# ASC 220-40-05: Income Statement—Reporting Comprehensive Income — Expense Disaggregation Disclosures — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 220-40-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/220/40/#05-overview-and-background)

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##### [220-40-05-1](https://asc.understandingaccounting.org/asc/220/40/#220-40-05-1)

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Transition date:(P) December 16, 2026; (N) December 16, 2026Transition guidance:

[220-40-65-1](https://asc.understandingaccounting.org/asc/220/40/#220-40-65-1)This Subtopic provides guidance on the disaggregation disclosure requirements for certain expense captions presented on the face of an entity’s income statement. This Subtopic also provides guidance on the disclosure of selling expenses.