{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/440/952/","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":"440-952","topic":"440","title":"Franchisors","area":"Liabilities","paragraphs":4,"summary":"ASC 440-952 was the franchisor-specific extension of the Commitments topic, but every substantive paragraph (05-1 overview, 15-1 scope, and 50-1 disclosure) was superseded by Maintenance Update 2017-09. The subtopic therefore contains no remaining guidance; franchisor commitment and disclosure requirements now fall under the general Commitments guidance in ASC 440-10 and, for franchise revenue, ASC 606.","concepts":["superseded guidance","commitments","franchisor","disclosure of commitments","codification cleanup"],"categories":["Disclosure","Industry-specific","Transition and effective dates"],"level":"introductory","topic_title":"Commitments","sections":[{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"440-952-00-1","para":"00-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following table identifies the changes made to this Subtopic.</div> <div class=\"norm-text\"> <table class=\"asc-table\" frame=\"all\" id=\"SL109207908-218604\"> <tr> <td class=\"entry\"> <strong class=\"ph b\">Paragraph</strong> </td> <td class=\"entry\"> <strong class=\"ph b\">Action</strong> </td> <td class=\"entry\"> <strong class=\"ph b\">Accounting Standards Update</strong> </td> <td class=\"entry\"> <strong class=\"ph b\">Date</strong> </td> </tr> <tr> <td class=\"entry\"></td> <td class=\"entry\"></td> <td class=\"entry\"></td> <td class=\"entry\"></td> </tr> <tr> <td class=\"entry\"> <strong class=\"ph b\">Franchisor</strong> </td> <td class=\"entry\">Superseded</td> <td class=\"entry\"> <a href=\"/asc-pdf/GUID-50D32A8D-C67E-4B35-84CA-AC58A8D5D957.pdf\" class=\"pdf-link\" target=\"_blank\" rel=\"noopener\">Maintenance Update 2017-09 (PDF)</a> </td> <td class=\"entry\">05/30/2017</td> </tr> <tr> <td class=\"entry\"></td> <td class=\"entry\"></td> <td class=\"entry\"></td> <td class=\"entry\"></td> </tr> <tr> <td class=\"entry\"> <a href=\"/asc/440/952/#440-952-05-1\" class=\"xref\">952-440-05-1</a> </td> <td class=\"entry\">Superseded</td> <td class=\"entry\"> <a href=\"/asc-pdf/GUID-50D32A8D-C67E-4B35-84CA-AC58A8D5D957.pdf\" class=\"pdf-link\" target=\"_blank\" rel=\"noopener\">Maintenance Update 2017-09 (PDF)</a> </td> <td class=\"entry\">05/30/2017</td> </tr> <tr> <td class=\"entry\"> <a href=\"/asc/440/952/#440-952-15-1\" class=\"xref\">952-440-15-1</a> </td> <td class=\"entry\">Superseded</td> <td class=\"entry\"> <a href=\"/asc-pdf/GUID-50D32A8D-C67E-4B35-84CA-AC58A8D5D957.pdf\" class=\"pdf-link\" target=\"_blank\" rel=\"noopener\">Maintenance Update 2017-09 (PDF)</a> </td> <td class=\"entry\">05/30/2017</td> </tr> <tr> <td class=\"entry\"> <a href=\"/asc/440/952/#440-952-50-1\" class=\"xref\">952-440-50-1</a> </td> <td class=\"entry\">Superseded</td> <td class=\"entry\"> <a href=\"/asc-pdf/GUID-50D32A8D-C67E-4B35-84CA-AC58A8D5D957.pdf\" class=\"pdf-link\" target=\"_blank\" rel=\"noopener\">Maintenance Update 2017-09 (PDF)</a> </td> <td class=\"entry\">05/30/2017</td> </tr> </table> </div> </div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | 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2017-09.</a></div></div>","snippet":"Paragraph superseded by Maintenance Update 2017-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2ffd2bf844ef33d268ef3920e6a025885f21a2e3d3e6b17111b4cd0ffa7076ed","downloaded_from":"2026-09-10T00:26:21.596Z","last_downloaded_at":"2026-09-10T00:26:21.596Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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Expenses","score":0.7938,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e6bf643f9d880dc624d11ec36e042c1dd7da1d9dc0a8397f62f8388ac59a5361","downloaded_from":"2026-09-10T01:12:09.288Z","last_downloaded_at":"2026-09-10T01:12:26.241Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},{"number":"340-952","title":"Franchisors","topic_title":"Other Assets and Deferred Costs","score":0.786,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8a34e1359ad18655e13b8c09c752b7c1fad70799d8060a0642b2b9151287c95d","downloaded_from":"2026-09-09T23:58:29.537Z","last_downloaded_at":"2026-09-09T23:58:41.693Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not 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