# ASC 835-10-05: Interest — Overall — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

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## ASC 835-10-05: 05 Overview and Background

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##### [835-10-05-1](https://asc.understandingaccounting.org/asc/835/10/#835-10-05-1)

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The Interest Topic contains the following Subtopics:

1.  a
    
    Overall
    
2.  b
    
    Capitalization of Interest
    
3.  c
    
    Imputation of Interest.

##### [835-10-05-2](https://asc.understandingaccounting.org/asc/835/10/#835-10-05-2)

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This Topic provides guidance for interest income or expense recognition in two instances. Subtopic 835-20 provides guidance for capitalization of interest costs in connection with an investment in an asset. Subtopic 835-30 provides guidance for situations in which imputation of interest is required.

##### [835-10-05-3](https://asc.understandingaccounting.org/asc/835/10/#835-10-05-3)

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The recognition of interest income and interest expense for specific transactions and specific instrument types is also addressed in various other Topics.