{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/720/25/#15-scope-and-scope-exceptions","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":"720-25","subtopic_title":"Contributions Made","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Entities","paragraphs":[{"citation":"720-25-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The guidance in this Subtopic applies to all entities. <span class=\"sfragment\" id=\"sfr_03C183D3-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Not-for-profit entities (NFP) should see Subtopic <a altsource=\"GUID-73859800-7B42-45D6-BEC5-F059E1219E9C.ditamap\" class=\"ditamap\">958-720</a> on other expenses for additional guidance on contributions made.</span></span></div></div>","snippet":"The guidance in this Subtopic applies to all entities. Not-for-profit entities (NFP) should see Subtopic 958-720 on other expenses for additional guidance on contributions made.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:332916c3756f86199cce5e1b886bfcda0aabc9eb70adb191ae8602d075714811","downloaded_from":"2026-09-10T01:07:53.263Z","last_downloaded_at":"2026-09-10T01:07:53.263Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483335","source_sha256":"d59531a45e3386d5be7afbcfba0dd70ca7f076f60d6f5c9a5590359fcf7a8e93"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:89cb0811f8f7fe67d99e068f9d5a07e5a04720905943536522edd5272e21087e","downloaded_from":"2026-09-10T01:07:53.263Z","last_downloaded_at":"2026-09-10T01:07:53.263Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483335","source_sha256":"d59531a45e3386d5be7afbcfba0dd70ca7f076f60d6f5c9a5590359fcf7a8e93"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"720-25-15-2","para":"15-2","html":"<div class=\"asc-body\"><div class=\"norm-text\">The guidance in this Subtopic <span class=\"sfragment\" id=\"sfr_03C1854C-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">applies to <a href=\"/glossary/c/#contribution\" class=\"term\" title=\"An unconditional transfer of cash or other assets, as well as unconditional promises to give, to an entity or a reduction, settlement, or cancellation of its liabilities in a voluntary nonreciprocal transfer by another entity acting other than as an owner. Those characteristics distinguish contributions from:Exchange transactions, which are reciprocal transfers in which each party receives and sacrifices approximately commensurate valueInvestments by owners and distributions to owners, which are nonreciprocal transfers between an entity and its ownersOther nonreciprocal transfers, such as impositions of taxes or legal judgments, fines, and thefts, which are not voluntary transfers. In a contribution transaction, the resource provider often receives value indirectly by providing a societal benefit although that benefit is not considered to be of commensurate value. In an exchange transaction, the potential public benefits are secondary to the potential direct benefits to the resource provider. The term contribution revenue is used to apply to transactions that are part of the entity's ongoing major or central activities (revenues), or are peripheral or incidental to the entity (gains). See also Inherent Contribution and Conditional Contribution.\"><span>contributions</span></a> of cash and other assets, including <a href=\"/glossary/p/#promise-to-give\" class=\"term\" title=\"A written or oral agreement to contribute cash or other assets to another entity. A promise carries rights and obligations—the recipient of a promise to give has a right to expect that the promised assets will be transferred in the future, and the maker has a social and moral obligation, and generally a legal obligation, to make the promised transfer. A promise to give may be either conditional or unconditional.\"><span>promises to give</span></a> </span></span><span class=\"sfragment\" id=\"sfr_03C1865A-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">made by resource providers. </span></span>For all entities that receive contributions, see the contributions received guidance in paragraphs <a href=\"/asc/605/958/#605-958-15-3\" class=\"xref\">958-605-15-3 through 15-5A</a>.</div></div>","snippet":"The guidance in this Subtopic applies to contributions of cash and other assets, including promises to give made by resource providers. For all entities that receive contributions, see the contributions received guidance…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:38ac0d20ba99a59fb3d50147aef2c0242dd64054d7b227aa9768d37823263dea","downloaded_from":"2026-09-10T01:07:53.263Z","last_downloaded_at":"2026-09-10T01:07:53.263Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483335","source_sha256":"d59531a45e3386d5be7afbcfba0dd70ca7f076f60d6f5c9a5590359fcf7a8e93"}},{"citation":"720-25-15-3","para":"15-3","html":"<div class=\"asc-body\"><div class=\"norm-text\">The guidance in this Subtopic does not apply to the transactions and <span class=\"sfragment\" id=\"sfr_03C1876A-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">activities specified in paragraph <a href=\"/asc/605/958/#605-958-15-6\" class=\"xref\">958-605-15-6</a>, which is in the Contributions Received Subsection of that Subtopic.</span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><a href=\"/updates/asu-2018-08/\" class=\"xref\">Subparagraph superseded by Accounting Standards Update No. 2018-08</a>.</div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><a href=\"/updates/asu-2018-08/\" class=\"xref\">Subparagraph superseded by Accounting Standards Update No. 2018-08</a>.</div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\"><a href=\"/updates/asu-2018-08/\" class=\"xref\">Subparagraph superseded by Accounting Standards Update No. 2018-08</a>.</div></li><li class=\"li-norm\"><span class=\"linum\">d</span><div class=\"p\"><a href=\"/updates/asu-2018-08/\" class=\"xref\">Subparagraph superseded by Accounting Standards Update No. 2018-08</a>.</div></li></ol></div></div>","snippet":"The guidance in this Subtopic does not apply to the transactions and activities specified in paragraph 958-605-15-6, which is in the Contributions Received Subsection of that Subtopic.\n(a) Subparagraph superseded by Acco…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:ddc2a12ca31258e4d38b01becdc69ca377d983e8c4d8d6c52a72af8fc1bc0c3f","downloaded_from":"2026-09-10T01:07:53.263Z","last_downloaded_at":"2026-09-10T01:07:53.263Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483335","source_sha256":"d59531a45e3386d5be7afbcfba0dd70ca7f076f60d6f5c9a5590359fcf7a8e93"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:77c691d421c58d0f29aaa30dda62569b456673f09876b8ec3216b36f6a3da0ea","downloaded_from":"2026-09-10T01:07:53.263Z","last_downloaded_at":"2026-09-10T01:07:53.263Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483335","source_sha256":"d59531a45e3386d5be7afbcfba0dd70ca7f076f60d6f5c9a5590359fcf7a8e93"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9329aff1304a0d3d8ccc77a4fbdcfa7d869498145f214786d6687748190ceced","downloaded_from":"2026-09-10T01:07:53.263Z","last_downloaded_at":"2026-09-10T01:07:53.263Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483335","source_sha256":"d59531a45e3386d5be7afbcfba0dd70ca7f076f60d6f5c9a5590359fcf7a8e93"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9329aff1304a0d3d8ccc77a4fbdcfa7d869498145f214786d6687748190ceced","downloaded_from":"2026-09-10T01:07:53.263Z","last_downloaded_at":"2026-09-10T01:07:53.263Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483335","source_sha256":"d59531a45e3386d5be7afbcfba0dd70ca7f076f60d6f5c9a5590359fcf7a8e93"}}