# ASC 205-30-15: Presentation of Financial Statements — Liquidation Basis of Accounting — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/205/30/#15-scope-and-scope-exceptions)

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## ASC 205-30-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/205/30/#15-scope-and-scope-exceptions)

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##### [205-30-15-1](https://asc.understandingaccounting.org/asc/205/30/#205-30-15-1)

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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.