# ASC 944-20-S50: Financial Services—Insurance — Insurance Activities — SEC 50 Disclosure

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/944/20/#sec-50-disclosure)

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## ASC 944-20-S50: SEC 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/944/20/#sec-50-disclosure)

SEC content: yes

#### Present Value of Future Profits

##### [944-20-S50-1](https://asc.understandingaccounting.org/asc/944/20/#944-20-S50-1)

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See paragraph [944-20-S99-2](https://asc.understandingaccounting.org/asc/944/20/#944-20-S99-2), SEC Observer Comment: Accounting for the Present Value of Future Profits Resulting from the Acquisition of a Life Insurance Company, for SEC Staff views on disclosures regarding present value of future profit assets.