# ASC 360-910: Property, Plant, and Equipment — Contractors—Construction Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/360/910/) 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): 2026-09-10T00:07:59.323Z to 2026-09-10T00:08:11.902Z Record version: sha256:cf806e9517048ef2355e4e8f2e8624b2bd79b21b6a37bb523f9e3b3389e0a047 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 360-910: Property, Plant, and Equipment — Contractors—Construction ### Machine-generated study aids ```json { "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guidance on property, plant, and equipment, but every substantive paragraph (05-1, 15-1, 25-1, and 35-1) was superseded by Maintenance Update No. 2019-01.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"key_points": [ "All four paragraphs of this subtopic (360-910-05-1, 360-910-15-1, 360-910-25-1, 360-910-35-1) were superseded by Maintenance Update No. 2019-01, leaving no operative guidance.", "Because no industry-specific PP&E rules remain for construction contractors, the general guidance in ASC 360-10 on recognition, depreciation, and impairment of long-lived assets applies.", "Superseded paragraph numbers are retained in the Codification as placeholders; a superseded paragraph may not be cited as authoritative support.", "Revenue and cost accounting for construction-type contracts is governed by ASC 606 and ASC 340-40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" ] } ``` Source downloaded (UTC): 2026-09-10T00:07:59.323Z to 2026-09-10T00:07:59.323Z Record version: sha256:4249c2431d480be826ed16003697d9d615f68cefae9e31850c95a0ee795a452d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 360-910-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/360/910/#00-status) SEC content: no ##### [360-910-00-1](https://asc.understandingaccounting.org/asc/360/910/#360-910-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:07:59.323Z to 2026-09-10T00:07:59.323Z Record version: sha256:76226f2968d5394651b4394b0e61d51ae8ebb5eb4f08b90c452f2e8c9a20d450 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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

Source downloaded (UTC): 2026-09-10T00:08:02.766Z to 2026-09-10T00:08:02.766Z Record version: sha256:8ef145ea2faec9655db7b32f4217811f7d37a0fc508ecb74a3c5bd87c09798a7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 360-910-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/360/910/#05-overview-and-background) SEC content: no ##### [360-910-05-1](https://asc.understandingaccounting.org/asc/360/910/#360-910-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:08:02.766Z to 2026-09-10T00:08:02.766Z Record version: sha256:ba1c051e0749f377b7b5d82a9c752a3fcb5e0b452e0b13bb89352b65d1eebf64 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): 2026-09-10T00:08:05.746Z to 2026-09-10T00:08:05.746Z Record version: sha256:a14bdb7ce830cb4a7210a8e3edea54e7e0b090a617a0a143357d2e75b46d81a5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 360-910-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/360/910/#15-scope-and-scope-exceptions) SEC content: no ##### [360-910-15-1](https://asc.understandingaccounting.org/asc/360/910/#360-910-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:08:05.746Z to 2026-09-10T00:08:05.746Z Record version: sha256:d2219e59f69db900c0f5c93ca14ce0552ec406790c5e7c950b21e53f62c5e2aa 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): 2026-09-10T00:08:08.518Z to 2026-09-10T00:08:08.518Z Record version: sha256:0b124829d97d10b438716966b4158bf001db448ddf746cd9183bcb387e32b83e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 360-910-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/360/910/#25-recognition) SEC content: no ##### [360-910-25-1](https://asc.understandingaccounting.org/asc/360/910/#360-910-25-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:08:08.518Z to 2026-09-10T00:08:08.518Z Record version: sha256:93ae34cd95b5ec7d8c777cf9e67f5ebe8b25bada6730b877d5c650b44f8ca9e4 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): 2026-09-10T00:08:11.902Z to 2026-09-10T00:08:11.902Z Record version: sha256:c4baafd0a52c95e1a0d4416c379b8ff8405ff694fb6ffec1b26eeaa3f84e5ded Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 360-910-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/360/910/#35-subsequent-measurement) SEC content: no ##### [360-910-35-1](https://asc.understandingaccounting.org/asc/360/910/#360-910-35-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:08:11.902Z to 2026-09-10T00:08:11.902Z Record version: sha256:615c948919d97dc21eecf2f324b974e71dda6829a7530e88536032c264c4692c 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/)