{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/610/30/#15-scope-and-scope-exceptions","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":"610","topic_title":"Other Income","subtopic":"610-30","subtopic_title":"Gains and Losses on Involuntary Conversions","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Entities","paragraphs":[{"citation":"610-30-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_A6FE18C0-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The guidance in this Subtopic applies to all entities.</span></span></div></div>","snippet":"The guidance in this Subtopic applies to all 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established by retrieval timestamps","source_key":"1943274/2147479916","source_sha256":"6dfad0437b652a5394c66fd030192c2943fb35b129e648b67c7a4235210bce89"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"610-30-15-2","para":"15-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_A6FE19DE-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The guidance in this Subtopic applies to the following events and transactions:</span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_A6FE1AB2-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Those in which nonmonetary assets are involuntarily converted (for example, as a result of total or partial destruction, theft, seizure, or condemnation) to monetary assets that are then reinvested in other nonmonetary assets. </span></span></div></li></ol></div></div>","snippet":"The guidance in this Subtopic applies to the following events and transactions:\n(a) Those in which nonmonetary assets are involuntarily converted (for example, as a result of total or partial destruction, theft, seizure,…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a8d4ff55b9160f892b8f6e51f4744cce587668062b7d9370d715076f3fb53ffe","downloaded_from":"2026-09-10T00:55:23.121Z","last_downloaded_at":"2026-09-10T00:55:23.121Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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