{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/850/10/#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":"850","topic_title":"Related Party Disclosures","subtopic":"850-10","subtopic_title":"Overall","section":{"number":"15","label":"15 Scope and Scope Exceptions","anchor":"15-scope-and-scope-exceptions","is_sec":false,"groups":[{"block":null,"heading":"Overall Guidance","paragraphs":[{"citation":"850-10-15-1","para":"15-1","html":"
The Scope Section of the Overall Subtopic establishes the pervasive scope for the Related Party Disclosures Topic.
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The guidance in the Related Party Disclosures Topic applies to all entities.
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The guidance in the Related Party Disclosures Topic is limited to disclosures. Accounting and reporting issues concerning certain related party transactions and relationships are addressed in other Topics.
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The requirements of the Related Party Disclosures Topic are applicable to separate financial statements of each or combined groups of each of the following:
  1. a
    A parent entity
  2. b
    A subsidiary
  3. c
    A corporate joint venture
  4. d
    A 50-percent-or-less owned investee.
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