# ASC 250-978-05: Accounting Changes and Error Corrections — Real Estate—Time-Sharing Activities — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 250-978-05: 05 Overview and Background

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##### [250-978-05-1](https://asc.understandingaccounting.org/asc/250/978/#250-978-05-1)

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This Subtopic addresses changes in the delineation of [time-share](https://asc.understandingaccounting.org/glossary/t/#time-share "See Interval.") projects and phases.