{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/944/50/#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":"944","topic_title":"Financial Services—Insurance","subtopic":"944-50","subtopic_title":"Policyholder Dividends","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":"944-50-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section <a altsource=\"GUID-6D9C18A3-ADAA-4660-A6E4-06A364A6BB5D.ditamap\" class=\"ditamap\">944-10-15</a>. The guidance in this Subtopic distinguishes between participating contracts that meet the criteria in paragraph <a href=\"/asc/944/20/#944-20-15-3\" class=\"xref\">944-20-15-3</a> and those that do not.</div></div>","snippet":"This Subtopic follows the same Scope and Scope Exceptions as outlined in the Overall Subtopic, see Section 944-10-15. The guidance in this Subtopic distinguishes between participating contracts that meet the criteria in …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:5c1e710e6588252d9e8c66c9174141ea3034697c34aaa9b57889a72142a548e7","downloaded_from":"2026-09-10T02:17:24.083Z","last_downloaded_at":"2026-09-10T02:17:24.083Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479900","source_sha256":"02ce2d6154be63d640d8993b6909b95a51c6280de7684d2095b74139201d6206"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3410b4eb35c8dfbbda64430334d6b285a6c4e83849e6c8d3d6fc39c5b3b44228","downloaded_from":"2026-09-10T02:17:24.083Z","last_downloaded_at":"2026-09-10T02:17:24.083Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479900","source_sha256":"02ce2d6154be63d640d8993b6909b95a51c6280de7684d2095b74139201d6206"}},{"block":"Long-Duration Contracts","heading":"Overall Guidance","paragraphs":[{"citation":"944-50-15-2","para":"15-2","html":"<div class=\"asc-body\"><div class=\"norm-text\">The Long-Duration Contracts Subsections of this Subtopic follow the same Scope and Scope Exceptions as outlined in the <a href=\"/asc/944/50/#15-scope-and-scope-exceptions\" class=\"xref\">General Subsection</a> of this Section, with specific instrument qualifications noted below.</div></div>","snippet":"The Long-Duration Contracts Subsections of this Subtopic follow the same Scope and Scope Exceptions as outlined in the General Subsection of this Section, with specific instrument qualifications noted below.","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:c499540dc35b7a46363c66ae665872c3dca544653a1ff2ebb3e07cb46819206d","downloaded_from":"2026-09-10T02:17:24.083Z","last_downloaded_at":"2026-09-10T02:17:24.083Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479900","source_sha256":"02ce2d6154be63d640d8993b6909b95a51c6280de7684d2095b74139201d6206"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:9016d390adfc6c8dfb4c53a863cff97af3a6b788fd36ac22df35532872356e25","downloaded_from":"2026-09-10T02:17:24.083Z","last_downloaded_at":"2026-09-10T02:17:24.083Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479900","source_sha256":"02ce2d6154be63d640d8993b6909b95a51c6280de7684d2095b74139201d6206"}},{"block":"Long-Duration Contracts","heading":"Instruments","paragraphs":[{"citation":"944-50-15-3","para":"15-3","html":"<div class=\"asc-body\"><div class=\"norm-text\">The guidance in the Long-Duration Contracts Subsections of this Subtopic applies only to long-duration insurance contracts. For guidance on identifying a long-duration insurance contract, see the <a href=\"/asc/944/20/#15-scope-and-scope-exceptions\" class=\"xref\">Long-Duration Contracts Subsection</a> of Section 944-20-15.</div></div>","snippet":"The guidance in the Long-Duration Contracts Subsections of this Subtopic applies only to long-duration insurance contracts. For guidance on identifying a long-duration insurance contract, see the Long-Duration Contracts …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:2c88b3a132ea8d2b1c8237909ea28eb25154551a440080589924706aca02808a","downloaded_from":"2026-09-10T02:17:24.083Z","last_downloaded_at":"2026-09-10T02:17:24.083Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479900","source_sha256":"02ce2d6154be63d640d8993b6909b95a51c6280de7684d2095b74139201d6206"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:6ed9cf3558a89448ccb12713b0e1abb90d2ffee308ba4f9cb227c468267c1f15","downloaded_from":"2026-09-10T02:17:24.083Z","last_downloaded_at":"2026-09-10T02:17:24.083Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479900","source_sha256":"02ce2d6154be63d640d8993b6909b95a51c6280de7684d2095b74139201d6206"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:20b45fe7ee9e6dace3e1e6ea25726006c4850811ce08982ed91339c5fbe83a7b","downloaded_from":"2026-09-10T02:17:24.083Z","last_downloaded_at":"2026-09-10T02:17:24.083Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479900","source_sha256":"02ce2d6154be63d640d8993b6909b95a51c6280de7684d2095b74139201d6206"}},"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:20b45fe7ee9e6dace3e1e6ea25726006c4850811ce08982ed91339c5fbe83a7b","downloaded_from":"2026-09-10T02:17:24.083Z","last_downloaded_at":"2026-09-10T02:17:24.083Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147479900","source_sha256":"02ce2d6154be63d640d8993b6909b95a51c6280de7684d2095b74139201d6206"}}