{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/952/10/#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":"952","topic_title":"Franchisors","subtopic":"952-10","subtopic_title":"Overall","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":"952-10-15-1","para":"15-1","html":"<div class=\"asc-body\"><div class=\"norm-text\">The Subtopics within the Franchisors Topic only provide incremental industry-specific guidance for the entities defined in this Scope Section, or as further defined in the Scope Sections of the individual Franchisors Subtopics. Entities within the scope of this Topic shall also comply with the applicable guidance not included in this Topic.</div></div>","snippet":"The Subtopics within the Franchisors Topic only provide incremental industry-specific guidance for the entities defined in this Scope Section, or as further defined in the Scope Sections of the individual Franchisors Sub…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:466d607b84766638f06613aaa75813ed5d037b46d09988e46a820697e93f27d5","downloaded_from":"2026-09-10T02:20:36.377Z","last_downloaded_at":"2026-09-10T02:20:36.377Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval 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grants business rights (the franchise) to the party (the franchisee) who will operate the franchised business.\"><span>franchisor</span></a>, that is, the party that grants business rights (the franchise) to the party (the <a href=\"/glossary/f/#franchisee\" class=\"term\" title=\"The party who has been granted business rights (the franchise) to operate the franchised business.\"><span>franchisee</span></a>) that will operate the franchised business.</div></div>","snippet":"The guidance in this Subtopic applies to all entities that meet the definition of franchisor, that is, the party that grants business rights (the franchise) to the party (the franchisee) that will operate the franchised …","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:530cdceb3d93f3e8a95e322fe3f2008ae3df943f5c25ab7a0161c43bac497c78","downloaded_from":"2026-09-10T02:20:36.377Z","last_downloaded_at":"2026-09-10T02:20:36.377Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483050","source_sha256":"b5522cbc0d48b5cbe55bd9015023c3273d986ef2d3b2f205e5e92c931e8acd9f"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:eeaa5391caa23b1cbe51a4844f701d4872c714f4399072791f699a9f71534741","downloaded_from":"2026-09-10T02:20:36.377Z","last_downloaded_at":"2026-09-10T02:20:36.377Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147483050","source_sha256":"b5522cbc0d48b5cbe55bd9015023c3273d986ef2d3b2f205e5e92c931e8acd9f"}},{"block":null,"heading":"Transactions","paragraphs":[{"citation":"952-10-15-3","para":"15-3","html":"<div class=\"asc-body\"><div class=\"norm-text\">The guidance in this Topic applies to the following:<ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><a href=\"/updates/asu-2014-09/\" class=\"xref\">Subparagraph superseded by Accounting Standards Update No. 2014-09</a>.</div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\">Costs associated with franchising activities</div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\">Transactions between the franchisor and franchisee.</div></li></ol></div></div>","snippet":"The guidance in this Topic applies to the following:\n(a) Subparagraph superseded by Accounting Standards Update No. 2014-09.\n(b) 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