Section 3831 - Non-monetary Transactions

Section 3831 applies to:

• Non-monetary transactions.
• A group of monetary transactions that represent a non-monetary transaction in substance.

Section 3831 does not apply to:

• Business combinations (see Section 1582)
• Transactions involving employee future benefits (see Section 3462)
• Transactions between related parties (see Section 3840), unless paragraphs 3831.14-.15 apply
• Transactions involving stock-based compensation (see Section 3870)
• Transactions involving the acquisition of a subsidiary by an exchange of only equity interests when the acquisition-date fair value of the subsidiary's equity interest is more reliably measureable than the acquisition-date fair value of the enterprise's equity interests that are accounted for in accordance with 1591.26(b)
• Transactions involving the acquisition of an investment subject to significant influence by an exchange of only equity interests when the acquisition-date fair value of the investee's equity interest is more reliably measureable than the acquisition-date fair value of the enterprise's equity interests that are accounted for in accordance with 3051.07A(a)
• Replacement through insurance or expropriation proceeds, of non-monetary assets that are lost, destroyed or expropriated since these are monetary transactions

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