{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/944/20/#sec-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":"944","topic_title":"Financial Services—Insurance","subtopic":"944-20","subtopic_title":"Insurance Activities","section":{"number":"S30","label":"SEC 30 Initial Measurement","anchor":"sec-30-initial-measurement","is_sec":true,"groups":[{"block":null,"heading":"Discounting Claims Liabilities Related to Short-Duration Contracts","paragraphs":[{"citation":"944-20-S30-1","para":"S30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_FAE7D572-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">See paragraph <a href=\"/asc/944/20/#944-20-S99-1\" class=\"xref\">944-20-S99-1</a>, SAB Topic 5.N, for SEC Staff views on discounting claims liabilities related to short-duration insurance contracts. </span></span></div></div>","snippet":"See paragraph 944-20-S99-1, SAB Topic 5.N, for SEC Staff views on discounting claims liabilities related to short-duration insurance contracts.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:51e0da71f22b3c82c13e77125d65a237073e694028fa9cebf7fb805c39927f44","downloaded_from":"2026-09-10T02:15:39.545Z","last_downloaded_at":"2026-09-10T02:15:39.545Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479859","source_sha256":"26ee97f5e528fd425399bc44d7faa71f7612ed65e4d18649443d1b19dfaa7001"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e3dac1840ea8c238b6c7a72b0519b49d66aae688e0a8c6d46d5e8e39c8ad3965","downloaded_from":"2026-09-10T02:15:39.545Z","last_downloaded_at":"2026-09-10T02:15:39.545Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479859","source_sha256":"26ee97f5e528fd425399bc44d7faa71f7612ed65e4d18649443d1b19dfaa7001"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:69ab92097fe1aadd770013deb18fcc4941a80c07a9ba339c887482846d0154d3","downloaded_from":"2026-09-10T02:15:39.545Z","last_downloaded_at":"2026-09-10T02:15:39.545Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479859","source_sha256":"26ee97f5e528fd425399bc44d7faa71f7612ed65e4d18649443d1b19dfaa7001"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:69ab92097fe1aadd770013deb18fcc4941a80c07a9ba339c887482846d0154d3","downloaded_from":"2026-09-10T02:15:39.545Z","last_downloaded_at":"2026-09-10T02:15:39.545Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479859","source_sha256":"26ee97f5e528fd425399bc44d7faa71f7612ed65e4d18649443d1b19dfaa7001"}}