State of Texas – Fiscal Management

Manual of Accounts

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Expenditure Object 7857 – Impairment Loss – Unusual or Infrequent Item
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Object Type: Non-Cash — USAS Special Accounting Transactions
Reference:
Issue Date: 2026-05-06
Revised Date:

Description

To record the loss related to an impaired capital asset that, according to the criteria in GASB Statement #42 and GASB Statement #103, should be reported as an unusual or infrequent item on the Proprietary Fund Financial Statements and on the Government-wide Statement of Activities.

Notes

USAS Values

Appropriation Year 26
USAS Title IMPAIRMENT LOSS-UNUSUAL OR INFREQNT ITEM
Object Group 19 – Financial Reporting (Non Expenditures)
USAS Status A
Rev/Exp Category NA – NOT APPLICABLE



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