{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/450/20/#15-scope-and-scope-exceptions","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.","topic":"450","topic_title":"Contingencies","subtopic":"450-20","subtopic_title":"Loss Contingencies","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Overall Guidance","paragraphs":[{"citation":"450-20-15-1","para":"15-1","html":"
This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 450-10-15, with specific transaction exceptions noted below.
","snippet":"This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 450-10-15, with specific transaction exceptions noted below.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:afca066ba50a201d3b7fbce6f9dd0640ce7b05bd6e65aa3fc4b258939dab6b37","downloaded_from":"2026-09-10T00:27:06.347Z","last_downloaded_at":"2026-09-10T00:27:06.347Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482991","source_sha256":"65478d592fa8d93535c3cf512b127675463959483f1e41eae9bc33789f4c6498"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1786efa9f3a6902350cc92d372c0e21021ffa6463bdf682c78d15ad3641e294c","downloaded_from":"2026-09-10T00:27:06.347Z","last_downloaded_at":"2026-09-10T00:27:06.347Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482991","source_sha256":"65478d592fa8d93535c3cf512b127675463959483f1e41eae9bc33789f4c6498"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"450-20-15-2","para":"15-2","html":"
The following transactions are excluded from the scope of this Subtopic because they are addressed elsewhere in the Codification:
a
Stock issued to employees, which is discussed in Topic 718.
b
Employment-related costs, including deferred compensation contracts, which are discussed in Topics 710, 712, and 715. However, certain postemployment benefits are included in the scope of this Subtopic through application of paragraphs
Uncertainty in income taxes, which is discussed in Section 740-10-25.
d
Accounting and reporting by insurance entities, which is discussed in Topic 944.
e
Measurement of credit losses for instruments within the scope of Topic 326 on measurement of credit losses.
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