# ASC 330-976-05: Inventory — Real Estate—Retail Land — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/330/976/#05-overview-and-background)

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): 2026-09-09T23:53:24.824Z to 2026-09-09T23:53:24.824Z

Record version: sha256:3edc653191e57daa2f616e2f23f929782f8d3b6ba471c9c741e5115630c93137

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 330-976-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/330/976/#05-overview-and-background)

SEC content: no

##### [330-976-05-1](https://asc.understandingaccounting.org/asc/330/976/#330-976-05-1)

Pending content: no

Source downloaded (UTC): 2026-09-09T23:53:24.824Z to 2026-09-09T23:53:24.824Z

Record version: sha256:eef900a43a59f8facf8f8ae58337dc50077fc86b7f35d815efe6a7df42480b75

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


This Subtopic provides disclosure guidance concerning expenditures for improvements of entities with retail land sales operations.