# ASC 225-912-05: Income Statement — Contractors—Federal Government — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/225/912/#05-overview-and-background)

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.

Tables and mathematical or amendment markup are retained as HTML where Markdown would lose structure.

Source downloaded (UTC): 2026-09-09T23:09:03.009Z to 2026-09-09T23:09:03.009Z

Record version: sha256:32eadb32e0002c5b7ab45feb0cc986a239ccc2ed392a26ef51482c4899514846

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 225-912-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/225/912/#05-overview-and-background)

SEC content: no

##### [225-912-05-1](https://asc.understandingaccounting.org/asc/225/912/#225-912-05-1)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:09:03.009Z to 2026-09-09T23:09:03.009Z

Record version: sha256:84957a8e1d31f0ef8061e22461af2426a445f1a3b8d2d55baff92843141759ff

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Maintenance Update 2017-19.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/)
