# ASC 910-20-05: Contractors—Construction — Contract Costs — 05 Overview and Background

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/910/20/#05-overview-and-background)

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): 2026-09-10T02:09:35.080Z to 2026-09-10T02:09:35.080Z

Record version: sha256:ed9c6cf54a702a94fa620f53af55916d87c4ca54dd2c89c2e77a3b7aac7f383c

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


## ASC 910-20-05: 05 Overview and Background

[Read section](https://asc.understandingaccounting.org/asc/910/20/#05-overview-and-background)

SEC content: no

##### [910-20-05-1](https://asc.understandingaccounting.org/asc/910/20/#910-20-05-1)

Pending content: no

Source downloaded (UTC): 2026-09-10T02:09:35.080Z to 2026-09-10T02:09:35.080Z

Record version: sha256:5e06b53aecd3111df41bdd7961fcb8e4cf33bebedb4e646eaff68ca52d98f551

Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f

Effective as of: not established by retrieval timestamps.


This Subtopic addresses accounting for contract costs by construction contractors.