{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/848/50/#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":"848","topic_title":"Reference Rate Reform","subtopic":"848-50","subtopic_title":"Cash Flow Hedges","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"848-50-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2020-04/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2020-04</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2020-04.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7a09ef7ec921c9da3f313d84d0bab45b5e4025caa4b197e0e6429cef93461817","downloaded_from":"2026-09-10T02:02:09.054Z","last_downloaded_at":"2026-09-10T02:02:09.054Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483497","source_sha256":"5d4f926ef6662c992becc2b2af7af31d99f8640cbe8ddfc4800dc7e184a9ea99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:096bdd9ae008e351253ade0d5ed549ce983eb4efa88b68169a07bd72183f0c2d","downloaded_from":"2026-09-10T02:02:09.054Z","last_downloaded_at":"2026-09-10T02:02:09.054Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483497","source_sha256":"5d4f926ef6662c992becc2b2af7af31d99f8640cbe8ddfc4800dc7e184a9ea99"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c10961852d4d79fbd9f43bec2899d0ee5a4dab6ca848cab06cbe04a49409cf90","downloaded_from":"2026-09-10T02:02:09.054Z","last_downloaded_at":"2026-09-10T02:02:09.054Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483497","source_sha256":"5d4f926ef6662c992becc2b2af7af31d99f8640cbe8ddfc4800dc7e184a9ea99"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c10961852d4d79fbd9f43bec2899d0ee5a4dab6ca848cab06cbe04a49409cf90","downloaded_from":"2026-09-10T02:02:09.054Z","last_downloaded_at":"2026-09-10T02:02:09.054Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483497","source_sha256":"5d4f926ef6662c992becc2b2af7af31d99f8640cbe8ddfc4800dc7e184a9ea99"}}