# ASC 440-952: Commitments — Franchisors

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/440/952/)

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.

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## ASC 440-952: Commitments — Franchisors

### Machine-generated study aids

```json
{
  "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of the Commitments topic, but every substantive paragraph (05-1 overview, 15-1 scope, and 50-1 disclosure) was superseded by Maintenance Update 2017-09.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.",
  "key_points": [
    "All three paragraphs of this subtopic — 440-952-05-1, 440-952-15-1, and 440-952-50-1 — were superseded by Maintenance Update 2017-09, leaving no operative guidance.",
    "Because the subtopic is empty, a franchisor's unconditional purchase obligations and other commitments are disclosed under the general requirements of ASC 440-10.",
    "The supersession was part of the codification cleanup accompanying the new revenue standard, which relocated franchisor guidance formerly in ASC 952 to ASC 606.",
    "Students should not cite 440-952 as authority; a search that lands here must be redirected to ASC 440-10, ASC 606, or the ASC 952 subtopics that remain effective."
  ],
  "categories": [
    "Disclosure",
    "Industry-specific",
    "Transition and effective dates"
  ],
  "audience_level": "introductory",
  "student_note": "The only thing to know here is that this subtopic is a shell — every paragraph was superseded by Maintenance Update 2017-09. The common mistake is citing a superseded paragraph as live GAAP instead of going to ASC 440-10 for commitments or ASC 606 for franchise revenue.",
  "related_topics": [
    "440-10",
    "952",
    "952-606",
    "606",
    "606-10"
  ],
  "key_concepts": [
    "superseded guidance",
    "commitments",
    "franchisor",
    "disclosure of commitments",
    "codification cleanup"
  ]
}
```

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## ASC 440-952-00: 00 Status

[Read section](https://asc.understandingaccounting.org/asc/440/952/#00-status)

SEC content: no

##### [440-952-00-1](https://asc.understandingaccounting.org/asc/440/952/#440-952-00-1)

Pending content: no

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The following table identifies the changes made to this Subtopic.

<table class="asc-table" frame="all" id="SL109207908-218604"><tbody><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="https://asc.understandingaccounting.org/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="https://asc.understandingaccounting.org/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="https://asc.understandingaccounting.org/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="https://asc.understandingaccounting.org/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="https://asc.understandingaccounting.org/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="https://asc.understandingaccounting.org/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="https://asc.understandingaccounting.org/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></tbody></table>

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## ASC 440-952-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/440/952/#05-overview-and-background)

SEC content: no

##### [440-952-05-1](https://asc.understandingaccounting.org/asc/440/952/#440-952-05-1)

Pending content: no

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[Paragraph superseded by Maintenance Update 2017-09.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/)

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## ASC 440-952-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/440/952/#15-scope-and-scope-exceptions)

SEC content: no

#### Overall Guidance

##### [440-952-15-1](https://asc.understandingaccounting.org/asc/440/952/#440-952-15-1)

Pending content: no

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[Paragraph superseded by Maintenance Update 2017-09.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/)

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## ASC 440-952-20: 20 Glossary

[Read section](https://asc.understandingaccounting.org/asc/440/952/#20-glossary)

SEC content: no

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## ASC 440-952-50: 50 Disclosure

[Read section](https://asc.understandingaccounting.org/asc/440/952/#50-disclosure)

SEC content: no

##### [440-952-50-1](https://asc.understandingaccounting.org/asc/440/952/#440-952-50-1)

Pending content: no

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[Paragraph superseded by Maintenance Update 2017-09.](https://asc.understandingaccounting.org/updates/maintenance-updates-2017/)