{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/805/958/#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":"805","topic_title":"Business Combinations","subtopic":"805-958","subtopic_title":"Not-for-Profit Entities","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Overall Guidance","paragraphs":[{"citation":"805-958-15-1","para":"15-1","html":"
This Subtopic follows the same scope and scope exceptions as the Overall Subtopic, see Section 958-10-15.
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The General Subsection of this Section establishes the pervasive scope for this Subtopic.
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The guidance in this Subtopic applies to a transaction or other event that meets the definition of either of the following:
  1. a
    A merger of not-for-profit entities
  2. b
    An acquisition by a not-for-profit entity.
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This Subtopic does not apply to all of the following:
  1. a
    The formation of a joint venture
  2. b
    The acquisition of an asset or a group of assets that does not constitute either a business or a nonprofit activity. (Subtopic 805-50 addresses the typical accounting for an asset acquisition.)
  3. c
    A combination between not-for-profit entities (NFPs), businesses, or nonprofit activities under common control. (Subtopic 805-50 addresses the typical accounting for a transfer of assets or an exchange of shares between entities under common control.)
  4. d
    A transaction or other event in which an NFP obtains control of another not-for-profit entity but does not consolidate that entity, as permitted or required by Section 958-810-25. Similarly, this Subtopic does not apply if an NFP that obtained control in a transaction or other event in which consolidation was permitted but not required decides in a subsequent annual reporting period to begin consolidating a controlled entity that it initially chose not to consolidate.
","snippet":"This Subtopic does not apply to all of the following:\n(a) The formation of a joint venture\n(b) The acquisition of an asset or a group of assets that does not constitute either a business or a nonprofit activity. (Subtopi…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:0aea51c48d55ca7f39b089358d467518c6cc90939f9768f71fcdbe02be9e45fe","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:cd9b609a5afd16aeb2f84db7166f461ec09702e9a56ee89a08d98e4a47aebe79","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}},{"block":"Merger of Not-for-Profit Entities","heading":"Overall Guidance","paragraphs":[{"citation":"805-958-15-5","para":"15-5","html":"
The Merger of Not-for-Profit Entities Subsections follow the same Scope and Scope Exceptions as the General Subsections of this Subtopic, see Section 958-805-15, with specific exceptions noted below.
","snippet":"The Merger of Not-for-Profit Entities Subsections follow the same Scope and Scope Exceptions as the General Subsections of this Subtopic, see Section 958-805-15, with specific exceptions noted below.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2a5b78a7a764cb5a61a595e63832590db9a101c56e3489c17920537c7ff98ac6","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bbca7ea08758ef146840ea8c3fcd9f50e88107b67a5786748e81e170534099ce","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}},{"block":"Merger of Not-for-Profit Entities","heading":"Transactions","paragraphs":[{"citation":"805-958-15-6","para":"15-6","html":"
The guidance in the Merger of Not-for-Profit Entities Subsections applies only to transactions or other events that meet the definition of a merger of not-for-profit entities.
","snippet":"The guidance in the Merger of Not-for-Profit Entities Subsections applies only to transactions or other events that meet the definition of a merger of not-for-profit entities.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:85a48cc751d7b2aa15ec9dc2d6a433ed4541b810d06d3a3d07cf28f64d67570b","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:a011ee14bd6f333b656833f2e9013de2bef3274f99b9bb3ae48e7a50cc8a861e","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}},{"block":"Acquisition by a Not-for-Profit Entity","heading":"Overall Guidance","paragraphs":[{"citation":"805-958-15-7","para":"15-7","html":"
The Acquisition by a Not-for-Profit Entity Subsections follow the same Scope and Scope Exceptions as the General Subsections of this Subtopic, see Section 958-805-15, with specific exceptions noted below.
","snippet":"The Acquisition by a Not-for-Profit Entity Subsections follow the same Scope and Scope Exceptions as the General Subsections of this Subtopic, see Section 958-805-15, with specific exceptions noted below.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b6233a75fb59997b8be3bd631c38ade28ee5c49e67e19532826b657f774458d6","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bb307cf8533e2a50d33c6da3f59892c02d42170603781064d55bb3743bb19b45","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}},{"block":"Acquisition by a Not-for-Profit Entity","heading":"Transactions","paragraphs":[{"citation":"805-958-15-8","para":"15-8","html":"
The guidance in the Acquisition by a Not-for-Profit Entity Subsections applies only to transactions or other events that meet the definition of an acquisition by a not-for-profit entity.
","snippet":"The guidance in the Acquisition by a Not-for-Profit Entity Subsections applies only to transactions or other events that meet the definition of an acquisition by a not-for-profit entity.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6073ac331f6babfe9cf666e2ad0c45d57555744d964050d882af7116056d6556","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:28d36b0abdcebb49fdf5242701e5ccb520c50e597dbf09a83c574dbeb498c121","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9fe9ccf1263b49e1cb50ed8165b0b39fe85b981d5e7af7fe1cdadd4b621726d","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b9fe9ccf1263b49e1cb50ed8165b0b39fe85b981d5e7af7fe1cdadd4b621726d","downloaded_from":"2026-09-10T01:27:48.912Z","last_downloaded_at":"2026-09-10T01:27:48.912Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147478633","source_sha256":"082d0dddcc0e24f015eeea5a82ebd0c2e77b11b1d0a6f3862d52273992dff889"}}