# ASC 845-920: Nonmonetary Transactions — Entertainment—Broadcasters Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/845/920/) 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): 2026-09-10T02:00:13.230Z to 2026-09-10T02:00:28.770Z Record version: sha256:5dd5562c1c0b1dfd6e1926fd40de3b0c61356b1e2f8c1bd712278b2373b04fe0 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 845-920: Nonmonetary Transactions — Entertainment—Broadcasters ### Machine-generated study aids ```json { "summary": "ASC 845-920 formerly provided nonmonetary-transaction guidance for broadcasters, principally barter transactions in which broadcasters exchanged advertising time for goods, services, or program material. Every substantive paragraph in the subtopic (Sections 05, 15, 25, and 30) was superseded by ASU 2014-09 (the revenue standard). As a result, the subtopic contains no remaining guidance, and barter/nonmonetary exchanges involving broadcasters are now analyzed under ASC 606 (with noncash consideration measured at fair value) and the general nonmonetary guidance in ASC 845-10.", "key_points": [ "All of the subtopic's guidance—845-920-05-1, 845-920-15-1, 845-920-25-1, 845-920-30-1 and 845-920-30-2—was superseded by Accounting Standards Update No. 2014-09.", "Because no paragraphs remain in effect, ASC 845-920 imposes no recognition, measurement, or scope requirements for broadcaster nonmonetary transactions.", "Broadcaster barter transactions (e.g., advertising time exchanged for goods, services, or program material) that are contracts with customers are accounted for under ASC 606, including its noncash consideration guidance.", "Nonmonetary exchanges that are not revenue transactions with customers remain subject to the general guidance in ASC 845-10.", "Entities should not apply superseded guidance; the effective-date and transition provisions of ASU 2014-09 govern when the superseded paragraphs ceased to apply." ], "categories": [ "Revenue", "Industry-specific", "Transition and effective dates", "Initial measurement" ], "audience_level": "intermediate", "student_note": "This subtopic is a shell—its only content is a record of supersession by ASU 2014-09—so the exam point is knowing where the guidance went, not what it said. The common mistake is citing legacy broadcaster barter rules instead of applying ASC 606's noncash consideration (fair value) requirements.", "related_topics": [ "606", "845-10", "920-845", "920-350", "606-10" ], "key_concepts": [ "barter transactions", "nonmonetary exchange", "advertising time", "noncash consideration", "broadcasters", "superseded guidance", "program material" ] } ``` Source downloaded (UTC): 2026-09-10T02:00:13.230Z to 2026-09-10T02:00:13.230Z Record version: sha256:7947a6e9bf700245fba703b7a793794616ec47dd21aebfd1d712406e3eb9d14b Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 845-920-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/845/920/#00-status) SEC content: no ##### [845-920-00-1](https://asc.understandingaccounting.org/asc/845/920/#845-920-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:00:13.230Z to 2026-09-10T02:00:13.230Z Record version: sha256:e7e987f2e82563013afb1b1b28ad51cba2a017b5d8d8d421ec4769e9f76dcd07 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. The following table identifies the changes made to this Subtopic.
ParagraphActionAccounting Standards UpdateDate
BarterSupersededAccounting Standards Update No. 2014-0905/28/2014
BroadcasterSupersededAccounting Standards Update No. 2014-0905/28/2014
920-845-05-1SupersededAccounting Standards Update No. 2014-0905/28/2014
920-845-15-1SupersededAccounting Standards Update No. 2014-0905/28/2014
920-845-25-1SupersededAccounting Standards Update No. 2014-0905/28/2014
920-845-30-1SupersededAccounting Standards Update No. 2014-0905/28/2014
920-845-30-2SupersededAccounting Standards Update No. 2014-0905/28/2014
Source downloaded (UTC): 2026-09-10T02:00:15.586Z to 2026-09-10T02:00:15.586Z Record version: sha256:17788922aa1140cb1d26a316df93a1108478895c6e9c615064402b2d20ab6266 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 845-920-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/845/920/#05-overview-and-background) SEC content: no ##### [845-920-05-1](https://asc.understandingaccounting.org/asc/845/920/#845-920-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:00:15.586Z to 2026-09-10T02:00:15.586Z Record version: sha256:bc3b5fd522a533604ab0f5dac22e30c326352f1448db3de74fd556e6a96839bc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). Source downloaded (UTC): 2026-09-10T02:00:19.506Z to 2026-09-10T02:00:19.506Z Record version: sha256:5e2481678802a57742b097b06de54582c7c11cfb179d515eb83172a71ffaeb6d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 845-920-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/845/920/#15-scope-and-scope-exceptions) SEC content: no ##### [845-920-15-1](https://asc.understandingaccounting.org/asc/845/920/#845-920-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:00:19.506Z to 2026-09-10T02:00:19.506Z Record version: sha256:b072edabc9fd26c6253e54026fb56d613ca3579f22b74635e2357cfe5e3af4ac Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). Source downloaded (UTC): 2026-09-10T02:00:22.045Z to 2026-09-10T02:00:22.045Z Record version: sha256:bf80daccfc71ebb0d1c9b1bcb06f8014d57392beb32471eb856fa5712af96202 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 845-920-20: 20 Glossary [Read section](https://asc.understandingaccounting.org/asc/845/920/#20-glossary) SEC content: no Source downloaded (UTC): 2026-09-10T02:00:25.533Z to 2026-09-10T02:00:25.533Z Record version: sha256:a6287ed9fe99ddd8f910a59fdddb84ebcc84fbf11a1fb7a6da9bf57ce46d190c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 845-920-25: 25 Recognition [Read section](https://asc.understandingaccounting.org/asc/845/920/#25-recognition) SEC content: no ##### [845-920-25-1](https://asc.understandingaccounting.org/asc/845/920/#845-920-25-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:00:25.533Z to 2026-09-10T02:00:25.533Z Record version: sha256:91fe024ecdd2e4c4fdc5ba5ce2e8e198256b2a88aec892be7c1ac49a1149d721 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). Source downloaded (UTC): 2026-09-10T02:00:28.770Z to 2026-09-10T02:00:28.770Z Record version: sha256:cf002f94b23da6bc66870485fb76170689716b59f8ae95968fd854c6c2499e64 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 845-920-30: 30 Initial Measurement [Read section](https://asc.understandingaccounting.org/asc/845/920/#30-initial-measurement) SEC content: no ##### [845-920-30-1](https://asc.understandingaccounting.org/asc/845/920/#845-920-30-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:00:28.770Z to 2026-09-10T02:00:28.770Z Record version: sha256:43d258f6bf2327166c81e2bcad066d2eab36d65dade6a6d9c123e90c6f3bc61c Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/). ##### [845-920-30-2](https://asc.understandingaccounting.org/asc/845/920/#845-920-30-2) Pending content: no Source downloaded (UTC): 2026-09-10T02:00:28.770Z to 2026-09-10T02:00:28.770Z Record version: sha256:4ae67d4ec58de5b96c671fc27f0f7768d431a1e0b5fb2358e093f34d81ce4bc3 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).