Wiley GAAP: Financial Statement Disclosure Manual

20ASC 325 INVESTMENTS—OTHER

1. Technical Alert
2. Authoritative Literature
   1. Subtopics
   2. Scope
      1. ASC 325‐10
      2. ASC 325‐30
      3. ASC 325‐40
   3. ASC 325‐10, Overall
   4. ASC 325‐30, Investments in Insurance Contracts
      1. Overview
      2. General Guidance
      3. Guidance for Investments in Life Settlement Contracts
   5. ASC 325‐40, Beneficial Interests in Securitized Financial Assets
      1. Overview
      2. Initial Recognition and Measurement
      3. Subsequent Measurement
3. Presentation and Disclosure Requirements
   1. 325‐30, Investments in Insurance Contracts
      1. Presentation
      2. Disclosure
   2. ASC 325‐40, Beneficial Interests in Securitized Financial Assets
      1. Presentation
4. Presentation and Disclosure Examples
   1. Example 20.1: Accounting Policy—Insurance Contracts
   2. Example 20.2: Portfolio of Insurance Contracts
   3. Example 20.3: Life Insurance Contracts—Summary of Policies According to Estimated Life Expectancy Data, Grouped by Year
   4. Example 20.4: Life Insurance Contracts—Fair Value Method—Reconciliation of Gain and Loss
   5. Example 20.5: Change in Fair Value of Investment in Life Insurance Policies

TECHNICAL ALERT

This Topic is affected by ASU 2016‐13. For more information about the ASU, see the chapter on ASC 326.

AUTHORITATIVE LITERATURE

Subtopics

ASC 325 provides guidance for investments not within the scope of other Topics: investments in insurance contracts and in securitized financial assets.

ASC 325 contains three Subtopics:

• ASC 325‐10, Overall, which merely identifies the other three topics.
• ASC 325‐30, Investments in Insurance Contracts, which provides ...