# ASC 605-20: Revenue Recognition — Services Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/605/20/) 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. Source downloaded (UTC): 2026-09-10T00:42:09.507Z to 2026-09-10T00:42:36.164Z Record version: sha256:37e90c730e6b70bc448885ccaf3742491e197327c04a0dcc28a768afa027d8f1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20: Revenue Recognition — Services ### Machine-generated study aids ```json { "summary": "After ASU 2014-09 gutted most of legacy Topic 605, ASC 605-20 survives only as the guidance on recognizing a loss (onerous-contract provision) on separately priced extended warranty and product maintenance contracts. A separately priced contract is one whose price is not included in the original price of the covered product. If expected costs of providing the services plus any capitalized incremental cost of obtaining the contract exceed the related unearned revenue (contract liability), a loss must be recognized.", "key_points": [ "The Subtopic applies to all entities but now covers only separately priced extended warranty and product maintenance contracts (605-20-15-1; 605-20-15-2(a)).", "It does not apply to guarantees accounted for as derivatives under Section 815-10-15, to ordinary product warranties (other than extended warranty/maintenance contracts), or to financial guarantee insurance contracts under Topic 944 (605-20-15-3).", "A contract is 'separately priced' when the contract price for warranty protection or product services is not included in the original price of the covered product (605-20-25-1).", "A loss is recognized when expected costs of providing services plus any asset recognized for incremental costs of obtaining the contract exceed the related unearned revenue (contract liability) (605-20-25-6).", "Contracts must be grouped in a consistent manner to determine whether a loss exists (605-20-25-6).", "The loss is charged first against any recognized asset for incremental costs of obtaining a contract (determined under 340-40-25-1 through 25-4), and only the excess is recognized as a liability (605-20-25-6).", "Revenue recognition for these contracts is now governed by Topic 606; 605-20's revenue and disclosure paragraphs were superseded by ASU 2014-09 (605-20-25-2 through 25-5; 605-20-50-1)." ], "categories": [ "Revenue", "Recognition", "Contingencies and guarantees", "Subsequent measurement" ], "audience_level": "intermediate", "student_note": "Remember that 605-20 is a remnant: revenue on extended warranties is recognized under Topic 606, and only the loss/onerous-contract rule stays here. The common mistake is applying it to ordinary (assurance-type) product warranties bundled into the product price — those go to Topic 460/606, not 605-20.", "related_topics": [ "606", "340-40", "460", "815-10", "944" ], "key_concepts": [ "separately priced extended warranty", "product maintenance contract", "onerous contract loss", "unearned revenue", "contract liability", "incremental costs of obtaining a contract", "product warranty", "contract grouping" ] } ``` Source downloaded (UTC): 2026-09-10T00:42:09.507Z to 2026-09-10T00:42:09.507Z Record version: sha256:1ca605906028bfa4c85204a9004506ccabbb563172b79e5a9213f21dd21d3949 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/605/20/#00-status) SEC content: no ##### [605-20-00-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:09.507Z to 2026-09-10T00:42:09.507Z Record version: sha256:a8e4518431d7e9a6eaba3987a5993706cbe24a2cb30b5a9f83ab5f4b790ed9d7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
ContractAddedAccounting Standards Update No. 2014-0905/28/2014
Contract LiabilityAddedAccounting Standards Update No. 2014-0905/28/2014
CustomerAddedAccounting Standards Update No. 2014-0905/28/2014
Retrospective Insurance ArrangementsSupersededAccounting Standards Update No. 2014-0905/28/2014
RevenueAddedAccounting Standards Update No. 2014-0905/28/2014
605-20-05-1AmendedAccounting Standards Update No. 2014-0905/28/2014
605-20-05-2SupersededAccounting Standards Update No. 2014-0905/28/2014
605-20-05-3SupersededAccounting Standards Update No. 2014-0905/28/2014
605-20-15-2AmendedAccounting Standards Update No. 2014-0905/28/2014
605-20-15-3AmendedAccounting Standards Update No. 2014-0905/28/2014
605-20-25-1AmendedAccounting Standards Update No. 2014-0905/28/2014
605-20-25-2 through 25-5
SupersededAccounting Standards Update No. 2014-0905/28/2014
605-20-25-6AmendedAccounting Standards Update No. 2014-0905/28/2014
605-20-25-7 through 25-19
SupersededAccounting Standards Update No. 2014-0905/28/2014
605-20-50-1SupersededAccounting Standards Update No. 2014-0905/28/2014
Source downloaded (UTC): 2026-09-10T00:42:12.336Z to 2026-09-10T00:42:12.336Z Record version: sha256:33ae28d0138c71054963974d1a434d6dc22a49935c7c07825fe65a6184dce20d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/605/20/#05-overview-and-background) SEC content: no ##### [605-20-05-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:12.336Z to 2026-09-10T00:42:12.336Z Record version: sha256:0c0ab73cb8a6bc3fe7f5a361f15fe8bbd2d3de51b7f3e2d916bf2a084c63df2b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Subtopic specifies the accounting for the provision for losses on separately priced [extended warranty](https://asc.understandingaccounting.org/glossary/e/#extended-warranty "An agreement to provide warranty protection in addition to the scope of coverage of the manufacturer's original warranty, if any, or to extend the period of coverage provided by the manufacturer's original warranty.") and [product maintenance contracts](https://asc.understandingaccounting.org/glossary/p/#product-maintenance-contracts "An agreement to perform certain agreed-upon services to maintain a product for a specified period of time. The terms of the contract may take different forms, such as an agreement to periodically perform a particular service a specified number of times over a specified period of time, or an agreement to perform a particular service as the need arises over the term of the contract."). ##### [605-20-05-2](https://asc.understandingaccounting.org/asc/605/20/#605-20-05-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:12.336Z to 2026-09-10T00:42:12.336Z Record version: sha256:6d46850e8d95af3c287629756fd017ac680e426f3223efd30d72d5833d653948 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-05-3](https://asc.understandingaccounting.org/asc/605/20/#605-20-05-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:12.336Z to 2026-09-10T00:42:12.336Z Record version: sha256:7803a426380907c636c800426570758b24d27c38d02b6f8a66616d5574ac71cb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). Source downloaded (UTC): 2026-09-10T00:42:15.672Z to 2026-09-10T00:42:15.672Z Record version: sha256:4fee6a86532b75c635c6f11681b453a81e822ac82aa6d60bf55b164035b1b6b9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/605/20/#15-scope-and-scope-exceptions) SEC content: no #### Entities ##### [605-20-15-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:15.672Z to 2026-09-10T00:42:15.672Z Record version: sha256:5d811c4595002327c3bfc6877ceadafe094a3b59babd16ce877fd5e5181d19d2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Subtopic applies to all entities. #### Transactions ##### [605-20-15-2](https://asc.understandingaccounting.org/asc/605/20/#605-20-15-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:15.672Z to 2026-09-10T00:42:15.672Z Record version: sha256:f912adde641246fb6f8d1c2da1f17cd6d3896d7902ee48d0d2981f23c65121ce Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Subtopic applies to the following service activities and arrangements: 1. a Separately priced [extended warranty](https://asc.understandingaccounting.org/glossary/e/#extended-warranty "An agreement to provide warranty protection in addition to the scope of coverage of the manufacturer's original warranty, if any, or to extend the period of coverage provided by the manufacturer's original warranty.") and [product maintenance contracts](https://asc.understandingaccounting.org/glossary/p/#product-maintenance-contracts "An agreement to perform certain agreed-upon services to maintain a product for a specified period of time. The terms of the contract may take different forms, such as an agreement to periodically perform a particular service a specified number of times over a specified period of time, or an agreement to perform a particular service as the need arises over the term of the contract."). 2. b [Subparagraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). 3. c [Subparagraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). 4. d [Subparagraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). 5. e [Subparagraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-15-3](https://asc.understandingaccounting.org/asc/605/20/#605-20-15-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:15.672Z to 2026-09-10T00:42:15.672Z Record version: sha256:f009b9e19dd11e091d591f8a27889f453b3b96a91a8ab9805b36c571101df70e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-6). 3. c Guarantees required to be accounted for as financial guarantee insurance contracts in accordance with Topic 944 on insurance. Source downloaded (UTC): 2026-09-10T00:42:17.865Z to 2026-09-10T00:42:17.865Z Record version: sha256:bf80daccfc71ebb0d1c9b1bcb06f8014d57392beb32471eb856fa5712af96202 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-20: 20 Glossary [Read section](https://asc.understandingaccounting.org/asc/605/20/#20-glossary) SEC content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:20c34d9108b7cecf1007dacd081c39f4507e10f03338a4497942e78e8c09a2c1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/605/20/#25-recognition) SEC content: no #### Separately Priced Extended Warranty and Product Maintenance Contracts ##### [605-20-25-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:503df7bc98fed6759fb66e39f8ad5212464d5d1e6f78d02f7feee35454a5e4be Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Separately priced contracts](https://asc.understandingaccounting.org/glossary/s/#separately-priced-contracts "An agreement under which the customer has the option to purchase an extended warranty or a product maintenance contract for an expressly stated amount separate from the price of the product.") for [extended warranty](https://asc.understandingaccounting.org/glossary/e/#extended-warranty "An agreement to provide warranty protection in addition to the scope of coverage of the manufacturer's original warranty, if any, or to extend the period of coverage provided by the manufacturer's original warranty.") and [product maintenance contracts](https://asc.understandingaccounting.org/glossary/p/#product-maintenance-contracts "An agreement to perform certain agreed-upon services to maintain a product for a specified period of time. The terms of the contract may take different forms, such as an agreement to periodically perform a particular service a specified number of times over a specified period of time, or an agreement to perform a particular service as the need arises over the term of the contract.") provide warranty protection or product services and the contract price of these contracts is not included in the original price of the product covered by the contracts. ##### [605-20-25-2](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:f6f6db7fdd0f95e071e59d1a228d36d6fec708d511affcfe2cc8cd66c6acbadd Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-3](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:bbab21efa63ff68f48bd5173782b80f049f403518c4ce500bf9e45e4b2439fae Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-4](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:83355cbaa02c3ede7384af83955f0dc231bac3ea7cd4a84e2def9966f1784066 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-5](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:6b44289ef48fddf7b6c682b77359ccf12928fccb254c8c6eade8973c9e9259c1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-6](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-6) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:a8c1e9b08cc74f7e62ca35f587421ef3ad3c7129180887ef2722ec3a2ecddbd8 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A loss shall be recognized on extended warranty or product maintenance contracts if the sum of the expected costs of providing services under the contracts and any asset recognized for the incremental cost of obtaining a contract exceeds the related unearned revenue ([contract liability](https://asc.understandingaccounting.org/glossary/c/#contract-liability "An entity's obligation to transfer goods or services to a customer for which the entity has received consideration (or the amount is due) from the customer.")). Extended warranty or product maintenance contracts shall be grouped in a consistent manner to determine if a loss exists. A loss shall be recognized first by charging to expense any recognized asset for the incremental costs of obtaining a [contract](https://asc.understandingaccounting.org/glossary/c/#contract "An agreement between two or more parties that creates enforceable rights and obligations."), determined in accordance with the guidance in paragraphs [340-40-25-1 through 25-4](https://asc.understandingaccounting.org/asc/340/40/#340-40-25-1) for contracts within scope of Topic 606 on [revenue](https://asc.understandingaccounting.org/glossary/r/#revenue "Inflows or other enhancements of assets of an entity or settlements of its liabilities (or a combination of both) from delivering or producing goods, rendering services, or other activities that constitute the entity's ongoing major or central operations.") from contracts with [customers](https://asc.understandingaccounting.org/glossary/c/#customer "A party that has contracted with an entity to obtain goods or services that are an output of the entity's ordinary activities in exchange for consideration."). If the loss is greater than the recognized asset for the incremental costs of obtaining a contract, a liability shall be recognized for the excess. ##### [605-20-25-7](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-7) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:688497a4aa66084f9e252896f3a38de20031435f49ef136df9560bba1d954d09 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-8](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-8) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:384ac55e54e8dd57c4bb0211a0f535db508387ff8de2e037ea8b74a0916fa10c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-9](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-9) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:57c6243821b00763fb74cffa9177e16eed6bd8ac48c731749f9d6d993a8f2b4d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-10](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-10) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:957b8485d2b758b3a0b825c1a870cf8f7fa8e1661455c4f8e2c73c8299ea46a2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-11](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-11) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:fb58e1ccbac51fbc5fe22880c85ac7ad9da67cb903eebfe794c59baa4c15d035 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-12](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-12) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:9e92f966a68cc61a6ba5eee0cc6825a166ae78b920ad6ca7126d96cacc598edd Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-13](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-13) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:5cd5e286ddade7d921aae9e23da62235f3c28debfd01169370227128b313b334 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-14](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-14) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:59e08f559afb89d3923e4fb520624bd6c172f6cd97c2030b87b8ef20ff8301f1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-15](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-15) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:86d08be39e9e6dbbe92b31751f7b4b7a2727b96c2926da832fe36c866ed7962b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-16](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-16) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:26c9d541250a25da0931cc9ba5e5c1b9d5b185a5ef531f8c4cc1b1f8f901f345 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-17](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-17) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:f2fc5713f3a67804df1049d6d8f9b905ed166162c57cfb3b0d7f7450a04206bd Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-18](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-18) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:326ca7b350104709ad3ba94a30f83d20c9eab971a3a7c393921083994c296748 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-20-25-19](https://asc.understandingaccounting.org/asc/605/20/#605-20-25-19) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:21.141Z to 2026-09-10T00:42:21.141Z Record version: sha256:74d9caa2b6b59c2eafc82e2ad33365bddb3bf8a64f47d0f75243978ea6a3f884 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). Source downloaded (UTC): 2026-09-10T00:42:23.675Z to 2026-09-10T00:42:23.675Z Record version: sha256:f150a5b5a8785ba3524ab38b3cb7ba90477ebdae77e70599498dc1f3096cd4e8 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/605/20/#50-disclosure) SEC content: no ##### [605-20-50-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:23.675Z to 2026-09-10T00:42:23.675Z Record version: sha256:58e5f5cf5809bea4dbbc8d4262e9602bbd06b942f8be0316174871ddbed1704a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). Source downloaded (UTC): 2026-09-10T00:42:26.068Z to 2026-09-10T00:42:26.068Z Record version: sha256:9b1f38420e7890ddc8a33dbcec316225bedc6f661c7ed6b4d3a5ceb1a15d9ffa Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-S00: SEC 00 Status [Read section](https://asc.understandingaccounting.org/asc/605/20/#sec-00-status) SEC content: yes ##### [605-20-S00-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-S00-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:26.068Z to 2026-09-10T00:42:26.068Z Record version: sha256:20286bb16738bed298b42a891d2393e060575e7eb99980b0239e9822075d87d8 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
605-20-S25-1SupersededAccounting Standards Update No. 2016-1105/02/2016
605-20-S25-2SupersededAccounting Standards Update No. 2017-1309/29/2017
605-20-S50-1SupersededAccounting Standards Update No. 2017-1309/29/2017
605-20-S99-1SupersededAccounting Standards Update No. 2017-1309/29/2017
605-20-S99-1AmendedAccounting Standards Update No. 2010-0401/15/2010
605-20-S99-2SupersededAccounting Standards Update No. 2016-1105/02/2016
Source downloaded (UTC): 2026-09-10T00:42:28.164Z to 2026-09-10T00:42:28.164Z Record version: sha256:1cceecca33467ee400eb17964d79f972ef85edd16d14c7827664daacd648cff9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-S25: SEC 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/605/20/#sec-25-recognition) SEC content: yes ##### [605-20-S25-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-S25-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:28.164Z to 2026-09-10T00:42:28.164Z Record version: sha256:9807f10716cb56b3bd08ae5eb9348d49727c8c6870e501d75d26f305b40cd7ab Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-11](https://asc.understandingaccounting.org/updates/asu-2016-11/). ##### [605-20-S25-2](https://asc.understandingaccounting.org/asc/605/20/#605-20-S25-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:28.164Z to 2026-09-10T00:42:28.164Z Record version: sha256:4a1d6975e17ac073224737e9e64e21efe70513db5282331ba14959df31afeea0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2017-13](https://asc.understandingaccounting.org/updates/asu-2017-13/). Source downloaded (UTC): 2026-09-10T00:42:32.154Z to 2026-09-10T00:42:32.154Z Record version: sha256:07c727d3632f7cd0b2e3b35c14a9dd8a1f1d6d3200f5de9384533ab5e18b31db Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-S50: SEC 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/605/20/#sec-50-disclosure) SEC content: yes ##### [605-20-S50-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-S50-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:32.154Z to 2026-09-10T00:42:32.154Z Record version: sha256:0c9e11c534900274b52fd97fd05377682e7ce8e380f7c4b21a16d8d56819421c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2017-13](https://asc.understandingaccounting.org/updates/asu-2017-13/). Source downloaded (UTC): 2026-09-10T00:42:36.164Z to 2026-09-10T00:42:36.164Z Record version: sha256:f02adeb75d0134970a6424cbced43e034f3ab9fb561b63161e0771486f9e1deb Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-20-S99: SEC 99 SEC Materials [Read section](https://asc.understandingaccounting.org/asc/605/20/#sec-99-sec-materials) SEC content: yes ##### [605-20-S99-1](https://asc.understandingaccounting.org/asc/605/20/#605-20-S99-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:36.164Z to 2026-09-10T00:42:36.164Z Record version: sha256:c2c49157245d3fb84b2cc205f1a180159de7b776ad8a05eb14a1fb0bb6684c93 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2017-13](https://asc.understandingaccounting.org/updates/asu-2017-13/). ##### [605-20-S99-2](https://asc.understandingaccounting.org/asc/605/20/#605-20-S99-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:42:36.164Z to 2026-09-10T00:42:36.164Z Record version: sha256:aafc87813751f805feeee232e5ba19038a02c2461907fc51e94dc6ea062d6e61 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2016-11](https://asc.understandingaccounting.org/updates/asu-2016-11/).