# ASC 605-948-15: Revenue Recognition — Financial Services—Mortgage Banking — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/605/948/#15-scope-and-scope-exceptions)

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): 2026-09-10T00:50:08.523Z to 2026-09-10T00:50:08.523Z

Record version: sha256:a2901af7031b5ac2245db7ee41c1eb779f6497cc39ed38501ffee14a15e2fda1

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 605-948-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/605/948/#15-scope-and-scope-exceptions)

SEC content: no

##### [605-948-15-1](https://asc.understandingaccounting.org/asc/605/948/#605-948-15-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:50:08.523Z to 2026-09-10T00:50:08.523Z

Record version: sha256:d90eef5f15ddf442ecb59693934db8e1421200049d5898ea95d999f90acb597f

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[Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).
