# ASC 323-30-05: Investments—Equity Method and Joint Ventures — Partnerships, Joint Ventures, and Limited Liability Entities — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 323-30-05: 05 Overview and Background

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##### [323-30-05-1](https://asc.understandingaccounting.org/asc/323/30/#323-30-05-1)

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This Subtopic provides guidance on applying the criteria for equity method accounting to investments in partnerships, unincorporated joint ventures, and limited liability companies.

##### [323-30-05-2](https://asc.understandingaccounting.org/asc/323/30/#323-30-05-2)

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See Section 323-10-05 for a discussion of the interaction of guidance in the multiple Subtopics within the Investments—Equity Method and Joint Ventures Topic.