# ASC 330-910: Inventory — Contractors—Construction Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/330/910/) 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): 2026-09-09T23:52:16.516Z to 2026-09-09T23:52:29.423Z Record version: sha256:1e54b242e2b2526874fc1090160ebe5ab00bd51f98a11b37fe31f33a4960c103 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 330-910: Inventory — Contractors—Construction ### Machine-generated study aids ```json { "summary": "ASC 330-910 was the inventory guidance specific to construction contractors, addressing how contractors accounted for inventoried costs (e.g., uninstalled materials and precontract costs) under Topic 330. All of its substantive paragraphs — Sections 05 (Overview and Background), 15 (Scope), 25 (Recognition), and 40 (Derecognition) — were superseded by Maintenance Update No. 2019-01, so the subtopic contains no operative guidance. Contractors now look to the general inventory guidance in Topic 330 and to the revenue and contract cost guidance in Topics 606 and 340-40.", "key_points": [ "Every paragraph of this subtopic (330-910-05-1, 330-910-15-1, 330-910-25-1, and 330-910-40-1) states 'Paragraph superseded by Maintenance Update No. 2019-01.'", "Because the subtopic is fully superseded, it imposes no recognition, measurement, or derecognition requirements and should not be cited as authoritative support.", "Industry-specific inventory guidance for construction contractors was removed as part of the codification cleanup that followed adoption of Topic 606 and Subtopic 340-40 on revenue and contract costs.", "Construction contractors apply the general inventory guidance in Topic 330 to inventoried materials and supplies.", "Costs of obtaining and fulfilling contracts with customers (including precontract and uninstalled materials costs) are addressed under Subtopic 340-40 and Topic 606 rather than under 330-910." ], "categories": [ "Inventory and PP&E", "Industry-specific", "Transition and effective dates" ], "audience_level": "intermediate", "student_note": "The only thing to know here is that this subtopic is empty — Maintenance Update No. 2019-01 wiped out all four paragraphs. Students sometimes cite legacy contractor inventory rules from 330-910 (or old Topic 605-35 concepts); today the answer lies in Topic 330 generally plus Topic 606 and Subtopic 340-40 for contract costs.", "related_topics": [ "330", "340-40", "606", "910", "605-35" ], "key_concepts": [ "superseded guidance", "construction contractor inventory", "industry-specific guidance", "contract costs", "uninstalled materials", "codification cleanup" ] } ``` Source downloaded (UTC): 2026-09-09T23:52:16.516Z to 2026-09-09T23:52:16.516Z Record version: sha256:de3e9dff17e5640ac92377fb03bc5385952fe007a9096e9e12b37748ccc76e3a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 330-910-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/330/910/#00-status) SEC content: no ##### [330-910-00-1](https://asc.understandingaccounting.org/asc/330/910/#330-910-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:52:16.516Z to 2026-09-09T23:52:16.516Z Record version: sha256:95bda3ad795a0fc6a82ed6a30a6ad09b8713a90adacd80da575fba03d6b35c70 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
910-330-05-1SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
910-330-15-1SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
910-330-25-1SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
910-330-40-1SupersededMaintenance Update No. 2019-01 (PDF)01/08/2019
Source downloaded (UTC): 2026-09-09T23:52:19.708Z to 2026-09-09T23:52:19.708Z Record version: sha256:5831a5fc371c094937f1b6d1acad9576d6d9c5bb7dde93afeaa04fd6bfdc2fec Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 330-910-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/330/910/#05-overview-and-background) SEC content: no ##### [330-910-05-1](https://asc.understandingaccounting.org/asc/330/910/#330-910-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:52:19.708Z to 2026-09-09T23:52:19.708Z Record version: sha256:67f123f33baf59bb69b844a14b4943d75b0ab1266e06b0e978a6685d75c6821e 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): 2026-09-09T23:52:23.685Z to 2026-09-09T23:52:23.685Z Record version: sha256:9644f85f20244c1011e7bfc4187d8a123597f07c2007d96a5b9ec2dba1c045cc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 330-910-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/330/910/#15-scope-and-scope-exceptions) SEC content: no ##### [330-910-15-1](https://asc.understandingaccounting.org/asc/330/910/#330-910-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:52:23.685Z to 2026-09-09T23:52:23.685Z Record version: sha256:82d81f600d963b2d5550abab86fd5fdef8b362c5daa79ab6143bf9344a19e281 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): 2026-09-09T23:52:25.574Z to 2026-09-09T23:52:25.574Z Record version: sha256:c11173109b612e8876ee8e0ba527cc907ac7efdeba24dd6792df469ed9edcf5b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 330-910-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/330/910/#25-recognition) SEC content: no ##### [330-910-25-1](https://asc.understandingaccounting.org/asc/330/910/#330-910-25-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:52:25.574Z to 2026-09-09T23:52:25.574Z Record version: sha256:f93e8996c35ce6aa0e95ff7e052ea9434bce213c60b802d7a4d8bced7f876588 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): 2026-09-09T23:52:29.423Z to 2026-09-09T23:52:29.423Z Record version: sha256:05cbd2c66b85fdbe13b12b736c0ae0963a93c7c29c383618f9e81b28c1bf1b53 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 330-910-40: 40 Derecognition [Read section](https://asc.understandingaccounting.org/asc/330/910/#40-derecognition) SEC content: no ##### [330-910-40-1](https://asc.understandingaccounting.org/asc/330/910/#330-910-40-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:52:29.423Z to 2026-09-09T23:52:29.423Z Record version: sha256:9713a52d362b020c1c620b7d1b2fb04f0e3e3cf89088720ae3b7bb7d89e46e7d 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/)