{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/958/20/#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":"958","topic_title":"Not-for-Profit Entities","subtopic":"958-20","subtopic_title":"Financially Interrelated Entities","section":{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"958-20-35-1","para":"35-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_2C669EB0-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If the beneficiary has recognized an interest in the net assets of the <a href=\"/glossary/r/#recipient-entity\" class=\"term\" title=\"A not-for-profit entity (NFP) or charitable trust that accepts assets from a donor or other resource provider and agrees to use those assets on behalf of or transfer those assets, the return on investment of those assets, or both to a beneficiary that is specified by the donor or resource provider.\"><span>recipient entity</span></a> pursuant to paragraph <a href=\"/asc/958/20/#958-20-25-2\" class=\"xref\">958-20-25-2</a>, it shall adjust that interest for its share of the change in net assets of the recipient entity. </span></span></div></div>","snippet":"If the beneficiary has recognized an interest in the net assets of the recipient entity pursuant to paragraph 958-20-25-2, it shall adjust that interest for its share of the change in net assets of the recipient entity.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c1867001dad740d5acaac59b52d6783a3c82015a20eb6263e3174446cdc6fde6","downloaded_from":"2026-09-10T02:21:43.724Z","last_downloaded_at":"2026-09-10T02:21:43.724Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480982","source_sha256":"47c68a6a9f4466f9073779ff923e367f711604a559f99903bc57e35b4375636c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cc169b156cbeab391523ace8f780928e5a4e32302b97ba4c37619a3b8c6e972a","downloaded_from":"2026-09-10T02:21:43.724Z","last_downloaded_at":"2026-09-10T02:21:43.724Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480982","source_sha256":"47c68a6a9f4466f9073779ff923e367f711604a559f99903bc57e35b4375636c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b1f894738f053e3f20c516f74fe6512363b95c987f676edc6edf4777bbb08144","downloaded_from":"2026-09-10T02:21:43.724Z","last_downloaded_at":"2026-09-10T02:21:43.724Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480982","source_sha256":"47c68a6a9f4466f9073779ff923e367f711604a559f99903bc57e35b4375636c"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b1f894738f053e3f20c516f74fe6512363b95c987f676edc6edf4777bbb08144","downloaded_from":"2026-09-10T02:21:43.724Z","last_downloaded_at":"2026-09-10T02:21:43.724Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480982","source_sha256":"47c68a6a9f4466f9073779ff923e367f711604a559f99903bc57e35b4375636c"}}