{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/848/40/#00-status","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":"848","topic_title":"Reference Rate Reform","subtopic":"848-40","subtopic_title":"Fair Value Hedges","section":{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"848-40-00-1","para":"00-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following table identifies the changes made to this Subtopic.</div><div class=\"norm-text\"><table class=\"asc-table\" id=\"SL122633444-237857\"><tr><td class=\"entry\"><strong class=\"ph b\">Paragraph</strong></td><td class=\"entry\"><strong class=\"ph b\">Action</strong></td><td class=\"entry\"><strong class=\"ph b\">Accounting Standards Update</strong></td><td class=\"entry\"><strong class=\"ph b\">Date</strong></td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/asc/848/40/#848-40-05-1\" class=\"xref\">848-40-05-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2020-04/\" class=\"xref\">Accounting Standards Update No. 2020-04</a></td><td class=\"entry\">03/12/2020</td></tr><tr><td class=\"entry\"><a href=\"/asc/848/40/#848-40-05-1\" class=\"xref\">848-40-05-1</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2020-04/\" class=\"xref\">Accounting Standards Update No. 2020-04</a></td><td class=\"entry\">03/12/2020</td></tr><tr><td class=\"entry\"><a href=\"/asc/848/40/#848-40-15-1\" class=\"xref\">848-40-15-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2020-04/\" class=\"xref\">Accounting Standards Update No. 2020-04</a></td><td class=\"entry\">03/12/2020</td></tr><tr><td class=\"entry\"><a href=\"/asc/848/40/#848-40-15-1\" class=\"xref\">848-40-15-1</a></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2020-04/\" class=\"xref\">Accounting Standards Update No. 2020-04</a></td><td class=\"entry\">03/12/2020</td></tr><tr><td class=\"entry\"><div class=\"xref-range displayInline\"><a href=\"/asc/848/40/#848-40-25-1\" class=\"xref\">848-40-25-1 through 25-9</a></div></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2020-04/\" class=\"xref\">Accounting Standards Update No. 2020-04</a></td><td class=\"entry\">03/12/2020</td></tr><tr><td class=\"entry\"><div class=\"xref-range displayInline\"><a href=\"/asc/848/40/#848-40-25-1\" class=\"xref\">848-40-25-1 through 25-9</a></div></td><td class=\"entry\">Added</td><td class=\"entry\"><a href=\"/updates/asu-2020-04/\" class=\"xref\">Accounting Standards Update No. 2020-04</a></td><td class=\"entry\">03/12/2020</td></tr><tr><td class=\"entry\"><a href=\"/asc/848/40/#848-40-25-2\" class=\"xref\">848-40-25-2</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2021-01/\" class=\"xref\">Accounting Standards Update No. 2021-01</a></td><td class=\"entry\">01/07/2021</td></tr><tr><td class=\"entry\"><a href=\"/asc/848/40/#848-40-25-8\" class=\"xref\">848-40-25-8</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2022-06/\" class=\"xref\">Accounting Standards Update No. 2022-06</a></td><td class=\"entry\">12/21/2022</td></tr><tr><td class=\"entry\"><a href=\"/asc/848/40/#848-40-25-8\" class=\"xref\">848-40-25-8</a></td><td class=\"entry\">Amended</td><td class=\"entry\"><a href=\"/updates/asu-2021-01/\" class=\"xref\">Accounting Standards Update No. 2021-01</a></td><td class=\"entry\">01/07/2021</td></tr></table></div></div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\n848-40-05-1 | Superseded | Accounting Standards Update No. 2020-04 | 03/12/2020 |\n848-40…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1b7b0dade24a105d166ca65dee899afc665105caec728591f8e60e4e6d28114e","downloaded_from":"2026-09-10T02:01:53.098Z","last_downloaded_at":"2026-09-10T02:01:53.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483542","source_sha256":"95221e5f15cafec650c5593dddd340cbf71e902cf0bc476ca6fb6825ad716ff9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4451315833bacfd79fe8fdbf78e1d41ca49ccde5bf6dcca239ff63be20b5c739","downloaded_from":"2026-09-10T02:01:53.098Z","last_downloaded_at":"2026-09-10T02:01:53.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483542","source_sha256":"95221e5f15cafec650c5593dddd340cbf71e902cf0bc476ca6fb6825ad716ff9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:52b43eb06e5af15ff89e348030c71aeee9b64657232881aee2aef41ed6e8afef","downloaded_from":"2026-09-10T02:01:53.098Z","last_downloaded_at":"2026-09-10T02:01:53.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483542","source_sha256":"95221e5f15cafec650c5593dddd340cbf71e902cf0bc476ca6fb6825ad716ff9"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:52b43eb06e5af15ff89e348030c71aeee9b64657232881aee2aef41ed6e8afef","downloaded_from":"2026-09-10T02:01:53.098Z","last_downloaded_at":"2026-09-10T02:01:53.098Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483542","source_sha256":"95221e5f15cafec650c5593dddd340cbf71e902cf0bc476ca6fb6825ad716ff9"}}