A system and method for monitoring dynamic scopes in a runtime environment is disclosed. The system and method utilizes an algorithm which may be applied to both synchronous and asynchronous invocations. The method comprises determining an initial scope of a source component, the initial scope being a scope of the source component upon providing a synchronous call to invoke a target component. The scope declaration specified by the target component is determined. A resultant scope present upon invocation of the target component is then determined. The resultant scope is determined based on the initial scope of the source component and the scope declaration specified by the target component. A record is stored in a centralized location identifying the resultant scope, and the target component as a participant in the resultant scope.