# ASC 235-910-05: Notes to Financial Statements — Contractors—Construction — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/235/910/#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): 2026-09-09T23:14:43.097Z to 2026-09-09T23:14:43.097Z

Record version: sha256:4e85f8c2a118d6d8074f1f9e02f90d99afc6f0e79afc5a54df81ddbcbf9c2f78

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 235-910-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/235/910/#05-overview-and-background)

SEC content: no

##### [235-910-05-1](https://asc.understandingaccounting.org/asc/235/910/#235-910-05-1)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:14:43.097Z to 2026-09-09T23:14:43.097Z

Record version: sha256:725e086356fb0def288f49033496bc8fb118f6ddcde0fefde3f70c2f3ca56b4d

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


[Paragraph superseded by Maintenance Update No. 2019-01.](https://asc.understandingaccounting.org/updates/maintenance-updates-2019/)
