# ASC 310-10-S55: Receivables — Overall — SEC 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/310/10/#sec-55-implementation-guidance-and-illustrations)

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## ASC 310-10-S55: SEC 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/310/10/#sec-55-implementation-guidance-and-illustrations)

SEC content: yes

### Acquisition, Development, and Construction Arrangements

#### Criteria for Loan Accounting

##### [310-10-S55-1](https://asc.understandingaccounting.org/asc/310/10/#310-10-S55-1)

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See paragraph [310-10-S99-1](https://asc.understandingaccounting.org/asc/310/10/#310-10-S99-1), SAB Topic 1.I, Question 3, for SEC Staff views on criteria supporting accounting for a transaction as a mortgage loan.