# ASC 605-985-05: Revenue Recognition — Software — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/605/985/#05-overview-and-background)

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## ASC 605-985-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/605/985/#05-overview-and-background)

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##### [605-985-05-1](https://asc.understandingaccounting.org/asc/605/985/#605-985-05-1)

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This Subtopic provides guidance on the recognition of a provision for losses when a contract to deliver software or a software system, either alone or together with other products and services, requires significant production, modification, or customization of software.

##### [605-985-05-2](https://asc.understandingaccounting.org/asc/605/985/#605-985-05-2)

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This Subtopic does not provide any revenue recognition guidance.

##### [605-985-05-3](https://asc.understandingaccounting.org/asc/605/985/#605-985-05-3)

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[Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).

##### [605-985-05-4](https://asc.understandingaccounting.org/asc/605/985/#605-985-05-4)

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[Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).