# ASC 832-10-15: Government Assistance — Overall — 15 Scope and Scope Exceptions Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/832/10/#15-scope-and-scope-exceptions) 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): 2026-09-10T01:48:16.524Z to 2026-09-10T01:48:16.524Z Record version: sha256:fae204553d502e036a44f4b06806f53352100dc563c3ee59a2c39836b17aab06 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 832-10-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/832/10/#15-scope-and-scope-exceptions) SEC content: no #### Overall Guidance ##### [832-10-15-1](https://asc.understandingaccounting.org/asc/832/10/#832-10-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T01:48:16.524Z to 2026-09-10T01:48:16.524Z Record version: sha256:c020c550e046b1f4f3ba2bac5926b760d2297630dfcd3653533daf83efe6396d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The Scope Section of the Overall Subtopic establishes the scope for this Topic. #### Entities ##### [832-10-15-2](https://asc.understandingaccounting.org/asc/832/10/#832-10-15-2) Pending content: no Source downloaded (UTC): 2026-09-10T01:48:16.524Z to 2026-09-10T01:48:16.524Z Record version: sha256:4c8a1ee219dd84527138ffe9b46fd59a9fd7bfc3f58b5d203b1602ce3623b63b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Topic applies to all entities except [not-for-profit entities](https://asc.understandingaccounting.org/glossary/n/#not-for-profit-entity "An entity that possesses the following characteristics, in varying degrees, that distinguish it from a business entity: Contributions of significant amounts of resources from resource providers who do not expect commensurate or proportionate pecuniary return Operating purposes other than to provide goods or services at a profit Absence of ownership interests like those of business entities. Entities that clearly fall outside this definition include the following: All investor-owned entities Entities that provide dividends, lower costs, or other economic benefits directly and proportionately to their owners, members, or participants, such as mutual insurance entities, credit unions, farm and rural electric cooperatives, and employee benefit plans.") and employee benefit plans within the scope of Topics 960, 962, and 965 on plan accounting. #### Transactions ##### [832-10-15-3](https://asc.understandingaccounting.org/asc/832/10/#832-10-15-3) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:16.524Z to 2026-09-10T01:48:16.524Z Record version: sha256:d428796c91c189743b55ba422dc13b103a208b055d954a045e85484fd733851b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. If an entity determines that the accounting for a transaction with a government is not specified within the scope of authoritative generally accepted accounting principles (GAAP), paragraph [105-10-05-2](https://asc.understandingaccounting.org/asc/105/10/#105-10-05-2) requires that the entity first consider accounting principles for similar transactions or events within an authoritative source of GAAP for that entity and then consider nonauthoritative guidance from other sources. Transition date:(P) December 16, 2028; (N) December 16, 2029Transition guidance: [832-10-65-2](https://asc.understandingaccounting.org/asc/832/10/#832-10-65-2)[Paragraph superseded by Accounting Standards Update No. 2025-10.](https://asc.understandingaccounting.org/updates/asu-2025-10/) ##### [832-10-15-3A](https://asc.understandingaccounting.org/asc/832/10/#832-10-15-3A) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:16.524Z to 2026-09-10T01:48:16.524Z Record version: sha256:318ef8386ea1c1b3be26daa46d72c7da8499484e0c6d31943a270b6f6c4cd987 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Transition date:(P) December 16, 2028; (N) December 16, 2029Transition guidance: [832-10-65-2](https://asc.understandingaccounting.org/asc/832/10/#832-10-65-2)The guidance in this Topic applies to all [government grants](https://asc.understandingaccounting.org/glossary/g/#government-grant "(P) December 16, 2028; (N) December 16, 2029832-10-65-2A transfer of a monetary asset or a tangible nonmonetary asset, other than in an exchange transaction (including an exchange transaction that may be at a significant discount to fair value), from a government to an entity except for a not-for-profit entity and an employee benefit plan within the scope of Topics 960, 962, and 965 on plan accounting.") received by entities within the scope of this Topic. ##### [832-10-15-4](https://asc.understandingaccounting.org/asc/832/10/#832-10-15-4) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:16.524Z to 2026-09-10T01:48:16.524Z Record version: sha256:f391e7f4afe89e99fa3ce16957ffa186093c4362394047d2eca70795be1a3b7e Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The guidance in this Topic applies to entities that have accounted for transactions with a government by analogizing to a grant or contribution accounting model (for example, a grant model within IFRS Standards or a contribution model within Subtopic 958-605 on not-for-profit entities—revenue recognition). Transition date:(P) December 16, 2028; (N) December 16, 2029Transition guidance: [832-10-65-2](https://asc.understandingaccounting.org/asc/832/10/#832-10-65-2)[Paragraph superseded by Accounting Standards Update No. 2025-10.](https://asc.understandingaccounting.org/updates/asu-2025-10/) ##### [832-10-15-4A](https://asc.understandingaccounting.org/asc/832/10/#832-10-15-4A) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:16.524Z to 2026-09-10T01:48:16.524Z Record version: sha256:33052fad011eb80400dfe373b9ffd0cfa8cf6d9e1b0d87d1ba33b5c9421df571 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Transition date:(P) December 16, 2028; (N) December 16, 2029Transition guidance: [832-10-65-2](https://asc.understandingaccounting.org/asc/832/10/#832-10-65-2)The guidance in this Topic does not apply to the following: 1. a Transactions within the scope of Topic 740 on income taxes (for example, nonrefundable, nontransferable income tax credits) 2. b The benefit of below-market interest rate loans 3. c Government guarantees. Transition date:(P) December 16, 2027; (N) December 16, 2028Transition guidance: [818-10-65-1](https://asc.understandingaccounting.org/asc/818/10/#818-10-65-1)The guidance in this Topic does not apply to the following: 1. a Transactions within the scope of Topic 740 on income taxes (for example, nonrefundable, nontransferable income tax credits) 2. b The benefit of below-market interest rate loans 3. c Government guarantees 4. d [Environmental credits](https://asc.understandingaccounting.org/glossary/e/#environmental-credit "(P) December 16, 2027; (N) December 16, 2028818-10-65-1An enforceable right that is acquired, internally generated, granted by a regulatory agency or its designee(s), or received in a nonreciprocal transfer that is not a grant from a regulator or its designee(s) that meets all of the following criteria:Lacks physical substance and is not a financial asset.Is represented to prevent, control, reduce, or remove emissions or other pollution.Is, or previously was, separately transferable in an exchange transaction. If an item is no longer separately transferable in an exchange transaction, an entity must be able to use that item to satisfy an environmental credit obligation to meet this criterion.Is not an income tax credit that may be used to settle an entity’s income tax liability, regardless of whether the entity has a tax liability or intends to use the credit for that purpose.An environmental credit that meets the above criteria may exist in a variety of forms, including (but not limited to) credits, certificates, allowances, and offsets.") within the scope of Subtopic 818-20. ##### [832-10-15-5](https://asc.understandingaccounting.org/asc/832/10/#832-10-15-5) Pending content: yes Source downloaded (UTC): 2026-09-10T01:48:16.524Z to 2026-09-10T01:48:16.524Z Record version: sha256:5b8403e5d3d01afa75558f4b6128207c614df1aea38e58a75897ab209cde9168 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. Transactions with a government, as used in this Topic, include assistance that is administered by domestic, foreign, local (for example, city, town, county, and municipal), regional (for example, state, provincial, and territorial), and national (federal) governments and entities related to those governments. Examples of entities related to governments include departments, independent agencies, boards, commissions, and component units. Government assistance also can be administered by intergovernmental organizations and other types of organizations such as nongovernmental organizations or government-sponsored enterprises that have authority from a government to administer assistance on its behalf. Transition date:(P) December 16, 2028; (N) December 16, 2029Transition guidance: [832-10-65-2](https://asc.understandingaccounting.org/asc/832/10/#832-10-65-2)A government grant, as used in this Topic, includes grants that are administered by domestic, foreign, local (for example, city, town, county, and municipal), regional (for example, state, provincial, and territorial), and national (federal) governments and entities related to those governments. Examples of entities related to governments include departments, independent agencies, boards, commissions, and component units. A government grant also can be administered by intergovernmental organizations and other types of organizations such as nongovernmental organizations or government-sponsored enterprises that have authority from a government to administer grants on its behalf.