{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/825/20/#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":"825","topic_title":"Financial Instruments","subtopic":"825-20","subtopic_title":"Registration Payment Arrangements","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":"825-20-15-1","para":"15-1","html":"
The guidance in this Subtopic applies to all entities that issue a registration payment arrangement.
","snippet":"The guidance in this Subtopic applies to all entities that issue a registration payment arrangement.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c53f4e397a2998dcedb21c8f08dc403f1b995639a015a97e16b0f86f9771fd3a","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:749809e7ed5196c8aebf2c8f08fc873bcc53e9e0e8e685074d6a4254e17a60cc","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"825-20-15-2","para":"15-2","html":"
The guidance in this Subtopic applies to the following transactions and activities:
  1. a
    A registration payment arrangement regardless of whether it is issued as a separate agreement or included as a provision of a financial instrument or other agreement. An arrangement that requires the issuer to obtain and/or maintain a listing on a stock exchange, instead of, or in addition to, obtaining and/or maintaining an effective registration statement, is within the scope of this Subtopic if the remaining characteristics of the definition of the term registration payment arrangement are met.
","snippet":"The guidance in this Subtopic applies to the following transactions and activities:\n(a) A registration payment arrangement regardless of whether it is issued as a separate agreement or included as a provision of a financ…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c091335348ab33e0f3d8a26688aea0222f50522f3a3f6a8d656b805e17c7b55a","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}},{"citation":"825-20-15-3","para":"15-3","html":"
Paragraph superseded by Accounting Standards Update No. 2016-19.
","snippet":"Paragraph superseded by Accounting Standards Update No. 2016-19.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c107857f87cec9fcd445099241144635ff07b8da88c28117453865b3cb359af1","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}},{"citation":"825-20-15-4","para":"15-4","html":"
The guidance in this Subtopic does not apply to any of the following:
  1. a
    Arrangements that require registration or listing of convertible debt instruments or convertible preferred stock if the form of consideration that would be transferred to the counterparty is an adjustment to the conversion ratio. See Subtopic 470-20 on debt with conversion and other options or Subtopic 505-10 on equity for related guidance.
  2. b
    Arrangements in which the amount of consideration transferred is determined by reference to either of the following:
    1. 1
      An observable market other than the market for the issuer's stock
    2. 2
      An observable index.
    For example, if the consideration to be transferred if the issuer is unable to obtain an effective registration statement is determined by reference to the price of a commodity. See Subtopic 815-15 for related guidance.
  3. c
    Arrangements in which the financial instrument or instruments subject to the arrangement are settled when the consideration is transferred (for example, a warrant that is contingently puttable if an effective registration statement for the resale of the equity shares that are issuable upon exercise of the warrant is not declared effective by the SEC within a specified grace period).
","snippet":"The guidance in this Subtopic does not apply to any of the following:\n(a) Arrangements that require registration or listing of convertible debt instruments or convertible preferred stock if the form of consideration that…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:bb03f0519b9590ec3b2f2fae104426fa3848000ac3dc4f38d9a65ba228466e34","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}},{"citation":"825-20-15-5","para":"15-5","html":"
The guidance in this Subtopic shall not be applied by analogy to the accounting for contracts that are not registration payment arrangements meeting the criteria in paragraphs
825-20-15-2 through 15-3
. For example, a building contract that includes a provision requiring the contractor to obtain a certificate of occupancy by a certain date or pay a penalty every month until the certificate of occupancy is obtained is not addressed by this Subtopic.
","snippet":"The guidance in this Subtopic shall not be applied by analogy to the accounting for contracts that are not registration payment arrangements meeting the criteria in paragraphs 825-20-15-2 through 15-3. For example, a bui…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eb2379bb09d9dcb46da8c62f0dbecf55886f8709fe659abe1ceb2fee054059bc","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:449c58d86a8d7ee085b1a2fb53380384207bfda55a92c0aa78f5cff822848370","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:23fef164d6f7fdec0d971c0d61f27e8e0b7e5afa93354474fae10285b6ab01ec","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:23fef164d6f7fdec0d971c0d61f27e8e0b7e5afa93354474fae10285b6ab01ec","downloaded_from":"2026-09-10T01:44:52.569Z","last_downloaded_at":"2026-09-10T01:44:52.569Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482735","source_sha256":"7efd52dce2ef6d8f19f1bacc5978b549a4f68e0456ff04951b3a520d394444f3"}}