{"schema_version":2,"canonical_url":"https://asc.understandingaccounting.org/asc/952/10/#50-disclosure","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":"50","label":"50 Disclosure","anchor":"50-disclosure","is_sec":false,"groups":[{"block":null,"heading":null,"paragraphs":[{"citation":"952-10-50-1","para":"50-1","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_1CC50DF0-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">If there are significant changes in <a href=\"/glossary/f/#franchisor\" class=\"term\" title=\"The party who grants business rights (the franchise) to the party (the franchisee) who will operate the franchised business.\"><span>franchisor</span></a>-owned outlets or franchised outlets during the period, the number of the following shall be disclosed: </span></span><ol class=\"ol-norm\"><li class=\"li-norm\"><span class=\"linum\">a</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1CC50FB8-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Franchises sold </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">b</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1CC5112F-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Franchises purchased during the period </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">c</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1CC512A3-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Franchised outlets in operation </span></span></div></li><li class=\"li-norm\"><span class=\"linum\">d</span><div class=\"p\"><span class=\"sfragment\" id=\"sfr_1CC513FD-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">Franchisor-owned outlets in operation. </span></span></div></li></ol></div></div>","snippet":"If there are significant changes in franchisor-owned outlets or franchised outlets during the period, the number of the following shall be disclosed:\n(a) Franchises sold\n(b) Franchises purchased during the period\n(c) Fra…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:3a09dab52628f85783dffd2e72a4859740d60b472cc7755b1ad2613d03c28730","downloaded_from":"2026-09-10T02:20:49.327Z","last_downloaded_at":"2026-09-10T02:20:49.327Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482948","source_sha256":"0ff95e218c1666f39a49c24773b2e12edd3ee3b45493e452c296cfe5a77e9cbb"}},{"citation":"952-10-50-2","para":"50-2","html":"<div class=\"asc-body\"><div class=\"norm-text\"><span class=\"sfragment\" id=\"sfr_1CC5154E-6E93-1014-A13F-6E4B94C84136\"><span class=\"sfragment-source\">The nature of all significant commitments and obligations resulting from franchise agreements, including a description of the services that the <a href=\"/glossary/f/#franchisor\" class=\"term\" title=\"The party who grants business rights (the franchise) to the party (the franchisee) who will operate the franchised business.\"><span>franchisor</span></a> has agreed to provide for agreements that have not yet been substantially performed, shall be disclosed.</span></span></div></div>","snippet":"The nature of all significant commitments and obligations resulting from franchise agreements, including a description of the services that the franchisor has agreed to provide for agreements that have not yet been subst…","pending":false,"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:b511adb5f5d27e249c9c2d35c07043939274941f9866b91038be7051546caece","downloaded_from":"2026-09-10T02:20:49.327Z","last_downloaded_at":"2026-09-10T02:20:49.327Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not established by retrieval timestamps","source_key":"1943274/2147482948","source_sha256":"0ff95e218c1666f39a49c24773b2e12edd3ee3b45493e452c296cfe5a77e9cbb"}}],"provenance":{"source_url":"https://asc.fasb.org/","snapshot_version":"sha256:15aea8165dff9f5ae47d9484f8470588b13b307f56e1d50801bf4d85ec190e3f","record_version":"sha256:8c4deb721088c76d36fe957cce48f0244e915d71cdcbf36607bb170ec05583f9","downloaded_from":"2026-09-10T02:20:49.327Z","last_downloaded_at":"2026-09-10T02:20:49.327Z","date_scope":"source_page","effective_as_of":null,"effective_as_of_status":"Not 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