{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/860/30/#35-subsequent-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":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"860-30-35-1","para":"35-1","html":"
This Section provides subsequent measurement guidance for the following assets and liabilities related to transfers that are accounted for as secured borrowings:
  1. a
    Pledged assets required to be reclassified
  2. b
    Obligation to return transferred collateral.
","snippet":"This Section provides subsequent measurement guidance for the following assets and liabilities related to transfers that are accounted for as secured borrowings:\n(a) Pledged assets required to be reclassified\n(b) Obligat…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:dab243f5ffae661300c60bf35af3f4b127086292de75de61ca4172518d619498","downloaded_from":"2026-09-10T02:07:12.876Z","last_downloaded_at":"2026-09-10T02:07:12.876Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481498","source_sha256":"b79e2c4a0708b8cb358b127a32880f93fb5cecd664c93f5b87ab0166a7508678"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3947af3827ef23041e9e30a0f7862065943d04d0c871a5b5576ffcaa84148f98","downloaded_from":"2026-09-10T02:07:12.876Z","last_downloaded_at":"2026-09-10T02:07:12.876Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481498","source_sha256":"b79e2c4a0708b8cb358b127a32880f93fb5cecd664c93f5b87ab0166a7508678"}},{"block":null,"heading":"Pledged Assets Required to Be Reclassified","paragraphs":[{"citation":"860-30-35-2","para":"35-2","html":"
A transferor that has transferred collateral that must be reclassified in accordance with paragraph 860-30-25-5(a) (for example, as securities pledged to creditors) shall not change its measurement of that collateral. The transferor shall follow the same measurement principles as before the transfer. For example, securities reclassified from the available-for-sale category to securities pledged to creditors should continue to be measured at fair value, with changes in fair value reported in comprehensive income, while debt securities reclassified from the held-to-maturity category to securities pledged to creditors should continue to be measured at amortized cost. See Topic 320 for guidance related to measurement of investments in securities classified as available for sale and held to maturity.
","snippet":"A transferor that has transferred collateral that must be reclassified in accordance with paragraph 860-30-25-5(a) (for example, as securities pledged to creditors) shall not change its measurement of that collateral. Th…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b179183f09fa3dbec736410ab3b86cd9c912c4bbf54221e7d48e6744f9c751d9","downloaded_from":"2026-09-10T02:07:12.876Z","last_downloaded_at":"2026-09-10T02:07:12.876Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481498","source_sha256":"b79e2c4a0708b8cb358b127a32880f93fb5cecd664c93f5b87ab0166a7508678"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5cb574c4b83ec1eab9f76877790e46021e74148f3d4eb72b2f4abcdf96adf6f4","downloaded_from":"2026-09-10T02:07:12.876Z","last_downloaded_at":"2026-09-10T02:07:12.876Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481498","source_sha256":"b79e2c4a0708b8cb358b127a32880f93fb5cecd664c93f5b87ab0166a7508678"}},{"block":null,"heading":"Obligation to Return Transferred Collateral","paragraphs":[{"citation":"860-30-35-3","para":"35-3","html":"
This Section does not provide specific guidance on the subsequent measurement of the obligation to return transferred collateral. The liability to return the collateral shall be measured in accordance with other relevant accounting guidance. Paragraph 942-405-35-1 requires that a bank or savings institution that, as transferee, sells transferred collateral subsequently measure that liability like a short sale at fair value.
","snippet":"This Section does not provide specific guidance on the subsequent measurement of the obligation to return transferred collateral. The liability to return the collateral shall be measured in accordance with other relevant…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3f19599a3413be4bdda22d6ff727b8fa952bd218317fbd3047f4a19f8cc532b1","downloaded_from":"2026-09-10T02:07:12.876Z","last_downloaded_at":"2026-09-10T02:07:12.876Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481498","source_sha256":"b79e2c4a0708b8cb358b127a32880f93fb5cecd664c93f5b87ab0166a7508678"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fa0a6735b2c739d5e78d94edcca64a1136f38f4860214839cafbcebcaadfb71a","downloaded_from":"2026-09-10T02:07:12.876Z","last_downloaded_at":"2026-09-10T02:07:12.876Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481498","source_sha256":"b79e2c4a0708b8cb358b127a32880f93fb5cecd664c93f5b87ab0166a7508678"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a6bb6c6228a4f0fb51fa8a531258f781b0b5780db9993a85eaf58cd9e1b2da2c","downloaded_from":"2026-09-10T02:07:12.876Z","last_downloaded_at":"2026-09-10T02:07:12.876Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481498","source_sha256":"b79e2c4a0708b8cb358b127a32880f93fb5cecd664c93f5b87ab0166a7508678"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a6bb6c6228a4f0fb51fa8a531258f781b0b5780db9993a85eaf58cd9e1b2da2c","downloaded_from":"2026-09-10T02:07:12.876Z","last_downloaded_at":"2026-09-10T02:07:12.876Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481498","source_sha256":"b79e2c4a0708b8cb358b127a32880f93fb5cecd664c93f5b87ab0166a7508678"}}