Scope of this reference
Inspect the standard and the scope used in the teaching material. The verification date describes the stored review.
- Authority
- Financial Accounting Standards Board
- Standard
- ASC Topic 460
- Version
- Codification content as verified 2026-08-08
- Where it applies
- United States GAAP
- Entities covered
- Entities applying US GAAP after resolving Topic 606 service-versus-assurance scope
- Last source check recorded
- Aug 8, 2026
- Status recorded at review
- current
- Effective from
- Not specified in this record
Inspect the source: FASB ASC Topic 460, Guarantees
Check the applicable effective dates and later amendments in the source before applying this reference.
Concepts using this reference (3)
Instructional scope
This record supports assurance-warranty expense, liability activity, claims, estimate revisions, and disclosure after customer-contract scope is supplied.
Limitations
It does not classify a warranty promise, establish expected failure rates, or apply the broader guarantee model without complete facts.