# ASC 310-910: Receivables — Contractors—Construction Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/310/910/) 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): 2026-09-09T23:28:06.186Z to 2026-09-09T23:28:18.985Z Record version: sha256:b12a41e367061753a1aea822a7d8772bf2fe820ae3adef078c3277e26fb408ef Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 310-910: Receivables — Contractors—Construction ### Machine-generated study aids ```json { "summary": "ASC 310-910 was the industry-specific guidance on receivables of construction contractors (classification and disclosure of contract receivables, retainage, and unbilled amounts). Every paragraph in the subtopic has been superseded — the presentation and disclosure paragraphs by ASU 2014-09 (the revenue standard) and the remainder by Maintenance Update No. 2019-01. As a result, the subtopic now contains no substantive guidance; contract asset, contract receivable, and retainage questions for contractors are addressed under ASC 606 (and ASC 326 for credit losses).", "key_points": [ "All content in this subtopic is superseded: 310-910-05-1, 15-1, 45-1, 50-3 and 50-4 by Maintenance Update No. 2019-01, and 310-910-45-2, 50-1 and 50-2 by Accounting Standards Update No. 2014-09.", "Because 310-910-45-2 (presentation) and 310-910-50-1 through 50-2 (disclosure) were removed by ASU 2014-09, contractors present and disclose contract balances — receivables, contract assets, contract liabilities, and retainage — under ASC 606-10-45 and 606-10-50.", "There is no longer any construction-contractor-specific receivables scope guidance (310-910-15-1 superseded), so the general receivables guidance in ASC 310 applies to contractor receivables.", "Measurement of expected credit losses on contractor receivables follows ASC 326-20 rather than any industry-specific rule in this subtopic.", "A reader should treat citations to 310-910 in older literature or textbooks as obsolete and redirect to ASC 606 and ASC 910." ], "categories": [ "Presentation", "Disclosure", "Transition and effective dates", "Industry-specific" ], "audience_level": "intermediate", "student_note": "Know this subtopic mainly as a dead end: it is fully superseded, so any exam or research question about contractor receivables, unbilled amounts, or retainage should be answered from ASC 606 (contract assets/receivables) and ASC 326 (credit losses). The common mistake is citing legacy 310-910 or ASC 605-35 presentation rules that ASU 2014-09 eliminated.", "related_topics": [ "606", "910", "310", "326", "605" ], "key_concepts": [ "superseded guidance", "construction contractor receivables", "retainage", "contract asset", "contract receivable", "unbilled receivables", "industry-specific guidance" ] } ``` Source downloaded (UTC): 2026-09-09T23:28:06.186Z to 2026-09-09T23:28:06.186Z Record version: sha256:6cbb266aca6babf3b23f9e2a2d1b04fe9d19fa01d803bf54bb1bbbe91307b694 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 310-910-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/310/910/#00-status) SEC content: no ##### [310-910-00-1](https://asc.understandingaccounting.org/asc/310/910/#310-910-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:06.186Z to 2026-09-09T23:28:06.186Z Record version: sha256:f60b226969629bccd8b75f7bfd98a17f26ce3120b1943106b1ae70e9fdfaa6e9 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
910-310-05-1SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
910-310-15-1SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
910-310-45-1SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
910-310-45-2SupersededAccounting Standards Update No. 2014-0905/28/2014
910-310-50-1SupersededAccounting Standards Update No. 2014-0905/28/2014
910-310-50-2SupersededAccounting Standards Update No. 2014-0905/28/2014
910-310-50-3SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
910-310-50-4SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
Source downloaded (UTC): 2026-09-09T23:28:09.092Z to 2026-09-09T23:28:09.092Z Record version: sha256:c01788e0f9c210c0ef586fd445fb04dca06de9f5a140c02afc4f45b44b884106 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 310-910-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/310/910/#05-overview-and-background) SEC content: no ##### [310-910-05-1](https://asc.understandingaccounting.org/asc/310/910/#310-910-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:09.092Z to 2026-09-09T23:28:09.092Z Record version: sha256:a630f9bf8a767420da2107d0621d74e177d6596f77e880af52043c8b9237b346 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/) Source downloaded (UTC): 2026-09-09T23:28:12.282Z to 2026-09-09T23:28:12.282Z Record version: sha256:331d3b0ca32b13000df08da8b81b69ae64801d7c4a874e08eb6ca70be6abb07b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 310-910-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/310/910/#15-scope-and-scope-exceptions) SEC content: no ##### [310-910-15-1](https://asc.understandingaccounting.org/asc/310/910/#310-910-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:12.282Z to 2026-09-09T23:28:12.282Z Record version: sha256:f803fcd5c9d18fa33adc5ff0c3e41a9b03fc2b9ca570a974fcc34ffe3583e844 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/) Source downloaded (UTC): 2026-09-09T23:28:15.000Z to 2026-09-09T23:28:15.000Z Record version: sha256:93a2c7be681905925409bd8ea105f49c3e746ee33dd5fd140df386ff2b2df866 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 310-910-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/310/910/#45-other-presentation-matters) SEC content: no ##### [310-910-45-1](https://asc.understandingaccounting.org/asc/310/910/#310-910-45-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:15.000Z to 2026-09-09T23:28:15.000Z Record version: sha256:4dde54f0d787755ff2b2dae44775288a1fc308f80e43210c6c6e7f5d9dc5692e 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/) ##### [310-910-45-2](https://asc.understandingaccounting.org/asc/310/910/#310-910-45-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:15.000Z to 2026-09-09T23:28:15.000Z Record version: sha256:c2c3e0def28246e666b2f51d2612e362756ee17bd721447e16b7358ccd71c831 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). Source downloaded (UTC): 2026-09-09T23:28:18.985Z to 2026-09-09T23:28:18.985Z Record version: sha256:827744ef31eb0d56a1b4a303061e7688dd7e859f0fbdcdf71bcfdff75c7663e0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 310-910-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/310/910/#50-disclosure) SEC content: no ##### [310-910-50-1](https://asc.understandingaccounting.org/asc/310/910/#310-910-50-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:18.985Z to 2026-09-09T23:28:18.985Z Record version: sha256:f095444c0d99a99688cbc542afb7506b2ee48ad744bb901e2da51193c63918eb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [310-910-50-2](https://asc.understandingaccounting.org/asc/310/910/#310-910-50-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:18.985Z to 2026-09-09T23:28:18.985Z Record version: sha256:9d544d0b24ae5204eff2a6315a5c08b3d6bf41fc2e2b10f9786e3e00c9e9e30a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [310-910-50-3](https://asc.understandingaccounting.org/asc/310/910/#310-910-50-3) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:18.985Z to 2026-09-09T23:28:18.985Z Record version: sha256:40477061177d89810be5549887b6f304671869263fea083e7d163d082b7e27fa 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/) ##### [310-910-50-4](https://asc.understandingaccounting.org/asc/310/910/#310-910-50-4) Pending content: no Source downloaded (UTC): 2026-09-09T23:28:18.985Z to 2026-09-09T23:28:18.985Z Record version: sha256:47718557d106e19a634656f6fd78ae0ccca8601adaa37ec5eb9311de5ac936b2 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/)