{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/605/978/#10-objectives","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":"605-978","subtopic_title":"Real Estate—Time-Sharing Activities","section":{"number":"10","label":"10 Objectives","anchor":"10-objectives","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"605-978-10-1","para":"10-1","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Paragraph superseded by Accounting Standards Update No. 2014-09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","snippet":"Paragraph superseded by Accounting Standards Update No.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":"sha256:1ba0036b8e1535dd76bd3de4eeacf006c580eebd380018b39314d5e0bb950cbf","downloaded_from":"2026-09-10T00:53:29.444Z","last_downloaded_at":"2026-09-10T00:53:29.444Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477260","source_sha256":"7ff3ec02b160ab9142ac63d00cc5606ffeaae7ff5a5a852c16fa32a63eccccfc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c5d8e0e41a9fb32fffcf8e5754f0745047dfd0c8cf2c3f25983fd93884962302","downloaded_from":"2026-09-10T00:53:29.444Z","last_downloaded_at":"2026-09-10T00:53:29.444Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477260","source_sha256":"7ff3ec02b160ab9142ac63d00cc5606ffeaae7ff5a5a852c16fa32a63eccccfc"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:84b410f07512b5ec31e3fb51fbc1084c62006ceca668bc257dfce6c5f9747345","downloaded_from":"2026-09-10T00:53:29.444Z","last_downloaded_at":"2026-09-10T00:53:29.444Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477260","source_sha256":"7ff3ec02b160ab9142ac63d00cc5606ffeaae7ff5a5a852c16fa32a63eccccfc"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:84b410f07512b5ec31e3fb51fbc1084c62006ceca668bc257dfce6c5f9747345","downloaded_from":"2026-09-10T00:53:29.444Z","last_downloaded_at":"2026-09-10T00:53:29.444Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477260","source_sha256":"7ff3ec02b160ab9142ac63d00cc5606ffeaae7ff5a5a852c16fa32a63eccccfc"}}