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The following table identifies the changes made to this Subtopic.
Paragraph Action Accounting Standards Update Date
Development Stage Entity Superseded Accounting Standards Update No. 2014-10 06/10/2014
Investee Superseded Accounting Standards Update No. 2014-10 06/10/2014
Public Business Entity Amended Maintenance Update 2016-11 (PDF) 06/27/2016
Public Business Entity Added Accounting Standards Update No. 2014-10 06/10/2014
Research and Development Superseded Accounting Standards Update No. 2014-10 06/10/2014
Subsidiary Superseded Accounting Standards Update No. 2014-10 06/10/2014
915-10-05-1 Superseded Accounting Standards Update No. 2014-10 06/10/2014
915-10-05-2 Superseded Accounting Standards Update No. 2014-10 06/10/2014
915-10-15-1 through 15-5 Superseded Accounting Standards Update No. 2014-10 06/10/2014
915-10-65-1 Added Accounting Standards Update No. 2014-10 06/10/2014
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Paragraph superseded by Accounting Standards Update No. 2014-10.
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Paragraph superseded by Accounting Standards Update No. 2014-10.
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Paragraphs 915-10-15-1 through 15-5 superseded by Accounting Standards Update No. 2014-10.
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Paragraph superseded on 06/23/2016 after the end of the transition period stated in Accounting Standards Update No. 2014-10, Development Stage Entities (Topic 915): Elimination of Certain Financial Reporting Requirements, Including an Amendment to Variable Interest Entities Guidance in Topic 810, Consolidation.
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All of its substantive content (scope, background, and the transition paragraph) was superseded by ASU 2014-10, which eliminated the incremental reporting requirements for development stage entities; the transition guidance in 915-10-65-1 was itself superseded on 06/23/2016 after the transition period ended. The subtopic is now an empty shell with no operative U.S. GAAP requirements.","key_points":["Paragraphs 915-10-05-1 and 05-2 (overview and background) were superseded by ASU 2014-10.","The scope and scope exceptions in 915-10-15-1 through 15-5 were superseded by ASU 2014-10, so no entity is now within the scope of Topic 915.","Transition paragraph 915-10-65-1 was superseded on 06/23/2016 after the end of the ASU 2014-10 transition period.","ASU 2014-10 eliminated the incremental development-stage reporting requirements (such as inception-to-date cumulative amounts and labeling as a development stage entity) and also amended the variable interest entity guidance in Topic 810.","Entities formerly reporting as development stage entities now apply the same recognition, measurement, and presentation guidance as other reporting entities."],"categories":["Transition and effective dates","Financial statement presentation","Consolidation","Industry-specific"],"audience_level":"intermediate","student_note":"Know that Topic 915 is dead letter: development stage entities no longer get (or must provide) special inception-to-date disclosures. The common misunderstanding is assuming start-ups still label themselves \"a development stage entity\" or present cumulative-since-inception columns; ASU 2014-10 removed those requirements and also changed how the VIE sufficiency-of-equity analysis under Topic 810 applies to development stage entities.","related_topics":["810","275","235","205"],"key_concepts":["development stage entity","superseded guidance","inception-to-date information","variable interest entity","transition period"],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9e68b33c065f5296f7cad63f7731875ac9a3e0cf75620cf6b3901050d669b2a1","downloaded_from":"2026-09-10T02:10:30.408Z","last_downloaded_at":"2026-09-10T02:10:38.852Z","date_scope":"source_page_range","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps"}},"related":[{"number":"235-915","title":"Development 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