Wiley GAAP: Financial Statement Disclosure Manual

48ASC 808 COLLABORATIVE ARRANGEMENTS

1. Authoritative Literature
   1. Technical Alert
      1. Guidance
      2. Effective Dates
      3. Transition
   2. Subtopic
   3. Scope
      1. Transactions and Events
      2. What Constitutes a Collaborative Arrangement?
      3. Criteria for Collaborative Arrangements
      4. Timing and Assessment of Involvement
      5. Examples of Joint Operating Activities
2. Practice Alert
3. Presentation and Disclosure Requirements
   1. Presentation
   2. Disclosure
4. Presentation and Disclosure Examples
   1. Example 48.1: Detailed Analysis of Whether Arrangement Is within the Scope of ASC 808, Where Some Revenue Is within the Scope of ASC 606 and Some Is within the Scope of ASC 808
   2. Example 48.2: Collaboration Agreement
   3. Example 48.3: Collaborative Agreement, Contract Counterparty Not a Customer
   4. Example 48.4: Joint Venture, Considered Collaborative Agreement
   5. Example 48.5: Analysis of Collaboration Agreements, Conclusion within Scope of ASC 606
   6. Example 48.6: Guaranty

AUTHORITATIVE LITERATURE

A collaborative arrangement (sometimes referred to in practice as “line‐item” joint ventures or “virtual” joint ventures) is a contractual agreement between two or more parties (participants) to jointly conduct business activities for their mutual benefit without the formation of a separate entity in which to conduct the activities.

Determining the proper accounting treatment for the various activities included in these endeavors is the subject of ASC 808, Collaborative Arrangements.

Technical Alert

In November 2018, the FASB issued ASU 2018‐18, Collaborative ...