# ASC 740-852-15: Income Taxes — Reorganizations — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/740/852/#15-scope-and-scope-exceptions)

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): 2026-09-10T01:19:21.134Z to 2026-09-10T01:19:21.134Z

Record version: sha256:78833dd2996ed628b96d2bacc8a3d08001765aef5f219448dd5e17912b474d1b

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 740-852-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/740/852/#15-scope-and-scope-exceptions)

SEC content: no

#### Overall Guidance

##### [740-852-15-1](https://asc.understandingaccounting.org/asc/740/852/#740-852-15-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:19:21.134Z to 2026-09-10T01:19:21.134Z

Record version: sha256:165acdcf95825b94b4810368451303b6d4bd2a40ee7aaa8099e3229cc3cd5d15

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The guidance in this Subtopic on fresh-start reporting in a [Chapter 11](https://asc.understandingaccounting.org/glossary/c/#chapter-11 "A reorganization action, either voluntarily or involuntarily initiated under the provisions of the Bankruptcy Code, that provides for a reorganization of the debt and equity structure of the business and allows the business to continue operations. A debtor may also file a plan of liquidation under Chapter 11.") reorganization follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 852-10-15, except that an entity must also meet the paragraph [852-10-45-19](https://asc.understandingaccounting.org/asc/852/10/#852-10-45-19) requirements for fresh-start reporting.

##### [740-852-15-2](https://asc.understandingaccounting.org/asc/740/852/#740-852-15-2)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:19:21.134Z to 2026-09-10T01:19:21.134Z

Record version: sha256:f86c26e8a4ab3861fdc01d21573b28233c5792014c7667b42a328f59c1528431

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The guidance in this Subtopic on quasi-reorganizations follows the same Scope and Scope Exceptions as outlined in Subtopic 852-20, see Section 852-20-15.