{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/965/20/#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":"965","topic_title":"Plan Accounting—Health and Welfare Benefit Plans","subtopic":"965-20","subtopic_title":"Net Assets Available for Plan Benefits","section":{"number":"30","label":"30 Initial Measurement","anchor":"30-initial-measurement","is_sec":false,"groups":[{"block":null,"heading":"Noncash Contribution","paragraphs":[{"citation":"965-20-30-1","para":"30-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_203F4C31-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">A noncash contribution shall be recorded at <a href=\"/glossary/f/#fair-value\" class=\"term\" title=\"The price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date.\"><span>fair value</span></a> less costs to sell, if significant, at the date of the contribution. </span></span></div></div>","snippet":"A noncash contribution shall be recorded at fair value less costs to sell, if significant, at the date of the contribution.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b4944003ca81690c692a41082a3ac73a140fc0c8aaba5614257c0283289d1a21","downloaded_from":"2026-09-10T02:24:51.011Z","last_downloaded_at":"2026-09-10T02:24:51.011Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480578","source_sha256":"a5a6ed81cca4e1d813262702710e2255ae3b3dcb73066e03cbe010b784e0d174"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:937fa96fd3935eaac005634c495ed237b0d8d9c38c005c9dee1b5dba944aad8b","downloaded_from":"2026-09-10T02:24:51.011Z","last_downloaded_at":"2026-09-10T02:24:51.011Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480578","source_sha256":"a5a6ed81cca4e1d813262702710e2255ae3b3dcb73066e03cbe010b784e0d174"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7b6aead235995522ccc608a1825837ff8c56aeb6325f09b04e600368fcd67cc8","downloaded_from":"2026-09-10T02:24:51.011Z","last_downloaded_at":"2026-09-10T02:24:51.011Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480578","source_sha256":"a5a6ed81cca4e1d813262702710e2255ae3b3dcb73066e03cbe010b784e0d174"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7b6aead235995522ccc608a1825837ff8c56aeb6325f09b04e600368fcd67cc8","downloaded_from":"2026-09-10T02:24:51.011Z","last_downloaded_at":"2026-09-10T02:24:51.011Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480578","source_sha256":"a5a6ed81cca4e1d813262702710e2255ae3b3dcb73066e03cbe010b784e0d174"}}