expense recognition in two instances. Subtopic <a altsource=\"GUID-07251D70-AAFA-429D-B7E1-4BA74D4FD303.ditamap\" class=\"ditamap\">835-20</a> provides guidance for capitalization of interest costs in connection with an investment in an asset. Subtopic <a altsource=\"GUID-AC91EF11-EBBC-437D-9F54-32678EDA632A.ditamap\" class=\"ditamap\">835-30</a> provides guidance for situations in which imputation of interest is required.</div></div>","snippet":"This Topic provides guidance for interest income or expense recognition in two instances. Subtopic 835-20 provides guidance for capitalization of interest costs in connection with an investment in an asset. Subtopic 835-…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0eb37e5e790b4c0743ba86d33a5e6ee019402e11ae5bf86937a81def2c7156b4","downloaded_from":"2026-09-10T01:48:47.504Z","last_downloaded_at":"2026-09-10T01:48:47.504Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482914","source_sha256":"6022027a5c4802111aee4278a69c66170817b3ebccd9d85fdc2a838d79583c18"}},{"citation":"835-10-05-3","para":"05-3","html":"<div class=\"asc-body\"><div class=\"norm-text\">The recognition of interest income and interest expense for specific transactions and specific instrument types is also addressed in various other Topics.</div></div>","snippet":"The recognition of interest income and interest expense for specific transactions and specific instrument types is also addressed in various other Topics.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0e147a13e65f99af7a4666f559ba1f8fde143264e4727394ca7d6f7d503d5091","downloaded_from":"2026-09-10T01:48:47.504Z","last_downloaded_at":"2026-09-10T01:48:47.504Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482914","source_sha256":"6022027a5c4802111aee4278a69c66170817b3ebccd9d85fdc2a838d79583c18"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:045e50d00a28dd0e3a59d8779761109e97b466c9df091c4558447f137eacd6c6","downloaded_from":"2026-09-10T01:48:47.504Z","last_downloaded_at":"2026-09-10T01:48:47.504Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482914","source_sha256":"6022027a5c4802111aee4278a69c66170817b3ebccd9d85fdc2a838d79583c18"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f6ee856d23942597e594e3b5511e46f846d762ee26979d7f6d5da0477bac5b34","downloaded_from":"2026-09-10T01:48:47.504Z","last_downloaded_at":"2026-09-10T01:48:47.504Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482914","source_sha256":"6022027a5c4802111aee4278a69c66170817b3ebccd9d85fdc2a838d79583c18"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f6ee856d23942597e594e3b5511e46f846d762ee26979d7f6d5da0477bac5b34","downloaded_from":"2026-09-10T01:48:47.504Z","last_downloaded_at":"2026-09-10T01:48:47.504Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482914","source_sha256":"6022027a5c4802111aee4278a69c66170817b3ebccd9d85fdc2a838d79583c18"}}