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FASB Accounting Standards Codification Topic 845, Nonmonetary Transactions

Authoritative US GAAP research starting point for the scope, recognition, measurement, and disclosure of nonmonetary transactions.

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Publisher
Financial Accounting Foundation
Standing
Primary authority
Version
Topic 845 as accessed 2026-09-10
Relevant parts
Topic 845, Nonmonetary Transactions; especially ASC 845-10-15, 25, 30, and 50
Currency
current · checked Sep 10, 2026

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Topic 845 is the US GAAP research starting point for a transaction that transfers nonmonetary assets. Its scope includes reciprocal and nonreciprocal forms, but specific exceptions can redirect the analysis. Classify the parties and the transaction before selecting a measurement branch.

A fair-value input, dealer allowance, cash payment, or donation label does not settle scope, commercial substance, value support, gain recognition, or the corresponding credit. Research those decisions separately and retain the facts that support each conclusion.