{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/944/30/#50-disclosure","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":"944-30","subtopic_title":"Acquisition Costs","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"944-30-50-1","para":"50-1","html":"
Insurance entities shall disclose all of the following in their financial statements:
  1. a
    The nature and type of acquisition costs capitalized
  2. b
    The method of amortizing capitalized acquisition costs
  3. c
    The amount of acquisition costs amortized for the period.
Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:
220-40-65-1Insurance entities shall disclose all of the following in their financial statements:
  1. a
    The nature and type of acquisition costs capitalized
  2. b
    The method of amortizing capitalized acquisition costs
  3. c
    The amount of acquisition costs amortized for the period. See paragraphs
    220-40-50-21 through 50-25
    for additional disclosure requirements.
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Paragraph superseded by Accounting Standards Update No. 2018-12.
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For annual reporting periods, and to the extent required by Topic 270 on interim reporting, an insurance entity shall disclose the following information about deferred acquisition costs and sales inducements:
  1. a
    The nature of the costs deferred
  2. b
    Information about the inputs, judgments, assumptions, and methods used to determine amortization amounts and changes in those inputs, judgments, and assumptions.
Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance:
270-10-65-1For interim and annual reporting periods, an insurance entity shall disclose the following information about deferred acquisition costs and sales inducements:
  1. a
    The nature of the costs deferred
  2. b
    Information about the inputs, judgments, assumptions, and methods used to determine amortization amounts and changes in those inputs, judgments, and assumptions.
","snippet":"For annual reporting periods, and to the extent required by Topic 270 on interim reporting, an insurance entity shall disclose the following information about deferred acquisition costs and sales inducements:\n(a) The nat…","pending":true,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5e593c3ab99f953dd995841725121f453c8a6e3c43ee49a004b59c2e88865dd0","downloaded_from":"2026-09-10T02:16:17.491Z","last_downloaded_at":"2026-09-10T02:16:17.491Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479432","source_sha256":"e51613b47a67a1bc1b781c972d7ea1a5be1e28103d98201e5c004a2ed1edb582"}},{"citation":"944-30-50-2B","para":"50-2B","html":"
For annual and interim reporting periods, an insurance entity shall disclose the following:
  1. a
    A year-to-date disaggregated tabular rollforward of the beginning to the ending balance of unamortized deferred costs—and balances amortized on a basis consistent with deferred acquisition costs, to the extent that such balances are not included in the tabular rollforwards required in Section 944-40-50—disaggregated in a manner that is consistent with the disaggregation of the related liability disclosures
  2. b
    A reconciliation of the disaggregated rollforwards to the aggregate ending carrying amount in the statement of financial position.
","snippet":"For annual and interim reporting periods, an insurance entity shall disclose the following:\n(a) A year-to-date disaggregated tabular rollforward of the beginning to the ending balance of unamortized deferred costs—and ba…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5c47e3e2abf0d0b8d23e55b83a1a491abe73db36fde77ff5a3a7ed489f6ace37","downloaded_from":"2026-09-10T02:16:17.491Z","last_downloaded_at":"2026-09-10T02:16:17.491Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479432","source_sha256":"e51613b47a67a1bc1b781c972d7ea1a5be1e28103d98201e5c004a2ed1edb582"}},{"citation":"944-30-50-3","para":"50-3","html":"
Paragraph superseded by Accounting Standards Update No. 2018-12.
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The notes to financial statements shall describe the accounting policy applied to internal replacements, including whether or not the entity has availed itself of the alternative application guidance outlined in paragraphs 944-30-35-47 and 944-30-35-49 and, if so, for which types of internal replacement transactions.
","snippet":"The notes to financial statements shall describe the accounting policy applied to internal replacements, including whether or not the entity has availed itself of the alternative application guidance outlined in paragrap…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c79bd3a029539285258362e7579d7c830a254cf5e948214280c7ff330927155d","downloaded_from":"2026-09-10T02:16:17.491Z","last_downloaded_at":"2026-09-10T02:16:17.491Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479432","source_sha256":"e51613b47a67a1bc1b781c972d7ea1a5be1e28103d98201e5c004a2ed1edb582"}},{"citation":"944-30-50-5","para":"50-5","html":"
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