# ASC 405-50-05: Liabilities — Liabilities—Supplier Finance Programs — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 405-50-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/405/50/#05-overview-and-background)

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##### [405-50-05-1](https://asc.understandingaccounting.org/asc/405/50/#405-50-05-1)

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This Subtopic addresses the disclosures applicable for an entity that uses a supplier finance program in connection with the purchase of goods and services (the buyer in a supplier finance program). A supplier finance program also may be referred to as a reverse factoring, payables finance, or structured payables arrangement.