# ASC 610-30-15: Other Income — Gains and Losses on Involuntary Conversions — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/610/30/#15-scope-and-scope-exceptions)

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): 2026-09-10T00:55:23.121Z to 2026-09-10T00:55:23.121Z

Record version: sha256:fc7d949276d62a8ffa50b01173f36c3054a6bbe77f945b68eef60be5919c0a2e

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 610-30-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/610/30/#15-scope-and-scope-exceptions)

SEC content: no

#### Entities

##### [610-30-15-1](https://asc.understandingaccounting.org/asc/610/30/#610-30-15-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:55:23.121Z to 2026-09-10T00:55:23.121Z

Record version: sha256:d94acc5f7e853d7cd7f4b7537500d3a3cd33cc55defe62a55a74bbe16f215d4f

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The guidance in this Subtopic applies to all entities.

#### Transactions

##### [610-30-15-2](https://asc.understandingaccounting.org/asc/610/30/#610-30-15-2)

Pending content: no

Source downloaded (UTC): 2026-09-10T00:55:23.121Z to 2026-09-10T00:55:23.121Z

Record version: sha256:a8d4ff55b9160f892b8f6e51f4744cce587668062b7d9370d715076f3fb53ffe

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The guidance in this Subtopic applies to the following events and transactions:

1.  a
    
    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.