# ASC 952-10-15: Franchisors — Overall — 15 Scope and Scope Exceptions

Source: FASB Accounting Standards Codification, Basic View

[Read online](https://asc.understandingaccounting.org/asc/952/10/#15-scope-and-scope-exceptions)

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## ASC 952-10-15: 15 Scope and Scope Exceptions

[Read section](https://asc.understandingaccounting.org/asc/952/10/#15-scope-and-scope-exceptions)

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#### Overall Guidance

##### [952-10-15-1](https://asc.understandingaccounting.org/asc/952/10/#952-10-15-1)

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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.

#### Entities

##### [952-10-15-2](https://asc.understandingaccounting.org/asc/952/10/#952-10-15-2)

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The guidance in this Subtopic applies to all entities that meet the definition of [franchisor](https://asc.understandingaccounting.org/glossary/f/#franchisor "The party who grants business rights (the franchise) to the party (the franchisee) who will operate the franchised business."), that is, the party that grants business rights (the franchise) to the party (the [franchisee](https://asc.understandingaccounting.org/glossary/f/#franchisee "The party who has been granted business rights (the franchise) to operate the franchised business.")) that will operate the franchised business.

#### Transactions

##### [952-10-15-3](https://asc.understandingaccounting.org/asc/952/10/#952-10-15-3)

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The guidance in this Topic applies to the following:

1.  a
    
    [Subparagraph superseded by Accounting Standards Update No. 2014-09](https://asc.understandingaccounting.org/updates/asu-2014-09/).
    
2.  b
    
    Costs associated with franchising activities
    
3.  c
    
    Transactions between the franchisor and franchisee.