# ASC 605-952: Revenue Recognition — Franchisors Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/605/952/) 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): 2026-09-10T00:50:14.020Z to 2026-09-10T00:50:38.705Z Record version: sha256:7b76601c82ca9a89fa84423248782e5b0ae907796038ac6ec26a1bb65d31112c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952: Revenue Recognition — Franchisors ### Machine-generated study aids ```json { "summary": "ASC 605-952 formerly contained the industry-specific revenue recognition guidance for franchisors (initial franchise fees, area franchise sales, continuing fees, and related disclosures). Every paragraph in the subtopic — Sections 05, 15, 25, 35, 40, 45, and 50 — has been superseded by ASU 2014-09 (Revenue from Contracts with Customers). Franchisors now apply ASC 606 (with ASC 340-40 for contract costs), including the franchisor-specific implementation guidance and, for private companies, the practical expedient added by ASU 2021-02.", "key_points": [ "Every paragraph of this subtopic, including 605-952-05-1, 605-952-15-1, 605-952-25-1 through 25-17, 605-952-35-1, 605-952-40-1, 605-952-45-1, and 605-952-50-1 through 50-3, is marked 'Paragraph superseded by Accounting Standards Update No. 2014-09.'", "Because no substantive text remains, the subtopic imposes no current recognition, measurement, derecognition, presentation, or disclosure requirements on franchisors.", "The legacy model this subtopic carried forward (from FAS 45) recognized initial franchise fees only when substantially all initial services had been performed; that model no longer applies under GAAP.", "Franchisors must instead apply the five-step model in ASC 606-10 to franchise agreements, identifying performance obligations and allocating the transaction price, and apply ASC 340-40 to incremental costs of obtaining and costs to fulfill a contract.", "Legacy 605 guidance may still be relevant only for historical financial statements or comparative periods presented before the ASU 2014-09 effective date." ], "categories": [ "Revenue", "Industry-specific", "Transition and effective dates", "Recognition" ], "audience_level": "introductory", "student_note": "This subtopic is a shell: its only teaching point is that franchisor-specific revenue rules were eliminated by ASU 2014-09 and replaced by the general ASC 606 model. The common mistake is citing the old 'substantially all initial services performed' test for initial franchise fees, which is no longer authoritative.", "related_topics": [ "606-10", "340-40", "952-606", "952-340", "605-10" ], "key_concepts": [ "superseded guidance", "franchisor revenue", "initial franchise fee", "continuing franchise fee", "revenue from contracts with customers", "industry-specific revenue guidance", "transition to asc 606" ] } ``` Source downloaded (UTC): 2026-09-10T00:50:14.020Z to 2026-09-10T00:50:14.020Z Record version: sha256:aa173a101d9955058dbd373ae550ba35e0b8c1c1133503cdf86555451fdc6807 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/605/952/#00-status) SEC content: no ##### [605-952-00-1](https://asc.understandingaccounting.org/asc/605/952/#605-952-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:14.020Z to 2026-09-10T00:50:14.020Z Record version: sha256:adbd427c70185465a21c5da5ddcd03a5cdae26e3b2d734dd0f309e381fea5978 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
Area FranchiseSupersededAccounting Standards Update No. 2014-0905/28/2014
Bargain PurchaseSupersededAccounting Standards Update No. 2014-0905/28/2014
Continuing Franchise FeesSupersededAccounting Standards Update No. 2014-0905/28/2014
Franchise AgreementSupersededAccounting Standards Update No. 2014-0905/28/2014
FranchiseeSupersededAccounting Standards Update No. 2014-0905/28/2014
FranchisorSupersededAccounting Standards Update No. 2014-0905/28/2014
Initial Franchise FeeSupersededAccounting Standards Update No. 2014-0905/28/2014
Initial ServicesSupersededAccounting Standards Update No. 2014-0905/28/2014
952-605-05-1SupersededAccounting Standards Update No. 2014-0905/28/2014
952-605-15-1SupersededAccounting Standards Update No. 2014-0905/28/2014
952-605-25-1 through 25-17
SupersededAccounting Standards Update No. 2014-0905/28/2014
952-605-35-1SupersededAccounting Standards Update No. 2014-0905/28/2014
952-605-40-1SupersededAccounting Standards Update No. 2014-0905/28/2014
952-605-45-1SupersededAccounting Standards Update No. 2014-0905/28/2014
952-605-50-1 through 50-3
SupersededAccounting Standards Update No. 2014-0905/28/2014
Source downloaded (UTC): 2026-09-10T00:50:17.455Z to 2026-09-10T00:50:17.455Z Record version: sha256:3868431203c8d6cca4647d80578e79a0328d216e3cdc022f129b42ab12ee98dc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/605/952/#05-overview-and-background) SEC content: no ##### [605-952-05-1](https://asc.understandingaccounting.org/asc/605/952/#605-952-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:17.455Z to 2026-09-10T00:50:17.455Z Record version: sha256:2c7e3932c9258010110422c9d1380375d76380b9048df55125c528ed2bad6fda 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): 2026-09-10T00:50:20.596Z to 2026-09-10T00:50:20.596Z Record version: sha256:9a5ad4b2f591a5e0f411b95ab1a11b3fac7250009053341d1a5a0c61056ea698 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/605/952/#15-scope-and-scope-exceptions) SEC content: no ##### [605-952-15-1](https://asc.understandingaccounting.org/asc/605/952/#605-952-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:20.596Z to 2026-09-10T00:50:20.596Z Record version: sha256:ebc4c7b660d5c205247a4e0abb4ae2fd86bad762bca555a919192ea9db084658 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): 2026-09-10T00:50:22.406Z to 2026-09-10T00:50:22.406Z Record version: sha256:bf80daccfc71ebb0d1c9b1bcb06f8014d57392beb32471eb856fa5712af96202 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-20: 20 Glossary [Read section](https://asc.understandingaccounting.org/asc/605/952/#20-glossary) SEC content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:53df9e990cc69f8a1a7216bd96b3e8570700e71de3e4b8dc0dfea3429c43e1a3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/605/952/#25-recognition) SEC content: no ##### [605-952-25-1](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:25c071e19685b9855bfe8c03816e5d5985c7edea52893141a93fc1b4fff37962 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/). ##### [605-952-25-2](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:611028fd989d03153cb9ceac0df82b87db0f52cccdc6d68da2d7249ccdeca31e 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/). ##### [605-952-25-3](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:36503d64f16b28ce47fcab744418ce483f56171f6ac6003280ceb7a9ab18b842 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/). ##### [605-952-25-4](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-4) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:90e358f18cfbd8fabed7f30b0c01c00762f98a96c7864039c4798a186be245ae 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/). ##### [605-952-25-5](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-5) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:152dfb0fb418a58f25b0028d5f770ae5d0fb9b4684813f4750cb6cbbb0b3238d 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/). ##### [605-952-25-6](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-6) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:e62eda87126058746d0bf16ffade17a5f4906bdb446ff65bc36e6b34f51358f1 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/). ##### [605-952-25-7](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-7) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:2b04ac8df5d427fd548e968aaacc61b8951cd15973d643cad30fdff6dfb7b579 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/). ##### [605-952-25-8](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-8) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:2f917d04d16fd4bb09d11e4bb132997ef477908a4fb01513bcc59e982513ba59 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/). ##### [605-952-25-9](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-9) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:ba2fcf35cdd1ff58f66e0acd775040b910be4995c229bb0233d004cd8e05ce44 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/). ##### [605-952-25-10](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-10) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:8448b27dbc4207d626cafa05ce67014f112f2c60d6d3dabca4e9460dbaef9528 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/). ##### [605-952-25-11](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-11) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:3f664f6b8b3dba402df26ae60fe7d4d8a6f2db2e8552c1b4b058d1c6e3cb730e 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/). ##### [605-952-25-12](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-12) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:cbc07559c1a35d7bd9fa94ad987d7530c63ffbeec759a613a54235135c2ee7f3 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/). ##### [605-952-25-13](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-13) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:e65e5ce643191289369d7993945d7b200e5ff854193cb78ef48a332de83d8cc2 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/). ##### [605-952-25-14](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-14) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:ed0cc8cbedfe794faef2ab3b705e91817672b806648744b6601f4c2c05990231 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/). ##### [605-952-25-15](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-15) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:66d54d44d50990c0241db72df8bf4c9ee7e509d660c501c61bb2a758d867d38f 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/). ##### [605-952-25-16](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-16) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:775b8c9af30f27072778b733cb60dc0de61b92881c55eb0d13c3289c9c8d14d8 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/). ##### [605-952-25-17](https://asc.understandingaccounting.org/asc/605/952/#605-952-25-17) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:25.765Z to 2026-09-10T00:50:25.765Z Record version: sha256:e02b092dc75f3d138a51714b3286e536eea975fdf4922aca6feacbe5c15d2134 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): 2026-09-10T00:50:29.396Z to 2026-09-10T00:50:29.396Z Record version: sha256:c49a3336e2e6ec472b78288e93304921ee2370bf6a6b18e0e86370051453cc70 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-35: 35 Subsequent Measurement [Read section](https://asc.understandingaccounting.org/asc/605/952/#35-subsequent-measurement) SEC content: no ##### [605-952-35-1](https://asc.understandingaccounting.org/asc/605/952/#605-952-35-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:29.396Z to 2026-09-10T00:50:29.396Z Record version: sha256:1262e0c8d06e42267d19e0de121d20579e02d3a54afd467065c0dc29b7693421 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): 2026-09-10T00:50:31.442Z to 2026-09-10T00:50:31.442Z Record version: sha256:83e2ca8b11d8478de8ab3f55b2bf518a59730cbfa92f52196400d749fecb937d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-40: 40 Derecognition [Read section](https://asc.understandingaccounting.org/asc/605/952/#40-derecognition) SEC content: no ##### [605-952-40-1](https://asc.understandingaccounting.org/asc/605/952/#605-952-40-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:31.442Z to 2026-09-10T00:50:31.442Z Record version: sha256:0f9bb29a2e40bb58838b95ee3eff7f099ba6328b5c45395711d1ec32fe34b9f9 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): 2026-09-10T00:50:35.079Z to 2026-09-10T00:50:35.079Z Record version: sha256:f3ffbe7468a00496c52d252c89252ea105baf8d00ec3f5ee592317412aa3d265 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-45: 45 Other Presentation Matters [Read section](https://asc.understandingaccounting.org/asc/605/952/#45-other-presentation-matters) SEC content: no ##### [605-952-45-1](https://asc.understandingaccounting.org/asc/605/952/#605-952-45-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:35.079Z to 2026-09-10T00:50:35.079Z Record version: sha256:32086ee7753781415fc71e5661ef8186cd42c70b895efcd3415c40057475b9ca 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): 2026-09-10T00:50:36.819Z to 2026-09-10T00:50:36.819Z Record version: sha256:e2a3f945c288562bf7d4b7a53bc4f2baba03bcf26eb78f5f3e9300e8c2f65b88 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 605-952-50: 50 Disclosure [Read section](https://asc.understandingaccounting.org/asc/605/952/#50-disclosure) SEC content: no ##### [605-952-50-1](https://asc.understandingaccounting.org/asc/605/952/#605-952-50-1) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:36.819Z to 2026-09-10T00:50:36.819Z Record version: sha256:47a34d19327c0893da2cebeb3a782e20707ed4398f0716f62939b5def3db5c10 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/). ##### [605-952-50-2](https://asc.understandingaccounting.org/asc/605/952/#605-952-50-2) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:36.819Z to 2026-09-10T00:50:36.819Z Record version: sha256:1403a651b7be2ebda75a48d0bab4c723ac485de94eed3b99a52c222517cde2cd 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/). ##### [605-952-50-3](https://asc.understandingaccounting.org/asc/605/952/#605-952-50-3) Pending content: no Source downloaded (UTC): 2026-09-10T00:50:36.819Z to 2026-09-10T00:50:36.819Z Record version: sha256:bfd8d4b926e568f1fd5395f053aaf1ff48e38365eee730e374e50e306fe02d51 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/).