# ASC 730-20-S55: Research and Development — Research and Development Arrangements — SEC 55 Implementation Guidance and Illustrations

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/730/20/#sec-55-implementation-guidance-and-illustrations)

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## ASC 730-20-S55: SEC 55 Implementation Guidance and Illustrations

[Read section](https://asc.understandingaccounting.org/asc/730/20/#sec-55-implementation-guidance-and-illustrations)

SEC content: yes

#### Obligation Is a Liability to Repay the Other Parties

##### [730-20-S55-1](https://asc.understandingaccounting.org/asc/730/20/#730-20-S55-1)

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See paragraph [730-20-S99-1](https://asc.understandingaccounting.org/asc/730/20/#730-20-S99-1), SAB Topic 5.O, for SEC Staff views on determining whether an entity is able to repay funds provided by other parties in a research and development arrangement.