Applies the FASB proposed Update of August 18, 2026, "Statement of Cash Flows (Topic 230): Cash Equivalents - Disclosure Enhancement and Evaluation of Certain Digital Assets" (exposure draft, File Reference No. 2026-ED400), to the declared redemption and reserve terms of one stablecoin holding, criterion by criterion, and returns per-criterion verdicts, a collective classification, the disclosure checklist the text proposes, and a Policy Mandate export.
| Criterion | Declared input(s) | Pinned paragraph (FASB ED 2026-08-18, Topic 230) |
|---|---|---|
| c1_on_demand_contractual_redemption | redemption_on_demand | 230-10-55-24(a); 230-10-55-23 (redeem on demand for $1 per unit directly from the issuer) |
| c2_direct_issuer_redemption_known | holder_has_direct_issuer_redemption, redemption_amount_known, access_via_intermediary_only | 230-10-55-23; 230-10-55-26 (no direct on-demand contractual right to redeem for a known amount of cash, Case B: active secondary markets at approximately $1 per unit do NOT qualify) |
| c3_no_significant_fees_restrictions | gates_or_suspension_terms, redemption_fees_bp, redemption_min_minor | 230-10-55-23 (with no significant fees or significant restrictions imposed). "Significant" is not quantified in the text, the thresholds used here are declared policy parameters, shown in every result |
| c4_segregated_short_term_reserves | issuer_reserve_short_term_liquid_one_to_one | 230-10-55-23 and 230-10-55-24(b)2 (segregated account, at least one-to-one, in cash and U.S. Treasury bills with original maturities of three months or less); Case C: 230-10-55-27 and 230-10-55-28 (crypto assets within the scope of Subtopic 350-60 and gold present more than insignificant risk) |
| c5_short_term_original_maturity | original_maturity_days | Cash equivalents definition shown for convenience in the draft (short-term, highly liquid; original maturities of three months or less) and 230-10-55-24(b) |
| c6_laws_and_regulations | laws_prohibit_cash_equivalent_treatment | 230-10-55-22 (take into account relevant laws and regulations, e.g. the GENIUS Act, when establishing the policy) |
Collective evaluation: The criteria are inherently interrelated and are evaluated collectively: the classification is MEETS_PROPOSED_EXAMPLES only when all six criteria are PASS; any FAIL gives DOES_NOT_MEET; any remaining NOT_DETERMINABLE (an absent declared term) gives NOT_DETERMINABLE. Absent terms are never guessed, and a declared term of the wrong type is refused.
| Disclosure the text proposes | Pinned paragraph |
|---|---|
| cash_equivalents_accounting_policy | 230-10-50-1 (existing, shown for context) |
| significant_components_of_cash_equivalents_annual (components named in the text: U.S. Treasury bills, commercial paper, stablecoins, money market funds) | 230-10-50-1A (proposed), cross-referencing 230-10-45-6 |
| transition_modified_prospective_examples_reconciliation (opening cash, cash equivalents, restricted cash and restricted cash equivalents, before and after adoption) | 230-10-65-4(d)1–2 (proposed) |
| transition_nature_and_reason_for_change | 230-10-65-4(e) (proposed) |
| components_disclosure_transition_prospective | 230-10-65-4(c) (proposed) |
Scope boundary: Issuer-side reserve adequacy and issuer disclosure evidence is served by other estate tools (solvency2 SCR ratio calculator art-06, the stablecoin reserve attestation node art-275 and the reserve composition node art-582); this node consumes no issuer evidence. A MEETS_PROPOSED_EXAMPLES result describes the declared terms against the proposed examples only, it does not decide how an entity accounts, and presentation as a cash equivalent remains a policy election under 230-10-45-6.