{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/705/912/#05-overview-and-background","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":"705","topic_title":"Cost of Sales and Services","subtopic":"705-912","subtopic_title":"Contractors—Federal Government","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"705-912-05-1","para":"05-1","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Paragraph superseded by Accounting Standards Update No. 2014-09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","snippet":"Paragraph superseded by Accounting Standards Update No.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":"sha256:234f0261205a6a9496ac6eac21c49c39426d4b5d0a101d6bbaa1ca87dd916f93","downloaded_from":"2026-09-10T00:56:18.551Z","last_downloaded_at":"2026-09-10T00:56:18.551Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477662","source_sha256":"d3e9fc43c31ac87c1eb3e431ca1a96fe842cb724c3e166f3e9a9e5c365dedc83"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b06acbcbfc23d111b95625299b7cde830a34e05ddb98b93416a18671550cc894","downloaded_from":"2026-09-10T00:56:18.551Z","last_downloaded_at":"2026-09-10T00:56:18.551Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477662","source_sha256":"d3e9fc43c31ac87c1eb3e431ca1a96fe842cb724c3e166f3e9a9e5c365dedc83"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:51fd65305761a4bdbe6f1f9ae4a3dd9887266026035dfe81d3152b5d456360ea","downloaded_from":"2026-09-10T00:56:18.551Z","last_downloaded_at":"2026-09-10T00:56:18.551Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477662","source_sha256":"d3e9fc43c31ac87c1eb3e431ca1a96fe842cb724c3e166f3e9a9e5c365dedc83"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:51fd65305761a4bdbe6f1f9ae4a3dd9887266026035dfe81d3152b5d456360ea","downloaded_from":"2026-09-10T00:56:18.551Z","last_downloaded_at":"2026-09-10T00:56:18.551Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147477662","source_sha256":"d3e9fc43c31ac87c1eb3e431ca1a96fe842cb724c3e166f3e9a9e5c365dedc83"}}