{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/815/20/#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":"815","topic_title":"Derivatives and Hedging","subtopic":"815-20","subtopic_title":"Hedging—General","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Entities","paragraphs":[{"citation":"815-20-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The guidance in this Subtopic applies to all entities, <span class=\"sfragment\" id=\"sfr_A689078A-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">with the following exceptions: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_A68908CA-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Entities that do not report earnings separately are not permitted to use cash flow hedge accounting as described in this Subtopic or Subtopic <a altsource=\"GUID-99F4B63B-41F6-4541-88AB-46B7507B0075.ditamap\" class=\"ditamap\">815-30</a> on cash flow hedges. </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_A68909DB-6E92-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Entities that do not report earnings separately are not permitted to elect the amortization approach for amounts excluded from the assessment of effectiveness under fair value hedge accounting in accordance with paragraphs <a href=\"/asc/815/20/#815-20-25-83A\" class=\"xref\">815-20-25-83A</a> and <a href=\"/asc/815/25/#815-25-35-1\" class=\"xref\">815-25-35-1(a)</a>.</span></span></div></li></ol></div> </div>","snippet":"The guidance in this Subtopic applies to all entities, with the following exceptions:\n(a) Entities that do not report earnings separately are not permitted to use cash flow hedge accounting as described in this Subtopic …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:030d1d91541cf021b6a1bcf99e0d2198a9a5baad4a2ea9e4c8389183a369b074","downloaded_from":"2026-09-10T01:36:41.696Z","last_downloaded_at":"2026-09-10T01:36:41.696Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480748","source_sha256":"f5939a65d1aa340089291364853a18a5a0c3252a5d74eb68207a856185c1612c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:407c2154b7b6f4bce21d07ec6b123d6bd00b69d4d5d3941cf6da255bf1c0c6b6","downloaded_from":"2026-09-10T01:36:41.696Z","last_downloaded_at":"2026-09-10T01:36:41.696Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480748","source_sha256":"f5939a65d1aa340089291364853a18a5a0c3252a5d74eb68207a856185c1612c"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e6a00077200777a5e136e4fc4a44cd9d382f13838c9cfdb081d9b8df0a51f20f","downloaded_from":"2026-09-10T01:36:41.696Z","last_downloaded_at":"2026-09-10T01:36:41.696Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480748","source_sha256":"f5939a65d1aa340089291364853a18a5a0c3252a5d74eb68207a856185c1612c"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:e6a00077200777a5e136e4fc4a44cd9d382f13838c9cfdb081d9b8df0a51f20f","downloaded_from":"2026-09-10T01:36:41.696Z","last_downloaded_at":"2026-09-10T01:36:41.696Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147480748","source_sha256":"f5939a65d1aa340089291364853a18a5a0c3252a5d74eb68207a856185c1612c"}}