# ASC Topic 915: Development Stage Entities Source: FASB Accounting Standards Codification, Basic View [Read online](https://asc.understandingaccounting.org/asc/915/) 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): 2026-09-10T02:10:30.408Z to 2026-09-10T02:10:38.852Z Record version: sha256:8af821a17e0fc8e8f0273334fae523965d90306429fde44f00f5e13a78df7085 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## Machine-generated topic summary ASC 915 once housed the incremental reporting requirements for "development stage entities" — entities devoting substantially all efforts to establishing a new business with no principal operations or no significant revenue — which had to label themselves as such and present inception-to-date cumulative amounts of revenues, expenses, cash flows, and equity transactions. ASU 2014-10 superseded the entire subtopic: the overview and background (915-10-05-1 and 05-2) and the scope paragraphs (915-10-15-1 through 15-5) were eliminated, so no entity is now within the scope of Topic 915, and the transition paragraph 915-10-65-1 was itself superseded on 06/23/2016 once the transition period ended. The same ASU also amended the variable interest entity guidance in Topic 810. The single most important takeaway is that ASC 915 is now an empty shell — former development stage entities apply the same recognition, measurement, and presentation guidance as every other reporting entity. Source downloaded (UTC): 2026-09-10T02:10:30.408Z to 2026-09-10T02:10:38.852Z Record version: sha256:2b65c437db9652b77c3cc29f69f2ac15a98fa6730b1bc0da727b9daa8a418532 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 915-10: Development Stage Entities — Overall ### Machine-generated study aids ```json { "summary": "ASC 915-10 formerly set out the \"Overall\" guidance for development stage entities — entities devoting substantially all efforts to establishing a new business that had no principal operations or no significant revenue. 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" ] } ``` Source downloaded (UTC): 2026-09-10T02:10:30.408Z to 2026-09-10T02:10:30.408Z Record version: sha256:a16923c3e22454799e42eeffbfe71de2a4ef528afca565741cc76fb7525478c4 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 915-10-00: 00 Status [Read section](https://asc.understandingaccounting.org/asc/915/10/#00-status) SEC content: no ##### [915-10-00-1](https://asc.understandingaccounting.org/asc/915/10/#915-10-00-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:10:30.408Z to 2026-09-10T02:10:30.408Z Record version: sha256:b297a0914e1a18d29970c31441efa22dec41109d16da860278ebf2f956e75b92 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
Development Stage EntitySupersededAccounting Standards Update No. 2014-1006/10/2014
InvesteeSupersededAccounting Standards Update No. 2014-1006/10/2014
Public Business EntityAmendedMaintenance Update 2016-11 (PDF)06/27/2016
Public Business EntityAddedAccounting Standards Update No. 2014-1006/10/2014
Research and DevelopmentSupersededAccounting Standards Update No. 2014-1006/10/2014
SubsidiarySupersededAccounting Standards Update No. 2014-1006/10/2014
915-10-05-1SupersededAccounting Standards Update No. 2014-1006/10/2014
915-10-05-2SupersededAccounting Standards Update No. 2014-1006/10/2014
915-10-15-1 through 15-5SupersededAccounting Standards Update No. 2014-1006/10/2014
915-10-65-1AddedAccounting Standards Update No. 2014-1006/10/2014
Source downloaded (UTC): 2026-09-10T02:10:32.098Z to 2026-09-10T02:10:32.098Z Record version: sha256:1b8e4ce2e0759907b693ae25dc3c32cf803ebf807b4aa8ee579a53e5df57cc8f Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 915-10-05: 05 Overview and Background [Read section](https://asc.understandingaccounting.org/asc/915/10/#05-overview-and-background) SEC content: no ##### [915-10-05-1](https://asc.understandingaccounting.org/asc/915/10/#915-10-05-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:10:32.098Z to 2026-09-10T02:10:32.098Z Record version: sha256:b9a16645701a1099635f997f32458a1441fdede1f6343d6960c700ef1920d3cc Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). ##### [915-10-05-2](https://asc.understandingaccounting.org/asc/915/10/#915-10-05-2) Pending content: no Source downloaded (UTC): 2026-09-10T02:10:32.098Z to 2026-09-10T02:10:32.098Z Record version: sha256:13717313cab84f39b6800e6f2153c16de5abf2846d5a47b3e5f1260867f13471 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraph superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/updates/asu-2014-10/). Source downloaded (UTC): 2026-09-10T02:10:33.876Z to 2026-09-10T02:10:33.876Z Record version: sha256:09b2e842502d3488cb1f912d38b3dd12a418accb826d9491df29ea7b41374342 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 915-10-15: 15 Scope and Scope Exceptions [Read section](https://asc.understandingaccounting.org/asc/915/10/#15-scope-and-scope-exceptions) SEC content: no ##### [915-10-15-1](https://asc.understandingaccounting.org/asc/915/10/#915-10-15-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:10:33.876Z to 2026-09-10T02:10:33.876Z Record version: sha256:a0b93401b5b522b3c99f6884d33badab5dc0ec4ab7b8a91c6671e5fce19e682d Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. [Paragraphs 915-10-15-1 through 15-5 superseded by Accounting Standards Update No. 2014-10](https://asc.understandingaccounting.org/asc/915/10/#915-10-15-1). Source downloaded (UTC): 2026-09-10T02:10:38.852Z to 2026-09-10T02:10:38.852Z Record version: sha256:1fe4337a0c945f7440fabcf4caaaf37fbe62c2d625d30025290a0c1f616035e5 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. ## ASC 915-10-65: 65 Transition and Open Effective Date Information [Read section](https://asc.understandingaccounting.org/asc/915/10/#65-transition-and-open-effective-date-information) SEC content: no ##### [915-10-65-1](https://asc.understandingaccounting.org/asc/915/10/#915-10-65-1) Pending content: no Source downloaded (UTC): 2026-09-10T02:10:38.852Z to 2026-09-10T02:10:38.852Z Record version: sha256:6f00c5fdd2f06ec458c72053241ee0cadfb7d0f266279b57fab63a7dec8e6c18 Snapshot version: sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f Effective as of: not established by retrieval timestamps. 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_.