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 350
- Version
- Codification content as verified 2026-08-08
- Where it applies
- United States GAAP
- Entities covered
- Entities applying US GAAP; entity-specific elections and alternatives require explicit eligibility and election facts
- 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.
Concepts using this reference (10)
Instructional scope
This record supports the separation of identifiable finite- and indefinite- lived intangible assets from goodwill. It governs the core useful-life, amortization, impairment-routing, reporting-unit, rollforward, and disclosure questions after recognition and measurement facts have been established.
Limitations
The record does not decide business-combination scope, fair value, useful life, renewal feasibility, reporting units, or impairment indicators. Internal-use software, cloud arrangements, private-company alternatives, and pending content remain separately identified branches.