{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/326/20/#15-scope-and-scope-exceptions","source":"FASB Accounting Standards Codification, Basic View","usage":"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.","topic":"326","topic_title":"Financial Instruments—Credit Losses","subtopic":"326-20","subtopic_title":"Measured at Amortized Cost","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Entities","paragraphs":[{"citation":"326-20-15-1","para":"15-1","html":"
The guidance in this Subtopic applies to all entities.
","snippet":"The guidance in this Subtopic applies to all entities.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9190f77497a9bf1162b747998bf7955a038fde4b78c0c7aad42d2a56c2ae97b0","downloaded_from":"2026-09-09T23:49:22.184Z","last_downloaded_at":"2026-09-09T23:49:22.184Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479453","source_sha256":"4079e958b23f6935c52a694efb2bdfdc3077c3804678180a7712d1ee9473c5fd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fe5e7eb9458e9afd318fc35d7c5f5b5372bcfc6809f67b8614da5ab26071d840","downloaded_from":"2026-09-09T23:49:22.184Z","last_downloaded_at":"2026-09-09T23:49:22.184Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479453","source_sha256":"4079e958b23f6935c52a694efb2bdfdc3077c3804678180a7712d1ee9473c5fd"}},{"block":null,"heading":"Instruments","paragraphs":[{"citation":"326-20-15-2","para":"15-2","html":"
The guidance in this Subtopic applies to the following items:
  1. a
    Financial assets measured at amortized cost basis, including the following:
    1. 1
      Financing receivables
    2. 2
      Held-to-maturity debt securities
    3. 3
      Receivables that result from revenue transactions within the scope of Topic 605 on revenue recognition, Topic 606 on revenue from contracts with customers, and Topic 610 on other income
    4. 4
      Subparagraph superseded by Accounting Standards Update No. 2019-04.
    5. 5
      Receivables that relate to repurchase agreements and securities lending agreements within the scope of Topic 860.
  2. b
    Net investments in leases recognized by a lessor in accordance with Topic 842 on leases.
  3. c
    Off-balance-sheet credit exposures not accounted for as insurance. Off-balance-sheet credit exposure refers to credit exposures on off-balance-sheet loan commitments, standby letters of credit, financial guarantees not accounted for as insurance, and other similar instruments, except for instruments within the scope of Topic 815 on derivatives and hedging.
  4. d
    Reinsurance recoverables that result from insurance transactions within the scope of Topic 944 on insurance.
","snippet":"The guidance in this Subtopic applies to the following items:\n(a) Financial assets measured at amortized cost basis, including the following:\n(1) Financing receivables\n(2) Held-to-maturity debt securities\n(3) Receivables…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:339c7072665c3b4ec5aef6235de6e7fd1dcd6186d970358b5bfcb683f88059ed","downloaded_from":"2026-09-09T23:49:22.184Z","last_downloaded_at":"2026-09-09T23:49:22.184Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479453","source_sha256":"4079e958b23f6935c52a694efb2bdfdc3077c3804678180a7712d1ee9473c5fd"}},{"citation":"326-20-15-3","para":"15-3","html":"
The guidance in this Subtopic does not apply to the following items:
  1. a
    Financial assets measured at fair value through net income
  2. b
    Available-for-sale debt securities
  3. c
    Loans made to participants by defined contribution employee benefit plans
  4. d
    Policy loan receivables of an insurance entity
  5. e
    Promises to give (pledges receivable) of a not-for-profit entity
  6. f
    Loans and receivables between entities under common control.
  7. g
    Receivables arising from operating leases accounted for in accordance with Topic 842.
","snippet":"The guidance in this Subtopic does not apply to the following items:\n(a) Financial assets measured at fair value through net income\n(b) Available-for-sale debt securities\n(c) Loans made to participants by defined contrib…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e45d8b0af963441cf5e99c58562e88309d6bbffa234bc6d02dca82d25104014f","downloaded_from":"2026-09-09T23:49:22.184Z","last_downloaded_at":"2026-09-09T23:49:22.184Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479453","source_sha256":"4079e958b23f6935c52a694efb2bdfdc3077c3804678180a7712d1ee9473c5fd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:220052db832d21b065947807ad2a31a434958beea8aae4079f6ad4ae89e3006d","downloaded_from":"2026-09-09T23:49:22.184Z","last_downloaded_at":"2026-09-09T23:49:22.184Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479453","source_sha256":"4079e958b23f6935c52a694efb2bdfdc3077c3804678180a7712d1ee9473c5fd"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3dc08e97e2df19d23d24ab1d08e49e2d788c97574441b31b1325b7cb825493d9","downloaded_from":"2026-09-09T23:49:22.184Z","last_downloaded_at":"2026-09-09T23:49:22.184Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479453","source_sha256":"4079e958b23f6935c52a694efb2bdfdc3077c3804678180a7712d1ee9473c5fd"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3dc08e97e2df19d23d24ab1d08e49e2d788c97574441b31b1325b7cb825493d9","downloaded_from":"2026-09-09T23:49:22.184Z","last_downloaded_at":"2026-09-09T23:49:22.184Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479453","source_sha256":"4079e958b23f6935c52a694efb2bdfdc3077c3804678180a7712d1ee9473c5fd"}}