AICPA domain change banner
Resources

ASU 2025-06: Changes to Accounting for Internal-Use Software

in 1 day · 1 min read

AICPA MEMBER

ACCESS

Resource

available

On July 30, 2025, the FASB issued Accounting Standards Update (ASU) 2025-06, Intangibles—Goodwill and Other—Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software. ASU 2025-06 modernizes the accounting for internal-use software (the existing internal-use software guidance does not contemplate more current methods of software development). The amendments in ASU 2025-06 are limited and focused on the key challenge that entities face in applying FASB Accounting Standards Codification (FASB ASC) 350-40—applying that guidance to software that is

Download the CPEA Alert - September 2025 - ASU 2025-06

File name: CPEA Alert - September 2025 - ASU 2025-06 - Changes to Accounting for Internal-Use Software.pdf

Reserved for AICPA® & CIMA® Members

Already a member of the AICPA or CIMA?

Log in with your account
 
Forgotten email
Forgotten password

Not a member of the AICPA or CIMA?

To gain access to exclusive content, your first step is to join the AICPA or CIMA.

Mentioned in this article

Topics

Accounting & Financial Reporting
Firm Practice Management

Subtopics

Center for Plain English Accounting
Manage preferences

Related content

    This site is brought to you by the Association of International Certified Professional Accountants, the global voice of the accounting and finance profession, founded by the American Institute of CPAs and The Chartered Institute of Management Accountants.

    About|Terms & Conditions|Accessibility|Privacy Policy|Contact|Help|Site Map

    CA Do Not Sell or Share My Personal Information

    }