{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/730/10/#50-disclosure","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":"730","topic_title":"Research and Development","subtopic":"730-10","subtopic_title":"Overall","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"730-10-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_05F31753-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Disclosure shall be made in the financial statements of the total <a href=\"/glossary/r/#research-and-development\" class=\"term\" title=\"Research is planned search or critical investigation aimed at discovery of new knowledge with the hope that such knowledge will be useful in developing a new product or service (referred to as product) or a new process or technique (referred to as process) or in bringing about a significant improvement to an existing product or process. Development is the translation of research findings or other knowledge into a plan or design for a new product or process or for a significant improvement to an existing product or process whether intended for sale or use. It includes the conceptual formulation, design, and testing of product alternatives, construction of prototypes, and operation of pilot plants.\"><span>research and development</span></a> costs charged to expense in each period for which an income statement is presented. </span></span><span class=\"sfragment\" id=\"sfr_05F3187B-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Such disclosure shall include research and development costs incurred for a computer software product to be sold, leased, or otherwise marketed.</span></span></div></div>","snippet":"Disclosure shall be made in the financial statements of the total research and development costs charged to expense in each period for which an income statement is presented. Such disclosure shall include research and de…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6a3a80fd339d7e9fe618e020e9279b221e34ec23da6c01292520a625bbc2bbae","downloaded_from":"2026-09-10T01:14:45.691Z","last_downloaded_at":"2026-09-10T01:14:45.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482916","source_sha256":"3fe43052443fc5d620903260dd9972a031ba0d47a5c37e17a4199e14a699d5e9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:831b5188b9d5d94e9f5ea58cb7be8559759a4d566f9fadaff35d6f2324d7976d","downloaded_from":"2026-09-10T01:14:45.691Z","last_downloaded_at":"2026-09-10T01:14:45.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482916","source_sha256":"3fe43052443fc5d620903260dd9972a031ba0d47a5c37e17a4199e14a699d5e9"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fed9cdb4bc5d5bc2f52b44b151dbc2798c05cda8a8a0610352394e7989a6da67","downloaded_from":"2026-09-10T01:14:45.691Z","last_downloaded_at":"2026-09-10T01:14:45.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482916","source_sha256":"3fe43052443fc5d620903260dd9972a031ba0d47a5c37e17a4199e14a699d5e9"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:fed9cdb4bc5d5bc2f52b44b151dbc2798c05cda8a8a0610352394e7989a6da67","downloaded_from":"2026-09-10T01:14:45.691Z","last_downloaded_at":"2026-09-10T01:14:45.691Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482916","source_sha256":"3fe43052443fc5d620903260dd9972a031ba0d47a5c37e17a4199e14a699d5e9"}}