{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/605/910/","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.","number":"605-910","topic":"605","title":"Contractors—Construction","area":"Revenue","paragraphs":6,"summary":"ASC 605-910 was the construction-contractor revenue guidance nested in the legacy revenue recognition topic (ASC 605). Every substantive paragraph in Sections 05, 15, 25, and 50 was superseded by ASU 2014-09 (Revenue from Contracts with Customers), leaving the subtopic as an empty shell. 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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/605/910/#605-910-05-1\" class=\"xref\">910-605-05-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Accounting Standards Update No. 2014-09</a></td><td class=\"entry\">05/28/2014</td></tr><tr><td class=\"entry\"><a href=\"/asc/605/910/#605-910-15-1\" class=\"xref\">910-605-15-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Accounting Standards Update No. 2014-09</a></td><td class=\"entry\">05/28/2014</td></tr><tr><td class=\"entry\"><a href=\"/asc/605/910/#605-910-25-1\" class=\"xref\">910-605-25-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Accounting Standards Update No. 2014-09</a></td><td class=\"entry\">05/28/2014</td></tr><tr><td class=\"entry\"><a href=\"/asc/605/910/#605-910-50-1\" class=\"xref\">910-605-50-1</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Accounting Standards Update No. 2014-09</a></td><td class=\"entry\">05/28/2014</td></tr><tr><td class=\"entry\"><a href=\"/asc/605/910/#605-910-50-2\" class=\"xref\">910-605-50-2</a></td><td class=\"entry\">Superseded</td><td class=\"entry\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Accounting Standards Update No. 2014-09</a></td><td class=\"entry\">05/28/2014</td></tr></table></div></div>","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\n910-605-05-1 | Superseded | Accounting Standards Update No. 2014-09 | 05/28/2014 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Every substantive paragraph in Sections 05, 15, 25, and 50 was superseded by ASU 2014-09 (Revenue from Contracts with Customers), leaving the subtopic as an empty shell. Construction contractors now apply ASC 606 for revenue and ASC 340-40 for contract costs.","key_points":["All content of this subtopic — 605-910-05-1, 15-1, 25-1, 50-1 and 50-2 — is marked 'Paragraph superseded by Accounting Standards Update No. 2014-09.'","Because nothing operative remains, no recognition, scope, or disclosure rule may be drawn from ASC 605-910 for periods after ASU 2014-09 became effective.","Revenue from construction-type contracts is now recognized under ASC 606, generally by measuring progress toward complete satisfaction of a performance obligation satisfied over time (606-10-25-27).","Costs to obtain and fulfill construction contracts are addressed by ASC 340-40 rather than the superseded legacy contract-cost guidance.","Remaining industry-specific construction guidance resides in ASC 910 (Contractors—Construction) outside the superseded revenue sections."],"categories":["Revenue","Industry-specific","Transition and effective dates"],"audience_level":"introductory","student_note":"Cite this subtopic only for historical or comparative-period questions; the common mistake is quoting legacy percentage-of-completion rules from ASC 605-910 (or ASC 605-35) as if they were still authoritative. For current construction revenue answers, go to ASC 606 and ASC 340-40.","related_topics":["606","606-10","340-40","910","605-35"],"key_concepts":["superseded guidance","construction-type contracts","percentage-of-completion","revenue from contracts with customers","contract costs","industry-specific revenue guidance","transition to asc 606"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:01e4e99dead32c214572c11b1157859f7c10d2365ab1d1affbe4d2b82a1450a6","downloaded_from":"2026-09-10T00:46:12.096Z","last_downloaded_at":"2026-09-10T00:46:24.233Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"605-912","title":"Contractors—Federal Government","topic_title":"Revenue 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