{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/605/942/#25-recognition","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":"605-942","subtopic_title":"Financial Services—Depository and Lending","section":{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"605-942-25-1","para":"25-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2014-09</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2014-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f2275f4389b632c5f973d944e7d3302d12dd4e0e271d2b2fcb6f15139ea3ab87","downloaded_from":"2026-09-10T00:49:14.292Z","last_downloaded_at":"2026-09-10T00:49:14.292Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478619","source_sha256":"e03f9fbaea89bea1f0fb849e5fcb48caf958d205942aa8712eab61b787eaa5d0"}},{"citation":"605-942-25-2","para":"25-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2014-09</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2014-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8a9b13966c2162042606d280a0ca6e91ac8d7d2bd76e6ef0a36da8aa0821f386","downloaded_from":"2026-09-10T00:49:14.292Z","last_downloaded_at":"2026-09-10T00:49:14.292Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478619","source_sha256":"e03f9fbaea89bea1f0fb849e5fcb48caf958d205942aa8712eab61b787eaa5d0"}},{"citation":"605-942-25-3","para":"25-3","html":"<div class=\"asc-body\"><div class=\"norm-text\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Paragraph superseded by Accounting Standards Update No. 2014-09</a>.</div></div>","snippet":"Paragraph superseded by Accounting Standards Update No. 2014-09.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:21008bb0d14a4d5a976cfb3cda6523fbb281b1e8215702f6a6c817bf649c0f00","downloaded_from":"2026-09-10T00:49:14.292Z","last_downloaded_at":"2026-09-10T00:49:14.292Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478619","source_sha256":"e03f9fbaea89bea1f0fb849e5fcb48caf958d205942aa8712eab61b787eaa5d0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:285ccfabac894060c29585972047ded3b7a4fc0dc7ff024da8acd032fe6d3c00","downloaded_from":"2026-09-10T00:49:14.292Z","last_downloaded_at":"2026-09-10T00:49:14.292Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478619","source_sha256":"e03f9fbaea89bea1f0fb849e5fcb48caf958d205942aa8712eab61b787eaa5d0"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e5e6e832601a70adbedfe19df377ccd78e8a820f82f34750d40519f2c94019de","downloaded_from":"2026-09-10T00:49:14.292Z","last_downloaded_at":"2026-09-10T00:49:14.292Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478619","source_sha256":"e03f9fbaea89bea1f0fb849e5fcb48caf958d205942aa8712eab61b787eaa5d0"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e5e6e832601a70adbedfe19df377ccd78e8a820f82f34750d40519f2c94019de","downloaded_from":"2026-09-10T00:49:14.292Z","last_downloaded_at":"2026-09-10T00:49:14.292Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478619","source_sha256":"e03f9fbaea89bea1f0fb849e5fcb48caf958d205942aa8712eab61b787eaa5d0"}}