{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/720/15/#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":"720","topic_title":"Other Expenses","subtopic":"720-15","subtopic_title":"Start-Up Costs","section":{"number":"05","label":"05 Overview and Background","anchor":"05-overview-and-background","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"720-15-05-1","para":"05-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic provides guidance on the financial reporting of start-up and organization costs. This Subtopic defines <a href=\"/glossary/s/#start-up-activities\" class=\"term\" title=\"Defined broadly as those one-time activities related to any of the following: Opening a new facility Introducing a new product or service Conducting business in a new territory Conducting business with an entirely new class of customers (for example, a manufacturer who does all of its business with retailers attempts to sell merchandise directly to the public) or beneficiary Initiating a new process in an existing facility Commencing some new operation.\"><span>start-up activities</span></a> and provides Examples to help entities determine which costs fall within the scope and outside the scope of this Subtopic.</div></div>","snippet":"This Subtopic provides guidance on the financial reporting of start-up and organization costs. This Subtopic defines start-up activities and provides Examples to help entities determine which costs fall within the scope …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:52265d3c13120a59a6810d6f2360e7b6ecf99df3dca5ec8f34d673872bdf7b76","downloaded_from":"2026-09-10T01:07:02.296Z","last_downloaded_at":"2026-09-10T01:07:02.296Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483391","source_sha256":"4652c54e3e87d3a85d15689423c89f8ed5a4dc2441b5695d14301a60a270d70c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:4fb9533c8bdbffc29c28c35bdede65059eb3092f44bc53c4fae434cdd4d1cadd","downloaded_from":"2026-09-10T01:07:02.296Z","last_downloaded_at":"2026-09-10T01:07:02.296Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483391","source_sha256":"4652c54e3e87d3a85d15689423c89f8ed5a4dc2441b5695d14301a60a270d70c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a5e071b4890a2a6aacb80b11c3dd17538dbeb48908aa985097f2a0246789df27","downloaded_from":"2026-09-10T01:07:02.296Z","last_downloaded_at":"2026-09-10T01:07:02.296Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483391","source_sha256":"4652c54e3e87d3a85d15689423c89f8ed5a4dc2441b5695d14301a60a270d70c"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a5e071b4890a2a6aacb80b11c3dd17538dbeb48908aa985097f2a0246789df27","downloaded_from":"2026-09-10T01:07:02.296Z","last_downloaded_at":"2026-09-10T01:07:02.296Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483391","source_sha256":"4652c54e3e87d3a85d15689423c89f8ed5a4dc2441b5695d14301a60a270d70c"}}