{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/720/940/#25-recognition","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":"720-940","subtopic_title":"Financial Services—Brokers and Dealers","section":{"number":"25","label":"25 Recognition","anchor":"25-recognition","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"720-940-25-1","para":"25-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_F01F8F52-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">With respect to <a href=\"/glossary/b/#12b-1\" class=\"term\" title=\"Rule 12b-1 in Chapter 17 of the Code of Federal Regulations is one of the regulations implementing the Investment Company Act of 1940.\"><span>12b-1</span></a> fees and deferred sales charges, see the cost guidance in Subtopic <a altsource=\"GUID-6566EDFC-A4F9-4B76-9A40-58C0DE2EB817.ditamap\" class=\"ditamap\">946-720</a>. </span></span></div></div>","snippet":"With respect to 12b-1 fees and deferred sales charges, see the cost guidance in Subtopic 946-720.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a9ded22031864efcd22bff20920094a0150eafc2a968b10ca16e0c2cdaf29fb6","downloaded_from":"2026-09-10T01:11:02.039Z","last_downloaded_at":"2026-09-10T01:11:02.039Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478902","source_sha256":"7546c4803350833b7aa73828a15630311afe172fc07399116da468a924d80bb4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3377a3e14fd78f0bfe100362a5592032bca9602fc2047b7235f3346f5f518f72","downloaded_from":"2026-09-10T01:11:02.039Z","last_downloaded_at":"2026-09-10T01:11:02.039Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478902","source_sha256":"7546c4803350833b7aa73828a15630311afe172fc07399116da468a924d80bb4"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a8d1f8c25c0914d5bcd0bd9e40b81ff8c8c184c2f1262b81ac7d74ff8b106311","downloaded_from":"2026-09-10T01:11:02.039Z","last_downloaded_at":"2026-09-10T01:11:02.039Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478902","source_sha256":"7546c4803350833b7aa73828a15630311afe172fc07399116da468a924d80bb4"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a8d1f8c25c0914d5bcd0bd9e40b81ff8c8c184c2f1262b81ac7d74ff8b106311","downloaded_from":"2026-09-10T01:11:02.039Z","last_downloaded_at":"2026-09-10T01:11:02.039Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478902","source_sha256":"7546c4803350833b7aa73828a15630311afe172fc07399116da468a924d80bb4"}}