# ASC 225-912: Income Statement — Contractors—Federal Government Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/225/912/) 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): 2026-09-09T23:09:01.316Z to 2026-09-09T23:09:08.768Z Record version: sha256:a3efb8415a0bc58a904a7ab051f29156db747a2744be9836c0db3b9e12b1697b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 225-912: Income Statement — Contractors—Federal Government ### Machine-generated study aids ```json { "summary": "ASC 225-912 formerly provided income statement presentation guidance for contractors with the federal government (a subtopic of the legacy Income Statement topic). Every paragraph in the subtopic — Overview and Background (05), Scope (15), and Other Presentation Matters (45) — was superseded by Maintenance Update 2017-19, so the subtopic contains no operative guidance. Presentation questions for federal government contractors are now addressed under the revenue and other applicable topics rather than here.", "key_points": [ "All content of this subtopic is superseded: 225-912-05-1, 225-912-15-1, and 225-912-45-1 through 225-912-45-4 were each removed by Maintenance Update 2017-19.", "Because no paragraphs remain in force, ASC 225-912 imposes no recognition, measurement, presentation, or disclosure requirements.", "The supersession is part of the broader replacement of legacy industry revenue and contract guidance following ASU 2014-09 (ASC 606) and related maintenance updates.", "Federal government contractors should look to ASC 606 (and industry subtopic 912 guidance retained elsewhere) for revenue and income statement presentation of contract results.", "Superseded paragraphs are retained in the Codification only as historical markers and must not be cited as authoritative support." ], "categories": [ "Presentation", "Industry-specific", "Transition and effective dates", "Financial statement presentation" ], "audience_level": "intermediate", "student_note": "Practically, this subtopic is a dead end — a common mistake is citing a superseded paragraph found through a keyword search; always check the \"superseded by\" tag before relying on Codification text. For federal contractor revenue and presentation, go to ASC 606 and the remaining 912 subtopics.", "related_topics": [ "606", "912", "912-605", "340-40", "220" ], "key_concepts": [ "superseded guidance", "federal government contractors", "income statement presentation", "industry-specific guidance", "codification housekeeping" ] } ``` Source downloaded (UTC): 2026-09-09T23:09:01.316Z to 2026-09-09T23:09:01.316Z Record version: sha256:c2571e7946d5a129a4449ae956432705a6a75334f21c2990737f7cfd0ff8cb92 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 225-912-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/225/912/#00-status) SEC content: no ##### [225-912-00-1](https://asc.understandingaccounting.org/asc/225/912/#225-912-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:09:01.316Z to 2026-09-09T23:09:01.316Z Record version: sha256:b9d8cf64b891da584e4a9890f8bea074a7c2021fd295769555ec60d96e1827a9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
912-225-05-1SupersededMaintenance Update 2017-19 (PDF)11/15/2017
912-225-05-1AmendedAccounting Standards Update No. 2014-0905/28/2014
912-225-45-1SupersededMaintenance Update 2017-19 (PDF)11/15/2017
912-225-45-1SupersededAccounting Standards Update No. 2014-0905/28/2014
912-225-45-2SupersededMaintenance Update 2017-19 (PDF)11/15/2017
912-225-45-2SupersededAccounting Standards Update No. 2014-0905/28/2014
912-225-45-3SupersededMaintenance Update 2017-19 (PDF)11/15/2017
912-225-45-4SupersededMaintenance Update 2017-19 (PDF)11/15/2017
912-225-45-4SupersededAccounting Standards Update No. 2014-0905/28/2014
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/) Source downloaded (UTC): 2026-09-09T23:09:06.477Z to 2026-09-09T23:09:06.477Z Record version: sha256:d22fc9136f5ccfbe68e4da550b5ad5b8d827159c3b6a01621ba6270a02a91385 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 225-912-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/225/912/#15-scope-and-scope-exceptions) SEC content: no ##### [225-912-15-1](https://asc.understandingaccounting.org/asc/225/912/#225-912-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:09:06.477Z to 2026-09-09T23:09:06.477Z Record version: sha256:289670bac4219697f3c60bbc27cea535acccc337c5c61c4908c99e64c7e4ac99 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/) Source downloaded (UTC): 2026-09-09T23:09:08.768Z to 2026-09-09T23:09:08.768Z Record version: sha256:22261b5a2225dd88161cf786c2f1930a20e7edf6a4839d2bbf9d2c728d5a1003 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 225-912-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/225/912/#45-other-presentation-matters) SEC content: no ##### [225-912-45-1](https://asc.understandingaccounting.org/asc/225/912/#225-912-45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:09:08.768Z to 2026-09-09T23:09:08.768Z Record version: sha256:d7999f51d54e6bbef23f827622c32540feba6155bb10b385e19f91dffccbd85a 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/) ##### [225-912-45-2](https://asc.understandingaccounting.org/asc/225/912/#225-912-45-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:09:08.768Z to 2026-09-09T23:09:08.768Z Record version: sha256:2076d4c911bf9759a106c38748f3834e57b09fc1d663c1a68d5e478090cd7ac0 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/) ##### [225-912-45-3](https://asc.understandingaccounting.org/asc/225/912/#225-912-45-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:09:08.768Z to 2026-09-09T23:09:08.768Z Record version: sha256:e1c7192e5197f7a1f09a3625ff5b57b457f2fd8e6832fa06f0a3d19ada587936 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/) ##### [225-912-45-4](https://asc.understandingaccounting.org/asc/225/912/#225-912-45-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:09:08.768Z to 2026-09-09T23:09:08.768Z Record version: sha256:9188599fb4aa4c1a2476a63228638f8211f1954c1c17fd3a91d7dd45314f6506 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/)