{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/360/910/","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.","number":"360-910","topic":"360","title":"Contractors—Construction","area":"Assets","paragraphs":5,"summary":"ASC 360-910 was the construction-contractor-specific guidance on property, plant, and equipment, but every substantive paragraph (05-1, 15-1, 25-1, and 35-1) was superseded by Maintenance Update No. 2019-01. The subtopic is now an empty shell containing no operative recognition, measurement, or scope guidance. Contractors therefore apply the general PP&E guidance in ASC 360-10 (and, for contract accounting, ASC 606 and ASC 340-40).","concepts":["superseded guidance","construction contractors","property, plant, and equipment","industry-specific guidance","long-lived assets","codification housekeeping"],"categories":["Inventory and PP&E","Industry-specific","Transition and effective dates"],"level":"introductory","topic_title":"Property, Plant, and Equipment","sections":[{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"360-910-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
Paragraph Action Accounting Standards Update Date
910-360-05-1 Superseded Maintenance Update No. 2019-01 (PDF) 01/08/2019
910-360-15-1 Superseded Maintenance Update No. 2019-01 (PDF) 01/08/2019
910-360-25-1 Superseded Maintenance Update No. 2019-01 (PDF) 01/08/2019
910-360-35-1 Superseded Maintenance Update No. 2019-01 (PDF) 01/08/2019
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\n910-360-05-1 | Superseded | Maintenance Update No. 2019-01 | 01/08/2019 |\n910-360-15-1 |…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:76226f2968d5394651b4394b0e61d51ae8ebb5eb4f08b90c452f2e8c9a20d450","downloaded_from":"2026-09-10T00:07:59.323Z","last_downloaded_at":"2026-09-10T00:07:59.323Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478676","source_sha256":"4fd66487791070f661c310a3591f767ed5cb4fbe08d03592eb9f40eb83503f38"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c73533b9a3343e0af8f7e64a510b4ac95ac337c74c383bda96463b41762af663","downloaded_from":"2026-09-10T00:07:59.323Z","last_downloaded_at":"2026-09-10T00:07:59.323Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478676","source_sha256":"4fd66487791070f661c310a3591f767ed5cb4fbe08d03592eb9f40eb83503f38"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4249c2431d480be826ed16003697d9d615f68cefae9e31850c95a0ee795a452d","downloaded_from":"2026-09-10T00:07:59.323Z","last_downloaded_at":"2026-09-10T00:07:59.323Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478676","source_sha256":"4fd66487791070f661c310a3591f767ed5cb4fbe08d03592eb9f40eb83503f38"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"360-910-05-1","para":"05-1","html":"
Paragraph superseded by Maintenance Update No. 2019-01.
","snippet":"Paragraph superseded by Maintenance Update No. 2019-01.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ba1c051e0749f377b7b5d82a9c752a3fcb5e0b452e0b13bb89352b65d1eebf64","downloaded_from":"2026-09-10T00:08:02.766Z","last_downloaded_at":"2026-09-10T00:08:02.766Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478291","source_sha256":"294e2d33115ad2704781d8933382a3dc51a060a006e702cf10d591177d8a7af2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f282ec2a4aa6bdb594606218efa9a2c81737d3b24e77db6cf55aa47717b11383","downloaded_from":"2026-09-10T00:08:02.766Z","last_downloaded_at":"2026-09-10T00:08:02.766Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478291","source_sha256":"294e2d33115ad2704781d8933382a3dc51a060a006e702cf10d591177d8a7af2"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8ef145ea2faec9655db7b32f4217811f7d37a0fc508ecb74a3c5bd87c09798a7","downloaded_from":"2026-09-10T00:08:02.766Z","last_downloaded_at":"2026-09-10T00:08:02.766Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478291","source_sha256":"294e2d33115ad2704781d8933382a3dc51a060a006e702cf10d591177d8a7af2"}},{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"360-910-15-1","para":"15-1","html":"
Paragraph superseded by Maintenance Update No. 2019-01.
","snippet":"Paragraph superseded by Maintenance Update No. 2019-01.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d2219e59f69db900c0f5c93ca14ce0552ec406790c5e7c950b21e53f62c5e2aa","downloaded_from":"2026-09-10T00:08:05.746Z","last_downloaded_at":"2026-09-10T00:08:05.746Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478712","source_sha256":"0b690f13b368661f3d1f0f0b83b1f553dd6ad6d58193dd096efcb5818b79dbfe"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:26f55c4fee41faf923d10a2a7737d9825d4372ec1689fa74fcbc81d46e5d7888","downloaded_from":"2026-09-10T00:08:05.746Z","last_downloaded_at":"2026-09-10T00:08:05.746Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478712","source_sha256":"0b690f13b368661f3d1f0f0b83b1f553dd6ad6d58193dd096efcb5818b79dbfe"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a14bdb7ce830cb4a7210a8e3edea54e7e0b090a617a0a143357d2e75b46d81a5","downloaded_from":"2026-09-10T00:08:05.746Z","last_downloaded_at":"2026-09-10T00:08:05.746Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478712","source_sha256":"0b690f13b368661f3d1f0f0b83b1f553dd6ad6d58193dd096efcb5818b79dbfe"}},{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"360-910-25-1","para":"25-1","html":"
Paragraph superseded by Maintenance Update No. 2019-01.
","snippet":"Paragraph superseded by Maintenance Update No. 2019-01.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:93ae34cd95b5ec7d8c777cf9e67f5ebe8b25bada6730b877d5c650b44f8ca9e4","downloaded_from":"2026-09-10T00:08:08.518Z","last_downloaded_at":"2026-09-10T00:08:08.518Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478191","source_sha256":"6eca53c07fd840f5a4e7475892426edd96cd7a1797c8e9b88d30b7c75b236dd0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:95b2d4f6a6bd764fbdfb3718f72136dc44c098fb21a75e1e07ba0633116bc49b","downloaded_from":"2026-09-10T00:08:08.518Z","last_downloaded_at":"2026-09-10T00:08:08.518Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478191","source_sha256":"6eca53c07fd840f5a4e7475892426edd96cd7a1797c8e9b88d30b7c75b236dd0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0b124829d97d10b438716966b4158bf001db448ddf746cd9183bcb387e32b83e","downloaded_from":"2026-09-10T00:08:08.518Z","last_downloaded_at":"2026-09-10T00:08:08.518Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478191","source_sha256":"6eca53c07fd840f5a4e7475892426edd96cd7a1797c8e9b88d30b7c75b236dd0"}},{"number":"35","label":"35 Subsequent Measurement","anchor":"35-subsequent-measurement","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"360-910-35-1","para":"35-1","html":"
Paragraph superseded by Maintenance Update No. 2019-01.
","snippet":"Paragraph superseded by Maintenance Update No. 2019-01.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:615c948919d97dc21eecf2f324b974e71dda6829a7530e88536032c264c4692c","downloaded_from":"2026-09-10T00:08:11.902Z","last_downloaded_at":"2026-09-10T00:08:11.902Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478863","source_sha256":"5ec16020e5cc452e752a1e8467cd4380d939285140faaaf126ff505ce1c49f58"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7c0e10ba9ba14eb936e8e142911be44bec0b2f00a2e73e0604d3345d6860e001","downloaded_from":"2026-09-10T00:08:11.902Z","last_downloaded_at":"2026-09-10T00:08:11.902Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478863","source_sha256":"5ec16020e5cc452e752a1e8467cd4380d939285140faaaf126ff505ce1c49f58"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c4baafd0a52c95e1a0d4416c379b8ff8405ff694fb6ffec1b26eeaa3f84e5ded","downloaded_from":"2026-09-10T00:08:11.902Z","last_downloaded_at":"2026-09-10T00:08:11.902Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478863","source_sha256":"5ec16020e5cc452e752a1e8467cd4380d939285140faaaf126ff505ce1c49f58"}}],"enrichment":{"summary":"ASC 360-910 was the construction-contractor-specific guidance on property, plant, and equipment, but every substantive paragraph (05-1, 15-1, 25-1, and 35-1) was superseded by Maintenance Update No. 2019-01. The subtopic is now an empty shell containing no operative recognition, measurement, or scope guidance. Contractors therefore apply the general PP&E guidance in ASC 360-10 (and, for contract accounting, ASC 606 and ASC 340-40).","key_points":["All four paragraphs of this subtopic (360-910-05-1, 360-910-15-1, 360-910-25-1, 360-910-35-1) were superseded by Maintenance Update No. 2019-01, leaving no operative guidance.","Because no industry-specific PP&E rules remain for construction contractors, the general guidance in ASC 360-10 on recognition, depreciation, and impairment of long-lived assets applies.","Superseded paragraph numbers are retained in the Codification as placeholders; a superseded paragraph may not be cited as authoritative support.","Revenue and cost accounting for construction-type contracts is governed by ASC 606 and ASC 340-40 rather than by any remaining content in ASC 910.","Maintenance Updates are non-substantive housekeeping changes, so the supersession here reflects cleanup of redundant guidance rather than a change in accounting outcomes."],"categories":["Inventory and PP&E","Industry-specific","Transition and effective dates"],"audience_level":"introductory","student_note":"Know that an empty subtopic is not a gap in GAAP — it means the general topic (here ASC 360-10) controls. The common mistake is citing a superseded paragraph number found in older textbooks as if it were still authoritative.","related_topics":["360-10","910","910-360","606","340-40"],"key_concepts":["superseded guidance","construction contractors","property, plant, and equipment","industry-specific guidance","long-lived assets","codification housekeeping"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:58018650d3bb0d2f7afafe8f8801eb7b9564617f22aa27c5a5a11825434773c4","downloaded_from":"2026-09-10T00:07:59.323Z","last_downloaded_at":"2026-09-10T00:08:11.902Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"330-910","title":"Contractors—Construction","topic_title":"Inventory","score":0.9001,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6be642ee8a2e080eeef5e0649d6f515d84bab2417b112a9c08ae8c3347236cbd","downloaded_from":"2026-09-09T23:52:16.516Z","last_downloaded_at":"2026-09-09T23:52:29.423Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"310-910","title":"Contractors—Construction","topic_title":"Receivables","score":0.8786,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:56a86974201aa570fd22966cecde8809cdf785b0222b01669352a00c657c01b7","downloaded_from":"2026-09-09T23:28:06.186Z","last_downloaded_at":"2026-09-09T23:28:18.985Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"235-910","title":"Contractors—Construction","topic_title":"Notes to Financial Statements","score":0.8562,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1d7404192593f43c67132d9cfff3243b54a828400c5d5335ea2360423dd71c77","downloaded_from":"2026-09-09T23:14:39.794Z","last_downloaded_at":"2026-09-09T23:14:49.098Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"340-910","title":"Contractors—Construction","topic_title":"Other Assets and Deferred Costs","score":0.8193,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:914a0ec886c58adc0ebb5d856a81ab86dd8e34e7e1f9c02378863b9cf5836eb8","downloaded_from":"2026-09-09T23:56:37.773Z","last_downloaded_at":"2026-09-09T23:56:47.153Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"225-912","title":"Contractors—Federal Government","topic_title":"Income Statement","score":0.7496,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:75701903d47a508f7c9d84b172bc04a59239eb18de2396cacdab8d81ae0c543a","downloaded_from":"2026-09-09T23:09:01.316Z","last_downloaded_at":"2026-09-09T23:09:08.768Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"605-910","title":"Contractors—Construction","topic_title":"Revenue Recognition","score":0.7282,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bb990d1f29ece8ab58eee9328991f1ef8e9c0be8798f608af967e21530a39cbc","downloaded_from":"2026-09-10T00:46:12.096Z","last_downloaded_at":"2026-09-10T00:46:24.233Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}],"prev":{"number":"360-908","title":"Airlines","topic_title":"Property, Plant, and Equipment","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0b273e4df688473faaf42f6f3b18899f84402ec6361a98b3f3a49f7d5b404474","downloaded_from":"2026-09-10T00:07:28.720Z","last_downloaded_at":"2026-09-10T00:07:56.986Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"next":{"number":"360-922","title":"Entertainment—Cable Television","topic_title":"Property, Plant, and Equipment","provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3c6b439e3576a870ef80b7fe8b9b3b12d0c3d1fb2a9b85a26921502e743c4006","downloaded_from":"2026-09-10T00:08:15.419Z","last_downloaded_at":"2026-09-10T00:08:28.839Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cf806e9517048ef2355e4e8f2e8624b2bd79b21b6a37bb523f9e3b3389e0a047","downloaded_from":"2026-09-10T00:07:59.323Z","last_downloaded_at":"2026-09-10T00:08:11.902Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}}