# ASC 720-15: Other Expenses — Start-Up Costs Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/720/15/) 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): 2026-09-10T01:06:59.231Z to 2026-09-10T01:07:15.369Z Record version: sha256:1f2414b3f9d6ebbb1204c58a75682e4b9ab184b979bbb79adc0457bc390798a1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 720-15: Other Expenses — Start-Up Costs ### Machine-generated study aids ```json { "summary": "ASC 720-15 governs the accounting for start-up activities — including one-time activities to open a new facility, introduce a new product or service, conduct business in a new territory or with a new class of customer, initiate a new process in an existing facility, or organize a new entity (organization costs). The single core rule is that costs of start-up activities, including organization costs, must be expensed as incurred (720-15-25-1). The Subtopic defines start-up activities by their nature rather than by the time period in which they occur, and carves out numerous costs governed by other GAAP.", "key_points": [ "Costs of start-up activities, including organization costs, shall be expensed as incurred (720-15-25-1); no capitalization or deferral is permitted.", "The Subtopic applies to all nongovernmental entities, including not-for-profit entities (720-15-15-1), and start-up activities are identified by the nature of the activity, not the time period in which it occurs (720-15-15-2).", "Terms such as preopening costs, preoperating costs, and organization costs are all treated as start-up costs under this Subtopic (720-15-15-3).", "Excluded from scope are, among others, ongoing customer acquisition and loan origination costs, merger/acquisition activities, business process reengineering (720-45), costs of acquiring or constructing long-lived assets, inventory costs, intangible asset acquisition costs, internally developed assets such as internal-use software, R&D under 730-10-15, regulatory costs under 980-10-15, NFP fundraising, capital-raising, advertising, and contract-related learning and acquisition costs under 340-40 (720-15-15-4).", "Although the cost of acquiring long-lived, intangible, and internally developed assets is outside the scope, the cost of using those assets that is allocated to start-up activities (for example, depreciation of computers or amortization of a purchased patent) is within the scope and expensed (720-15-15-4(f), (h), (i)).", "Excluded costs are not automatically capitalizable; they are capitalized only if they qualify under other GAAP (720-15-55-1).", "Illustrative in-scope costs include feasibility study and consulting costs, employee recruiting and training, salary-related costs, post-construction security/property taxes/insurance/utilities, and nonrecurring operating losses (720-15-55-3, 55-6, 55-9)." ], "categories": [ "Recognition", "Initial measurement", "Not-for-profit" ], "audience_level": "introductory", "student_note": "The rule itself is one sentence — expense start-up costs as incurred — so exam questions almost always test scope: distinguishing preopening/training/feasibility costs (expensed) from long-lived asset, inventory, software, and advertising costs (governed elsewhere). The common misunderstanding is assuming that anything excluded from 720-15 may be capitalized; 720-15-55-1 says such costs are capitalized only if other GAAP allows it.", "related_topics": [ "340-40", "720-45", "730-10", "958-720", "350-40", "835-30" ], "key_concepts": [ "start-up costs", "organization costs", "preopening costs", "expense as incurred", "nonrecurring operating losses", "scope exceptions", "not-for-profit entities", "allocated depreciation and amortization" ] } ``` Source downloaded (UTC): 2026-09-10T01:06:59.231Z to 2026-09-10T01:06:59.231Z Record version: sha256:1b4a9d0d854cb3a8fed3a6f0a8b5398cb81ac2078b227e4d3d49f9dd3821dbbf Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 720-15-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/720/15/#00-status) SEC content: no ##### [720-15-00-1](https://asc.understandingaccounting.org/asc/720/15/#720-15-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:06:59.231Z to 2026-09-10T01:06:59.231Z Record version: sha256:02c2d61294ded775a9fff10138724500118c24b5bd323888ad15b1ff822762ff Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
ContractAddedAccounting Standards Update No. 2014-0905/28/2014
CustomerAddedAccounting Standards Update No. 2014-0905/28/2014
RevenueAddedAccounting Standards Update No. 2014-0905/28/2014
720-15-15-1AmendedAccounting Standards Update No. 2014-1006/10/2014
720-15-15-4AmendedAccounting Standards Update No. 2014-0905/28/2014
720-15-55-7AmendedAccounting Standards Update No. 2014-0905/28/2014
Source downloaded (UTC): 2026-09-10T01:07:02.296Z to 2026-09-10T01:07:02.296Z Record version: sha256:a5e071b4890a2a6aacb80b11c3dd17538dbeb48908aa985097f2a0246789df27 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 720-15-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/720/15/#05-overview-and-background) SEC content: no ##### [720-15-05-1](https://asc.understandingaccounting.org/asc/720/15/#720-15-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:02.296Z to 2026-09-10T01:07:02.296Z Record version: sha256:52265d3c13120a59a6810d6f2360e7b6ecf99df3dca5ec8f34d673872bdf7b76 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Subtopic provides guidance on the financial reporting of start-up and organization costs. This Subtopic defines [start-up activities](https://asc.understandingaccounting.org/glossary/s/#start-up-activities "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.") and provides Examples to help entities determine which costs fall within the scope and outside the scope of this Subtopic. Source downloaded (UTC): 2026-09-10T01:07:05.683Z to 2026-09-10T01:07:05.683Z Record version: sha256:22a928a8cd4003f0580675788bfb68ee50c50e27da6e6b9b8082855c62435ac5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 720-15-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/720/15/#15-scope-and-scope-exceptions) SEC content: no #### Entities ##### [720-15-15-1](https://asc.understandingaccounting.org/asc/720/15/#720-15-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:05.683Z to 2026-09-10T01:07:05.683Z Record version: sha256:a46bac5faaaf0dace4a70cb07ff7467a66d1fc50e37021bdcf516abc3b3652d1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Subtopic applies to all nongovernmental entities, including not-for-profit entities (NFPs). 1. a [Subparagraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). 2. b [Subparagraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). 3. c [Subparagraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). #### Transactions ##### [720-15-15-2](https://asc.understandingaccounting.org/asc/720/15/#720-15-15-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:05.683Z to 2026-09-10T01:07:05.683Z Record version: sha256:d67fc36f3e923a223cbdbdbe7692869c012ddd004e16262b7bb01b6af78d9be3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Subtopic applies to [start-up activities](https://asc.understandingaccounting.org/glossary/s/#start-up-activities "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."). The definition of start-up activities is based on the nature of the activities and not the time period in which they occur. Start-up activities include activities related to organizing a new entity (commonly referred to as organization costs). ##### [720-15-15-3](https://asc.understandingaccounting.org/asc/720/15/#720-15-15-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:05.683Z to 2026-09-10T01:07:05.683Z Record version: sha256:7156e9a6387f775f33be3af3a6febae9a8470c7ae5707a3d36fb7d2bdaa90e64 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Various terms are used to refer to start-up costs, such as preopening costs, preoperating costs, and organization costs. For purposes of this Subtopic, these costs are referred to as start-up costs. ##### [720-15-15-4](https://asc.understandingaccounting.org/asc/720/15/#720-15-15-4) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:05.683Z to 2026-09-10T01:07:05.683Z Record version: sha256:fbef4098474620580a3ba426819b445ecfc1ac23674626ee7b5a11cf3f760fec Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Certain costs that may be incurred in conjunction with start-up activities are outside the scope of this Subtopic. Such costs should be accounted for in accordance with other existing authoritative accounting literature. The guidance in this Subtopic does not apply to the following transactions and activities: 1. a Ongoing customer acquisition costs, such as policy acquisition costs (see Subtopic 944-30) 2. b Loan origination costs (see Subtopic 310-20) 3. c Activities related to routine, ongoing efforts to refine, enrich, or otherwise improve upon the qualities of an existing product, service, process, or facility 4. d Activities related to mergers or acquisitions 5. e Business process reengineering and information technology transformation costs addressed in Subtopic 720-45 6. f Costs of acquiring or constructing long-lived assets and getting them ready for their intended uses (however, the costs of using long-lived assets that are allocated to start-up activities \[for example, depreciation of computers\] are within the scope of this Subtopic) 7. g Costs of acquiring or producing inventory 8. h Costs of acquiring intangible assets (however, the costs of using intangible assets that are allocated to start-up activities \[for example, amortization of a purchased patent\] are within the scope of this Subtopic) 9. i Costs related to internally developed assets (for example, internal-use computer software costs) (however, the costs of using those assets that are allocated to start-up activities are within the scope of this Subtopic) 10. j Research and development costs that are within the scope of Section 730-10-15 11. k Regulatory costs that are within the scope of Section 980-10-15 12. l Costs of fundraising incurred by NFPs 13. m Costs of raising capital 14. n Costs of advertising 15. o Learning or start-up costs incurred in connection with existing [contracts](https://asc.understandingaccounting.org/glossary/c/#contract "An agreement between two or more parties that creates enforceable rights and obligations.") with [customers](https://asc.understandingaccounting.org/glossary/c/#customer "A party that has contracted with an entity to obtain goods or services that are an output of the entity's ordinary activities in exchange for consideration.") and in anticipation of follow-on or future contracts for the same goods or services (see Subtopic 340-40 on other assets and deferred costs). 16. p Costs incurred in connection with acquiring a contract with a customer (see Subtopic 340-40). ##### [720-15-15-5](https://asc.understandingaccounting.org/asc/720/15/#720-15-15-5) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:05.683Z to 2026-09-10T01:07:05.683Z Record version: sha256:11e6aedc5da0547102e177a99d45ba10af84e8213d114a2791c9fa356772860c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Section 720-15-55 provides Examples of costs that are within the scope and outside the scope of this Subtopic. Source downloaded (UTC): 2026-09-10T01:07:11.822Z to 2026-09-10T01:07:11.822Z Record version: sha256:0277c7c5491741b3a94a70cef3cc9312e0921dda3d08f3acbaf79e618e38abe9 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 720-15-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/720/15/#25-recognition) SEC content: no ##### [720-15-25-1](https://asc.understandingaccounting.org/asc/720/15/#720-15-25-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:11.822Z to 2026-09-10T01:07:11.822Z Record version: sha256:b55fc14bb28da79ce0110b0cced4f253774988b82816da6412d12e9c19218408 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Costs of [start-up activities](https://asc.understandingaccounting.org/glossary/s/#start-up-activities "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."), including organization costs, shall be expensed as incurred. Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:be194512c019dc97525d17e51d88b4fe5d8757123b2b4ff18b373e8531c7e68d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 720-15-55: 55 Implementation Guidance and Illustrations [Read section](https://asc.understandingaccounting.org/asc/720/15/#55-implementation-guidance-and-illustrations) SEC content: no #### Implementation Guidance ##### [720-15-55-1](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:398e22b071a1f623d824c27f42d5a85b77da1867c0fc841a3740abb1aa2b1856 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Accounting for certain costs incurred in conjunction with [start-up activities](https://asc.understandingaccounting.org/glossary/s/#start-up-activities "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.") are not covered by this Subtopic. An entity should not conclude that costs outside the scope of this Subtopic are to be capitalized. Such costs shall be capitalized if they qualify for capitalization under other generally accepted accounting principles (GAAP). #### Illustrations ##### [720-15-55-2](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:8ae7c846cb517f1e842abb5921c0ecd4fac0ad80b2b6c933caafbca13e4fdd23 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Example illustrates application of the guidance in Section 720-15-15. ##### [720-15-55-3](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-3) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:c5857cc900ee665a681bf78309af0edf95c33dabe13a38df857f9604a49b457a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A major U.S. beverage entity begins construction of a new plant in China. This represents the entity's initial entry into the Chinese market. As part of the overall strategy, the entity plans to introduce into China, on a locally produced basis, its major U.S. beverage brands. The following costs that might be incurred in conjunction with start-up activities are subject to the provisions of this Subtopic: 1. a Travel costs, employee salary-related costs, and consulting costs related to feasibility studies, accounting, legal, tax, and governmental affairs 2. b Training of local employees related to production, maintenance, computer systems, engineering, finance, and operations 3. c Recruiting, organization, and training related to establishing a distribution network 4. d Nonrecurring operating losses 5. e Depreciation, if any, of new computer data terminals and other communication devices. ##### [720-15-55-4](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-4) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:91d4c3cfb8064484eae225a423c150a078a6a345a5a07449558d3a79cb06efc1 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following costs that might be incurred in conjunction with start-up activities are outside the scope of this Subtopic: 1. a Costs of long-lived asset additions, such as the new plant, production equipment, and packaging lines 2. b Internal-use computer software systems development costs 3. c Costs that are capitalizable as inventory 4. d Deferred financing costs. ##### [720-15-55-5](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-5) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:1ad264068c75516b043bbde9f1c80dbb445232c4bb6f12cfd17801180e36e70a Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Example illustrates application of the guidance in Section 720-15-15. ##### [720-15-55-6](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-6) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:f924f7976a4137bf95e61217ec099839ed77490761262d410c578c400b221180 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A retail chain is constructing and opening two new stores. One will open in a territory in which the entity already has three stores operating. The other will open in a territory new to the entity. (Costs related to both openings are treated the same for purposes of this Subtopic.) All of the stores provide the same products and services. The following costs that might be incurred in conjunction with start-up activities are subject to the provisions of this Subtopic: 1. a Salary-related expenses for new employees 2. b Salary-related expenses for the management store opening team 3. c Training costs and meals for newly hired employees 4. d Hotel charges, meals, and transportation for the opening team 5. e Security, property taxes, insurance, and utilities costs incurred after construction is completed 6. f Depreciation, if any, of new computer data terminals and other communication devices 7. g Nonrecurring operating losses. ##### [720-15-55-7](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-7) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:312cefbe4f3b86166915c0b74d5cfa10b791a85ff66d5f5dc8df5cc1c393ab60 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following costs that might be incurred in conjunction with start-up activities are outside the scope of this Subtopic: 1. a Store advertising costs 2. b Coupon giveaways within the scope of Topic 606 on [revenue](https://asc.understandingaccounting.org/glossary/r/#revenue "Inflows or other enhancements of assets of an entity or settlements of its liabilities (or a combination of both) from delivering or producing goods, rendering services, or other activities that constitute the entity's ongoing major or central operations.") from [contracts](https://asc.understandingaccounting.org/glossary/c/#contract "An agreement between two or more parties that creates enforceable rights and obligations.") with [customers](https://asc.understandingaccounting.org/glossary/c/#customer "A party that has contracted with an entity to obtain goods or services that are an output of the entity's ordinary activities in exchange for consideration.") (see paragraphs [606-10-32-25 through 32-27](https://asc.understandingaccounting.org/asc/606/10/#606-10-32-25) for guidance on consideration payable to a customer) 3. c Costs of uniforms 4. d Costs of furniture and cash registers 5. e Costs to obtain licenses, if any 6. f Security, property taxes, insurance, and utilities costs related to construction activities 7. g Deferred financing costs (see Subtopic 835-30). ##### [720-15-55-8](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-8) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:e9521e1cf93371bede704a0133adbdea5b73a5d096ff597f4a6287e4f83f6284 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. This Example illustrates application of the guidance in Section 720-15-15. ##### [720-15-55-9](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-9) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:ad2dbb9b2c2c9c1ca3d3f7cda971d959a1c1df3933f4cc435f8c052dc8f0c4c4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. A not-for-profit entity (NFP) that provides meals to the homeless is opening a shelter to house the homeless. The entity will rent the facility. This will be its first shelter and it will conduct a fundraising campaign to raise money to start up the shelter. The entity will lease space for the shelter and will incur capital expenditures for leasehold improvements and furniture. The entity expects that it will require three months to set up the space for the shelter. The entity will hire a security firm to secure the premises during the three-month period in which the shelter is built. The following costs that might be incurred in conjunction with start-up activities are subject to the provisions of this Subtopic: 1. a Employee salary-related costs related to needs and feasibility studies 2. b Staff recruiting and training 3. c Rent, security, insurance, and utilities 4. d Consultant fees for developing policies and procedures for operating the shelter 5. e Amortization and depreciation, if any, of leasehold improvements and furniture 6. f Costs of social workers. ##### [720-15-55-10](https://asc.understandingaccounting.org/asc/720/15/#720-15-55-10) Pending content: no Source downloaded (UTC): 2026-09-10T01:07:15.369Z to 2026-09-10T01:07:15.369Z Record version: sha256:1e1e195c894762cce983072b16722b004526301cc1e25bb5b61b6fd96de1e175 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following costs that might be incurred in conjunction with start-up activities are outside the scope of this Subtopic (see Subtopic 958-720): 1. a Costs of fund-raising 2. b Costs of leasehold improvements and furniture 3. c Architect fees for the leasehold improvements 4. d Advertising costs to publicize the shelter.