{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/205/30/#15-scope-and-scope-exceptions","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"205","topic_title":"Presentation of Financial Statements","subtopic":"205-30","subtopic_title":"Liquidation Basis of Accounting","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"205-30-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_694619CC-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The guidance in this Subtopic applies to all entities except for investment companies regulated under the Investment Company Act of 1940. Other entities shall not apply this scope exception by analogy. </span></span></div></div>","snippet":"The guidance in this Subtopic applies to all entities except for investment companies regulated under the Investment Company Act of 1940. Other entities shall not apply this scope exception by analogy.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:41887e4c620926bfd119d9c2a4cf858bc9736169f87f97834ef70c55972906e4","downloaded_from":"2026-09-09T22:53:41.204Z","last_downloaded_at":"2026-09-09T22:53:41.204Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480090","source_sha256":"b3359c7d838e99be05d848ab841ec43cb2ed68bbd165fe82838a1aeeffe65221"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:342b040fd48e3e1fdf85f1ce54ba3a8fb9f70831b982373736be523d46a17cf8","downloaded_from":"2026-09-09T22:53:41.204Z","last_downloaded_at":"2026-09-09T22:53:41.204Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480090","source_sha256":"b3359c7d838e99be05d848ab841ec43cb2ed68bbd165fe82838a1aeeffe65221"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8a14ea085a083f3b7c4a46cb886088c4629e0da29cff757fe462efe93d23cd14","downloaded_from":"2026-09-09T22:53:41.204Z","last_downloaded_at":"2026-09-09T22:53:41.204Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480090","source_sha256":"b3359c7d838e99be05d848ab841ec43cb2ed68bbd165fe82838a1aeeffe65221"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8a14ea085a083f3b7c4a46cb886088c4629e0da29cff757fe462efe93d23cd14","downloaded_from":"2026-09-09T22:53:41.204Z","last_downloaded_at":"2026-09-09T22:53:41.204Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480090","source_sha256":"b3359c7d838e99be05d848ab841ec43cb2ed68bbd165fe82838a1aeeffe65221"}}