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The following table identifies the changes made to this Subtopic.
Paragraph Action Accounting Standards Update Date
912-220-05-1 Added Maintenance Update 2017-19 (PDF) 11/15/2017
912-220-15-1 Added Maintenance Update 2017-19 (PDF) 11/15/2017
912-220-45-1 through 45-4
 Added Maintenance Update 2017-19 (PDF) 11/15/2017
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This Subtopic provides guidance on presentation in the income statement for amounts relating to terminated contracts.
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This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 912-10-15.
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Paragraph superseded by Accounting Standards Update No. 2014-09.
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Paragraph superseded by Accounting Standards Update No. 2014-09.
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Any items the contractor retains without claim for cost or loss shall remain as inventory or deferred charges in the contractor's accounts.
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Paragraph superseded by Accounting Standards Update No. 2014-09.
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