{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/605/40/#sec-00-status","source":"FASB Accounting Standards Codification, Basic View","usage":"Study and research edition. Verify current requirements with the official source. Summaries, enrichment, and tags are machine-generated study aids. Paragraph html preserves source markup; snippet is abbreviated. Pending content is not necessarily effective.","topic":"605","topic_title":"Revenue Recognition","subtopic":"605-40","subtopic_title":"Gains and Losses","section":{"number":"S00","label":"SEC 00 Status","anchor":"sec-00-status","is_sec":true,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"605-40-S00-1","para":"S00-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The following table identifies the changes made to this Subtopic.</div> <div class=\"norm-text\"><table class=\"asc-table\" id=\"SL6955271-166756\"><tr><td class=\"entry\"><strong class=\"ph b\">Paragraph</strong></td><td class=\"entry\"><strong class=\"ph b\">Action</strong></td><td class=\"entry\"><strong class=\"ph b\">Accounting Standards Update</strong></td><td class=\"entry\"><strong class=\"ph b\">Date</strong></td></tr><tr><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td><td class=\"entry\"></td></tr><tr><td class=\"entry\"><a href=\"/asc/605/40/#605-40-S25-1\" class=\"xref\">605-40-S25-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2012-03/\" class=\"xref\">Accounting Standards Update No. 2012-03</a></td><td class=\"entry\">08/27/2012</td></tr><tr><td class=\"entry\"><a href=\"/asc/605/40/#605-40-S25-4\" class=\"xref\">605-40-S25-4</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2012-03/\" class=\"xref\">Accounting Standards Update No. 2012-03</a></td><td class=\"entry\">08/27/2012</td></tr><tr><td class=\"entry\"><a href=\"/asc/605/40/#605-40-S45-1\" class=\"xref\">605-40-S45-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2012-03/\" class=\"xref\">Accounting Standards Update No. 2012-03</a></td><td class=\"entry\">08/27/2012</td></tr><tr><td class=\"entry\"><a href=\"/asc/605/40/#605-40-S50-1\" class=\"xref\">605-40-S50-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2012-03/\" class=\"xref\">Accounting Standards Update No. 2012-03</a></td><td class=\"entry\">08/27/2012</td></tr><tr><td class=\"entry\"><a href=\"/asc/605/40/#605-40-S99-1\" class=\"xref\">605-40-S99-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2010-22/\" class=\"xref\">Accounting Standards Update No. 2010-22</a></td><td class=\"entry\">08/19/2010</td></tr></table></div></div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\n605-40-S25-1 | Superseded | Accounting Standards Update No. 2012-03 | 08/27/2012 |\n605-4…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c33bfb6e838882ff087c5adbbdd883452e9b5ede617c30903cba64c26a560485","downloaded_from":"2026-09-10T00:44:20.519Z","last_downloaded_at":"2026-09-10T00:44:20.519Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480208","source_sha256":"0486735cb4d6dd8e925137709e25cf93d4688072512d9f5197a98db385ee0323"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:368179fc272e9dc55a43bc3a51b0df3fdbc4f2bae95f2cead429f070cc2e959a","downloaded_from":"2026-09-10T00:44:20.519Z","last_downloaded_at":"2026-09-10T00:44:20.519Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480208","source_sha256":"0486735cb4d6dd8e925137709e25cf93d4688072512d9f5197a98db385ee0323"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:78f99fb06f4df4567975fead68ea9df5c783a2532ce51c652e27d4688ead9241","downloaded_from":"2026-09-10T00:44:20.519Z","last_downloaded_at":"2026-09-10T00:44:20.519Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480208","source_sha256":"0486735cb4d6dd8e925137709e25cf93d4688072512d9f5197a98db385ee0323"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:78f99fb06f4df4567975fead68ea9df5c783a2532ce51c652e27d4688ead9241","downloaded_from":"2026-09-10T00:44:20.519Z","last_downloaded_at":"2026-09-10T00:44:20.519Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480208","source_sha256":"0486735cb4d6dd8e925137709e25cf93d4688072512d9f5197a98db385ee0323"}}