{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/910/20/#50-disclosure","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":"910","topic_title":"Contractors—Construction","subtopic":"910-20","subtopic_title":"Contract Costs","section":{"number":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"910-20-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_D1CE75A0-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Both of the following amounts included in contract costs shall be disclosed: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_D1CE76AD-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The aggregate amount included in contract costs representing unapproved change orders, claims, or similar items subject to uncertainty concerning their determination or ultimate realization, plus a description of the nature and status of the principal items comprising such aggregate amounts and the basis on which such items are recorded (for example, cost or realizable value) </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_D1CE784F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The amount of progress payments netted against contract costs at the date of the balance sheet. </span></span></div></li></ol></div></div>","snippet":"Both of the following amounts included in contract costs shall be disclosed:\n(a) The aggregate amount included in contract costs representing unapproved change orders, claims, or similar items subject to uncertainty conc…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2730f1cb759d6bfc2bb2a67ebbb8d7b159212a2f04ff4870cb8b9116f199bf8a","downloaded_from":"2026-09-10T02:09:46.305Z","last_downloaded_at":"2026-09-10T02:09:46.305Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482332","source_sha256":"31495649b5ad1838390ce2dab403ed74c57a60a5db5df38b2905791cbd1b448e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:74dfc1bc3f22b1819e54860c504f1460ba043596cc88aeb53e376ff9fbde900f","downloaded_from":"2026-09-10T02:09:46.305Z","last_downloaded_at":"2026-09-10T02:09:46.305Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482332","source_sha256":"31495649b5ad1838390ce2dab403ed74c57a60a5db5df38b2905791cbd1b448e"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7a26a8f73a71f85f33dab4356fd2ec433763d3ac6fb3d35f85612ec8c12dd808","downloaded_from":"2026-09-10T02:09:46.305Z","last_downloaded_at":"2026-09-10T02:09:46.305Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482332","source_sha256":"31495649b5ad1838390ce2dab403ed74c57a60a5db5df38b2905791cbd1b448e"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:7a26a8f73a71f85f33dab4356fd2ec433763d3ac6fb3d35f85612ec8c12dd808","downloaded_from":"2026-09-10T02:09:46.305Z","last_downloaded_at":"2026-09-10T02:09:46.305Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482332","source_sha256":"31495649b5ad1838390ce2dab403ed74c57a60a5db5df38b2905791cbd1b448e"}}