{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/860/30/#30-initial-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":"860","topic_title":"Transfers and Servicing","subtopic":"860-30","subtopic_title":"Secured Borrowing and Collateral","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"Noncash Collateral","paragraphs":[{"citation":"860-30-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_F8F14E25-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Noncash <a href=\"/glossary/c/#collateral\" class=\"term\" title=\"Personal or real property in which a security interest has been given.\"><span>collateral</span></a> recognized by the secured party as its asset under paragraph <a href=\"/asc/860/30/#860-30-25-5\" class=\"xref\">860-30-25-5(c)</a> that the secured party has not already sold shall be initially measured at fair value. </span></span></div></div>","snippet":"Noncash collateral recognized by the secured party as its asset under paragraph 860-30-25-5(c) that the secured party has not already sold shall be initially measured at fair value.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:441bcbe71d27be7782260e1dd9f06d9280946d0f408d6b430a8ece7500e928f7","downloaded_from":"2026-09-10T02:07:08.800Z","last_downloaded_at":"2026-09-10T02:07:08.800Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481527","source_sha256":"efcffb4221db4ef8ed8b6ffeb27028c587daf6e524f2dbc282c2b71406857e2d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eb7f7426153315df45303f9a49d60c9337173200eb203d29954eba0e54f3e15d","downloaded_from":"2026-09-10T02:07:08.800Z","last_downloaded_at":"2026-09-10T02:07:08.800Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481527","source_sha256":"efcffb4221db4ef8ed8b6ffeb27028c587daf6e524f2dbc282c2b71406857e2d"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:66f368463f2bdf5b7ed849323ed2b0740e944be9ba77ff7046b0700039d0bec0","downloaded_from":"2026-09-10T02:07:08.800Z","last_downloaded_at":"2026-09-10T02:07:08.800Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481527","source_sha256":"efcffb4221db4ef8ed8b6ffeb27028c587daf6e524f2dbc282c2b71406857e2d"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:66f368463f2bdf5b7ed849323ed2b0740e944be9ba77ff7046b0700039d0bec0","downloaded_from":"2026-09-10T02:07:08.800Z","last_downloaded_at":"2026-09-10T02:07:08.800Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481527","source_sha256":"efcffb4221db4ef8ed8b6ffeb27028c587daf6e524f2dbc282c2b71406857e2d"}}