# ASC 946-10-S25: Financial Services—Investment Companies — Overall — SEC 25 Recognition

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/946/10/#sec-25-recognition)

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## ASC 946-10-S25: SEC 25 Recognition

[Read section](https://asc.understandingaccounting.org/asc/946/10/#sec-25-recognition)

SEC content: yes

#### Organization and Offering Expenses and Selling Commissions

##### [946-10-S25-1](https://asc.understandingaccounting.org/asc/946/10/#946-10-S25-1)

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See paragraph [946-10-S99-4](https://asc.understandingaccounting.org/asc/946/10/#946-10-S99-4), SAB Topic 5.D, for SEC Staff views on the recognition of organization and offering expenses and selling commissions.