Authority and currency
About this authority
- Publisher
- Financial Accounting Foundation
- Standing
- Primary authority
- Version
- Accounting Standards Update 2016-15
- Relevant parts
- Main provisions and Codification amendments for the eight cash-flow issues
- Currency
- current · checked Aug 8, 2026
The Update supports instruction on debt prepayment, zero-coupon settlement, business-combination contingent consideration, insurance proceeds, corporate- owned life insurance, equity-method distributions, beneficial interests in securitizations, and mixed cash flows. The course preserves the required order: specific guidance, separately identifiable components, then predominance when separation is not possible.