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Pending content is not necessarily effective.","topic":"855","topic_title":"Subsequent Events","subtopic":"855-10","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":"855-10-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_EEA101C8-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">This Topic provides guidance on principles and requirements for <a href=\"/glossary/s/#subsequent-events\" class=\"term\" title=\"Events or transactions that occur after the balance sheet date but before financial statements are issued or are available to be issued. There are two types of subsequent events: The first type consists of events or transactions that provide additional evidence about conditions that existed at the date of the balance sheet, including the estimates inherent in the process of preparing financial statements (that is, recognized subsequent events). The second type consists of events that provide evidence about conditions that did not exist at the date of the balance sheet but arose subsequent to that date (that is, nonrecognized subsequent events).\"><span>subsequent events</span></a>.</span></span></div></div>","snippet":"This Topic provides guidance on principles and requirements for subsequent events.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0102be44629cfb5c76a10b1450e230471fe5049642cf73455b41f5a9a2b7882f","downloaded_from":"2026-09-10T02:04:27.113Z","last_downloaded_at":"2026-09-10T02:04:27.113Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483322","source_sha256":"6e6125bbfc3edd841b475d3d51f420d4914e074c1ade7e3f6a5a0a816b91526e"}},{"citation":"855-10-05-2","para":"05-2","html":"<div 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