{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/610/10/","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.","number":"610-10","topic":"610","title":"Overall","area":"Revenue","paragraphs":5,"summary":"ASC 610-10 is the Overall subtopic of the Other Income Topic, which covers income that is not revenue from a contract with a customer under Topic 606 and is not addressed by other Topics (such as Topic 842 on leases or Topic 944 on insurance) or other revenue/income recognition guidance. It is largely a scope-setting subtopic: it establishes the pervasive scope for Topic 610 and identifies its Subtopics — Overall (610-10), Gains and Losses from the Derecognition of Nonfinancial Assets (610-20), and Gains and Losses on Involuntary Conversions (610-30). The guidance applies to all entities.","concepts":["other income","contract with a customer","scope exclusion","derecognition of nonfinancial assets","involuntary conversions","residual income guidance","applies to all entities"],"categories":["Revenue","Recognition","Derecognition"],"level":"introductory","topic_title":"Other Income","sections":[{"number":"00","label":"00 Status","anchor":"00-status","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"610-10-00-1","para":"00-1","html":"
The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
ContractAddedAccounting Standards Update No. 2014-0905/28/2014
CustomerAddedAccounting Standards Update No. 2014-0905/28/2014
RevenueAddedAccounting Standards Update No. 2014-0905/28/2014
610-10-05-1AmendedAccounting Standards Update No. 2016-0202/25/2016
610-10-05-1AddedAccounting Standards Update No. 2014-0905/28/2014
610-10-05-2AddedAccounting Standards Update No. 2014-0905/28/2014
610-10-15-1AddedAccounting Standards Update No. 2014-0905/28/2014
610-10-15-2AddedAccounting Standards Update No. 2014-0905/28/2014
","snippet":"The following table identifies the changes made to this Subtopic.\nParagraph | Action | Accounting Standards Update | Date |\n| | | |\nContract | Added | Accounting Standards Update No. 2014-09 | 05/28/2014 |\nCustomer | Add…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b0ff9b61af248590140040eec19e46045dbbb6fb7d7b67f145b6105ca4b52d09","downloaded_from":"2026-09-10T00:54:36.973Z","last_downloaded_at":"2026-09-10T00:54:36.973Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479345","source_sha256":"ab00a32c28dd4e0d99b9c8d1faf559dafd397b64395ce593d4850feb3219602a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fe223507d317a3df5df1c9edeccc970f0c75660ca5ceb7f50f8ae9635cdb1f66","downloaded_from":"2026-09-10T00:54:36.973Z","last_downloaded_at":"2026-09-10T00:54:36.973Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479345","source_sha256":"ab00a32c28dd4e0d99b9c8d1faf559dafd397b64395ce593d4850feb3219602a"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:99cd88ab65fbe0645a7eded9f9b83caf78bc15a759ab23038286248960e16503","downloaded_from":"2026-09-10T00:54:36.973Z","last_downloaded_at":"2026-09-10T00:54:36.973Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479345","source_sha256":"ab00a32c28dd4e0d99b9c8d1faf559dafd397b64395ce593d4850feb3219602a"}},{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"610-10-05-1","para":"05-1","html":"
The Other Income Topic specifies standards of financial accounting and reporting for income recognized that is not in a contract with a customer within the scope of Topic 606 on revenue from contracts with customers, other Topics (such as Topic 842 on leases and Topic 944 on insurance), or in accordance with other revenue or income recognition guidance.
","snippet":"The Other Income Topic specifies standards of financial accounting and reporting for income recognized that is not in a contract with a customer within the scope of Topic 606 on revenue from contracts with customers, oth…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:f81eea7d53cc25969452f424d4044b6b67b8313234217bde12f49f93bff86d13","downloaded_from":"2026-09-10T00:54:40.305Z","last_downloaded_at":"2026-09-10T00:54:40.305Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479318","source_sha256":"2298a9499f6cbcac0993b5dc5e4098ef10061469bfe43d4996ea23b4b1b25c2a"}},{"citation":"610-10-05-2","para":"05-2","html":"
This Topic includes the following Subtopics:
  1. a
    Overall
  2. b
    Gains and Losses from the Derecognition of Nonfinancial Assets
  3. c
    Gains and Losses on Involuntary Conversions.
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The scope Section of the Overall Subtopic establishes the pervasive scope for the Other Income Topic.
","snippet":"The scope Section of the Overall Subtopic establishes the pervasive scope for the Other Income Topic.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:81eb05dd52ebbac0e50b5e86d22ef9c74f46ef2538ce4574521863c2fe6baac5","downloaded_from":"2026-09-10T00:54:42.028Z","last_downloaded_at":"2026-09-10T00:54:42.028Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479292","source_sha256":"4cc50d5b4769c18ca87545c04f3779b0ea1c9e86318d524780075ee7fdd0e070"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:702bbe3a3cd67499d602e02f2adb763cd89dadd03199f8531567272024afb55d","downloaded_from":"2026-09-10T00:54:42.028Z","last_downloaded_at":"2026-09-10T00:54:42.028Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479292","source_sha256":"4cc50d5b4769c18ca87545c04f3779b0ea1c9e86318d524780075ee7fdd0e070"}},{"block":null,"heading":"Entities","paragraphs":[{"citation":"610-10-15-2","para":"15-2","html":"
The guidance in this Topic applies to all entities.
","snippet":"The guidance in this Topic applies to all entities.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4c9d25c6b082bf7c438a1c3d72ff2212da597776280ae0b5a119dcb85b0e9c55","downloaded_from":"2026-09-10T00:54:42.028Z","last_downloaded_at":"2026-09-10T00:54:42.028Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479292","source_sha256":"4cc50d5b4769c18ca87545c04f3779b0ea1c9e86318d524780075ee7fdd0e070"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:92c74a5df96a92c60fba3f03f3390298f945966879a451f61c81263d5ba58c8e","downloaded_from":"2026-09-10T00:54:42.028Z","last_downloaded_at":"2026-09-10T00:54:42.028Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479292","source_sha256":"4cc50d5b4769c18ca87545c04f3779b0ea1c9e86318d524780075ee7fdd0e070"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:79a3d02eb494781a2d13e00510f01fe3c7e13900c8784b4009754a0e3d9b93be","downloaded_from":"2026-09-10T00:54:42.028Z","last_downloaded_at":"2026-09-10T00:54:42.028Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479292","source_sha256":"4cc50d5b4769c18ca87545c04f3779b0ea1c9e86318d524780075ee7fdd0e070"}}],"enrichment":{"summary":"ASC 610-10 is the Overall subtopic of the Other Income Topic, which covers income that is not revenue from a contract with a customer under Topic 606 and is not addressed by other Topics (such as Topic 842 on leases or Topic 944 on insurance) or other revenue/income recognition guidance. It is largely a scope-setting subtopic: it establishes the pervasive scope for Topic 610 and identifies its Subtopics — Overall (610-10), Gains and Losses from the Derecognition of Nonfinancial Assets (610-20), and Gains and Losses on Involuntary Conversions (610-30). The guidance applies to all entities.","key_points":["Topic 610 sets standards for income recognized that is NOT in a contract with a customer within the scope of Topic 606, other Topics (e.g., Topic 842 leases, Topic 944 insurance), or other revenue or income recognition guidance (610-10-05-1).","Topic 610 comprises three Subtopics: Overall, Gains and Losses from the Derecognition of Nonfinancial Assets, and Gains and Losses on Involuntary Conversions (610-10-05-2).","The scope Section of the Overall Subtopic establishes the pervasive scope for the entire Other Income Topic (610-10-15-1).","The guidance in Topic 610 applies to all entities (610-10-15-2).","610-10 itself contains no recognition or measurement rules; substantive guidance resides in the other Subtopics (610-20 and 610-30)."],"categories":["Revenue","Recognition","Derecognition"],"audience_level":"introductory","student_note":"Topic 610 is the residual bucket for income: if a counterparty is not a customer and no other Topic applies, look here. The common mistake is treating every inflow as Topic 606 revenue — sales of nonfinancial assets outside the ordinary course (e.g., real estate, equipment) generate gains under 610-20, not revenue.","related_topics":["606","610-20","610-30","842","944","350"],"key_concepts":["other income","contract with a customer","scope exclusion","derecognition of nonfinancial assets","involuntary conversions","residual income guidance","applies to all entities"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:d595470dfb29353535d80f145fc39e3d149c312475d2ace88347e5a481cf0eeb","downloaded_from":"2026-09-10T00:54:36.973Z","last_downloaded_at":"2026-09-10T00:54:45.197Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"720-10","title":"Overall","topic_title":"Other 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