ASC 710-908
Airlines
710 Compensation—General
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ASC 710-908 is the Airlines industry sub-subtopic of Compensation—General, but every section shown (05 Overview, 15 Scope, 25 Recognition, 30 Initial Measurement) is marked "Section not used," meaning the Codification carries no incremental airline-specific guidance in those sections. A reader must therefore apply the general compensation guidance in ASC 710 (and any airline guidance located elsewhere in ASC 908) to airline compensation arrangements.
Key points (5)
- Sections 05, 15, 25, and 30 of 710-908 are each labeled 'Section not used' (710-908-05-1, 710-908-15-1, 710-908-25-1, 710-908-30-1), so no overview, scope, recognition, or initial measurement rules are provided here.
- Because no industry-specific exception is stated, airline entities follow the general Compensation—General guidance in ASC 710 for items such as compensated absences, deferred compensation, and lump-sum payments.
- The '908' segment of the Codification number identifies the Airlines industry overlay, signaling that any airline-specific compensation content would appear in this location if it existed.
- Empty sections in the Codification are placeholders that preserve the uniform section structure; they should not be read as prohibitions or as creating a gap in GAAP.
- Researchers encountering an all-empty industry subtopic should return to the parent general subtopic (710-10) and to the industry topic (908) to complete the analysis.
For students. This subtopic is a structural placeholder—its practical value is knowing that airlines get no special compensation rules here and must default to ASC 710-10. A common misunderstanding is treating "Section not used" as a scope exclusion or as evidence that the topic does not apply to airlines.
Machine-generated study aid for ASC 710-908. Check the source paragraphs below.
710-908-05Overview and Background
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710-908-15Scope and Scope Exceptions
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710-908-25Recognition
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710-908-30Initial Measurement
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