{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/720/10/","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.","number":"720-10","topic":"720","title":"Overall","area":"Expenses","paragraphs":2,"summary":"ASC 720-10 is the Overall subtopic of the Other Expenses Topic, which is essentially an organizing shell. It lists the eight subtopics housed under Topic 720 — Overall, Start-Up Costs, Insurance Costs, Contributions Made, Real and Personal Property Taxes, Advertising Costs, Electronic Equipment Waste Obligations, and Business and Technology Reengineering — and states that each contains standalone guidance with no interrelationship among them.","concepts":["other expenses","start-up costs","insurance costs","contributions made","property taxes","advertising costs","electronic equipment waste obligations","business and technology reengineering"],"categories":["Recognition","Presentation","Financial statement presentation"],"level":"introductory","topic_title":"Other Expenses","sections":[{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"720-10-05-1","para":"05-1","html":"
The Other Expenses Topic includes the following Subtopics:
  1. a
    Overall
  2. b
    Start-Up Costs
  3. c
    Insurance Costs
  4. d
    Contributions Made
  5. e
    Real and Personal Property Taxes
  6. f
    Advertising Costs
  7. g
    Electronic Equipment Waste Obligations
  8. h
    Business and Technology Reengineering.
","snippet":"The Other Expenses Topic includes the following Subtopics:\n(a) Overall\n(b) Start-Up Costs\n(c) Insurance Costs\n(d) Contributions Made\n(e) Real and Personal Property Taxes\n(f) Advertising Costs\n(g) Electronic Equipment Was…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4af599e216e13cb4097c8e06718ec623cbe43480467ffe341135532871953307","downloaded_from":"2026-09-10T01:06:55.927Z","last_downloaded_at":"2026-09-10T01:06:55.927Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483343","source_sha256":"59ebf7563e3d2920748370cfd577e2163927e5c6e319cd11c1c417b4315e7180"}},{"citation":"720-10-05-2","para":"05-2","html":"
Each Subtopic in the Other Expenses Topic contains standalone guidance; there is no relationship between the individual Subtopics within this Topic. Each Subtopic provides accounting and reporting guidance for the specific type of costs and expenses as indicated by the Subtopic title.
","snippet":"Each Subtopic in the Other Expenses Topic contains standalone guidance; there is no relationship between the individual Subtopics within this Topic. Each Subtopic provides accounting and reporting guidance for the specif…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:638c0086287abe12915253fc6c545f6bea478f73d96e294df9a553624d69f7ed","downloaded_from":"2026-09-10T01:06:55.927Z","last_downloaded_at":"2026-09-10T01:06:55.927Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483343","source_sha256":"59ebf7563e3d2920748370cfd577e2163927e5c6e319cd11c1c417b4315e7180"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:efbcfc788ab14b4994448f37f7d6175d3698b74117c6fc1fc306d886d5842ae8","downloaded_from":"2026-09-10T01:06:55.927Z","last_downloaded_at":"2026-09-10T01:06:55.927Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483343","source_sha256":"59ebf7563e3d2920748370cfd577e2163927e5c6e319cd11c1c417b4315e7180"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:1dd6fc3db5483e0dae40eb0f2cf9277a40b3d10379b8d454a2e2365fd5caade8","downloaded_from":"2026-09-10T01:06:55.927Z","last_downloaded_at":"2026-09-10T01:06:55.927Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483343","source_sha256":"59ebf7563e3d2920748370cfd577e2163927e5c6e319cd11c1c417b4315e7180"}}],"enrichment":{"summary":"ASC 720-10 is the Overall subtopic of the Other Expenses Topic, which is essentially an organizing shell. It lists the eight subtopics housed under Topic 720 — Overall, Start-Up Costs, Insurance Costs, Contributions Made, Real and Personal Property Taxes, Advertising Costs, Electronic Equipment Waste Obligations, and Business and Technology Reengineering — and states that each contains standalone guidance with no interrelationship among them.","key_points":["Topic 720 collects guidance on miscellaneous expenses and costs not addressed in other Topics, organized into eight subtopics listed at 720-10-05-1.","The subtopics are Overall (720-10), Start-Up Costs (720-15), Insurance Costs (720-20), Contributions Made (720-25), Real and Personal Property Taxes (720-30), Advertising Costs (720-35), Electronic Equipment Waste Obligations (720-40), and Business and Technology Reengineering (720-45).","Per 720-10-05-2, each Subtopic contains standalone guidance and there is no relationship between the individual Subtopics within the Topic.","Because the subtopics are independent, guidance or analogies from one 720 subtopic should not be applied to another type of cost covered by a different subtopic.","720-10 Overall itself supplies no recognition or measurement rules; the substantive accounting and reporting requirements reside in the specific cost subtopics."],"categories":["Recognition","Presentation","Financial statement presentation"],"audience_level":"introductory","student_note":"Treat 720-10 as a table of contents, not a source of rules — the testable content is in the individual subtopics (e.g., expensing start-up costs under 720-15, contributions made under 720-25). The common mistake is assuming the 720 subtopics form a coherent framework and reasoning by analogy across them, which 720-10-05-2 expressly forecloses.","related_topics":["720-15","720-20","720-25","720-30","720-35","720-45"],"key_concepts":["other expenses","start-up costs","insurance costs","contributions made","property taxes","advertising costs","electronic equipment waste obligations","business and technology reengineering"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a14b2407a5d785cb1eb7a69e791bdee26cb12a39cdaa9717cd65fa6735c010fe","downloaded_from":"2026-09-10T01:06:55.927Z","last_downloaded_at":"2026-09-10T01:06:55.927Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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