# ASC 718-20-15: Compensation—Stock Compensation — Awards Classified as Equity — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/718/20/#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): 2026-09-10T01:04:37.043Z to 2026-09-10T01:04:37.043Z

Record version: sha256:cedf13345ccb5964160a49d10d095b954fd82f579a056b23295f8d2c4617620c

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 718-20-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/718/20/#15-scope-and-scope-exceptions)

SEC content: no

#### Overall Guidance

##### [718-20-15-1](https://asc.understandingaccounting.org/asc/718/20/#718-20-15-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:04:37.043Z to 2026-09-10T01:04:37.043Z

Record version: sha256:3d3add11dc206a0d84ac51ab9447a76d52a80a124170133f24eeac4f3dcd3b61

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 718-10-15, with specific transaction qualifications noted below.

#### Transactions

##### [718-20-15-2](https://asc.understandingaccounting.org/asc/718/20/#718-20-15-2)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:04:37.043Z to 2026-09-10T01:04:37.043Z

Record version: sha256:bfeacd695c2c8028ebb61fee754e439a522fee2cc33c9838b3813086b2981a0a

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The guidance in this Subtopic applies to share-based payment awards that are classified as equity (see paragraphs [718-10-25-6 through 25-19A](https://asc.understandingaccounting.org/asc/718/10/#718-10-25-6) for a description of what is classified as equity).

##### [718-20-15-3](https://asc.understandingaccounting.org/asc/718/20/#718-20-15-3)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:04:37.043Z to 2026-09-10T01:04:37.043Z

Record version: sha256:76cd39c20632f4f064ed847ee3996473f1e306fc71ce6483639db9b2fe4dd1e2

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The guidance in this Subtopic does not apply to equity instruments held by an employee stock ownership plan.