{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/255/10/#15-scope-and-scope-exceptions","source":"FASB Accounting Standards Codification, Basic View","usage":"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.","topic":"255","topic_title":"Changing Prices","subtopic":"255-10","subtopic_title":"Overall","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Overall Guidance","paragraphs":[{"citation":"255-10-15-1","para":"15-1","html":"
The Scope Section of the Overall Subtopic establishes the pervasive scope for the Changing Prices Topic.
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The guidance in the Changing Prices Topic applies to the following entities:
  1. a
    Business entities that prepare their financial statements in U.S. dollars and in accordance with U.S. generally accepted accounting principles (GAAP)
  2. b
    Foreign entities that prepare financial statements in the currency of the country in which the operations reported on are conducted and that operate in countries with hyperinflationary economies.
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The disclosure of information on the effects of changing prices as outlined in this Topic is encouraged, but not required.
","snippet":"The disclosure of information on the effects of changing prices as outlined in this Topic is encouraged, but not required.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:886b1514ddf09dbb87ff2591c1d43e1bedbac66b5b3077a36bcc3a807c728790","downloaded_from":"2026-09-09T23:18:07.612Z","last_downloaded_at":"2026-09-09T23:18:07.612Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481977","source_sha256":"875690fd4a8c5f17688a4e2eb625fe2ac6535428dc8f51821beb233f7d6ca357"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:11a658a76afdadd8bbd4177a38d593f56f613be550d870976e38b62aa37f78cb","downloaded_from":"2026-09-09T23:18:07.612Z","last_downloaded_at":"2026-09-09T23:18:07.612Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481977","source_sha256":"875690fd4a8c5f17688a4e2eb625fe2ac6535428dc8f51821beb233f7d6ca357"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b7dd34536c151fd0df6b2e3cdecb4ca46e749453fcafc29a8827dd0a61da9276","downloaded_from":"2026-09-09T23:18:07.612Z","last_downloaded_at":"2026-09-09T23:18:07.612Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481977","source_sha256":"875690fd4a8c5f17688a4e2eb625fe2ac6535428dc8f51821beb233f7d6ca357"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b7dd34536c151fd0df6b2e3cdecb4ca46e749453fcafc29a8827dd0a61da9276","downloaded_from":"2026-09-09T23:18:07.612Z","last_downloaded_at":"2026-09-09T23:18:07.612Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481977","source_sha256":"875690fd4a8c5f17688a4e2eb625fe2ac6535428dc8f51821beb233f7d6ca357"}}