# ASC 325-958-15: Investments—Other — Not-for-Profit Entities — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/325/958/#15-scope-and-scope-exceptions)

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## ASC 325-958-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/325/958/#15-scope-and-scope-exceptions)

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#### Overall Guidance

##### [325-958-15-1](https://asc.understandingaccounting.org/asc/325/958/#325-958-15-1)

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This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 958-10-15, with specific instrument exceptions noted below.

#### Instruments

##### [325-958-15-2](https://asc.understandingaccounting.org/asc/325/958/#325-958-15-2)

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The guidance in this Subtopic applies to other investments held by [not-for-profit entities](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") (NFPs) of the following types, among others, unless because of their characteristics they are included in paragraph [958-325-15-3](https://asc.understandingaccounting.org/asc/325/958/#325-958-15-3):

1.  a
    
    Investments in real estate
    
2.  b
    
    Mortgage notes that are not debt securities
    
3.  c
    
    [Subparagraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/).
    
4.  d
    
    [Subparagraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/).
    
5.  e
    
    Oil and gas interests
    
6.  f
    
    [Subparagraph superseded by Accounting Standards Update No. 2016-01](https://asc.understandingaccounting.org/updates/asu-2016-01/).

##### [325-958-15-3](https://asc.understandingaccounting.org/asc/325/958/#325-958-15-3)

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

1.  a
    
    Equity securities, which are subject to the requirements of Subtopic 958-321
    
2.  b
    
    Debt securities, which are subject to the requirements of Subtopic 958-320
    
3.  c
    
    Derivative instruments, including embedded derivatives, that are subject to the requirements of Topic 815
    
4.  d
    
    Investments in for-profit entities that are accounted for using the equity method in accordance with paragraph [958-810-15-4](https://asc.understandingaccounting.org/asc/810/958/#810-958-15-4)
    
5.  e
    
    Investments in for-profit subsidiaries that are consolidated in accordance with paragraph [958-810-15-4](https://asc.understandingaccounting.org/asc/810/958/#810-958-15-4)
    
6.  f
    
    Interests in NFPs that are consolidated in accordance with paragraph [958-810-25-2](https://asc.understandingaccounting.org/asc/810/958/#810-958-25-2), [958-810-25-3](https://asc.understandingaccounting.org/asc/810/958/#810-958-25-3), or [958-810-25-4](https://asc.understandingaccounting.org/asc/810/958/#810-958-25-4)
    
7.  g
    
    Interests in investments held for the NFP by a financially interrelated entity, which are subject to the requirements of Subtopic 958-20.