{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/808/10/#10-objectives","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":"808","topic_title":"Collaborative Arrangements","subtopic":"808-10","subtopic_title":"Overall","section":{"number":"10","label":"10 Objectives","anchor":"10-objectives","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"808-10-10-1","para":"10-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_809381FF-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The objective of this Topic is to define <a href=\"/glossary/c/#collaborative-arrangement\" class=\"term\" title=\"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).\"><span>collaborative arrangements</span></a> and to establish reporting requirements for transactions between participants in a collaborative arrangement and between participants in the arrangement and third parties.</span></span></div></div>","snippet":"The objective of this Topic is to define collaborative arrangements and to establish reporting requirements for transactions between participants in a collaborative arrangement and between participants in the arrangement…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6948119a20019a36dcdd0a2102cfee9b7d947a01860f8675424b11d9f472c40a","downloaded_from":"2026-09-10T01:28:20.279Z","last_downloaded_at":"2026-09-10T01:28:20.279Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479494","source_sha256":"6e0172cf6e982cbf313f2c1c70d82c91cf4bff585031f3f7a5b57bda1e6ff610"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9603fb93d1a0153c23c2ec4bc891daf9e3629e7c9feb19f299d65c320feffed8","downloaded_from":"2026-09-10T01:28:20.279Z","last_downloaded_at":"2026-09-10T01:28:20.279Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479494","source_sha256":"6e0172cf6e982cbf313f2c1c70d82c91cf4bff585031f3f7a5b57bda1e6ff610"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8f287c05b190a435318b38d7f42183605363f596460d77b247d49466fa15ca36","downloaded_from":"2026-09-10T01:28:20.279Z","last_downloaded_at":"2026-09-10T01:28:20.279Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479494","source_sha256":"6e0172cf6e982cbf313f2c1c70d82c91cf4bff585031f3f7a5b57bda1e6ff610"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8f287c05b190a435318b38d7f42183605363f596460d77b247d49466fa15ca36","downloaded_from":"2026-09-10T01:28:20.279Z","last_downloaded_at":"2026-09-10T01:28:20.279Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479494","source_sha256":"6e0172cf6e982cbf313f2c1c70d82c91cf4bff585031f3f7a5b57bda1e6ff610"}}