# ASC 450-20-15: Contingencies — Loss Contingencies — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/450/20/#15-scope-and-scope-exceptions)

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## ASC 450-20-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/450/20/#15-scope-and-scope-exceptions)

SEC content: no

#### Overall Guidance

##### [450-20-15-1](https://asc.understandingaccounting.org/asc/450/20/#450-20-15-1)

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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.

#### Transactions

##### [450-20-15-2](https://asc.understandingaccounting.org/asc/450/20/#450-20-15-2)

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The following transactions are excluded from the scope of this Subtopic because they are addressed elsewhere in the Codification:

1.  a
    
    Stock issued to employees, which is discussed in Topic 718.
    
2.  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
    
    [712-10-25-4 through 25-5](https://asc.understandingaccounting.org/asc/712/10/#712-10-25-4)
    
    .
    
3.  c
    
    Uncertainty in income taxes, which is discussed in Section 740-10-25.
    
4.  d
    
    Accounting and reporting by insurance entities, which is discussed in Topic 944.
    
5.  e
    
    Measurement of credit losses for instruments within the scope of Topic 326 on measurement of credit losses.