# ASC 323-970-15: Investments—Equity Method and Joint Ventures — Real Estate—General — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/323/970/#15-scope-and-scope-exceptions)

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## ASC 323-970-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/323/970/#15-scope-and-scope-exceptions)

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#### Overall Guidance

##### [323-970-15-1](https://asc.understandingaccounting.org/asc/323/970/#323-970-15-1)

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This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 970-10-15, with specific entity exceptions noted below.

#### Entities

##### [323-970-15-2](https://asc.understandingaccounting.org/asc/323/970/#323-970-15-2)

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The guidance in this Subtopic does not apply to the following entities:

1.  a
    
    Regulated investment entities and other entities that are required to account for investments at fair value.

##### [323-970-15-3](https://asc.understandingaccounting.org/asc/323/970/#323-970-15-3)

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See Sections 946-10-15 and 946-323-15 for applicability to unincorporated joint ventures and non-regulated investment entities.