# ASC 340-915: Other Assets and Deferred Costs — Development Stage Entities Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/340/915/) 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): 2026-09-09T23:56:51.161Z to 2026-09-09T23:57:08.174Z Record version: sha256:5b07595b37186a7086a5fbb0245b73b782869a7ef83f8c3a74e20c3fc0246ead Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 340-915: Other Assets and Deferred Costs — Development Stage Entities ### Machine-generated study aids ```json { "summary": "ASC 340-915 formerly provided guidance on other assets and deferred costs for development stage entities, but every paragraph in the subtopic (Sections 05, 15, 25, and 35) was superseded by Accounting Standards Update No. 2014-10. As a result, there is no longer any incremental GAAP for deferred costs that is specific to development stage entities; such entities apply the same recognition and measurement guidance as any other reporting entity.", "key_points": [ "All content of this subtopic — 340-915-05-1, 340-915-15-1, 340-915-25-1, and 340-915-35-1 through 35-2 — was superseded by ASU 2014-10.", "ASU 2014-10 eliminated the concept of a development stage entity from U.S. GAAP, removing the specialized incremental reporting requirements formerly found in Topic 915.", "Because no substantive guidance remains, an entity formerly meeting the development stage entity definition accounts for other assets and deferred costs under the general guidance in Topic 340 and other applicable Topics.", "Preexisting references to development stage entity deferral practices (for example, deferring organization or start-up type costs) are no longer supported by this subtopic; see Subtopic 720-15 for start-up costs.", "Students should treat this subtopic as a historical placeholder retained in the Codification only to record the supersession and its effective date." ], "categories": [ "Transition and effective dates", "Recognition", "Financial statement presentation" ], "audience_level": "introductory", "student_note": "Exam or research traps here are citation traps: if you find guidance pointing to 340-915, note it is entirely superseded by ASU 2014-10 and apply general GAAP instead. The common misunderstanding is assuming development stage entities may still defer costs (such as organization or start-up costs) that other entities must expense.", "related_topics": [ "915", "720-15", "340-10", "810-10", "275" ], "key_concepts": [ "development stage entity", "superseded guidance", "deferred costs", "other assets", "start-up costs" ] } ``` Source downloaded (UTC): 2026-09-09T23:56:51.161Z to 2026-09-09T23:56:51.161Z Record version: sha256:4ddb6bbfdf7b2549b1371ca8c0f8f56cd3555f6e3b77683313f72206d783332f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 340-915-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/340/915/#00-status) SEC content: no ##### [340-915-00-1](https://asc.understandingaccounting.org/asc/340/915/#340-915-00-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:56:51.161Z to 2026-09-09T23:56:51.161Z Record version: sha256:95ff7ce06114e4b437ef510594034b6f14efbe101f486ce9e543238bfc852e44 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
Development Stage EntitySupersededAccounting Standards Update No. 2014-1006/10/2014
915-340-05-1SupersededAccounting Standards Update No. 2014-1006/10/2014
915-340-15-1SupersededAccounting Standards Update No. 2014-1006/10/2014
915-340-25-1SupersededAccounting Standards Update No. 2014-1006/10/2014
915-340-35-1SupersededAccounting Standards Update No. 2014-1006/10/2014
915-340-35-2SupersededAccounting Standards Update No. 2014-1006/10/2014
Source downloaded (UTC): 2026-09-09T23:56:54.071Z to 2026-09-09T23:56:54.071Z Record version: sha256:565e717a5da7794860c54118e65505c5a6a5b28d77a036657b3f61b3255496ad Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 340-915-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/340/915/#05-overview-and-background) SEC content: no ##### [340-915-05-1](https://asc.understandingaccounting.org/asc/340/915/#340-915-05-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:56:54.071Z to 2026-09-09T23:56:54.071Z Record version: sha256:2c5f7b6691233d94a3629343f27a3d0e34117ff518e67978f79138a1772a1ceb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). Source downloaded (UTC): 2026-09-09T23:56:57.307Z to 2026-09-09T23:56:57.307Z Record version: sha256:b8666cd2822851f7e8ec168ae2adee97c74d05e6f8420ee733ab5a4d94a6a671 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 340-915-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/340/915/#15-scope-and-scope-exceptions) SEC content: no ##### [340-915-15-1](https://asc.understandingaccounting.org/asc/340/915/#340-915-15-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:56:57.307Z to 2026-09-09T23:56:57.307Z Record version: sha256:82772a1a42c22c5dfcdda3c9693865c41ce82c65f04de802646ca34cee0f55ed Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). Source downloaded (UTC): 2026-09-09T23:57:01.136Z to 2026-09-09T23:57:01.136Z Record version: sha256:bf80daccfc71ebb0d1c9b1bcb06f8014d57392beb32471eb856fa5712af96202 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 340-915-20: 20 Glossary [Read section](https://asc.understandingaccounting.org/asc/340/915/#20-glossary) SEC content: no Source downloaded (UTC): 2026-09-09T23:57:04.548Z to 2026-09-09T23:57:04.548Z Record version: sha256:cc2c2519644f65ce7c2cfb504ce2fa199439d5b0a24b66cbc295ea4f56b8b7b6 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 340-915-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/340/915/#25-recognition) SEC content: no ##### [340-915-25-1](https://asc.understandingaccounting.org/asc/340/915/#340-915-25-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:57:04.548Z to 2026-09-09T23:57:04.548Z Record version: sha256:cf301a98731e31a037bee5656fdc989da2008201fc2ff80fae8e0c897dd505c9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). Source downloaded (UTC): 2026-09-09T23:57:08.174Z to 2026-09-09T23:57:08.174Z Record version: sha256:613a8f90da93be402ea86a64096266ac68f499e182576288363c8b573bb02688 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 340-915-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/340/915/#35-subsequent-measurement) SEC content: no ##### [340-915-35-1](https://asc.understandingaccounting.org/asc/340/915/#340-915-35-1) Pending content: no Source downloaded (UTC): 2026-09-09T23:57:08.174Z to 2026-09-09T23:57:08.174Z Record version: sha256:e93b4fe115bf741a541c643fb3fbc81cd94ac0c7a76701f514a7cf561792a88d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). ##### [340-915-35-2](https://asc.understandingaccounting.org/asc/340/915/#340-915-35-2) Pending content: no Source downloaded (UTC): 2026-09-09T23:57:08.174Z to 2026-09-09T23:57:08.174Z Record version: sha256:ef6c8804a6da106f131b28c0de9db938e2c3ed6ae714d426b581baefeb6ca678 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/).