Scope of this reference
Inspect the standard and the scope used in the teaching material. The verification date describes the stored review.
- Authority
- Financial Accounting Standards Board
- Standard
- ASC Topic 825
- Version
- Codification content as verified 2026-08-08
- Where it applies
- United States GAAP
- Entities covered
- Eligible financial instruments and specified election events
- Last source check recorded
- Aug 8, 2026
- Status recorded at review
- current
- Effective from
- Not specified in this record
Inspect the source: FASB ASC Topic 825, Financial Instruments
Check the applicable effective dates and later amendments in the source before applying this reference.
Concepts using this reference (1)
Instructional scope
This record supports a supplied eligibility and election conclusion and the resulting measurement and presentation lane.
Limitations
It does not create a period-end election, validate fair value, or override instrument-specific scope and presentation requirements.