{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/350/950/#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":"350","topic_title":"Intangibles—Goodwill and Other","subtopic":"350-950","subtopic_title":"Financial Services—Title Plant","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":"350-950-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_1877E574-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The guidance in this Subtopic applies to all entities that use a <a href=\"/glossary/t/#title-plant\" class=\"term\" title=\"A historical record of all matters affecting title to parcels of land in a particular geographic area. The number of years covered by a title plant varies, depending on regulatory requirements and the minimum information period considered necessary to issue title insurance policies efficiently.\"><span>title plant</span></a> in their operations. Those entities include, but are not limited to: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1877E6DB-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Title insurance entities (underwriters) </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1877E81E-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Title abstract entities </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1877E961-6E94-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Title agents. </span></span></div></li></ol></div></div>","snippet":"The guidance in this Subtopic applies to all entities that use a title plant in their operations. Those entities include, but are not limited to:\n(a) Title insurance entities (underwriters)\n(b) Title abstract entities\n(c…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a4c49f23e35c7c3898e3a17191c6d95bc7fa5779a9a711a3670d0b4d9753548b","downloaded_from":"2026-09-10T00:04:54.962Z","last_downloaded_at":"2026-09-10T00:04:54.962Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477761","source_sha256":"63ea2602f2a3cabc7eb263f5ca39832822415b616abada86ec74e3c570fdc5d8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:477dfc9f37a0e94f4e886fac5fb73e80bce6cdcf4ddc3209a4b4e0f98a9e35fe","downloaded_from":"2026-09-10T00:04:54.962Z","last_downloaded_at":"2026-09-10T00:04:54.962Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477761","source_sha256":"63ea2602f2a3cabc7eb263f5ca39832822415b616abada86ec74e3c570fdc5d8"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e69c5181df12ae7e9ecbf9b54063737a7ab6b0f058218b1c590b5d71eb10ee5a","downloaded_from":"2026-09-10T00:04:54.962Z","last_downloaded_at":"2026-09-10T00:04:54.962Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477761","source_sha256":"63ea2602f2a3cabc7eb263f5ca39832822415b616abada86ec74e3c570fdc5d8"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e69c5181df12ae7e9ecbf9b54063737a7ab6b0f058218b1c590b5d71eb10ee5a","downloaded_from":"2026-09-10T00:04:54.962Z","last_downloaded_at":"2026-09-10T00:04:54.962Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477761","source_sha256":"63ea2602f2a3cabc7eb263f5ca39832822415b616abada86ec74e3c570fdc5d8"}}