External resource

FASB ASU 2020-01 — Interactions among Topics 321, 323, and 815

Amendment source clarifying selected interactions among equity securities, equity method investments, and forward contracts or purchased options.

Authority and currency

About this authority

Publisher: Financial Accounting Foundation
Standing: Primary authority
Version: ASU 2020-01
Relevant parts: Summary and amendments to Topics 321, 323, and 815
Currency: superseded · checked Aug 8, 2026

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Ownership changes can cross Topic boundaries. The update prevents the learner from treating Topic 321 and Topic 323 as isolated lifetime labels, while the module leaves derivative contracts to their own scoped analysis.