# ASC 605-45: Revenue Recognition — Principal Agent Considerations Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/605/45/) 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): 2026-09-10T00:44:32.941Z to 2026-09-10T00:45:00.697Z Record version: sha256:e78f710580c6ab0c31ff252a8b74e6076168275d78693334a43d50e1a0c1ace7 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45: Revenue Recognition — Principal Agent Considerations ### Machine-generated study aids ```json { "summary": "ASC 605-45 formerly governed whether a company reports revenue gross (as a principal) or net (as an agent), including guidance on shipping and handling costs and reimbursed out-of-pocket expenses. Every paragraph in the subtopic (Sections 05, 15, 45, 50, and 55) has been superseded by ASU No. 2014-09, so the subtopic contains no operative guidance. Gross-versus-net presentation is now determined under the principal-versus-agent (control) guidance in ASC 606-10-55-36 through 55-40.", "key_points": [ "All paragraphs of ASC 605-45 — including 605-45-05-1 through 05-3, 15-1 through 15-5, 45-1 through 45-23, 50-1 through 50-4, and 55-1 through 55-45 — were superseded by Accounting Standards Update No. 2014-09.", "Because no operative text remains, ASC 605-45 cannot be cited as authoritative support for gross versus net revenue presentation.", "The subject matter it addressed (reporting revenue gross as a principal versus net as an agent) is now covered by the control-based principal-versus-agent guidance in ASC 606-10-55-36 through 55-40.", "Legacy indicator-based analysis (e.g., primary obligor, inventory risk, latitude in establishing price) survives only as nonauthoritative background; ASC 606 replaced the indicator list and reframed the analysis around who controls the specified good or service before transfer.", "The subtopic remains in the Codification as a shell so that pre-adoption financial statements and cross-references can be traced, and for entities applying legacy GAAP in comparative periods." ], "categories": [ "Revenue", "Presentation", "Transition and effective dates" ], "audience_level": "introductory", "student_note": "Know this subtopic mainly as a signpost: the gross-versus-net question is real and exam-tested, but the answer now comes from ASC 606-10-55-36 through 55-40's control test, not from 605-45's old indicators. The common mistake is quoting legacy factors like \"primary obligor\" or \"inventory risk\" as if they were still authoritative rules rather than mere indicators of control.", "related_topics": [ "606-10", "605", "340-40", "705-20" ], "key_concepts": [ "principal versus agent", "gross versus net revenue presentation", "superseded guidance", "control of specified good or service", "shipping and handling costs", "reimbursed out-of-pocket expenses" ] } ``` Source downloaded (UTC): 2026-09-10T00:44:32.941Z to 2026-09-10T00:44:32.941Z Record version: sha256:de9a4c46421b6cde4abb5644d497503ce1fe9edb3df2b6c1d2cc250d3381423a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/605/45/#00-status) SEC content: no ##### [605-45-00-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:32.941Z to 2026-09-10T00:44:32.941Z Record version: sha256:9638d294c32cdf3e5d0501a278a7134b6e6fbc0dbfd6f5225e84407e49790fea 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
Handling CostsSupersededAccounting Standards Update No. 2014-0905/28/2014
Shipping CostsSupersededAccounting Standards Update No. 2014-0905/28/2014
605-45-05-1 through 05-3
SupersededAccounting Standards Update No. 2014-0905/28/2014
605-45-15-1 through 15-5
SupersededAccounting Standards Update No. 2014-0905/28/2014
605-45-45-1 through 45-23
SupersededAccounting Standards Update No. 2014-0905/28/2014
605-45-50-1 through 50-4
SupersededAccounting Standards Update No. 2014-0905/28/2014
605-45-55-1 through 55-45
SupersededAccounting Standards Update No. 2014-0905/28/2014
Source downloaded (UTC): 2026-09-10T00:44:36.298Z to 2026-09-10T00:44:36.298Z Record version: sha256:80a546634b575b3eca4864d0c4878e619f08d2b06efede308638d459a11e74b9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/605/45/#05-overview-and-background) SEC content: no ##### [605-45-05-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:36.298Z to 2026-09-10T00:44:36.298Z Record version: sha256:6c0674f9154b560d75b200c00a717e8f267ab0f3f83d39ad6e273f069f81894a 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/). ##### [605-45-05-2](https://asc.understandingaccounting.org/asc/605/45/#605-45-05-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:36.298Z to 2026-09-10T00:44:36.298Z Record version: sha256:1c4e593f1ea33f9e1cbe2bb09df7c88a2a01ade9045ad5701a42c7c6653b77c7 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/). ##### [605-45-05-3](https://asc.understandingaccounting.org/asc/605/45/#605-45-05-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:36.298Z to 2026-09-10T00:44:36.298Z Record version: sha256:defb026d1ff529581e09b01ab56254b228a4ea11721b6194271ee61b11e8726f 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): 2026-09-10T00:44:38.039Z to 2026-09-10T00:44:38.039Z Record version: sha256:a1e5516fa1d0d040450daa8841d0cf52c22d881851911594a3f34cc195df0d6c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/605/45/#15-scope-and-scope-exceptions) SEC content: no ##### [605-45-15-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:38.039Z to 2026-09-10T00:44:38.039Z Record version: sha256:1eed99844d8bdfce43cffe037a51201b27c738be4b4b3ca214752aa0f7e0d5dc 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/). ##### [605-45-15-2](https://asc.understandingaccounting.org/asc/605/45/#605-45-15-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:38.039Z to 2026-09-10T00:44:38.039Z Record version: sha256:1c847b7c1b8b45ab26591d9db87474e7ec3a1a3a011d13d251086bcbb449579c 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/). ##### [605-45-15-3](https://asc.understandingaccounting.org/asc/605/45/#605-45-15-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:38.039Z to 2026-09-10T00:44:38.039Z Record version: sha256:89b3eb46242fe1b1994ca100d9b6f9461b79de59aa5b92100f74db1b0fe9823b 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/). ##### [605-45-15-4](https://asc.understandingaccounting.org/asc/605/45/#605-45-15-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:38.039Z to 2026-09-10T00:44:38.039Z Record version: sha256:172b5aac13ca1fbd5a82fb6d1c9be10254b5f4e0772be7e69b57a4170d8dae67 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/). ##### [605-45-15-5](https://asc.understandingaccounting.org/asc/605/45/#605-45-15-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:38.039Z to 2026-09-10T00:44:38.039Z Record version: sha256:8d0aabf37d08608ed4c17fd36709b6cbce2aba480f5eb26f746482061876bba8 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): 2026-09-10T00:44:39.807Z to 2026-09-10T00:44:39.807Z Record version: sha256:bf80daccfc71ebb0d1c9b1bcb06f8014d57392beb32471eb856fa5712af96202 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-20: 20 Glossary [Read section](https://asc.understandingaccounting.org/asc/605/45/#20-glossary) SEC content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:742ca3e0ee44c0cbcce6a804ab71d4bb5782b81eb269cb57eafa3b25128e3605 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/605/45/#45-other-presentation-matters) SEC content: no ##### [605-45-45-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:f6304e84fb4e1b07b35e94209d6714fa107edd1dbe873b52afd00b44bd84b435 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/). ##### [605-45-45-2](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:08f773f8c134a3ef5fbb10a1b5a5b55116e7d9a2188262e436b88f245644efd3 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/). ##### [605-45-45-3](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:12d5f32bd3e41e13afd576d4c2e78cae1247cd92df83fe498349863253b41cf0 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/). ##### [605-45-45-4](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:b90712274078aff524ab0330451759de2c5a4d85fde588f56a9299c4f360fa3a 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/). ##### [605-45-45-5](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:3ba4cb49e4dcc248a3db24c34960dc060ad983159d4c50adc6ad0994fcf64e17 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/). ##### [605-45-45-6](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-6) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:3580649ec98f2ecface2cedb1595b4db3a9f2eb46db6fc183fb118b423203a9b 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/). ##### [605-45-45-7](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-7) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:3def35bb1b3f10b51e181a20d58b74f40f68a0f070479227ed43cf34991d66e9 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/). ##### [605-45-45-8](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-8) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:eaab4ab173c369ada2e949aee5c33dc291ed52aecb2d92494359d7951174c278 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/). ##### [605-45-45-9](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-9) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:09654a7754d7b925a2ab4cc2b7d7bb728cd49ed70bd5cbe63f53801ad8ce2283 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/). ##### [605-45-45-10](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-10) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:d8a78faeb2fda90639208272ea3ca4dbcf07cc7c57f15348ba03e07d4f1e771a 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/). ##### [605-45-45-11](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-11) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:8613f40d54baa9264e1ce8b0f62e66be73aeb5ba2decf81a6c916a0ec2fc5120 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/). ##### [605-45-45-12](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-12) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:904578a8570ee57c604fe6a39c20e925c1c1c324e259ab631d8e2351716da75a 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/). ##### [605-45-45-13](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-13) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:4171dceb0bd150c764c14a4591de717137c993ba485c9344f5c3cbbf7b210165 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/). ##### [605-45-45-14](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-14) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:ba4ea39df323b5313d64ddb457d5d6d6e44897736b5b6026c00a05dccaf8beb2 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/). ##### [605-45-45-15](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-15) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:9f7ce6a598c07b8fba6561098c16b60c57ba81b05fe8827a84d0415e8c71f926 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/). ##### [605-45-45-16](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-16) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:c4a2ecae21e4b97eee39f8646ab74bad72d3b0f3cc9bdef2ef1172166bad8198 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/). ##### [605-45-45-17](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-17) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:d9082a2c6d5a9fd333830ef4d0105b68b8aea63b665ddd73028efc4a3b615547 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/). ##### [605-45-45-18](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-18) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:56bdcf2deaa0871c5a6022246131df95afba8cbb34fa5f8daa5cecfad8416122 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/). ##### [605-45-45-19](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-19) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:51e9cc8513d60730670518f0c16426c575c8f03840ec8c6cfe2e88ea7fa13797 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/). ##### [605-45-45-20](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-20) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:de87c250722577fa5183eac84017846cc944ac77886bf1327cc79e44c153ee2d 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/). ##### [605-45-45-21](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-21) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:cfb9f1ecc50cba8c89c5529b4c6aa99b96542b92171907e9ac8b8a82a82fc957 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/). ##### [605-45-45-22](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-22) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:a3633c6e12ec10b8b099dd8e242f4388d9877bbfca1cc70e2af8a09887ea8196 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/). ##### [605-45-45-23](https://asc.understandingaccounting.org/asc/605/45/#605-45-45-23) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:43.210Z to 2026-09-10T00:44:43.210Z Record version: sha256:45dd3a2e8581be8a79e59a9c34828390546ac545036398d36f9964463a2226b3 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): 2026-09-10T00:44:46.394Z to 2026-09-10T00:44:46.394Z Record version: sha256:98b5382e5b64d33458d08ac8b1d4f7beea51240da062203cba236281677692be Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/605/45/#50-disclosure) SEC content: no ##### [605-45-50-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:46.394Z to 2026-09-10T00:44:46.394Z Record version: sha256:8dbe1b4befb9745268842326e3dcc6d74e21b6ad07fbbfff679c9b366ad10070 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/). ##### [605-45-50-2](https://asc.understandingaccounting.org/asc/605/45/#605-45-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:46.394Z to 2026-09-10T00:44:46.394Z Record version: sha256:b3d3204185062fe682acca04c104290d725a75c4d5f7de41760ba8d327d9f351 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/). ##### [605-45-50-3](https://asc.understandingaccounting.org/asc/605/45/#605-45-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:46.394Z to 2026-09-10T00:44:46.394Z Record version: sha256:ee142689770ac557755d2c65ea3d78adc906397d57d5d5c316eafe4fe8368b26 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/). ##### [605-45-50-4](https://asc.understandingaccounting.org/asc/605/45/#605-45-50-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:46.394Z to 2026-09-10T00:44:46.394Z Record version: sha256:591e71b287c0860e1e00e81fecfd1ed61f72baec183d2e69aab5574d6ce026a0 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): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:7d08beafb40e022b52c3f6051db567965ccd8ccfc15fe876f129c95c5d383ae0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-55: 55 Implementation Guidance and Illustrations [Read section](https://asc.understandingaccounting.org/asc/605/45/#55-implementation-guidance-and-illustrations) SEC content: no ##### [605-45-55-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:3be85032309c636fae568ffb3b64588b629b3d45233de9466eff4ba12e8ed679 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/). ##### [605-45-55-2](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:796ce391c160abc89dbdda394b95a687c15a99c412f9553913595df60ec94fcf 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/). ##### [605-45-55-3](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:935de94e2c08599ec79f36a0e6aa9ddae2dd24988f49e50f37f604b5b6687640 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/). ##### [605-45-55-4](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:a033e9b5edba80ed5e550d2307d63ebed26b3500c93d3f38e3b3136b5cb2c0ee 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/). ##### [605-45-55-5](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:2eb7dd8211ac86606ec281986b95fd8db4173d6f812e3ec4d309ec522b311000 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/). ##### [605-45-55-6](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-6) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:525128bd75a9a7ebb3439f55030248a561b01c6860dc9fe6415ffc568722fbc8 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/). ##### [605-45-55-7](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-7) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:80f375723a0d592617400e166c1bbd6dea9352da929e048fca91a35cbbf4780b 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/). ##### [605-45-55-8](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-8) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:b72a2bbfdd12f43d2c9dddcd31e0e2e8519d196945d6aa27a869d432d197d182 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/). ##### [605-45-55-9](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-9) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:67a434c3171766beda1c8c00fd1a0e8d9743b48f02e31c04cbbd4fe72add3e6b 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/). ##### [605-45-55-10](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-10) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:bb5d1728589a58228bb32cabc1cda422c33bfb624e53ce08f4fcf92717763cc2 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/). ##### [605-45-55-11](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-11) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:d28bc352ef5ad8b67d81a10205ee9ef2733fa8e941d679bee1b1b55485cb04d0 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/). ##### [605-45-55-12](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-12) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:0b4c19c3d51e3a3d634fca1ba91d48850ac1888bb621a29eb4b1a415768d07aa 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/). ##### [605-45-55-13](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-13) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:9dda0a0bd619347c77777036582ded4bfbdbc9eeff9e43e1e22ef0a07d521154 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/). ##### [605-45-55-14](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-14) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:c0a0332e3956e7de4ac7bf56689155bf567ac57c4d11ad40ee1d57cd427c0820 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/). ##### [605-45-55-15](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-15) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:f88be2b0e86be51bf3281ddc9ef531bb352a8d8e6fc412058f08e2ea61c1845b 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/). ##### [605-45-55-16](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-16) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:e5cc63389ac9666a171577acd5b784e8d654b9e73b00bb02e78c71ef9dc26ce4 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/). ##### [605-45-55-17](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-17) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:85d0149b1ab130a6e76a8ed400f2dffb878d64cc34eb5b3bb8ff513d4a83b2af 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/). ##### [605-45-55-18](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-18) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:24e94fdee5c1cc2c2d24e59275eb6d8449f36939d14d495eb32cdf4ebdbc3905 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/). ##### [605-45-55-19](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-19) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:b6125204903a7dfa8e83712c7fc53dc347d271bea4e5405c5dcc6a8299d43ea1 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/). ##### [605-45-55-20](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-20) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:06caa4a910b6e4b6ab2386610a8dfc2d0f4a823d6cd40bb3871338a232d8d914 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/). ##### [605-45-55-21](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-21) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:1b6eea3b9aeb498455529e22728e0ee720078a334135a02afa309f92031af3eb 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/). ##### [605-45-55-22](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-22) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:9dd13be3e0a28360b0998b652eee67127fb8c0e4c1420f141c5394fcfc4d2f1b 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/). ##### [605-45-55-23](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-23) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:69f2d61ba403768fbcd09140e8c132cb90446f818cdbb15abc27ef1e56e24a47 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/). ##### [605-45-55-24](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-24) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:1dba6fb6eda1a18c5e6d4ff30359f46d7f9960ccb74fcf8b9fae6d7846e37d2b 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/). ##### [605-45-55-25](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-25) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:f8fddcf256db00fcd355669c259652cce7aa89fabf0f096b3d50dc5585359e3c 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/). ##### [605-45-55-26](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-26) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:c31c53ee85e33535fa163b67cfa2888e7ed91aa40540e6c934b6a0c9ebe782fa 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/). ##### [605-45-55-27](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-27) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:4099baef9a9e750603ac949049753d3e18b4ed74c1771885177d90260934661e 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/). ##### [605-45-55-28](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-28) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:ebebdd41f742c59010bcd46ca6ae07979bc0370faa5c23f24478c3b0c338292f 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/). ##### [605-45-55-29](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-29) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:8888388e73efa37e58881f52dd9a2b0c7e1acd41d4f2e0a6845fcd75899fec16 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/). ##### [605-45-55-30](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-30) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:df05d488ed87676ee9bbf8966e9beeb731bf7a7120566b4d148e37400a401260 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/). ##### [605-45-55-31](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-31) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:6228de0e24c1d4bb549737f4bc94405464e7c18171d2bfde137c7b4da1ce2a52 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/). ##### [605-45-55-32](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-32) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:7fef1994e19d4bc24c914da05971815f623b75512978b964d46981653e9b89b6 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/). ##### [605-45-55-33](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-33) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:8019c9cce93d4ca05b0fe310a5ab675e486fa2aee94b6979d3a5de726c16a239 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/). ##### [605-45-55-34](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-34) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:e65dddcc564d18d7d47722a585ac96f5d1ce4ad09c3a093577dee2a2a037651a 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/). ##### [605-45-55-35](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-35) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:08d5b1487a0b2564a13ff2d46e9357737ab3590d2f598e42c2b99d849e6e3a7d 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/). ##### [605-45-55-36](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-36) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:463570d6adb7bc9595b99deabd123ca4f976008f50e8ca94c3bfbeec07ae0b08 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/). ##### [605-45-55-37](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-37) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:b1684d146cc965715205f7f6428e4661822191a042f5089cc8ba95495cc4d1af 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/). ##### [605-45-55-38](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-38) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:05269e8a00fe5582a8add69656b95ad854c04bf5ae71f4def7f6c05bee5d9be3 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/). ##### [605-45-55-39](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-39) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:43050414e2d97cd40e2faeed40454c3e7eb7adb88e014ac3368e6af1a4932ad0 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/). ##### [605-45-55-40](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-40) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:44f88f38cc40314d60a2a076b3cd81040ba95ffdeea027da72e205c6fa0d4477 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/). ##### [605-45-55-41](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-41) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:33f5c786a905b6d49b857ca2adc86635850212c07c8ab337593b099e3bec652c 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/). ##### [605-45-55-42](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-42) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:8e3381c5f4555bf2ae56e463b54eaafa329674f71da2b69a30c4ce34c5ef04fb 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/). ##### [605-45-55-43](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-43) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:255286e0808df640121740c8526fd05bf38ba28bd8882ec7d2e3dd8540a83320 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/). ##### [605-45-55-44](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-44) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:a503962f4b4d77922bbfc9466b9003fbc07baf982c2aa863b9730d1b54edf6e5 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/). ##### [605-45-55-45](https://asc.understandingaccounting.org/asc/605/45/#605-45-55-45) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:50.443Z to 2026-09-10T00:44:50.443Z Record version: sha256:9f881f13217bf0ade8a92be8f15f0b6f4fef53caa37d71baf809d3b8c8f71599 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): 2026-09-10T00:44:54.426Z to 2026-09-10T00:44:54.426Z Record version: sha256:5d610137ab3a5bf46aeb70cd572d4812d713c5ea48b08122562a5041f66ab62f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-S00: SEC 00 Status [Read section](https://asc.understandingaccounting.org/asc/605/45/#sec-00-status) SEC content: yes ##### [605-45-S00-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-S00-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:54.426Z to 2026-09-10T00:44:54.426Z Record version: sha256:df3ee3e6b1b6bda3cd108f7827f643cbebf4ccfe7859431d0168a4434065b576 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
605-45-S45-1SupersededAccounting Standards Update No. 2016-1105/02/2016
605-45-S99-1SupersededAccounting Standards Update No. 2016-1105/02/2016
Source downloaded (UTC): 2026-09-10T00:44:57.643Z to 2026-09-10T00:44:57.643Z Record version: sha256:d50a696b498e94df9622b893d3b18627720f8871b55f1bad8bedd50e59be4a69 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-S45: SEC 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/605/45/#sec-45-other-presentation-matters) SEC content: yes ##### [605-45-S45-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-S45-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:44:57.643Z to 2026-09-10T00:44:57.643Z Record version: sha256:b74cbecad9e8f5827936434b88d63de53e734274095ab4468544ddb11ffea8f5 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/). Source downloaded (UTC): 2026-09-10T00:45:00.697Z to 2026-09-10T00:45:00.697Z Record version: sha256:72eb2cd28b90b3bbf4c4516c5f52e182ed85e1895a5b74ace1e532d121b97a5b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-45-S99: SEC 99 SEC Materials [Read section](https://asc.understandingaccounting.org/asc/605/45/#sec-99-sec-materials) SEC content: yes ##### [605-45-S99-1](https://asc.understandingaccounting.org/asc/605/45/#605-45-S99-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:45:00.697Z to 2026-09-10T00:45:00.697Z Record version: sha256:aea66217be8f87909923582d1848f2cad55abff5390926db2379047cb09d2c09 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/).