# ASC 605-30: Revenue Recognition — Rights to Use Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/605/30/) 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): 2026-09-10T00:43:25.666Z to 2026-09-10T00:43:32.660Z Record version: sha256:1479df418b425f19c18b52ae1e2508d46d67d41af6c5c3e8cf7d36c699d21007 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-30: Revenue Recognition — Rights to Use ### Machine-generated study aids ```json { "summary": "ASC 605-30 was the legacy revenue recognition guidance for \"Rights to Use\" arrangements (transfers of rights to use property rather than sales of the property itself). Its substantive paragraphs — 605-30-05-1 (overview) and 605-30-25-1 (recognition) — were superseded by ASU 2014-09, so the subtopic is now an empty shell. Arrangements formerly analyzed here are accounted for under ASC 606 (or ASC 842 if the arrangement conveys a lease).", "key_points": [ "605-30-05-1 (overview of rights-to-use arrangements) was superseded by ASU 2014-09 and carries no remaining guidance.", "605-30-25-1 (recognition guidance for rights to use) was superseded by ASU 2014-09 and carries no remaining guidance.", "Because all substantive content is superseded, ASC 605-30 imposes no current recognition, measurement, presentation, or disclosure requirements.", "Revenue from transfers of a right to use is now evaluated under ASC 606's five-step model, including the licensing guidance in 606-10-55-54 through 55-65 where the right relates to intellectual property.", "If a rights-to-use arrangement conveys the right to control the use of an identified asset for a period in exchange for consideration, ASC 842 governs instead of ASC 606 (see 606-10-15-2).", "ASC 605 remains in the Codification only for historical reference and for entities that have not yet applied ASU 2014-09; effective dates and transition are in 606-10-65-1." ], "categories": [ "Revenue", "Recognition", "Transition and effective dates", "Leases" ], "audience_level": "introductory", "student_note": "This subtopic is a placeholder — every paragraph in it has been superseded by ASU 2014-09, so citing 605-30 as live authority is an error. The common misunderstanding is assuming rights-to-use arrangements still have their own special model; today they fall under ASC 606 (licenses of IP) or ASC 842 (leases).", "related_topics": [ "606-10", "842", "605-10", "340-40", "928", "920" ], "key_concepts": [ "rights to use", "superseded guidance", "legacy revenue recognition", "licensing", "five-step revenue model", "scope exclusion for leases" ] } ``` Source downloaded (UTC): 2026-09-10T00:43:25.666Z to 2026-09-10T00:43:25.666Z Record version: sha256:023908b51d839a8d3a412fb5950905e2f030dbc462e236c10fb6b78b37c4a5c3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-30-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/605/30/#00-status) SEC content: no ##### [605-30-00-1](https://asc.understandingaccounting.org/asc/605/30/#605-30-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:25.666Z to 2026-09-10T00:43:25.666Z Record version: sha256:6a423bcf9885694c5531b353fcf30e539335a331eb168457ba132ded8ea60930 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
605-30-05-1SupersededAccounting Standards Update No. 2014-0905/28/2014
605-30-25-1SupersededAccounting Standards Update No. 2014-0905/28/2014
Source downloaded (UTC): 2026-09-10T00:43:28.608Z to 2026-09-10T00:43:28.608Z Record version: sha256:1dea447d7020afdee4ab5a25987a5adf75fe9be47410c91cdd9acb9d6e10e480 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-30-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/605/30/#05-overview-and-background) SEC content: no ##### [605-30-05-1](https://asc.understandingaccounting.org/asc/605/30/#605-30-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:28.608Z to 2026-09-10T00:43:28.608Z Record version: sha256:091dd57001c3f9de9aec576fb7073bb4202a5fe3dee89d5a04989e54fd9229be 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): 2026-09-10T00:43:32.660Z to 2026-09-10T00:43:32.660Z Record version: sha256:1b82268367316e7369429d57d06ca16e69691e0fce746969f8cab3a4ab271509 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-30-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/605/30/#25-recognition) SEC content: no ##### [605-30-25-1](https://asc.understandingaccounting.org/asc/605/30/#605-30-25-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:32.660Z to 2026-09-10T00:43:32.660Z Record version: sha256:bc8ab619a106e8dce6d688dcbadda220f5ccb9afe9230c7443aae517522b0853 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/).