Modernizing accounting for internal-use software development expenses ACCOUNTING STANDARDS UPDATE 2025-06: INTANGIBLES-GOODWILL AND OTHER- INTERNAL-USE SOFTWARE (SUBTOPIC 350-40): TARGETED IMPROVEMENTS TO THE ACCOUNTING FOR INTERNAL-USE SOFTWARE In response to stakeholder feedback, the Financial Accounting Standards Board (FASB) has issued a new Accounting Standards Update (ASU) aimed at simplifying and modernizing how entities account for internal-use … Continue reading How Will FASB’s New Software Capitalization Rules Impact Your Business?