# ASC 815-30-15: Derivatives and Hedging — Cash Flow Hedges — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/815/30/#15-scope-and-scope-exceptions)

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## ASC 815-30-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/815/30/#15-scope-and-scope-exceptions)

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#### Overall Guidance

##### [815-30-15-1](https://asc.understandingaccounting.org/asc/815/30/#815-30-15-1)

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This Subtopic follows the same Scope and Scope Exceptions as outlined in Subtopic 815-20, see Section 815-20-15, with specific exceptions noted below.

#### Entities

##### [815-30-15-2](https://asc.understandingaccounting.org/asc/815/30/#815-30-15-2)

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The guidance in this Subtopic does not apply to the following entities:

1.  a
    
    Entities that do not report earnings. Those entities are not permitted to use [cash flow hedge](https://asc.understandingaccounting.org/glossary/c/#cash-flow-hedge "A hedge of the exposure to variability in the cash flows of a recognized asset or liability, or of a forecasted transaction, that is attributable to a particular risk.") accounting because they do not report earnings separately.

##### [815-30-15-3](https://asc.understandingaccounting.org/asc/815/30/#815-30-15-3)

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Consistent with the provisions of Topic 958, this Subtopic does not prescribe how a not-for-profit entity (NFP) should determine the components of an operating measure, if one is presented. For guidance on the application of this Subtopic by not-for-profit health care entities, see Subtopic 954-815.