# ASC 808-10-05: Collaborative Arrangements — Overall — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/808/10/#05-overview-and-background)

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): 2026-09-10T01:28:16.735Z to 2026-09-10T01:28:16.735Z

Record version: sha256:8c7e32da4c65c3b73dcf69e3448e9dcb54b23471c5d6b04550726cad7046f051

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 808-10-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/808/10/#05-overview-and-background)

SEC content: no

##### [808-10-05-1](https://asc.understandingaccounting.org/asc/808/10/#808-10-05-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T01:28:16.735Z to 2026-09-10T01:28:16.735Z

Record version: sha256:5521ef4c98237cd0a82ebc944d518ba69dd11b9ef0331acbd00fb70298281513

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


The Collaborative Arrangements Topic provides guidance for income statement presentation, classification, and disclosures related to [collaborative arrangements](https://asc.understandingaccounting.org/glossary/c/#collaborative-arrangement "A contractual arrangement that involves a joint operating activity (see paragraph 808-10-15-7). These arrangements involve two (or more) parties that meet both of the following requirements: They are active participants in the activity (see paragraphs 808-10-15-8808-10-15-9). They are exposed to significant risks and rewards dependent on the commercial success of the activity (see paragraphs 808-10-15-10808-10-15-11808-10-15-12808-10-15-13).").