# ASC 944-30-50: Financial Services—Insurance — Acquisition Costs — 50 Disclosure Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/944/30/#50-disclosure) 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. Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure. Source downloaded (UTC): 2026-09-10T02:16:17.491Z to 2026-09-10T02:16:17.491Z Record version: sha256:d71db0ab772ef972ea375294cc6a58451a6563faa30351239565e2b6770c0b56 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 944-30-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/944/30/#50-disclosure) SEC content: no ##### [944-30-50-1](https://asc.understandingaccounting.org/asc/944/30/#944-30-50-1) Pending content: yes Source downloaded (UTC): 2026-09-10T02:16:17.491Z to 2026-09-10T02:16:17.491Z Record version: sha256:40e777d53582552d148e21a79b0d92a8c9390019029982236278cd02f1dfa2d0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Insurance entities shall disclose all of the following in their financial statements: 1. a The nature and type of [acquisition costs](https://asc.understandingaccounting.org/glossary/a/#acquisition-costs "Costs that are related directly to the successful acquisition of new or renewal insurance contracts.") 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: [220-40-65-1](https://asc.understandingaccounting.org/asc/220/40/#220-40-65-1)Insurance entities shall disclose all of the following in their financial statements: 1. a The nature and type of [acquisition costs](https://asc.understandingaccounting.org/glossary/a/#acquisition-costs "Costs that are related directly to the successful acquisition of new or renewal insurance contracts.") 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](https://asc.understandingaccounting.org/asc/220/40/#220-40-50-21) for additional disclosure requirements. ### Long-Duration Contracts ##### [944-30-50-2](https://asc.understandingaccounting.org/asc/944/30/#944-30-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T02:16:17.491Z to 2026-09-10T02:16:17.491Z Record version: sha256:ef1b920f2c25955cd04cad894e040242cc5509b63880050ffc25154327a05e27 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2018-12](https://asc.understandingaccounting.org/updates/asu-2018-12/). ##### [944-30-50-2A](https://asc.understandingaccounting.org/asc/944/30/#944-30-50-2A) Pending content: yes Source downloaded (UTC): 2026-09-10T02:16:17.491Z to 2026-09-10T02:16:17.491Z Record version: sha256:5e593c3ab99f953dd995841725121f453c8a6e3c43ee49a004b59c2e88865dd0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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: [270-10-65-1](https://asc.understandingaccounting.org/asc/270/10/#270-10-65-1)For 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. ##### [944-30-50-2B](https://asc.understandingaccounting.org/asc/944/30/#944-30-50-2B) Pending content: no Source downloaded (UTC): 2026-09-10T02:16:17.491Z to 2026-09-10T02:16:17.491Z Record version: sha256:5c47e3e2abf0d0b8d23e55b83a1a491abe73db36fde77ff5a3a7ed489f6ace37 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/glossary/a/#acquisition-costs "Costs that are related directly to the successful acquisition of new or renewal insurance contracts."), 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. ##### [944-30-50-3](https://asc.understandingaccounting.org/asc/944/30/#944-30-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T02:16:17.491Z to 2026-09-10T02:16:17.491Z Record version: sha256:c2d8af48da1b053f0af129438336fed173427baec863b24a5db2c66c97eed9b7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2018-12](https://asc.understandingaccounting.org/updates/asu-2018-12/). ### Internal Replacement Transactions ##### [944-30-50-4](https://asc.understandingaccounting.org/asc/944/30/#944-30-50-4) Pending content: no Source downloaded (UTC): 2026-09-10T02:16:17.491Z to 2026-09-10T02:16:17.491Z Record version: sha256:c79bd3a029539285258362e7579d7c830a254cf5e948214280c7ff330927155d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/asc/944/30/#944-30-35-47) and [944-30-35-49](https://asc.understandingaccounting.org/asc/944/30/#944-30-35-49) and, if so, for which types of [internal replacement](https://asc.understandingaccounting.org/glossary/i/#internal-replacement "A modification in product benefits, features, rights, or coverages that occurs by a contract exchange; by amendment, endorsement, or rider to a contract; or by the election of a benefit, feature, right, or coverage within the contract.") transactions. ##### [944-30-50-5](https://asc.understandingaccounting.org/asc/944/30/#944-30-50-5) Pending content: no Source downloaded (UTC): 2026-09-10T02:16:17.491Z to 2026-09-10T02:16:17.491Z Record version: sha256:313a8c8df7b900618016ffd6abd3b60c4e6239cfef874966a7db698696d8f14a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph not used](https://asc.understandingaccounting.org/updates/page-1833002/).