# ASC 850-10-60: Related Party Disclosures — Overall — 60 Relationships Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/850/10/#60-relationships) 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): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:fdaa06db11bd84c581798426ca13e24964ada08bb2d7fcb53d4d247447c04e78 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 850-10-60: 60 Relationships [Read section](https://asc.understandingaccounting.org/asc/850/10/#60-relationships) SEC content: no #### Investments—Equity Method and Joint Ventures ##### [850-10-60-1](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:1ea9a56dd208a8109ccd2ac877d69983eb692188ac568bfb0f34983a017cabe5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on disclosures applicable to the equity method of accounting for investments in common stock, see paragraph [323-10-50-3](https://asc.understandingaccounting.org/asc/323/10/#323-10-50-3). #### Guarantees ##### [850-10-60-2](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-2) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:a3721a596a81fa451de3ff7049ebb798e0a548aee99fcf14105840f7f5fbb477 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on disclosures incremental to those required by this Topic for certain guarantees issued to benefit [related parties](https://asc.understandingaccounting.org/glossary/r/#related-parties "Related parties include: Affiliates of the entity Entities for which investments in their equity securities would be required, absent the election of the fair value option under the Fair Value Option Subsection of Section 825-10-15, to be accounted for by the equity method by the investing entity Trusts for the benefit of employees, such as pension and profit-sharing trusts that are managed by or under the trusteeship of management Principal owners of the entity and members of their immediate families Management of the entity and members of their immediate families Other parties with which the entity may deal if one party controls or can significantly influence the management or operating policies of the other to an extent that one of the transacting parties might be prevented from fully pursuing its own separate interests Other parties that can significantly influence the management or operating policies of the transacting parties or that have an ownership interest in one of the transacting parties and can significantly influence the other to an extent that one or more of the transacting parties might be prevented from fully pursuing its own separate interests."), see paragraph [460-10-50-6](https://asc.understandingaccounting.org/asc/460/10/#460-10-50-6). #### Debt ##### [850-10-60-3](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-3) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:2d9a19534cf51d63aeb668e1b10aae25b0223c8daed6ff08c48daee2d24f0117 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on debt extinguishment transactions between related entities that may be in essence capital transactions, see paragraph [470-50-40-2](https://asc.understandingaccounting.org/asc/470/50/#470-50-40-2). #### Equity ##### [850-10-60-4](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-4) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:59e56414c397c1a71c1c7291f38f336377d2b15cf27b9d8de6250453cb058858 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on the presentation of notes received for a sale of the reporting entity's capital stock or a contribution to capital, see Section 505-10-45. #### Business Combinations ##### [850-10-60-4A](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-4A) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:b5847157041b7f713371b4f9807df17b6d01935741b22d0f2b4917b331b358a5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on disclosures applicable to certain transactions between entities under common control, see Section 805-50-50. #### Consolidation ##### [850-10-60-5](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-5) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:f23667904bca35bc1c9de0b80cc039f361d946b1f346daea1508f4f10f538f37 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on recognition by disclosure or otherwise to the effect of intervening events that materially affect the financial position or results of operations when a parent uses, for consolidation purposes, the financial statements of a subsidiary that are as of a fiscal close different from the parent, see paragraph [810-10-45-12](https://asc.understandingaccounting.org/asc/810/10/#810-10-45-12). ##### [850-10-60-6](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-6) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:b12fd3c36f019ecf3a9501ea7332da1c366e5ebbe18567d21ac6749463914eca Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on disclosure of the consolidation policy in consolidated statements, see paragraph [810-10-50-1](https://asc.understandingaccounting.org/asc/810/10/#810-10-50-1). #### Related Party ##### [850-10-60-7](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-7) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:fd7012fac35f4c0d607adba2fa7cb2ea9fe7e98008affaa1754bb4f1b55748fd Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Related Party Disclosures Topic is limited to disclosures. The accounting for certain related party transactions is specified in other Topics. #### Franchisors ##### [850-10-60-8](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-8) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:daa5903bd9f23aeb3182f04030c62452443098a90b00dc72f25aea9e70b79e52 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on franchisors disclosing certain information about franchisor-owned outlets, see paragraphs [952-10-50-1](https://asc.understandingaccounting.org/asc/952/10/#952-10-50-1) and [952-10-45-1](https://asc.understandingaccounting.org/asc/952/10/#952-10-45-1). #### Limited Liability Entities ##### [850-10-60-9](https://asc.understandingaccounting.org/asc/850/10/#850-10-60-9) Pending content: no Source downloaded (UTC): 2026-09-10T02:02:32.310Z to 2026-09-10T02:02:32.310Z Record version: sha256:1a86c2f7ca61414d596741a364924de525a943211cfb7bec71d3422d9d382900 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For guidance on a limited liability company's presentation of amounts due from members for capital contributions as deductions from members' equity, see paragraph [272-10-45-5](https://asc.understandingaccounting.org/asc/272/10/#272-10-45-5).