ASC 605-922
Entertainment—Cable Television
605 Revenue Recognition
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ASC 605-922 formerly contained industry-specific revenue recognition guidance for cable television entities (e.g., accounting for installation and hookup revenue and initial subscriber fees). Every paragraph in the subtopic — scope, background, and recognition — was superseded by ASU 2014-09, the revenue recognition standard. Cable television revenue is now accounted for under ASC 606, with related industry guidance in ASC 922 and contract cost guidance in ASC 340-40.
Key points (5)
- All content of this subtopic, including 605-922-05-1, 605-922-15-1, and 605-922-25-1 through 25-4, was superseded by Accounting Standards Update No. 2014-09.
- No extant recognition or measurement requirements remain in ASC 605-922; the subtopic is a shell retained for historical and cross-reference purposes.
- Revenue from cable television subscribers (installation, hookup, and service fees) is now recognized under the five-step model in ASC 606, including identifying performance obligations and allocating the transaction price.
- Costs of obtaining and fulfilling cable subscriber contracts are addressed by ASC 340-40 rather than legacy ASC 605 industry guidance.
- Remaining industry-specific cable television guidance (other than revenue) resides in ASC 922.
For students. Know that this subtopic is entirely superseded — citing it as live authority is the classic error; for cable television revenue questions go to ASC 606 (and ASC 340-40 for contract costs). It remains useful only for understanding pre-2014 comparative financial statements.
Machine-generated study aid for ASC 605-922. Check the source paragraphs below.
605-922-00Status
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| Paragraph | Action | Accounting Standards Update | Date |
| Direct Selling Costs | Superseded | Accounting Standards Update No. 2014-09 | 05/28/2014 |
| Prematurity Period | Superseded | Accounting Standards Update No. 2014-09 | 05/28/2014 |
| Subscriber-Related Costs | Superseded | Accounting Standards Update No. 2014-09 | 05/28/2014 |
| 922-605-05-1 | Superseded | Accounting Standards Update No. 2014-09 | 05/28/2014 |
| 922-605-15-1 | Superseded | Accounting Standards Update No. 2014-09 | 05/28/2014 |
| Superseded | Accounting Standards Update No. 2014-09 | 05/28/2014 |
605-922-05Overview and Background
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605-922-15Scope and Scope Exceptions
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605-922-20Glossary
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605-922-25Recognition
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