{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/605/20/#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":"605","topic_title":"Revenue Recognition","subtopic":"605-20","subtopic_title":"Services","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Entities","paragraphs":[{"citation":"605-20-15-1","para":"15-1","html":"
The guidance in this Subtopic applies to all entities.
","snippet":"The guidance in this Subtopic applies to all entities.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5d811c4595002327c3bfc6877ceadafe094a3b59babd16ce877fd5e5181d19d2","downloaded_from":"2026-09-10T00:42:15.672Z","last_downloaded_at":"2026-09-10T00:42:15.672Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481325","source_sha256":"6f6c82404b64168dc592d86dfb25c7bc81f11e3caa2382dc003b716267e5cb19"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f51ddc974646d47152c907a4d462e7ccab491fed65c18b611bc7951c69422849","downloaded_from":"2026-09-10T00:42:15.672Z","last_downloaded_at":"2026-09-10T00:42:15.672Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147481325","source_sha256":"6f6c82404b64168dc592d86dfb25c7bc81f11e3caa2382dc003b716267e5cb19"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"605-20-15-2","para":"15-2","html":"
The guidance in this Subtopic applies to the following service activities and arrangements:
  1. a
    Separately priced extended warranty and product maintenance contracts.
  2. b
    Subparagraph superseded by Accounting Standards Update No. 2014-09.
  3. c
    Subparagraph superseded by Accounting Standards Update No. 2014-09.
  4. d
    Subparagraph superseded by Accounting Standards Update No. 2014-09.
  5. e
    Subparagraph superseded by Accounting Standards Update No. 2014-09.
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The guidance in this Subtopic does not apply to the following service activities and arrangements:
  1. a
    Guarantees accounted for as derivatives in accordance with Section 815-10-15
  2. b
    Product warranties, except extended warranty or product maintenance contracts. See paragraph 605-20-25-6.
  3. c
    Guarantees required to be accounted for as financial guarantee insurance contracts in accordance with Topic 944 on insurance.
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