{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/835/980/#35-subsequent-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":"835","topic_title":"Interest","subtopic":"835-980","subtopic_title":"Regulated Operations","section":{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"835-980-35-1","para":"35-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_498C553F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">After construction is completed, the resulting capitalized cost, including the <a href=\"/glossary/a/#allowance-for-funds-used-during-construction\" class=\"term\" title=\"The cost of financing construction as financed partially by borrowings and partially by equity, capitalized as part of the cost of plant and equipment pursuant to requirements of the regulator.\"><span>allowance for funds used during construction</span></a>, is the basis for depreciation and unrecovered investment for rate-making purposes. </span></span></div></div>","snippet":"After construction is completed, the resulting capitalized cost, including the allowance for funds used during construction, is the basis for depreciation and unrecovered investment for rate-making purposes.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f69794400b5151cce3b5946aa07a968dbc6689d021929882d4a77ebd5d6680fd","downloaded_from":"2026-09-10T01:51:43.899Z","last_downloaded_at":"2026-09-10T01:51:43.899Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478355","source_sha256":"1ee60d6fd82ab6d710c1a9e31d4baaabed9666890a15fe74fb6cf6ab2af846fd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e5a7d7ee6b203b2b3c16563e8fc5f9fa46bfcd6cb165eceb201aea4a64d171b3","downloaded_from":"2026-09-10T01:51:43.899Z","last_downloaded_at":"2026-09-10T01:51:43.899Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478355","source_sha256":"1ee60d6fd82ab6d710c1a9e31d4baaabed9666890a15fe74fb6cf6ab2af846fd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:807323e67f296da4f7352b53ef7631b238f03d79352471842f2807303ac8a83a","downloaded_from":"2026-09-10T01:51:43.899Z","last_downloaded_at":"2026-09-10T01:51:43.899Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478355","source_sha256":"1ee60d6fd82ab6d710c1a9e31d4baaabed9666890a15fe74fb6cf6ab2af846fd"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:807323e67f296da4f7352b53ef7631b238f03d79352471842f2807303ac8a83a","downloaded_from":"2026-09-10T01:51:43.899Z","last_downloaded_at":"2026-09-10T01:51:43.899Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478355","source_sha256":"1ee60d6fd82ab6d710c1a9e31d4baaabed9666890a15fe74fb6cf6ab2af846fd"}}