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 Subtopic 350-40
- Version
- Current Codification content as verified 2026-08-08; ASU 2025-06 not adopted
- Where it applies
- United States GAAP
- Entities covered
- Entities applying current Subtopic 350-40 that have not early adopted ASU 2025-06
- Last source check recorded
- Aug 8, 2026
- Status recorded at review
- current
- Effective from
- Not specified in this record
Inspect the source: FASB Accounting Standards Codification Topic 350, Intangibles—Goodwill and Other
Check the applicable effective dates and later amendments in the source before applying this reference.
Later reference: ASU 2025-06 pending Subtopic 350-40 internal-use software model
Instructional scope
The current-content lane uses the existing internal-use software project-stage architecture. A case must identify preliminary-project, application- development, and post-implementation-operation activities, then separately classify training, conversion, maintenance, upgrades, and hosting-service facts.
Standards-clock control
This record is the default only before ASU 2025-06 adoption. The exercise must state the period and adoption status; it may compare pending content but cannot mix the two capitalization triggers.
Limitations
Software marketed externally follows Topic 985. Unresolved cloud-delivery purpose, unit of account, AI training, data conversion, and upgrade questions require current paragraph-level research.