# ASC 944-50-15: Financial Services—Insurance — Policyholder Dividends — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/944/50/#15-scope-and-scope-exceptions)

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## ASC 944-50-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/944/50/#15-scope-and-scope-exceptions)

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#### Overall Guidance

##### [944-50-15-1](https://asc.understandingaccounting.org/asc/944/50/#944-50-15-1)

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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 paragraph [944-20-15-3](https://asc.understandingaccounting.org/asc/944/20/#944-20-15-3) and those that do not.

### Long-Duration Contracts

##### [944-50-15-2](https://asc.understandingaccounting.org/asc/944/50/#944-50-15-2)

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The Long-Duration Contracts Subsections of this Subtopic follow the same Scope and Scope Exceptions as outlined in the [General Subsection](https://asc.understandingaccounting.org/asc/944/50/#15-scope-and-scope-exceptions) of this Section, with specific instrument qualifications noted below.

#### Instruments

##### [944-50-15-3](https://asc.understandingaccounting.org/asc/944/50/#944-50-15-3)

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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 Subsection](https://asc.understandingaccounting.org/asc/944/20/#15-scope-and-scope-exceptions) of Section 944-20-15.