# ASC 605-35-25: Revenue Recognition — Construction-Type and Production-Type Contracts — 25 Recognition Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/605/35/#25-recognition) 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): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:7cf9c2803b8c81cf1d1a467740c67cfaf9eabbc6a3b8cf9fa220bd9af6984449 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-35-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/605/35/#25-recognition) SEC content: no ##### [605-35-25-1](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:be3efd9c65efdf0715b990d491723cff1799972486e610094b0ca74bf22dbd7d 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 [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-35-25-2](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:69f33c471378066274ec87a9f1be136f472a3f28823b596e57502780e04df34a 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 [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-35-25-3](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:d31cee9b1990603e61b8dad475f58064dda6500ad2e45393d6e3456e1b1bd780 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/). ##### [605-35-25-4](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:91f45fecf8579f143a7b87ce122c1768aca1234528f091e842d3eaea31ee621f 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/). ##### [605-35-25-5](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:484aad4318974c4b9abb0026ecdb863863e76863bcda30ce1ced1905a8a11ea9 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/). ##### [605-35-25-6](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-6) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:1588fdb370eaf6fdbccf1cc72b44b691bdf127249a1d12d6546f32b77032c243 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/). #### Combining Contracts ##### [605-35-25-7](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-7) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:fec237a320ad0b6fec99329d0ad8eb95e2bb50c895d82eee26d5fe0229a3efcc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Contracts](https://asc.understandingaccounting.org/glossary/c/#contract "An agreement between two or more parties that creates enforceable rights and obligations.") shall be combined to determine the need for a provision for losses in accordance with paragraphs [605-35-25-45 through 25-49](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-45) only if they meet the criteria in 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."), specifically paragraph [606-10-25-9](https://asc.understandingaccounting.org/asc/606/10/#606-10-25-9). ##### [605-35-25-8](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-8) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:061e91962563e06299dd1fe8ce5038179a37a9d99b38b512df64e4be3b54e5e8 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/). ##### [605-35-25-9](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-9) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:a61c26941ee0e3cd60a57cedaa4bd56bfec3434517b7c077e39957c923b0c0db 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/). #### Identifying Performance Obligations ##### [605-35-25-10](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-10) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:ec37989b70294985dfd616a170ae6efbba62b61d2d37fb74d4ff317881d0c165 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A single contract or a group of contracts that otherwise meet the criteria for combining (see paragraph [605-35-25-7](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-7)) may include more than one [performance obligation](https://asc.understandingaccounting.org/glossary/p/#performance-obligation "A promise in a contract with a customer to transfer to the customer either: A good or service (or a bundle of goods or services) that is distinct A series of distinct goods or services that are substantially the same and that have the same pattern of transfer to the customer."), identified in accordance with Topic 606 on revenue from contracts with customers, specifically paragraphs [606-10-25-14 through 25-22](https://asc.understandingaccounting.org/asc/606/10/#606-10-25-14) . ##### [605-35-25-11](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-11) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:a1124528cb29d068a276c00fd115c88b142c26ac408b27598fb93c1ea6b80921 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/). ##### [605-35-25-12](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-12) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:d0fa66430abf586cc718c9c802702a9999c289e27c393b8f712cd38fd33f099d 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/). ##### [605-35-25-13](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-13) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:13821581b92eadd838af96909c05064d28676f2e5e5bf74d727243085fe17770 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/). ##### [605-35-25-14](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-14) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:880d527017086d9f936e9aaebf945237213a0f3c28d26012d486cd5fb9af1268 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/). ##### [605-35-25-15](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-15) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:7f4e13b30f71edff4114cc6164244fb18800df217d6d2e0ce78740f94f325134 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/). ##### [605-35-25-16](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-16) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:dc087611bb3b2003636a36c1734a720cf398cfa871bd7f43734e6c3b58982307 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/). ##### [605-35-25-17](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-17) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:e7de4c64e534867406f548cb2c3c5bc0fdae0fafd069dd79e3a83aef80eb1049 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/). ##### [605-35-25-18](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-18) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:0fc5d9ccc3c0d8951ad223ff9e98f02375169579bcc2e067349d200466652c70 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/). ##### [605-35-25-19](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-19) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:1e06f625ab93edae4ad8d1c785017c6ed9f24c95a789a1377cb07044600b300e 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/). ##### [605-35-25-20](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-20) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:0aa5c2690771aa4d32aae6638275a23a9f945cefc30ffc17040e62908f1c8dc8 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/). ##### [605-35-25-21](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-21) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:5dc5d81012a6bcb5eec0c670a454f14b4363718cdb19fffb605085188d628a71 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/). ##### [605-35-25-22](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-22) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:c128f4705aa013582fc3e008ee6dc947acb7250bb5d7fd4498041a66878ce546 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/). ##### [605-35-25-23](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-23) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:8c605778b03d00ccf1a3d634fa635a5c50bb2bb9023f56a2d1820549432c21b1 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/). ##### [605-35-25-24](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-24) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:1e0b74c27e2b5923349501aea7993a9ccce1199842b9aa18e03051401bfde642 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/). ##### [605-35-25-25](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-25) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:89146ddc81801d22e14d59924b5c4aed1ce417a3538510f686ae2da69c48ccc3 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/). ##### [605-35-25-26](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-26) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:569965fa2f5dcb86d92b39d0d4dd71936750dd2b3befa1fd8793b99747842bab 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/). ##### [605-35-25-27](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-27) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:6bc3c7252baef7fa93983f5cf44e27b443c242bf282c8799b96948292efa7d8a 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/). ##### [605-35-25-28](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-28) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:96c98060a996da04c2a01b87777919e02d82e9f9dd328050b8a7289255c7f222 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/). ##### [605-35-25-29](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-29) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:e1e36f182640417394e7b74cd1277aabfb61b9bbf6b6c231ca7ae5974dc280b0 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/). ##### [605-35-25-30](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-30) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:2c36f4d2309183d0465947e1b0883adfd8c8b146b69b3abc97c451ede3b5d761 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/). ##### [605-35-25-31](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-31) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:6b22a586feb2f7a3e65cfedc7ed793466e3ca2f3206aab87de2b83fc3a7b1bbd 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/). ##### [605-35-25-32](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-32) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:05af8371e62a42c2665b79d4f5ce1a720f917b261b7eb5496fc7e763f95a8186 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/). ##### [605-35-25-33](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-33) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:377a65b87a5e65bea47eabdb45ed8882dea4cba8c0254a9fce7d87af81e7c1a2 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/). ##### [605-35-25-34](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-34) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:17525ff50d5c4b37aba52ca24dea058a3154a1fcee4ee3fb57745df602e28e9a 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/). ##### [605-35-25-35](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-35) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:3815f24a56dc7a5ef4056c0177dc8b592a2232b8ea5672d6f4238c73b977946b 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/). ##### [605-35-25-36](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-36) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:473ec1b3cd4f2ee2bfa6d9d8a19cdd3a7a07d6be1cfc693e42979af22a2c0a28 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/). ##### [605-35-25-37](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-37) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:a0402923037ecd538c34de5623a3dff6c2b4ae52469546b42c582d0fd15e43b9 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/). ##### [605-35-25-38](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-38) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:92b039210e206584ad956244b88f733cabb6a580066d8d42ec996176fa94222c 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/). ##### [605-35-25-39](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-39) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:2d0dea241a2c93d7b293226f08d8087b5f693fb346aeb868dfc00ad9f152b45f 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/). ##### [605-35-25-40](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-40) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:ea7545b10069bb3b5c2d2219712effc644444fbb0b5cd93893148fa6d7ac2952 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/). ##### [605-35-25-41](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-41) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:cbd874cffa7ce2053ea2b01fe31f1890aa7f7c752155be34121a2739d5d1c9ac 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/). ##### [605-35-25-42](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-42) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:877f78a9f46fe653698836c886c5aaa1ae3b3209249ce4128c9c105821db4763 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/). ##### [605-35-25-43](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-43) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:42327b28255e055d4a2624626bb6201b039f9455fb19013c9ad277c2449ed2e4 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/). ##### [605-35-25-44](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-44) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:948386558ca083ef7d4e6d28d994051760fd9d4a5e27697c4852183a29a6136e 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/). #### Provisions for Losses on Contracts ##### [605-35-25-45](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-45) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:bd4551f04f671b772ff03ee564b5b72451983438fd1b2282ac59ef85fe209da9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For a contract on which a loss is anticipated, an entity shall recognize the entire anticipated loss as soon as the loss becomes evident. ##### [605-35-25-46](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-46) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:4baf512460dde1542fb0755d1f8c847f82e5aa1d5195ea98342d7b3e588b6db9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. When the current estimates of the amount of consideration that an entity expects to receive in exchange for transferring promised goods or services to the [customer](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."), determined in accordance with Topic 606, and contract cost indicate a loss, a provision for the entire loss on the contract shall be made. Provisions for losses shall be made in the period in which they become evident. ##### [605-35-25-46A](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-46A) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:d359bc9e2e5ddd6e1bd69b6f8beffa2a74f1aa8d51f0e89c9b8b659fc45df2be Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. For the purpose of determining the amount that an entity expects to receive in accordance with paragraph [605-35-25-46](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-46), the entity shall use the principles for determining the transaction price in paragraphs [606-10-32-2 through 32-27](https://asc.understandingaccounting.org/asc/606/10/#606-10-32-2) (except for the guidance in paragraphs [606-10-32-11 through 32-13](https://asc.understandingaccounting.org/asc/606/10/#606-10-32-11) on constraining estimates of variable consideration) and allocating the transaction price in paragraphs [606-10-32-28 through 32-41](https://asc.understandingaccounting.org/asc/606/10/#606-10-32-28) . In addition, the entity shall adjust that amount to reflect the effects of the customer's credit risk. ##### [605-35-25-47](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-47) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:c88d116415f2b280279cd6f3a38d235554a9955ca0b50de41fb54a4d3aee6518 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If a group of contracts are combined based on the guidance in paragraph [606-10-25-9](https://asc.understandingaccounting.org/asc/606/10/#606-10-25-9), they shall be treated as a unit in determining the necessity for a provision for a loss. If contracts are not combined, the loss is determined at the contract level (see paragraph [605-35-25-45](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-45)). As an accounting policy election, [performance obligations](https://asc.understandingaccounting.org/glossary/p/#performance-obligation "A promise in a contract with a customer to transfer to the customer either: A good or service (or a bundle of goods or services) that is distinct A series of distinct goods or services that are substantially the same and that have the same pattern of transfer to the customer.") identified in accordance with paragraphs [606-10-25-14 through 25-22](https://asc.understandingaccounting.org/asc/606/10/#606-10-25-14) may be considered separately in determining the need for a provision for a loss. That is, an entity can elect to determine provisions for losses at either the contract level (including contracts that are combined in accordance with the guidance in paragraph [606-10-25-9](https://asc.understandingaccounting.org/asc/606/10/#606-10-25-9)) or the performance obligation level. An entity shall apply this accounting policy election in the same manner for similar types of contracts. ##### [605-35-25-48](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-48) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:b4970e84778d1d98a2dde19cc209add1fa4fcd343bc98c1b7964990df1eb826e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Losses on cost-type contracts may arise if, for example, a contract provides for guaranteed maximum reimbursable costs or target penalties. In recognizing losses for accounting purposes, the contractor's normal cost accounting methods shall be used in determining the total cost overrun on the contract, and losses shall include provisions for performance penalties. ##### [605-35-25-49](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-49) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:ff665156342ca2f716fe6cee7e784e6507475c61794609bd5c743002dcf796d2 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The costs used in arriving at the estimated loss on a contract shall include all costs of the type allocable to contracts under paragraphs [340-40-25-5 through 25-8](https://asc.understandingaccounting.org/asc/340/40/#340-40-25-5) . Other factors that should be considered in arriving at the projected loss on a contract include all of the following: 1. a Variable consideration, (for example, target penalties and rewards and potential price redeterminations) 2. b Nonreimbursable costs on cost-plus contracts 3. c Change orders that meet the guidance to be accounted for as contract modifications in accordance with Topic 606 on revenue from contracts with customers, specifically paragraphs [606-10-25-10 through 25-13](https://asc.understandingaccounting.org/asc/606/10/#606-10-25-10) . 4. d [Subparagraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [605-35-25-50](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-50) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:6b24fefa3724978abbb279e9a89263959845e79065dbcaa07ceadd51f976eddd 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/). ##### [605-35-25-51](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-51) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:a937e542e8bc1409f338e017f18acf780956f3e63441ee6b87473f553e09e833 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/). ##### [605-35-25-52](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-52) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:ce67f7648e604c8b0c4c709ec5075e1b8cbf739ba9f6c8a60b5dc7871ca122ce 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/). ##### [605-35-25-53](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-53) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:dfcc06883f7b8644760b01de65a97d7e4b63da14333425444b26cc23e8697fe6 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/). ##### [605-35-25-54](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-54) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:668b674fdcc678677ee692877ffa3cb0100f511a070e0f36899926be33caee03 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/). ##### [605-35-25-55](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-55) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:4d7acee40110ac9d5f5fef119591218aa4be38cfc7aa1ff8d1a1e05b3a4c0a3f 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/). ##### [605-35-25-56](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-56) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:385590fed1d1017f49ef3064efcb383c9eb1f91005a63fd38cbbe95a719c23f4 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/). ##### [605-35-25-57](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-57) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:48359e0932d589e6e267799866e7d7b1656a0fcbfeaa1034372c41a74c620606 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/). ##### [605-35-25-58](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-58) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:b118fb150917d6ed26ddfe2830e7c30f6e56cca02c6336167112c3af47291ab6 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/). ##### [605-35-25-59](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-59) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:a461d1a29ba74b1e3b38b4fcf2aa2d1a8df1b1cff4ff6a928b7c3f7512b22ffc 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/). ##### [605-35-25-60](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-60) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:2f71018b2aed4db955c09ba244a1136890e786f002bae259c060cc60990cf912 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/). ##### [605-35-25-61](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-61) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:1dfbb4e82e5aaa756f9d32d59bdde074672dc3f2e17b333c83fd33c627628279 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/). ##### [605-35-25-62](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-62) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:299bdbb7435fb2d8c931dc39b86cf084fef2dc4b77d089a1f67930462ab6e8cb 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/). ##### [605-35-25-63](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-63) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:aaaf8151820a757af30cd06666cca14dac4330cb306e29bd0eb177b37d361457 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/). ##### [605-35-25-64](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-64) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:0ece965bdb71b0f18a991c1719b201ea04c64d983e6c0d4445a6e7f5d634380e 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/). ##### [605-35-25-65](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-65) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:ff76852f2cdd09e45e38f22cba5480eb7764a2c23fc85f2f1eae92b7f0061254 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/). ##### [605-35-25-66](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-66) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:00c1b53f0fd9113cc01caf4d82d76f91b34f2a94b3f8b3ac054a14328336b90b 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/). ##### [605-35-25-67](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-67) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:c32f6218fdfa95777dbc19a530ea9f27831ab1691b0a78849d7b814e9391b3ed 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/). ##### [605-35-25-68](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-68) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:9b19f39b705b68744f71ab020f1402b16b06660073e81a1451582b198e9eea80 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/). ##### [605-35-25-69](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-69) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:2d0afcca294c9aa2ad007980e23ca218f60a7677ed82d07026ffb839b59b90c5 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/). ##### [605-35-25-70](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-70) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:76f710ae9c0662bc76a170163dff9346631de50600429a2293bf92c0b456a98c 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/). ##### [605-35-25-71](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-71) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:0415cc9fd32d738d00bcca02d21d9866530b025acf5305fcef44d107f3556a83 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/). ##### [605-35-25-72](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-72) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:4fdb271db74ee5923467b8bf6ae789b9137251912603554f5f1dfcb7ba91715a 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/). ##### [605-35-25-73](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-73) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:579ffbe074dc1aaf318adbf6341bfb4b9cc3d1ff6b8514c98f5a980ca41cb86e 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/). ##### [605-35-25-74](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-74) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:a713f26be2018a49223bdf660a55018d132f93cda2a8d0bcd862270b2b1168d5 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/). ##### [605-35-25-75](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-75) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:b9cf1df8330bd02507c0e248943ee87d92c90fa33e181fafffc26d3b4aba5b7d 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/). ##### [605-35-25-76](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-76) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:60084b1ff52a0505d478384e3d7a847453a183a0cf2c38d503e7b819c92f1081 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/). ##### [605-35-25-77](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-77) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:d1d46bd84e55ad8bc1c407088783e0c82a4e9d06dfbef1f78a5d349a9ddd4677 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/). ##### [605-35-25-78](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-78) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:b54aef9c9ba22d747d61321d514fe787291a044bbcc41b3b0dde3708acd2e213 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/). ##### [605-35-25-79](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-79) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:898ccaa1e69110ccbf6f2e55aee17d9261d3ecf3621f2215aac5a70db4405cec 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/). ##### [605-35-25-80](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-80) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:4e82cdda38502afa2b10654f9b44ec637a03776d27c3b2b6444e583beccc828e 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/). ##### [605-35-25-81](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-81) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:9533dc06f2feeb34a73180749a8cae6b6074cc9e0937caad6b60febdadd0861d 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/). ##### [605-35-25-82](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-82) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:203dffee411a316e2d59c298559dae1bb03dc7054d5c45c07d846d7b3d74b5eb 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/). ##### [605-35-25-83](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-83) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:81bdd7c46f533ddb2f4da6e6e80eae4f74d3b8d5006a3a2655ca87e6db844b7f 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/). ##### [605-35-25-84](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-84) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:1ef7ba3283379526714286d4f24df84c863f710a8edb536f2c8b7945a9fd00d1 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/). ##### [605-35-25-85](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-85) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:a5e062ea9ad07defdf27f9b7fc661c18d68003c7fe4ee41af6a46ba29e46a4ee 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/). ##### [605-35-25-86](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-86) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:492654806a500a3ef6107e413e57902e453d000ae51f5f737fa0136884437d34 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/). ##### [605-35-25-87](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-87) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:8f2d397de3aad752df98eb176cea57b24fddc5ea2049e47d798d22a60917c4eb 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/). ##### [605-35-25-88](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-88) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:eef7d23ceb67a033033fbff2c2c578734f164be3eea9a4ccf4daccc7eeee8f3a 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/). ##### [605-35-25-89](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-89) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:06cbe3c048ba69d673dc7579258d77c47c32d74fef75d7acd8f391d0c0bbf844 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/). ##### [605-35-25-90](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-90) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:1369a89052d6b797b61bb4e0c815d4e24594a6165f74b920f636e97ed5aec69f 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/). ##### [605-35-25-91](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-91) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:c2aaddce184b1d628efede74206af68e989fc0d01052e2f812aaf1f0060fcf19 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/). ##### [605-35-25-92](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-92) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:d33ddd9934fbe7bdec786ae29cd63020f55ad380096b43a709ca53aaba75d35d 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/). ##### [605-35-25-93](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-93) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:ab1ddcbeb875ff326b6054f6858a7ea63c55ef38cd50ab17a13cb42e66463d6c 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/). ##### [605-35-25-94](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-94) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:8007b0e831daa8494426c42bea9bc0ceb62c31b45291255d1dc32d55c6c103e0 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/). ##### [605-35-25-95](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-95) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:5b33b8cb83641b6fa7669f266475af8aa5af9079dabe05a9f79ca9a8a41d8154 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/). ##### [605-35-25-96](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-96) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:81e1f360f9952228df571f8fdd5ddc1355b03100c0b44094778cdee272be1637 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/). ##### [605-35-25-97](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-97) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:4ccd099de67c1172dab5b97ae72bc9fed814391764e6ec6eb290275302a8656d 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/). ##### [605-35-25-98](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-98) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:84498da512b2d153a10795686b5f1ddf29ef895587ae50f64d41f20c881d1e11 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/). ##### [605-35-25-99](https://asc.understandingaccounting.org/asc/605/35/#605-35-25-99) Pending content: no Source downloaded (UTC): 2026-09-10T00:43:45.776Z to 2026-09-10T00:43:45.776Z Record version: sha256:9f1ec29300e48cc01691711ccda50a157c19214e7efb954e8db990d3974959d8 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/).