Accounting Standards Update · 2025

ASU 2025-10 — Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities

The amendments in this Update improve generally accepted accounting principles (GAAP) by establishing authoritative guidance on the accounting for government grants received by business entities.

This Accounting Standards Update is the final version of Proposed Accounting Standards Update 2024-ED700—Government Grants (Topic 832): Accounting for Government Grants by Business Entities, which has been deleted.

For more information, see the following:

Accounting Standards Update 2025-10—Government Grants (Topic 832): Accounting for Government Grants Received by Business Entities (PDF)

Issued: December 4, 2025

Text as published in the FASB Accounting Standards Codification, Basic View.